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Acquiring Minds

Entrepreneurship

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

Location:

United States

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

Language:

English


Episodes
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Why Sell to Private Equity: Former Guest Has an Exit

10/3/2024
Register for the webinars: Which Business Should You Buy? Taylor Wallace & Tyler O'Connor return to discuss selling to private equity & the painful reality of managing people. Topics in Taylor’s interview: References and how to contact Taylor: TwitterLinkedInBuying Doggy Daycares After 10 Years in TechTopics in Tyler’s interview: References and how to contact Tyler: Using $100k to Buy a 7-Figure Dream BusinessSMBootcampBird Golf AcademyGet $200 off your ticket to the M&A Launchpad Conference in Chicago on October 26th: https://www.malaunchpad.comWork with an SBA broker who focuses exclusively on helping entrepreneurs buy businesses: Matthias Smith of Pioneer Capital AdvisoryGet a free review of your books & financial ops from System Six (a $500 value): Book a call with Timemail hello@systemsix.comConnect with Acquiring Minds: YouTube channelWill Smith on LinkedInWill on Twitter

Duration:01:29:57

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Turning Around a Blue Collar Business in Decline

9/30/2024
George Tibil & Keith Fields bought a $1.1m janitorial business with falling revenues. 9 months later, sales are up 60%. Topics in George and Keith’s interview: References and how to contact George and Keith: ServiceMaster Clean BuffaloGeorge Tibil LinkedInGeorge Tibil TwitterKeith Fields on LinkedInGet a complementary pre-acquisition HR & PEO review for your target business: mark@aspenhr.comvisit Aspen HRLearn more about Walker Deibel's done-with-you buy-side advisory: The Acquisition LabGet complimentary due diligence on your acquisition's insurance & benefits program: Oberle Risk Strategies - Search Fund TeamConnect with Acquiring Minds: YouTube channelWill Smith on LinkedInWill on Twitter

Duration:01:40:25

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When the Business Can't Be Saved: Resilience

9/26/2024
Register for the webinars: Legal Office Hours (Deal Structure & Its Tax Implications) How to Hire an Operator to Replace YourselfDustin Fusillo bought a struggling ATM parts & services business. Unhappily, the decline continued under his ownership. Topics in Dustin’s interview: References and how to contact Dustin: LinkedInTwitterGet complimentary due diligence on your acquisition's insurance & benefits program: Oberle Risk Strategies - Search Fund TeamGet a free review of your books & financial ops from System Six (a $500 value): Book a call with Timemail hello@systemsix.comGet $200 off your ticket to the M&A Launchpad Conference in Chicago on October 26th: https://www.malaunchpad.comConnect with Acquiring Minds: YouTube channelWill Smith on LinkedInWill on Twitter

Duration:01:18:36

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The Appeal of Franchise Buying: $1m EBITDA in 2 Years

9/23/2024
Register for the webinars: Legal Office Hours (Deal Structure & Its Tax Implications) How to Hire an Operator to Replace Yourself Corey Robinson bought 4 locations in the legacy franchise Batteries Plus. He quickly bought 8 more, growing to $10m/yr. Topics in Corey interview: References and how to contact Corey: How (and Why) to Choose a Franchise as an Acquisition EntrepreneurLinkedInInstagramBatteries PlusBrian Beers Acquiring Minds interviewWork with an SBA broker who focuses exclusively on helping entrepreneurs buy businesses: Matthias Smith of Pioneer Capital AdvisoryGet a complementary pre-acquisition HR & PEO review for your target business: mark@aspenhr.comvisit Aspen HRLearn more about Walker Deibel's done-with-you buy-side advisory: The Acquisition LabConnect with Acquiring Minds: YouTube channelWill Smith on LinkedInWill on Twitter

Duration:01:56:03

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One Year Into a Garage Door Business with $350k SDE

9/19/2024
Register for the webinars: Due Diligence Office Hours How Much to Budget for a Self-Funded Search Legal Office Hours (Deal Structure & Its Tax Implications) How to Hire an Operator to Replace YourselfIt was a revelation when Brittney Orellano heard about buying businesses. 6 months later, she'd done it herself. Topics in Brittney’s interview: References and how to contact Brittney: LinkedInTommy MelloCodie SanchezLearn more about Walker Deibel's done-with-you buy-side advisory: The Acquisition LabGet a complementary pre-acquisition HR & PEO review for your target business: mark@aspenhr.comvisit Aspen HRWork with an SBA broker who focuses exclusively on helping entrepreneurs buy businesses: Matthias Smith of Pioneer Capital AdvisoryConnect with Acquiring Minds: YouTube channelWill Smith on LinkedInWill on Twitter

Duration:01:18:34

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Buying the Neighborhood Nursery (with $800k in Earnings)

9/16/2024
Register for the webinars: Due Diligence Office Hours How Much to Budget for a Self-Funded Search Legal Office Hours (Deal Structure & Its Tax Implications) How to Hire an Operator to Replace YourselfRory Tyer bought the nursery where he'd been a loyal customer. Today it generates not just cash for him, but peace. Topics in Rory’s interview: References and how to contact Rory: TwitterLinkedInSouth Pleasantburg NurseryGet a free review of your books & financial ops from System Six (a $500 value): Book a call with Timemail hello@systemsix.comGet $200 off your ticket to the M&A Launchpad Conference in Chicago on October 26th: https://www.malaunchpad.comGet complimentary due diligence on your acquisition's insurance & benefits program: Oberle Risk Strategies - Search Fund TeamConnect with Acquiring Minds: YouTube channelWill Smith on LinkedInWill on Twitter

Duration:01:32:39

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Control & Family: Drivers of a Self-Funded Search

9/12/2024
Register for the webinars: How Big a Business Should You Buy? Due Diligence Office Hours How Much to Budget for a Self-Funded SearchAcquiring a $2.5m pallet manufacturer was Michael Kelker's first step to building a legacy business for his family. Topics in Michael’s interview: References and how to contact Michael: LinkedInGBR RiverdaleGet $200 off your ticket to the M&A Launchpad Conference in Chicago on October 26th: https://www.malaunchpad.comGet a free review of your books & financial ops from System Six (a $500 value): Book a call with Timemail hello@systemsix.comWork with an SBA broker who focuses exclusively on helping entrepreneurs buy businesses: Matthias Smith of Pioneer Capital AdvisoryConnect with Acquiring Minds: YouTube channelWill Smith on LinkedInWill on Twitter

Duration:01:25:55

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Building a Portfolio of Nostalgia Restaurants

9/9/2024
Register here for the webinar, How Big a Business Should You Buy? https://bit.ly/4cSC6is Topics in Jackson’s interview: References and how to contact Jackson: Cowboy GroupTwitterLinkedInPizza by the SeaCowgirl KitchenGet a complementary pre-acquisition HR & PEO review for your target business: mark@aspenhr.comvisit Aspen HRLearn more about Walker Deibel's done-with-you buy-side advisory: The Acquisition LabGet complimentary due diligence on your acquisition's insurance & benefits program: Oberle Risk Strategies - Search Fund TeamConnect with Acquiring Minds: YouTube channelWill Smith on LinkedInWill on Twitter

Duration:01:31:08

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White-Collar Sisters Buy a Blue-Collar Business

9/5/2024
Register here for the webinar, How Big a Business Should You Buy? https://bit.ly/4dPunmC Without backgrounds in business, Julie & Janna Hottinger have grown the $2.1m trades business they bought last year 50%. Topics in Julie and Janna’s interview: References and how to contact Julie and Janna: Janna’s LinkedInJanna TwitterJulie’s LinkedInJulie TwitterSignature WoodworkingGet complimentary due diligence on your acquisition's insurance & benefits program: Oberle Risk Strategies - Search Fund TeamGet a complementary pre-acquisition HR & PEO review for your target business: mark@aspenhr.comvisit Aspen HRLearn more about Walker Deibel's done-with-you buy-side advisory: The Acquisition LabConnect with Acquiring Minds: YouTube channelWill Smith on LinkedInWill on Twitter

Duration:01:19:15

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Leaving Corporate to Buy a $4m Manufacturer

9/3/2024
An 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: References and how to contact Michael: LinkedInTwitterAmerican Spray TechnologiesWork with an SBA broker who focuses exclusively on helping entrepreneurs buy businesses: Matthias Smith of Pioneer Capital AdvisoryGet $200 off your ticket to the M&A Launchpad Conference in Chicago on October 26th: https://www.malaunchpad.comGet a free review of your books & financial ops from System Six (a $500 value): Book a call with Timemail hello@systemsix.comConnect with Acquiring Minds: YouTube channelWill Smith on LinkedInWill on Twitter

Duration:01:47:03

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Exited but Tired: 5 Years in a Hard Business

8/29/2024
Register here for the webinar, Legal Office Hours: Common Legal Diligence Issues https://bit.ly/4dWmPxV After 5 years of owning a scale business, Matt Bauer & Chris Hartman were burning out. Fortunately they'd created value. Topics in Matt and Chris’s interview: References and how to contact Matt and Chris: Matt Bauer LinkedInChris Hartman LinkedInChris Hartman Twitter12 South Capital Partners ----- SPONSORS ----- Get a complementary pre-acquisition HR & PEO review for your target business: mark@aspenhr.comvisit Aspen HRLearn more about Walker Deibel's done-with-you buy-side advisory: The Acquisition LabGet complimentary due diligence on your acquisition's insurance & benefits program: Oberle Risk Strategies - Search Fund Team ----- Connect with Acquiring Minds ----- YouTube channelWill Smith on LinkedInWill on Twitter

Duration:01:33:53

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Young Couple Starts a Family Business By Buying One

8/26/2024
Register here for the webinar, Legal Office Hours: Common Legal Diligence Issues https://bit.ly/3ySUJ7R Topics in Meredith & Michael’s interview: References and how to contact Meredith & Michael: Meredith LinkedInMichael LinkedInMeredith TwitterMichael TwitterBackgroundConnect ----- SPONSORS ----- Get a free review of your books & financial ops from System Six (a $500 value): Book a call with Timemail hello@systemsix.comGet $200 off your ticket to the M&A Launchpad Conference in Chicago on October 26th: M&A Launchpad ConferenceWork with an SBA broker who focuses exclusively on helping entrepreneurs buy businesses: Matthias Smith of Pioneer Capital Advisory ----- Connect with Acquiring Minds ----- YouTube channelWill Smith on LinkedInWill on Twitter

Duration:01:20:04

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Investor Perspective on Self-Funded Search

8/22/2024
Register here for the webinar, Legal Office Hours: Common Legal Diligence Issues https://bit.ly/3YQP2lp Niklas James, Adam Borcz, and Tony Cappeart reflect on terms, risk & reward of the still-young self-funded search model. Topics in Search Investor Roundtable: References and how to contact panelists: LinkedInLinkedInLinkedInAdam Borcz’s Acquiring Minds interviewNiklas James’s Acquiring Minds interviewWork with an SBA broker who focuses exclusively on helping entrepreneurs buy businesses: Matthias Smith of Pioneer Capital AdvisoryGet complimentary due diligence on your acquisition's insurance & benefits program: Oberle Risk Strategies - Search Fund TeamConnect with Acquiring Minds: YouTube channelWill Smith on LinkedInWill on Twitter

Duration:01:25:37

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5 Businesses Acquired with a Long-Term Hold Model

8/19/2024
Register here for the webinar, Legal Office Hours: Common Legal Diligence Issues https://bit.ly/46OH4LN Ryan Sullivan's group is buying businesses with investor capital, SBA loans & operating partners — but it's not a fund. Topics in Ryan’s interview: References and how to contact Ryan: LinkedInNorth Park GroupGet a complementary pre-acquisition HR & PEO review for your target business: mark@aspenhr.comvisit Aspen HRLearn more about Walker Deibel's done-with-you buy-side advisory: The Acquisition LabConnect with Acquiring Minds: YouTube channelWill Smith on LinkedInWill on Twitter

Duration:01:36:44

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SBA Lender Roundtable: State of the Market

8/15/2024
3 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: References and how to contact panelists: Lisa Forrest LinkedInLisa Forrest Twitter WednesdaysThursdaysMatt Dolsky LinkedInBrad Hettich LinkedInSmithlist is a job board for leadership roles at small businesses. If you're not ready to buy a business but want to lead one: Smithlist - Operate & Lead a BusinessGet a complementary pre-acquisition HR & PEO review for your target business: mark@aspenhr.comvisit Aspen HRGet complimentary due diligence on your acquisition's insurance & benefits program: Oberle Risk Strategies - Search Fund TeamConnect with Acquiring Minds: YouTube channelWill Smith on LinkedInWill on Twitter

Duration:01:20:35

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One Couple, 4 Kids, and a Business 3 Hours Away

8/12/2024
Gabe 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: References and how to contact Gabe & Kristen: Gabe’s LinkedInKristen’s LinkedInRefrigerated Structures of New EnglandNew Majority CapitalChristian Bateson’s episodeWork with an SBA broker who focuses exclusively on helping entrepreneurs buy businesses: Matthias Smith of Pioneer Capital AdvisoryLearn more about Walker Deibel's done-with-you buy-side advisory: The Acquisition LabSmithlist is a job board for leadership roles at small businesses. If you're not ready to buy a business but want to lead one: Smithlist - Operate & Lead a BusinessConnect with Acquiring Minds: YouTube channelWill Smith on LinkedInWill on Twitter

Duration:01:42:54

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After 4 Years of Part-Time Searching, Success

8/8/2024
Will Gano was rewarded for his persistence & vision when he bought an 8-figure, 125-year-old ingredients manufacturer. Topics in Will Gano’s interview: References and how to contact Will Gano: LinkedInBear StewartCalder CapitalWork with an SBA broker who focuses exclusively on helping entrepreneurs buy businesses: Matthias Smith of Pioneer Capital AdvisoryGet a complementary pre-acquisition HR & PEO review for your target business: mark@aspenhr.comvisit Aspen HRSmithlist is a job board for leadership roles at small businesses. If you're not ready to buy a business but want to lead one: Smithlist - Operate & Lead a BusinessConnect with Acquiring Minds: YouTube channelWill Smith on LinkedInWill on Twitter

Duration:01:13:33

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Buy Fast: A Good Reason to Buy Small

8/5/2024
Rob 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: References and how to contact Rob: LinkedInMerry MaidsGet complimentary due diligence on your acquisition's insurance & benefits program: Oberle Risk Strategies - Search Fund TeamLearn more about Walker Deibel's done-with-you buy-side advisory: The Acquisition LabSmithlist is a job board for leadership roles at small businesses. If you're not ready to buy a business but want to lead one: Smithlist - Operate & Lead a BusinessConnect with Acquiring Minds: YouTube channelWill Smith on LinkedInWill on Twitter

Duration:01:27:55

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Tangible & Collectible: Buying a Consumer Product Company

8/1/2024
Years 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: References and how to contact Jeff: LinkedInRetro 51Work with an SBA broker who focuses exclusively on helping entrepreneurs buy businesses: Matthias Smith of Pioneer Capital AdvisoryLearn more about Walker Deibel's done-with-you buy-side advisory: The Acquisition LabSmithlist is a job board for leadership roles at small businesses. If you're not ready to buy a business but want to lead one: Smithlist - Operate & Lead a BusinessConnect with Acquiring Minds: YouTube channelWill Smith on LinkedInWill on Twitter

Duration:01:14:57

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White Collar Roll-Up from $700k to $12m

7/29/2024
Jordan Evans left tech & bought a tiny, decades-old language services business. 6 years later, revenue is 17x larger. Topics in Jordan’s interview: References and how to contact Jordan: LinkedInTwitterLanguage NetworkSimple Numbers, Straight Talk, Big Profits!: 4 Keys to Unlock Your Business Potential by Greg CrabtreeGet a complementary pre-acquisition HR & PEO review for your target business: mark@aspenhr.comvisit Aspen HRGet complimentary due diligence on your acquisition's insurance & benefits program: Oberle Risk Strategies - Search Fund TeamSmithlist is a job board for leadership roles at small businesses. If you're not ready to buy a business but want to lead one: Smithlist - Operate & Lead a BusinessConnect with Acquiring Minds: YouTube channelWill Smith on LinkedInWill on Twitter

Duration:01:46:37