
About this episode
Raj Mahajan bought a salon software business, tripled it to $11M ARR. Then his biggest customer launched a competitor.
Register for the webinar:
- Tax Issues: Entity and Deal Structuring - TOMORROW!! - https://bit.ly/4frQstm
Topics in Raj’s interview:
- Wanting to move “from coach to quarterback”
- Buying a niche point-of-sale software company
- Converting to cloud-based SaaS
- Growing recurring revenue from $4 to $11 million
- Establishing a headquarters for the remote company
- A failed exit to private equity
- His biggest customer stealing his software
- Emotional turmoil of Covid + lawsuit
- Choosing to protect his team
- Lessons learned from good and bad years
References and how to contact Raj:
The ecosystem for serious acquisition entrepreneurs—education, capital, community, and post-close support to buy and grow a business:
Get a complimentary IT audit for acquisition diligence or post-close transition.
- Visit inzotechnologies.com/eta.
Get a free review of your books & financial ops from System Six (a $500 value):
- Book a call with Tim or [email protected] and mention Acquiring Minds
Connect with Acquiring Minds:
- See past + future interviews on the YouTube channel
- Connect with host Will Smith on LinkedIn
- Follow Will on Twitter
Edited by Anton Rohozov and produced by Pam Cameron
Get every episode summarized
Each time Acquiring Minds publishes, we email you a written briefing from the transcript — the topics, who appeared, and any specific claims, with the ad reads skipped.
Email me new episodesFree for 3 shows. No card needed.
Hosts & guests
No transcript yet
This episode has not been transcribed. Request it and it moves to the front of the queue.
More episodes
More from Acquiring Minds

Buy a Business with Your Tax Bill
Acquiring Minds

First-Timer Buys a $15m Business in Distress
Acquiring Minds

An Engineer's Mini Berkshire: 2 Auto Shops in 1 Year
Acquiring Minds

Right-Tail Outcome for a Husband & Wife Search Fund
Acquiring Minds