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Podcast: Think Like an Owner
Episode: Nick Haschka - Reversing Course on a Holding Company - Ep.129
Description: My guest on this episode is Nick Haschka, back for a third episode to provide an update on his early ambitions of a holding company, which have taken a slight turn. Two years ago, Nick and his partner Anupam Sharma acquired a commercial landscaping company Vargas Gardening. They added a manager and grew the business, but realized the road ahead was going to be substantially more difficult and so made the decision to sell the business, earning a two-year IRR of 122%. Running a second business with a worse economic profile than Wright Gardener wasn't going to be as valuable...