Living on the Knife's Edge

by a searcher from Brown University

1 year ago

This week's Acquiring Minds interview was with Mike Loftus, who founded & then acquired 3 landscaping businesses in Orange County.
Mike talks about the financial situation of many workers in blue-collar industries — how precarious it is. 
One of the most valuable moments in the interview.
Take a listen:


I thought this was a great reminder for those of us (including myself here) who have the good fortune to not live check-to-check.
If you buy a blue-collar business, many of your employees might live that way, and it's a responsibility you'll have to treat with the utmost seriousness and respect.
Below is the FULL interview, or you can listen on Spotify, Apple Podcasts, or the Acquiring Minds website:

1 like
63 views
2 comments

searcher from Washington University in St. Louis

Thank you for the podcast. Good information

1 year ago | like reply | 1 like

searcher from University of Missouri - Columbia

Agree with the comment on the knifes edge for employees. I've found that's true for some of my contractor companies as well. Pay on time or early for good work and you will move to the top of the priority list.

1 year ago | like reply | 1 like

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