How to Survive Buying into a Terrible Industry

oday's interview is a wild ride through a harrowing 5-year journey of acquisition entrepreneurship. Ayo Phillips bought a resurfacing & refinishing business in 2017. Within weeks the wheels started coming off. Ayo's wife suffers a traumatic delivery in a Chicago hospital, which keeps him there during the first crucial days of his transition to owner of the business, which is based in Houston. The first payroll checks don't clear . Hurricane Harvey slams Houston. Sales slide , fast. He loses people, many of whom launch competing services in an already viciously competitive market. And to his horror, he discovers that corruption is rife throughout his adopted industry. And all of that is just in year 1 .