Key Points From the Interview
ack in 2019, today's guest looked at buying a business that installed & serviced back-up generators.
He didn't get that particular business, but it opened his eyes.
Over the next 5 years, he learned more about the generator business.
The fragmentation.
The lack of specialized players.
The tailwinds.
He got to know 2 other searchers who bought generator businesses; both did well.
So by 2023, Nick Haschka had become convinced that there was a big opportunity here.
And that seizing it should be his next chapter — indeed, maybe his career-making chapter.
This interview will show you how an entrepreneur develops a thesis and, once committed, goes after it hard.
You'll hear how Nick hired an operating partner in Dillan Ferguson, who is also with us in the interview.
You'll hear how he raised money, how much, and how it was structured.
And you'll hear the progress Nick & Dillan have made so far.
Teaser: a lot. The first acquisition was this past January. 5 months, a second acquisition, and a lot of organic growth later, and they've already quadrupled the business.
A fascinating look behind the curtain of two entrepreneurs with an aggressive plan to build a dominant regional platform in 5 years.
Here's Nick Haschka & Dillan Ferguson of OnPoint Generators.
