cover of episode Buying A Seasonal Gift Basket Business In Canada

Buying A Seasonal Gift Basket Business In Canada

2024/6/24
logo of podcast Think Big, Buy Small

Think Big, Buy Small
AI Deep Dive AI Chapters Transcript
People
R
Robin Kovitz
Topics
Robin Kovitz：离开私募股权行业收购小型企业是为了平衡家庭和事业，追求更大的工作灵活性。收购过程漫长，因为她使用自有资金，谨慎小心，并追求自己热衷的事业。她认为即使收购失败，这段经历也能为未来的职业发展带来价值。在怀孕期间进行收购搜索是可行的，灵活的时间安排是优势。她对收购的礼品篮公司充满热情，热爱产品、客户连接和带来的快乐，并喜欢解决礼品篮设计中兼具美观性和成本效益的难题。第一季运营艰难，因为要学习业务、适应公司原有两位创始人的存在，以及处理交易中的一些细节问题。早期运营中，她扮演了多个角色，工作时间非常长。她快速做出重大改变是因为无法忍受低效，并对业务有改进的愿景，而非仅仅是经济上的考量。她对扩大规模和增加收入持乐观态度，但承认当时缺乏足够的信心。她事业的成功很大程度上归功于丈夫的支持和家庭的付出。选择合作伙伴的关键在于其对事业的支持、倾听和认同。早期工作时间过长是因为学习业务、改进团队效率和自身的工作习惯。她很擅长直接管理风险，并认为有时不冒险反而风险更大。她认为家庭中应该有人承担风险，并强调创业的直接回报与个人努力的关联性。她认为创业者具有不顾现有资源而追求机会的韧性。她强调在创业中要相信自己，并积极寻找解决方案。她认为季节性业务很难经营，但如果能解决季节性问题，也能获得高额利润。她希望长期经营这家公司，并认为公司不仅仅是一份工作，更是一种人生目标。她将公司成功归因于以商业化的视角和严谨的分析方法来经营公司。她认为公司能够成功，与其对电商和竞争的适应性有关。 Royce Yudkoff & Rick Rubeck：他们认为收购季节性业务存在风险，但Robin的成功也证明了其可能性。

Deep Dive

Chapters
Robin Kovitz discusses her journey from private equity to becoming an acquisition entrepreneur, highlighting the challenges of balancing family life and career, and her decision to use her own money for the search and acquisition.

Shownotes Transcript

Ten years ago, Robin Kovitz became President & CEO of Baskits, now one of Canada’s leading gift services companies, by purchasing the company from its two retiring founders.  Baskits was an acquisition that had many of the qualities that lead to success for first-time CEOs, including recurring customers and a record showing years of profitable operations.  It was also, however, a seasonal business, which is a potential red flag for Rick and Royce.  In this episode, Robin shares insights on why she decided to become an acquisition entrepreneur, the impact of her “being passionate about the business” investment criteria on her geographically focused and self-funded search, her perceptions of risk, the effects of searching on family life, why she loves her role at Baskits, and more.