In this episode, Alvin Pyke shares the story of how he raised 25 million dollars to buy a screw piling business because he had a vision about how to grow the company from 10 to 50 million dollars in revenue.
He also shares his early experiences with business, the transition from engineering to entrepreneurship, and the perseverance he demonstrated to get this acquisition done.
Throughout you’ll hear about Alvin’s emphasis on being patient, getting the right advice and how to be innovative when nobody believes you can.
Key Takeaways
Alvin's passion for building things started at a young age when he set up a fruit stand so he could buy his first motorcycleAlvin had a vision that he did not waiver from as he moved forward to get the financing he needed to acquire Peaceland PilingRaising capital required strategic planning and persistenceSurrounding oneself with the right people is crucial for successOperational challenges included navigating complex share structureThe acquisition transformed Peaceland Piling into a leading EPCMAchieving $50 million in revenue was a significant milestone within 3 yearsAlvin's journey exemplifies the power of dreaming big and the entrepreneurial spiritExecutive Wins - https://executivewins.comNewsletter - https://executivewins.com/newsletterExecutive Wins Workshop - https://executivewins.com/workshopsLinkedIn - https://www.linkedin.com/in/gordonsheppard/