How We Bought 10 Businesses and Turned $20K Into a $200M HoldCo | Roman Khan Interview
How We Bought 10 Businesses and Turned $20K Into a $200M HoldCo | Roman Khan Interview  
Podcast: Buyers and Builders
Published On: Tue Jan 21 2025
Description: Roman Khan is the co-founder of Peak21, a direct-to-consumer holding company that has scaled to an impressive $200 million in revenue—all while maintaining profitability.Together with his wife Jennifer, Roman has acquired 10 companies, building a diverse and thriving portfolio of DTC brands.In this episode, we dive into Roman’s entrepreneurial journey, including the challenges and strategies of scaling a profitable holding company, his approach to identifying and integrating acquisitions, and the unique dynamics of running a business with his spouse.We also explore the future of direct-to-consumer businesses, lessons learned from building and buying brands, and what it takes to succeed in an increasingly competitive market.Please enjoy this conversation with Roman Khan, co-founder of Peak21.----------------------------------------------Timestamps:00:00:00 - Introduction00:00:30 - Starts his business career with $20,00000:05:19 - Getting fired by his wife "go find other companies to buy"00:06:55 - First success in business (paying 7-fig in dividends)00:08:40 - "I'm an idiot, I made a huge mistake"00:10:35 - The story of the first acquisition00:13:40 - Investing in a very small companies and growing 10x or more00:19:10 - Finding the first investor to start Peak2100:21:31 - 5 acquisitions, the largest have been 8-figure investments00:29:57 - Three key competencies00:32:55 - Intensive work 6 hours a day00:34:55 - "When we started 10 years ago, we had it easy"00:38:28 - Looking at 80-100 deals per month00:40:32 - Lessons from the oil industry00:43:21 - Roman's best investment advice-----------------------------------------------Follow Mikk/PrivatEquityGuy on Twitter: https://x.com/PrivatEquityGuy Roman on Twitter: https://x.com/RomanEcomThis podcast is for informational purposes only and should not be relied upon as a basis for investment decisions.