Episode 49: From Installations to Acquisitions with Kip Northrup, Owner, Blue Thumb
In this week’s episode, we speak with Kip Northrup of Blue Thumb Water Features. The self-professed “Fish Geek” has turned his water feature installation company into a national wholesaler. Kip shares his tips on how mergers and acquisitions helped grow their small aquarium cleaning company to a network of dealers for water features throughout the U.S.
Since 2005, Blue Thumb has been through multiple challenging financial situations between the 2008 recession and the 2020 Covid-19 Pandemic. Through each challenge, his team utilized its tools and grew stronger than before.
At the end of the 2020 Pandemic, Blue Thumb had explosive growth, with sales nearly doubling by the end of the year. Kip says, “Our success is due to good decisions. Good decisions need to be made on a daily basis. Some are small, and some are big, but be consistent. Being consistent with these good decisions means you will continue to grow and prosper.”
Kip is a proud graduate of Eastern Michigan University with a focus on International Business. He and his family reside in Saginaw, MI. His company, Blue Thumb, is headquartered in Saginaw, MI.
Connect with Kip: https://www.linkedin.com/in/kipnorthrup/