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Simon Henry: Building a $100M business ASX:DGL, CEO, Regrets, and Capital Allocation | ValueHunt #39
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Simon Henry: Building a $100M business ASX:DGL, CEO, Regrets, and Capital Allocation | ValueHunt #39

Ever wondered what it takes to build a multi-million-dollar business and sustain 20% annual growth for over two decades?

In this 1-hour conversation with Simon Henry, CEO and founder of DGL Group (ASX:DGL), we dive into his journey, business strategy, market outlook, and vision for the future. Simon shares insights on overcoming challenges, integrating acquisitions, fostering a strong company culture, and advice for young entrepreneurs.

If you're an investor, business leader, or aspiring entrepreneur, this is a must-watch for actionable insights and inspiration!

Connect with me :)

Linkedin - https://www.linkedin.com/in/david-barbato/

Twitter - https://twitter.com/ghrxcutvjb

Substack - https://valuehunt1.substack.com

Spotify - https://open.spotify.com/show/7jWVlCZo9fRlIMf8W1zgD2?si=212493dfde8a4743

Time Stamps:

00:00 Intro

01:43 Culture

02:53 Current Bottlenecks

04:23 Integration of Acquisitions

06:00 Competition

08:40 Becoming Faster and Better

10:20 Silver Bullet

12:15 Acquisitions

14:38 What if DGL stopped working

17:00 C-Suit Turnover

19:40 Motivation and Long Term Vision

21:05 Capital Allocation

24:30 Operations and MainFreight

26:22 Incentives

27:40 Cost Increases

28:30 Recent Results

30:40 Regret Acquisitions?

31:50 Destination for DGL

32:40 Making It

34:11 Biggest Opportunities and Risks

35:40 Childhood

39:30 Working Too Hard

40:50 Why Chemicals? Why DGL?

42:05 How does it feel to be a millionaire?

45:30 Rollercoaster - 20% p.a

46:03 Adversity

46:50 Regrets

48:00 Advice for Young Ambitious People

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