How I Built and Sold a $31m Financial Media HoldCo | James Camp Interview
Podcast:Buyers and Builders Published On: Tue Oct 15 2024 Description: James started and built a financial media holdco to the point where it was acquired for $31 million.He did it in 5 short years…We discuss:- Founding HoldCo with the most financially creative person he knew – a former commodities trader- Organic growth vs growth through mergers and acquisitions- Looking for stable year-over-year growth opportunities. “I’m not the dude who wants to do turnarounds”- The importance of distribution and surfing the right wave- The best deals have always been off-market- How to win deals over the guys who take potential sellers to Lakers games- Sales and marketing lessons from friends who run $100 mm business- Why he's betting heavily on social: Short and long-form content- Why and how ego holds too many entrepreneurs backMy conversation with James Camp, co-founder of DMO Holdings.Enjoy.Show notes:00:00:00 - Intro00:00:44 - Life before DMO Holdings00:06:10 - Launch and growth of DMO Holdings00:15:35 - Finding the best talent through your network and community00:28:35 - The importance of distribution and surfing the right wave00:33:28 - Buy and build success tory: Growing a company 6x in 11 months00:41:03 - Looking for $2-5mm EBITDA businesses00:55:55 - Ego holds so many entrepreneurs back01:03:30 - Attracting the right LPsFollow Mikk/PrivatEquityGuy on Twitter: https://x.com/PrivatEquityGuyJames on Twitter: https://x.com/JamesonCampThis podcast is for informational purposes only and should not be relied upon as a basis for investment decisions.