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Acquiring Minds
Description

Buying a business is an amazing path for many successful entrepreneurs. Learn how to buy a business from the entrepreneurs who have already done it. 2x per week: stories, insights, & valuable advice about acquisition entrepreneurship. Hosted by Will Smith, who is on his own path to acquire a business. Also on YouTube: https://www.youtube.com/@AcquiringMinds Sign up for episode summaries at: https://acquiringminds.co

Episodes
  • 2026 / 11 / 5
    Growing a GC from $1m to $14m, Remotely

    Jason Leisey bought a two-truck federal contractor in Las Vegas from New Jersey, two months before COVID hit.Register for the webinar: Franchisor Diligence 101 for Searchers - TODAY!! -...

  • 2026 / 11 / 2
    When the Business Is Just You: A $650k Garage Biz

    Marco Hsu took over a Porsche upgrade maker run by one person, and now faces the same limits its founder did.Register for the webinar: Franchisor Diligence 101 for Searchers - Thu Nov 5 -...

  • 2026 / 10 / 29
    Run It for 6 Months Before You Buy It

    Jeff Thompson took over an unprofitable elevator company as GM, with a pre-agreed right to buy it in pieces.Topics in Jeff’s interview:Why elevator companies attract private equityTurning operational chaos...

  • 2026 / 10 / 26
    Zero to One, Then 1 to 4 by Acquisition

    Rahib Diwan started a short-term rental company, then bought another one 3x its size without having to use more cash.Topics in Rahib interview:From healthcare to short-term rentalsBuilding the business from...

  • 2026 / 10 / 22
    Buying a 138-Year-Old Navy Bell Maker

    Jon Hyatt was under LOI on a dental practice when a late-night Craigslist search turned up one he couldn't resist.Register for the webinar: Structuring LOIs: Competitive Enough to Win, Bankable Enough to...

  • 2026 / 10 / 19
    Take Over the Business Before You Buy It

    Elias Youssef stepped into an unprofitable plumbing company as its GM, grew it 6x, then got an SBA loan to buy it.Register for the webinar: Structuring LOIs: Competitive Enough to Win, Bankable Enough to...

  • 2026 / 10 / 15
    Buying a 1-Product Business, Building It to a Big Exit

    Jay Boren bought a tiny grease tool business run out of a living room, then grew it into a brand with 250 products.Register for the webinar:The Small Things That Sink First-Year Owners - TODAY!! -...

  • 2026 / 10 / 12
    Side Hustle Acquisition to $5m in Revenue

    Brendan Guerin was 21 when he and 3 friends bought a dog daycare on the side. Today: 6 Midwest locations.Register for the webinars: Debt Financing Your Deal (SBA & Independent Sponsor) - TOMORROW!! -...

  • 2026 / 10 / 8
    The Roll-Up with No Investors & No Clock

    Tyler Hoffman has bought 4 telecom companies with no outside equity, and works 15 hours a week to get to $50m.Topics in Tyler’s interview:Lessons from being fired repeatedlyFinding and acquiring Metro...

  • 2026 / 10 / 5
    $33m Holdco: Teddy Bears to Insurance Claims

    Colin King and his 50/50 partner have paid themselves little since 2018, reinvesting profits back into their businesses. Topics in Colin’s interview:Growing Circle City Capital’s business portfolioDon’t call...

  • 2026 / 10 / 1
    The $150k Hiding in the Business He Bought

    Patrick Dunphy acquired a low-seven-figure interpreter agency, then halved its collection times in year one.Topics in Patrick’s interview:From Army aviation to business ownershipWhy Patrick chose ownership...

  • 2026 / 9 / 28
    How to Buy a $2.1m Business Without the SBA

    Jack Rauch left politics for a niche Florida business no bank would finance. He's doubled revenue twice since.Register for the webinar: Sizing an SBA Loan to the Cash Flow - TOMORROW!! -...

  • 2026 / 9 / 24
    Buying a $7.3m Golf Course with No Money Down

    Kyle Holmes spent 8 years running Quail Ridge for its investor owners. Then they asked if he wanted to buy it.Register for the webinars:Protect the Business: How to Diligence Insurance Pre-Close - TODAY!! -...

  • 2026 / 9 / 21
    Buying a $12.5m Contractor to Create 1,000 Jobs

    Manolo Diaz Corrada came home to Puerto Rico to build for decades and keep the wealth from leaving the island.Register for the webinars: Working Capital: What Buyers Need to Know Before Closing - TOMORROW!! -...

  • 2026 / 9 / 17
    Losing a $1m SDE Business to Bankruptcy

    Morli Desai bought an e-commerce brand with an SBA loan. Three years later: liquidation, Chapter 11, and gratitude.Register for the webinars:Equity Financing: From SBA Deals to Independent Sponsors - TODAY!!...

  • 2026 / 9 / 14
    $340k to $1.3m of Earnings in 14 Months

    Rob Brooks bought a $1.9m Sarasota HVAC shop, then ignored the advice to wait 90 days before changing it.Register for the webinar: Equity Financing: From SBA Deals to Independent Sponsors - Thu, Sep 17 -...

  • 2026 / 9 / 10
    Buy a Business with Your Tax Bill

    Adam Whelchel paid himself instead of the IRS, putting $35k down on an escape room doing $365k with room to grow.Register for the webinar: The Deal I Almost Bought (And Why I Passed) - TODAY!! -...

  • 2026 / 9 / 7
    First-Timer Buys a $15m Business in Distress

    Mike Bourgeois bought an HVAC company bleeding $3m a year, all cash and no SBA, then cut $1.4m of costs in 2 weeks.Register for the webinar: The Deal I Almost Bought (And Why I Passed) - Thu, Sep 10 -...

  • 2026 / 9 / 3
    An Engineer's Mini Berkshire: 2 Auto Shops in 1 Year

    Sujith Shankar left 25 years in corporate to buy cash-flowing businesses: a $1.2m repair shop and a $2m body shop.Topics in Sujith interview:How Rivian layoffs changed everythingFalling down the Warren...

  • 2026 / 8 / 31
    Right-Tail Outcome for a Husband & Wife Search Fund

    Courtney and Jonathan Dunn bought a fast-growing SaaS at 3-4x ARR, doubled it, then merged for a life-changing exit.Register for the webinar: Architecture of an Entrepreneurial Roll-Up - TOMORROW!! -...

  • 2026 / 8 / 27
    The Ferrari of Signage: $9.5m Pipeline in 6 Months

    Andrew Sova and Alex Clark revived sales at a 40-year-old sign manufacturer, the first acquisition of their holdco.Register for the webinars:New SBA Rules: What Business Buyers Need to Know - TODAY!! -...

  • 2026 / 8 / 24
    40 Schools to 130: The Roll-Up 2 Years Later

    Jeff Homer returns with an update: revenue past $100m, a new dance division, and 50% growth expected this year. Register for the webinars:Licenses & Regulatory Issues When Buying a Business - TOMORROW! -...

  • 2026 / 8 / 20
    From $700k Purgatory to $3m: A Mosquito Joe Update

    Neil Finneran returns 3 years after buying a business so small it barely paid him a salary — now on pace for $800k.Register for the webinars: Learn to Avoid the #1 Reason Acquisitions Fail - TODAY!! -...

  • 2026 / 8 / 17
    3 Years, $80k In: An Honest Update

    Jesse Sunquist put a GM in charge and stepped back to 5 hours a week — proud of the experience, restless about the outcome.Register for the webinar: Learn to Avoid the #1 Reason Acquisitions Fail - Thu, Aug...

  • 2026 / 8 / 13
    $400k Profit Fixing Church Pews

    Greyson Boerner traded startup life for a 28-year-old niche business — now on pace to grow revenue 50% in year one.Register for the webinar:Learn to Avoid the #1 Reason Acquisitions Fail - TODAY!! -...

  • 2026 / 8 / 10
    Surviving a 2-Month Revenue Freeze in Year 1

    Chibunna Chimezie's seller left $15k in the account. His post-acquisition liquidity is the only reason he made it. Register for the webinar:Learn to Avoid the #1 Reason Acquisitions Fail - Thu, Aug 13 -...

  • 2026 / 8 / 6
    Second-Time CEO Buys a $30m Title Company

    Randy Rempp turned around a $17m insurance business as a rookie CEO, then used that track record to raise a search fund. Register for the webinar: The 3 Paths to Franchising for Acquisition Entrepreneurs -...

  • 2026 / 8 / 3
    Acquiring Isn't Always a One-Way Door

    Gabriel Cruz Avila bought a $1.4M remodeling business, weathered a divorce and burnout, then sold it two years later. Register for the webinar: The 3 Paths to Franchising for Acquisition Entrepreneurs - Thu,...

  • 2026 / 7 / 30
    How 1 SBA Loan Brought Down 2 Businesses

    Edgar Galindo and his partner bought 2 businesses with SBA loans. Now he's facing the consequences of shuttering both.Topics in Edgar’s interview:Construction background in his family business“Google-funded...

  • 2026 / 7 / 27
    60% Concentration That Killed an Exit

    Raj Mahajan bought a salon software business, tripled it to $11M ARR. Then his biggest customer launched a competitor.Register for the webinar:Tax Issues: Entity and Deal Structuring - TOMORROW!! -...

  • 2026 / 7 / 23
    Product-Market Fit in the Trades: 4x in 2.5 Years

    Patrick Beal left tech to buy an HVAC business with 90% seller financing, no SBA. He's on track to hit $3.5m this year. Register for the webinar: Working Capital: One of ETA’s Most Expensive Mistakes -...

  • 2026 / 7 / 20
    No SBA, No Investors: The Liquidity Access Line

    Brian Jungles bought a $400k direct mail business in Atlanta and skipped SBA by pledging his portfolio as collateral.Register for the webinars:Don't Rush: How to Prepare for a Quality of Earnings Report -...

  • 2026 / 7 / 16
    Acquiring a $7m Niche Marketing Agency with 50 Employees

    Rob Belk networked his way to "the most caffeinated guy in town" searching for a local business — then found it online. Register for the webinars:From Working IN the Business to ON the Business: How Owners...

  • 2026 / 7 / 13
    Escaping the J-Curve in a $700k SDE Ecom Business

    Chris Farkas endured a 7-week fetal position moment when he finally found a website bug that had cost him $500k in sales.Register for the webinar:From Working IN the Business to ON the Business: How Owners...

  • 2026 / 7 / 9
    Never Worked Harder, Never Been Happier

    After 25 years in corporate, Gina Rosen bought a jewelry wholesaling business with $635k in sales — now on track to $1m.Register for the webinar: Finance Essentials Before You Close - TODAY!! -...

  • 2026 / 7 / 6
    Career Consultant Who Bought a 7-Figure Manufacturer

    Buying a metal fabricator with $1m in earnings pivoted Paul Callahan into the new entrepreneurial chapter of his career.Register for the webinar: Finance Essentials Before You Close - Thu, Jul 9 -...

  • 2026 / 7 / 2
    (replay)Art of the Roll-Up: 40 Businesses in 4 Years

    Jeff Homer bought a small local music school as a fun side hustle. It turned out to be the opportunity of a lifetime.Topics in Jeff interview:Switching from high finance to music schoolsBuying his first music...

  • 2026 / 7 / 2
    (replay) Art of the Roll-Up: 40 Businesses in 4 Years

    Jeff Homer bought a small local music school as a fun side hustle. It turned out to be the opportunity of a lifetime.Topics in Jeff interview:Switching from high finance to music schoolsBuying his first music...

  • 2026 / 6 / 29
    Growing a $5m Metal Business 40% in Year 1

    Caleb Standafer believed in manufacturing and wanted to spend his career there. A multi-year pivot and ETA got him in.Topics in Caleb’s interview:Moving from tech to manufacturingManufacturing is important...

  • 2026 / 6 / 25
    How to 4x EBITDA in 3 Years Without Growing Sales

    Ned Tomasevic navigated an early crisis then grew EBITDA to $6m and exited at over 8x, four turns higher than he'd paid.Register for the webinar: Transferable Skills: Crafting Your Resume for SBA Lenders -...

  • 2026 / 6 / 22
    Leaving $700s/Yr to Buy an Underperforming Printing Business

    Dominick Smith left a lucrative track in PE to pursue a path that offered more meaning. Buying a business has delivered.Register for the webinars: Overcoming Common Deal Sticking Points - TOMORROW!! -...

  • 2026 / 6 / 18
    From Software to Concrete Cutting (and $1.4m of SDE)

    When the owner refused a seller note in the $6m transaction to sell his business, Tom McCormick had to get creative.Register for the webinar: Understanding a Quality of Earnings Analysis: What's Included and...

  • 2026 / 6 / 15
    Good Bones: Saving a $3m Business in Decline

    Despite his love of operations, Himmat Singh intended to own his acquisition passively. Then the lead sales guy quit.Register for the webinar: Understanding a Quality of Earnings Analysis: What's Included and...

  • 2026 / 6 / 11
    How to Buy a $20m Business as a First-Timer

    When Alan Turkus found a business with a mission, he knew he'd found the right fit for the final chapter of his career.Topics in Alan’s interview:Background in book publishingPost-MBA career in techTaking a...

  • 2026 / 6 / 8
    How to De-Risk the Personal Guarantee

    Brendan Burdette and Ryan Conner have launched personal guarantee insurance to enable more — and stronger — SBA buyers.Register for the webinar: Score It or Skip It: A Framework for Fast Deal Evaluation -...

  • 2026 / 6 / 4
    The Origin Story of a Compounder ($80m and Counting)

    Greg Shapiro & Zach Cooper-Vastola are building a long-term, compounding business they see as the anti-PE of the trades. Register for the webinar:Franchising for the ETA Buyer: Resales, Roll-Ups, and Real...

  • 2026 / 6 / 1
    Started as SBA Searcher, Built to a PE Fund

    The first business Joe Wechsler bought had $280k of SDE. Seven years later, he runs a fund with $50m of buying power.Register for the webinar: Franchising for the ETA Buyer: Resales, Roll-Ups, and Real Deals...

  • 2026 / 5 / 28
    Buying $1.5m of Earnings Without an SBA Loan

    As a South African in the US, Justus Luttig had to get creative to search then buy 2 trades businesses at the same time.Register for the webinar: New $10m Limit for SBA Loans: What You Need to Know - TODAY!!...

  • 2026 / 5 / 25
    The Magic of Low Multiple + Growth

    David Graf went after a business that had sat on the market, acquiring $750k of EBITDA for 2.7x. It's going well.Register for the webinars: Negotiating Working Capital in SMB Acquisitions - TOMORROW!! -...

  • 2026 / 5 / 21
    Rolling Up an Industry with 1.5x Multiples

    Truc Nguyen has acquired 2 nail salons, an overlooked but fragmented industry where businesses trade at low multiples.Register for the webinar:Negotiating Working Capital in SMB Acquisitions - Tue, May 26 -...