Jacobs: QXO can reach $50B in revenue through acquisitions and organic growth
Brad Jacobs · Brad Jacobs: How To Build a Billion Dollar Company · Mar 19, 2024 · at 59:54
Serial entrepreneur Brad Jacobs explains his strategic growth target and market opportunity for his building products distribution company, QXO.
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“There are, there's eight hundred billion dollars of distributors in Western Europe and in North America, which is where I want to plant my flag. I want to build a company that's called fifty billion dollars. I can do that. If there's an eight hundred billion dollar size, I can take six percent of that through acquisition and through organic growth. I can get to fifty billion dollars. There's many other industries that are nice, but I'm not gonna be able to get fifty billion dollars. I want to get fifty billion dollars. So this industry, there's a clear path of how I can do that.”
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