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
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https://acquiringminds.co
Episodes
- 2024 / 9 / 5White-Collar Sisters Buy a Blue-Collar BusinessRegister here for the webinar, How Big a Business Should You Buy?https://bit.ly/4dPunmCWithout backgrounds in business, Julie & Janna Hottinger have grown the $2.1m trades business they bought last year...
- 2024 / 9 / 3Leaving Corporate to Buy a $4m ManufacturerAn engineer at heart, Mike Dey set his sights on buying a manufacturing business for the next stage of his career.Topics in Michael’s interview:Pivoting from aerospace engineering to business ownershipSelling...
- 2024 / 8 / 29Exited but Tired: 5 Years in a Hard BusinessRegister here for the webinar, Legal Office Hours: Common Legal Diligence Issueshttps://bit.ly/4dWmPxVAfter 5 years of owning a scale business, Matt Bauer & Chris Hartman were burning out. Fortunately they'd...
- 2024 / 8 / 26Young Couple Starts a Family Business By Buying OneRegister here for the webinar, Legal Office Hours: Common Legal Diligence Issueshttps://bit.ly/3ySUJ7RTopics in Meredith & Michael’s interview:Buying an employment screening companyThe seller staying on as an...
- 2024 / 8 / 22Investor Perspective on Self-Funded SearchRegister here for the webinar, Legal Office Hours: Common Legal Diligence Issueshttps://bit.ly/3YQP2lpNiklas James, Adam Borcz, and Tony Cappeart reflect on terms, risk & reward of the still-young self-funded...
- 2024 / 8 / 195 Businesses Acquired with a Long-Term Hold ModelRegister here for the webinar, Legal Office Hours: Common Legal Diligence Issueshttps://bit.ly/46OH4LNRyan Sullivan's group is buying businesses with investor capital, SBA loans & operating partners — but...
- 2024 / 8 / 15SBA Lender Roundtable: State of the Market3 top players in SBA lending to the searcher ecosystem discuss what they're seeing in the market as of summer 2024.Topics in SBA Lender Roundtable:Role of personal guarantee in SBA loanWhy valuations remain...
- 2024 / 8 / 12One Couple, 4 Kids, and a Business 3 Hours AwayGabe Perez sought a way out of corporate while Kristen sought a way back to working. Buying a $4m business offered both.Topics in Gabe and Kristen's interview:The role Acquiring Minds played in their...
- 2024 / 8 / 8After 4 Years of Part-Time Searching, SuccessWill Gano was rewarded for his persistence & vision when he bought an 8-figure, 125-year-old ingredients manufacturer.Topics in Will Gano’s interview:Getting experience in the food industryDoing outreach...
- 2024 / 8 / 5Buy Fast: A Good Reason to Buy SmallRob Carpenter was eager to start operating, so it only took 90 days to start searching then buy a $200k SDE business.Topics in Rob’s interview:His background in AI and software developmentHis desire for a...
- 2024 / 8 / 1Tangible & Collectible: Buying a Consumer Product CompanyYears after one venture ended in failure, Jeff Velker bought a $2.5m pen maker with a strong brand & devoted customers.Topics in Jeff’s interview:His experience as a franchiseeBankruptcy after the 2008...
- 2024 / 7 / 29White Collar Roll-Up from $700k to $12mJordan Evans left tech & bought a tiny, decades-old language services business. 6 years later, revenue is 17x larger.Topics in Jordan’s interview:Acquiring his parents’ language services businessSpending 2...
- 2024 / 7 / 25Reflections on 2 Years in the Knife FightRegister for the webinar:How (and Why) to Choose a Franchise as an Acquisition Entrepreneur - https://bit.ly/4fa3CKBBrett Kennedy has doubled & strengthened the sub-$1 million moving business he bought — but...
- 2024 / 7 / 22The Scrappy Path of a One-Man HoldcoRegister for the webinar:How (and Why) to Choose a Franchise as an Acquisition Entrepreneur - https://bit.ly/3WwZqNRWhen Dustin Carreon reached a ceiling in his first small business, he used the profits to...
- 2024 / 7 / 18Getting Reps: Helping Others Look at Deals Led to a HoldcoRegister for the webinars:Search Investor Roundtable: State of the Market - https://bit.ly/4cvUOwVOvercoming Common Deal Sticking Points - https://bit.ly/4cD9z17How (and Why) to Choose a Franchise as an...
- 2024 / 7 / 15Building a $10m EBITDA Leader in a Fragmented SpaceRegister for the webinars:Search Investor Roundtable: State of the Market - https://bit.ly/4cCMyuZOvercoming Common Deal Sticking Points - https://bit.ly/3LkCpr3How (and Why) to Choose a Franchise as an...
- 2024 / 7 / 11Buying & Growing a Business While Keeping a Day JobRegister for the webinars:SBA Lender Roundtable: State of the Market - https://bit.ly/4bydwTeDue Diligence Office Hours - https://bit.ly/3WbVpxTSearch Investor Roundtable: State of the Market -...
- 2024 / 7 / 8Buy as Search Fund, Keep as Long-Term OwnerRegister for the webinars:SBA Lender Roundtable: State of the Market - https://bit.ly/4eTZ8YnDue Diligence Office Hours - https://bit.ly/3WbAs6hSearch Investor Roundtable: State of the Market -...
- 2024 / 7 / 4It Really Happened: 100% Financing for an $8m BusinessRegister for the webinars:Thu July 11 - SBA Lender Roundtable: State of the Market - https://bit.ly/4eJqUXBFri July 12 - Due Diligence Office Hours - https://bit.ly/3VPQf9pWe caution against thinking you can...
- 2024 / 7 / 1Turning $500k into a $38m Holdco (No Investors)Register for the webinars:Thu July 11 - SMB Investor Roundtable - https://bit.ly/3XSdIcGFri July 12 - Due Diligence Office Hours - https://bit.ly/3W1zQA6Garrison Snell enjoyed a modest exit at age 24. By 30,...
- 2024 / 6 / 27Candid Reflections on 7 Years of SMB OwnershipRegister here for the webinar, How to Buy a Business & Hire an Operator at Oncehttps://bit.ly/3KJnYwg7 years ago Dan Verboski bought a sign business with $650k in earnings. He's doubled it, but ownership has...
- 2024 / 6 / 24Announcing: Minds CapitalRegister here for the webinar, How to Buy a Business & Hire an Operator at Oncehttps://bit.ly/3KH9RaSWill Smith has partnered with Niklas James & Max Lummis in a fund to invest in searcher & independent...
- 2024 / 6 / 20Why Work IN the Business You Buy (Not Just On It)Register here for the webinar, How to Buy a Business & Hire an Operator at Oncehttps://bit.ly/3Rto4Mc--Get Remediation Company CIM - Request the NDA to get the CIM of the Midwestern niche remediation...
- 2024 / 6 / 173x Revenue Despite Turnover, Hangovers & ThreatsRegister here for the webinar, How to Buy a Business & Hire an Operator at Oncehttps://bit.ly/3RuI018--Get Remediation Company CIM - Request the NDA to get the CIM of the Midwestern niche remediation...
- 2024 / 6 / 131 Business vs. Many: Deciding to Roll UpElliott Edge started as a searcher looking for a single business, then pivoted to a roll-up. He's 7 acquisitions in.Topics in Elliot’s interview:His philosophy on submitting LOI’sAcquiring a managed service...
- 2024 / 6 / 102 Welders and a Shop... to $3.8m in SalesRegister here for the webinar, The DO's & DON'Ts of the LOI (legal office hours)https://bit.ly/3VeWF1BMatt Pohl & his wife bought a small welding business with extreme key person risk. They 4x'd the business...
- 2024 / 6 / 6Buying a Bankrupt 117-Year-Old ManufacturerRegister here for the webinar, The DO's & DON'Ts of the LOI (legal office hours)https://bit.ly/3yCQaOwDespite having no experience in manufacturing, Jens Grudno jumped when he heard about a failing...
- 2024 / 6 / 3Rolling Up EBITDA and Rents with Auto Repair ShopsRegister here for the webinar, The DO's & DON'Ts of the LOI (legal office hours)https://bit.ly/4538koZStephen Quindlen & Paul Westhart have found powerful multipliers that could yield huge returns in an...
- 2024 / 5 / 303 Years Later, Climbing Out of the J CurveMatt Drndak bought a parts business with a plan to grow it. It worked — he's doubled earnings. But it's taken patience.Topics in Matt’s interview:Losing everything in the Great RecessionHis experience in...
- 2024 / 5 / 28From Midnight Deliveries to $28m Holdco (in 6 Years)Summary from Webflow: The first business Colin King bought was tiny & unpleasant but also the crucial first step to buying more & better ones.Topics in Colin’s interview:Finding his first business (and...
- 2024 / 5 / 23Finding a Great Business in Cow CountryCody Agee thought food testing would be a good recession-resistant business to buy. 2 weeks later, one listed for sale.Topics in Cody interview:Bypassing business schoolCashing out his 401(k) without using...
- 2024 / 5 / 20Art of the Roll-Up: 40 Businesses in 4 YearsJeff 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...
- 2024 / 5 / 16When a Restaurant Is a Great Business to BuyJarett Berke told his intermediary "no restaurants" but changed his tune when he saw what a great business Lou's was.Topics in Jarett’s interview:Finding a business through an accountantWhy restaurants are a...
- 2024 / 5 / 13Building a $10m Platform from 2 Low-SDE BusinessesScott Walton bought 2 barely-profitable blue collar companies, changed the culture, unlocked growth & hired a president.Topics in Scott’s interview:Acquiring with a partnerSolving their recruitment...
- 2024 / 5 / 9Holdco Origin Story: The Bumpy Road to $3m EBITDA4 acquisitions, 3 years after the first deal, and 2 dishonest sellers before Chandra Rao went full-time in his holdco.Topics in Chandra’s interview:Learning from due diligence mistakesLosing $300k in the...
- 2024 / 5 / 6The Allure of Buying a Marketplace BusinessZach Smith bought a 30-year-old membership business that connects patients with dentists to return it to former glory.Topics in Zach’s interview:His exit from UberDifficulty of starting a marketplace...
- 2024 / 5 / 2How an American Bought a Canadian BusinessMost first-timers shy away from buying across borders. Not Christi Loucks, whose Canadian acquisition did $550k of SDE.Topics in Christi’s interview:Buying a business for personal fulfillmentPainful broken...
- 2024 / 4 / 29Selling $100k of Dog Training… Per DayGet $200 off your ticket to the M&A Launchpad Conference in Houston on May 11th:https://www.malaunchpad.com & enter code ACQUIRINGMINDSGarth Fasano searched part time for 5 years before finding a target with...
- 2024 / 4 / 25Rolling-Up to $15m EBITDARobert Graham & Aaron Blick's first acquisition did $1.2m SDE. Four years later, their roll-up generates $15m in EBITDA.Topics in Robert & Aaron’s interview:Going from lifelong friends to business...
- 2024 / 4 / 22The Double Life of Owning a Business 2.5 Hours AwayGet $200 off your ticket to the M&A Launchpad Conference in Houston on May 11th:https://www.malaunchpad.com & enter code ACQUIRINGMINDSJohn Murphy pushed through divorce, $500k debt, and a bad broken deal to...
- 2024 / 4 / 18The Gritty, High-Capex Road to MillionsReid Tileston bought a business that relied on $800k trucks, capex he came to love for the fat margins they produced.Topics in Reid’s interview:Working on the business instead of in itWriting a book about...
- 2024 / 4 / 15Watching Warren: How to Build a Mini-BerkshireGet $200 off your ticket to the M&A Launchpad Conference in Houston on May 11th:https://www.malaunchpad.com & enter code ACQUIRINGMINDSRafael Quinn shares the story & principles behind buying 3 businesses in...
- 2024 / 4 / 11Getting Unstuck by Buying a BusinessThe construction services business Christian Bateson bought will do $7.5m in 2024. It also rescued him from the depths.Topics in Christian’s interview:His front row seat to the 2008 financial crisisQualities...
- 2024 / 4 / 8Buy & Build a Trash Business to a $4.4m ExitGet $200 off your ticket to the M&A Launchpad Conference in Houston on May 11th:https://www.malaunchpad.com & enter code ACQUIRINGMINDSPatrick Norris bought a small trash business doing $625k. Five years...
- 2024 / 4 / 4Roofing + Florida = Path to $100mOnly after Matt Jackson bought a roofing business in the hurricane state did he realize just how big the opportunity is.Topics in Matt’s interview:His experience with AcquiraKeeping the seller as an...
- 2024 / 4 / 1Rather Than Retire, Buy a BusinessGet $200 off your ticket to the M&A Launchpad Conference in Houston on May 11th:https://www.malaunchpad.com & enter code ACQUIRINGMINDSAt age 63, Maurice Thomas wasn't ready to retire, so he bought an...
- 2024 / 3 / 28$700k EBITDA with No SBA, No Money DownHow Andrew Stordeur bought a 25-year-old furniture manufacturer in Alberta without having to use any of his own capital.Topics in Andrew’s interview:Taking a startup to an IPOCompetition in the wood furniture...
- 2024 / 3 / 25The Birth of a Roll-UpRegister here for the webinar, Working Capital 101https://bit.ly/3IGEZWQGet $200 off your ticket to the M&A Launchpad Conference in Houston on May 11th:https://www.malaunchpad.com & enter code...
- 2024 / 3 / 21How to Identify & Buy a Great Residential ContractorRegister here for the webinar, Working Capital 101https://bit.ly/3veZaYPAlan Lochridge left a career in consulting to buy a 20-year-old $5.5m hardscaping contractor with strong fundamentals.Topics in Alan’s...
- 2024 / 3 / 18Reward for a Brutal Transition: $760k EBITDA on 3 Hours/WeekRegister here for the webinar, Working Capital 101https://bit.ly/3IFObuBGet $200 off your ticket to the M&A Launchpad Conference in Houston on May 11th:https://www.malaunchpad.com & enter code...