Key Points From the Interview
ou buy an ecommerce business doing $30k/mo.
It's in the pet space.
There's a lot of obvious improvements to be made with the business, including turning on Facebook ads.
So you do that.
And a month later, the business is doing $150,000.
The month after that $250,000.
The month after that... $400k!
So in a few months, you've grown revenue from 30 to 400 thousand dollars a month without really changing much.
That is the DREAM, and it's what happened to today's guest Ramon Van Meer.
If you're a My First Million podcast listener, you may have heard Shaan & Sam refer to their buddy Ramon, the guy who's sold many millions of dollars of dog ramps.
Well that's the same Ramon you're about to listen to here. I was so thrilled that he agreed to come on.
(And if you like this story, you'll like my interview with Keith Leimbach, who also bought an underperforming ecommerce business and grew it tremendously in a short amount of time. Check out episode 68 from April for that.)
OK, please enjoy this interview with dog ramp king Ramon Van Meer.👇👇👇
August Felker is a 2-time successful searcher — first with a traditional search fund; the second time around, he did a self-funded search.
Today August runs Oberle Risk Strategies, an insurance firm with a dedicated practice group for searchers and acquisition entrepreneurs like you.
If you've got a business under LOI, Oberle will provide complimentary due diligence on that business's insurance and benefits program. A great, no-risk way to get to know August & team.
They love helping searchers; they've worked with hundreds. Oberle is a specialty insurance brokerage for searchers, by a former searcher.
Check out the Search Fund Team at Oberle.