He sold $35,000,000 of dog ramps

Ramon van Meer tells his story on Twitter.

Dog ramps are ramps that help small dogs 🐶  get onto a couch or bed.

Ramon bought the business 2.5 years ago for $300,000, and has since scaled it massively.

He gives some compelling reasons for buying an existing business rather than starting from scratch…

1. For me, it is easier and faster to go from 1 to 10 vs 0 to 1.

2. There is already a product-market fit (of some sort), there is history, revenue, and data you can work with.

3. Similar like real estate, I look for “crappy fixer-uppers” in “up-and-coming areas”. I know how to fix and increase value, I am not a great building.

4. Typically I want to see 3 things I can improve on the website and increase value