15: How Leslie Adams Scaled and Sold a Multi-Generational Scrap Metal Business

In this episode, Leslie Kraatz Adams shares the remarkable journey of scaling and exiting Federal Metals, a third-generation scrap metal business. Starting with deep family roots and evolving industry dynamics, Leslie transformed the company from a local scrapyard into a major regional player in Western Canada. She candidly discusses leadership challenges, navigating family dynamics, preparing for sale, and her pivot into health and wellness entrepreneurship with her new venture, At Work of Heart.

 

Key Takeaways

• Family dynamics require careful navigation during succession and sale
• Building to sell starts with solid operational foundations and leadership structure
• Industry shifts demand business model agility and innovation
• Emotional resilience is critical for founder wellbeing and decision-making
• Strong relationships and reputation can drive organic exit opportunities
• Certifications and social responsibility increase buyer appea
• Timing the exit strategically is as important as structuring the deal
• Post-exit identity clarity eases the transition into new ventures

Links & Resources

• Leslie Kraatz Adams

  • CWebsite: https://aworkofheart.ca
  • LinkedIn: https://www.linkedin.com/in/lesliekraatz/

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