From Side Hustle to Biggest Systainer Supplier in the US with Tim Swieter [Ep.174]

From Side Hustle to Biggest Systainer Supplier in the US with Tim Swieter [Ep.174]

Great entrepreneurs don't just wait for opportunities, they create them.

That's exactly what Tim Swieter did.

It all started when Tim was searching for storage containers for his home workshop. He quickly realized that the Systainer market in the U.S. had a major gap. Instead of just moving on, he saw an opportunity. So, he reached out to the international owners of Systainer with a proposition - he wanted to become their U.S. distributor.

Fast-forward a few years, and what started as a side hustle turned into the largest Systainer distribution business in the country.

Then came the ultimate full-circle moment: Tim sold the business back to Systainer's owners, walking away with a lucrative payday and a wealth of experience.

In this episode, Tim shares the inside story—how he identified an overlooked niche, built brand recognition and trust, and scaled his business. He also opens up about the challenges of selling, the unexpected hurdles he faced, and what it's really like to stay involved as a consultant post-acquisition. According to Tim,

"If you're going to consult, you have to set boundaries and clearly outline the scope of your work. You also need to know that you really want to work with that team. If those things don't exist, you either need to really cut back on the consulting or not do it at all."

Whether you're looking to sell your business or searching for inspiration on how to build one, this episode is packed with insights you won't want to miss.

Topics Discussed in this episode:
  • From building theme park rollercoasters to running an eCommerce business (02:08)
  • The challenges Tim faced launching and growing his business (10:36)
  • The marketing strategies Tim used to build trust and brand recognition (13:00)
  • Balancing B2B vs B2C customers (20:35)
  • How Tim became the biggest Systainer supplier in the US (23:08)
  • How Tim ended up selling his Systainer business (27:39)
  • Calculating a valuation for the business (32:27)
  • The timeline of the sale - it's always longer than you think (38:17)
  • Tim's new post-acquisition consulting role (40:22)
  • Tim's work in the SaaS world and the opportunities he found in that industry (47:12)
Mentions:

Sit back, grab a coffee, and learn how this entrepreneur identified a gap in the market and used it to his advantage!

Denne episoden er hentet fra en åpen RSS-feed og er ikke publisert av Podme. Den kan derfor inneholde annonser.

Episoder(237)

The Future of Online Business Investing With Mike Swigunski [Ep.216]

The Future of Online Business Investing With Mike Swigunski [Ep.216]

Entrepreneurship isn't a linear path. Some entrepreneurs spend decades building a single business. Others buy, grow, and sell businesses repeatedly. Some focus on building a portfolio of businesses. A...

23 Jun 1h

Rebuilding From Bankruptcy to $50K Months as a Solopreneur With Moe Choice [Ep.215]

Rebuilding From Bankruptcy to $50K Months as a Solopreneur With Moe Choice [Ep.215]

Most entrepreneurs don't get it right the first time. In fact, the average founder fails around four times before they land something that really works. What matters isn't avoiding failure, it's what ...

16 Jun 1h 2min

How to Raise $12M to Buy Small Businesses With Grant Hensel [Ep.214]

How to Raise $12M to Buy Small Businesses With Grant Hensel [Ep.214]

What separates great entrepreneurs from everyone else is not avoiding failure. It's their ability to get back up and keep trying new things.Grant Hensel started 10 businesses, watched seven fail, scal...

26 Mai 56min

Building for Acquisition: Lessons From a $40 Million Exit With Beth Mazza [Ep.213]

Building for Acquisition: Lessons From a $40 Million Exit With Beth Mazza [Ep.213]

Most founders think selling a business is the finish line. For Beth Mazza, it was the start of a completely different challenge. After selling her first consulting firm for a modest valuation, Beth re...

19 Mai 1h

Subscription Strategies for Ecommerce Growth With Matt Holman [Ep.212]

Subscription Strategies for Ecommerce Growth With Matt Holman [Ep.212]

For many eCommerce brands, getting the first sale is not the hardest part. Keeping customers coming back is. In this episode of the Opportunity Podcast, Greg speaks with Matthew Holman, founder of D2C...

12 Mai 53min

Rewriting the Paid Ads Playbook With Hernan Vazquez [Ep.211]

Rewriting the Paid Ads Playbook With Hernan Vazquez [Ep.211]

Paid ads used to be simple: find the right audience, dial in your targeting, and scale. Now? It's where a lot of businesses quietly burn cash.  In this episode, we are joined by Hernan Vazquez, a paid...

28 Apr 57min

Neuromarketing: The Science Behind What Makes People Buy With Nancy Harhut [Ep.210]

Neuromarketing: The Science Behind What Makes People Buy With Nancy Harhut [Ep.210]

In a world flooded with AI-generated content, standing out is harder than ever. Which is exactly why understanding why people make decisions matters more now than ever before. In this episode of the O...

21 Apr 1h 5min

Finding Purpose Beyond Profit With Terry Kyle [Ep.209]

Finding Purpose Beyond Profit With Terry Kyle [Ep.209]

Most hosting companies don't start because someone dreams of running servers. They start because something is broken and users are frustrated. That's exactly how Terry Kyle built WPX. In this episode,...

7 Apr 1h 5min

Populært innen Business og økonomi

stopp-verden
lydartikler-fra-aftenposten
dine-penger-pengeradet
e24-podden
rss-borsmorgen-okonominyhetene
rss-penger-polser-og-politikk
rss-skravla-gar
aftenbladet-intervjuer
pengepodden-2
finansredaksjonen
livet-pa-veien-med-jan-erik-larssen
rss-pa-konto
utbytte
morgenkaffen-med-finansavisen
okonomiamatorene
tid-er-penger-en-podcast-med-peter-warren
liberal-halvtime
lederpodden
pengesnakk
stormkast-med-valebrokk-stordalen