Ross Sklar's Entrepreneurial Journey: Building a Multi-Million Dollar Business

This article delves into the entrepreneurial journey of Ross Sklar, the founder of Starco Brands, a multi-million dollar business built through strategic acquisitions and a focus on talent.

• Sklar’s core belief is that building a successful business involves identifying and leveraging your strengths, in his case, acquiring and managing businesses.
• He prioritizes recruiting top talent to run the acquired companies, emphasizing the importance of a skilled team for success.
• The article details how Sklar has navigated the challenges of entrepreneurship and successfully acquired businesses.

Starco's M&A Strategy: Seizing Opportunities in Distressed Times

The article showcases Starco's strategic acquisitions approach, particularly during a challenging economic climate.

• Sklar emphasizes the potential of distressed times for growth, stating that those who wait and observe often miss out on opportunities.
• Starco's acquisitions of Art of Sport, Skylar, and Soylent are used as case studies to illustrate this strategy.
• The article highlights the acquisition rationale for each company, focusing on their market potential and unique selling propositions.

Building a Strong Foundation: From Acquisitions to Business Integration

The article focuses on Starco's post-acquisition integration strategy, showcasing the company's approach to leveraging the combined expertise and resources.

• Sklar highlights the importance of integrating the acquired companies into the broader Starco ecosystem.
• He emphasizes the sharing of resources, expertise, and ideas to enhance the overall growth potential.
• The article provides examples of how Starco's expertise in experiential marketing is being leveraged to benefit the acquired companies.

The Power of Stock: Funding Growth Through Decentralized Markets

This section delves into Starco's funding strategy and the role of the OTC market in the company's growth.

• The article explains the use of the OTC market, a decentralized stock market, to raise funds for acquisitions and growth.
• The use of the OTC market has allowed Starco to leverage its own stock to finance deals, showcasing a unique funding strategy.

Starco's Future: Building a Sustainable Business

The article concludes with a glimpse into Starco's future plans and aspirations.

• The article highlights Starco's ambition to transition to a senior exchange like Nasdaq or New York, indicating a future focus on growth and expansion.
• Sklar emphasizes the importance of patience and careful selection of opportunities for sustainable growth.
• The article showcases the strong investor interest in Starco Brands, with renowned venture capitalists like Andreessen Horowitz and Lightspeed Partners joining the company's shareholder list.