E184: Chandler Reed On His Journey as an Entrepreneur and the Success of His Green Energy Business

How2Exit: Buy, Don't Build - M&A of Small Businesses

About the Guest(s): Chandler Reed is a finance and real estate professional based in Tampa, Florida. He acquired his first business through the ETA (Entrepreneur Through Acquisition) method and is currently the co-owner of Get Green NOI. With a background in multifamily real estate and finance, Chandler brings his expertise to the company, which specializes in commercial lighting retrofit projects for large apartment complexes. He is passionate about sustainability and helping clients reduce energy consumption while improving their properties. You can connect with Chandler on Twitter.
Summary: In this episode, Chandler Reed shares his journey as an acquisition entrepreneur and how he acquired his first business through the ETA method. He discusses the importance of being a skilled salesman in project-based construction and the misconceptions around "get rich quick" schemes in the real estate world. Chandler provides insights into the challenges and opportunities he faced while turning around Get Green NOI, a company specializing in commercial lighting retrofit projects for multifamily properties. He also highlights the significance of understanding financials and the cyclical nature of the business. To learn more about Chandler's experiences and expertise, follow him on Twitter and visit the Get Green NOI website.
Key Takeaways:

• Chandler Reed emphasizes the importance of being a skilled salesman in project-based construction and highlights the need for strong sales abilities in the acquisition entrepreneurship field.
• Acquiring a business through the ETA method requires hard work and is not a "get rich quick" scheme. It involves understanding financials, making informed decisions, and planning for the future.
• Get Green NOI specializes in commercial lighting retrofit projects for large apartment complexes, helping clients reduce energy consumption and improve their properties.
• The turnaround process for Get Green NOI involved repositioning the company and expanding into other green energy verticals, despite initial challenges and the seller's focus on another venture.
• Chandler Reed emphasizes the cyclical nature of the business, with slower periods during the summer and holidays, and the importance of strategic planning and building strong client relationships.

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Contact Chandler on
Linkedin: https://www.linkedin.com/in/chandlerreed/
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