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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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How to Recover from a Fraudulent Seller

5/8/2025
Register for the webinar: Deal Structuring Under the New SBA RulesJason Jackson thought he bought a $1.5m SDE dental practice. In fact, the business was losing money & engaging in fraud. Topics in Jason’s interview: References and how to contact Jason: LinkedInOlaide LawalFutaleufu PartnersThe Manager’s HandbookGet 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 Timhello@systemsix.comLearn more about Walker Deibel's done-with-you buy-side advisory: The Acquisition LabConnect with Acquiring Minds: YouTube channelWill Smith on LinkedInWill on TwitterEdited by Anton Rohozov Produced by Pam Cameron

Duration:01:25:05

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Turning a $250k Investment into $7m+

5/5/2025
Register for the webinar: Deal Structuring Under the New SBA Rules Marvin Karlow & his partner bought a powder-coating business with $500k in equity. 8 years later, they sold it for $21m. Topics in Marvin’s interview: References and how to contact Marvin: LinkedInRaincatcherSteve MarianiDownload the New CEO’s Guide to Human Resources from Aspen HR: From this pagemark@aspenhr.comWork with an SBA loan team focused exclusively on helping entrepreneurs buy businesses: Pioneer Capital AdvisoryGet a complimentary IT audit of your target business: nick@inzotechnologies.comConnect with Acquiring Minds: YouTube channelWill Smith on LinkedInWill on TwitterEdited by Anton Rohozov Produced by Pam Cameron

Duration:01:27:01

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Buying a Remote, 20-Year-Old Business with $900k of SDE

5/1/2025
Register for the webinar: Anatomy of a Franchise HoldcoDan Angel knew he wanted to buy this B2B travel company with $3m top line. But the sale would shock the key number-two. Topics in Dan Angel’s interview: Topics in Jayme Moylan’s interview: References and how to contact Dan and Jayme: Dan Angel LinkedInJayme Moylan LinkedInLodging SourceSelf-Funded Search vs Traditional Search FundsHow to Shorten Your Search to Buy a BusinessSystem Six: One Year UpdateGet a free review of your books & financial ops from System Six (a $500 value): Book a call with Timhello@systemsix.comLearn 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 TwitterEdited by Anton Rohozov Produced by Pam Cameron

Duration:01:58:17

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21 Months to Stability Buying a $1.2m SDE Business

4/28/2025
Register for the webinar: Anatomy of a Franchise HoldcoJan Roll bought a $6m residential contractor, a harrowing experience he calls one giant ambiguous ball of figure-it-out. Topics in Jan's interview: References and how to contact Jan: LinkedInVictoria RenovationsGet a complimentary IT audit of your target business: nick@inzotechnologies.comDownload the New CEO’s Guide to Human Resources from Aspen HR: From this pagemark@aspenhr.comWork with an SBA loan team focused exclusively on helping entrepreneurs buy businesses: Pioneer Capital AdvisoryConnect with Acquiring Minds: YouTube channelWill Smith on LinkedInWill on TwitterEdited by Anton Rohozov Produced by Pam Cameron

Duration:01:24:29

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How to Build a Niche Holdco with $2m in Earnings

4/24/2025
Register for the webinar: Anatomy of a Franchise HoldcoIn 2019, Matt Kopp bought a supplier to elementary schools with $350k SDE. 6 years later, he has a portfolio of them. Topics in Matt’s interview: References and how to contact Matt: LinkedInFrom Frustrated Searcher to $3.5m Owner to Holdco BuilderMaking a Career of Buying BusinessesEnduring Investment PartnersSouthern BiologicalHands on ScienceJunior RockersPrimary Music InstituteLearn 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 TeamDownload the New CEO’s Guide to Human Resources from Aspen HR: From this pagemark@aspenhr.comGet $200 off your ticket to the M&A Launchpad Conference in Houston on May 3rd: https://www.malaunchpad.comConnect with Acquiring Minds: YouTube channelWill Smith on LinkedInWill on TwitterEdited by Anton Rohozov Produced by Pam Cameron

Duration:01:45:27

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Hiding in Plain Sight on BizBuySell: $800k SDE for 2x

4/21/2025
Register for the webinar: Should You Buy a Business? A Live Panel with Lab MembersJoe Ziolkowski found the deal of a lifetime — a $10m manufacturing business — by expanding his filters on BizBuySell. Topics in Joe’s interview: References and how to contact Joe: LinkedInjoe@woodlandface.comWoodland FaceWork with an SBA loan team focused exclusively on helping entrepreneurs buy businesses: Pioneer Capital AdvisoryGet a complimentary IT audit of your target business: nick@inzotechnologies.comGet a free review of your books & financial ops from System Six (a $500 value): Book a call with Timhello@systemsix.comConnect with Acquiring Minds: YouTube channelWill Smith on LinkedInWill on TwitterEdited by Anton Rohozov Produced by Pam Cameron

Duration:01:38:03

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How to Build a $100m Holdco: The Power of ESOPs

4/17/2025
Register for the webinar: Licenses & Regulatory Issues in Acquisitions With 300 employees across 5 companies, the holdco that Chris Fredericks is building has an uncommon feature at its core. Topics in Chris’s interview: References and how to contact Chris: LinkedInEmpowered VenturesThe Empowered Owners PodcastThe Great Game of BusinessGet $200 off your ticket to the M&A Launchpad Conference in Houston on May 3rd: https://www.malaunchpad.comDownload the New CEO’s Guide to Human Resources from Aspen HR: From this pagemark@aspenhr.comGet a free review of your books & financial ops from System Six (a $500 value): Book a call with Timhello@systemsix.comGet a complimentary IT audit of your target business: nick@inzotechnologies.comConnect with Acquiring Minds: YouTube channelWill Smith on LinkedInWill on TwitterEdited by Anton Rohozov Produced by Pam Cameron

Duration:01:38:59

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How to Reinvent a $1m Candle Manufacturer

4/14/2025
Register for the webinar: Licenses & Regulatory Issues in Acquisitions Adam Goldberg had to adapt his corporate approach after buying a nearly-closed manufacturer whose sales were down 80%. Topics in Adam’s interview: References and how to contact Adam: LinkedInSeraconGet $200 off your ticket to the M&A Launchpad Conference in Houston on May 3rd: https://www.malaunchpad.comGet complimentary due diligence on your acquisition's insurance & benefits program: Oberle Risk Strategies - Search Fund TeamWork with an SBA loan team focused exclusively on helping entrepreneurs buy businesses: Pioneer Capital AdvisoryLearn more about Walker Deibel's done-with-you buy-side advisory: The Acquisition LabConnect with Acquiring Minds: YouTube channelWill Smith on LinkedInWill on TwitterEdited by Anton Rohozov Produced by Pam Cameron

Duration:01:26:03

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Stars Align After 4 Broken Deals

4/10/2025
Register for the webinar: 5 Stages of the Business Buying Process Keegan Dum wound down his search fund after 2 years without a deal, but he went on to acquire & create a great outcome. Topics in Keegan’s interview: References and how to contact Keegan: LinkedInExited but Tired: 5 Years in a Hard Business Get a complimentary IT audit of your target business: nick@inzotechnologies.comDownload the New CEO’s Guide to Human Resources from Aspen HR: From this pagemark@aspenhr.comGet complimentary due diligence on your acquisition's insurance & benefits program: Oberle Risk Strategies - Search Fund TeamGet $200 off your ticket to the M&A Launchpad Conference in Houston on May 3rd: https://www.malaunchpad.comConnect with Acquiring Minds: YouTube channelWill Smith on LinkedInWill on TwitterEdited by Anton Rohozov Produced by Pam Cameron

Duration:01:19:22

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When Buying a Retail Business Makes Sense

4/7/2025
Register for the webinar: 5 Stages of the Business Buying Process Ken Eyjolfson looked at tons of businesses before deciding on a mattress outlet with $500k SDE and 700 5-star reviews. Topics in Ken’s interview: References and how to contact Ken: ken@mrliquidator.caLinkedInMr. LiquidatorBuilt to Sell by John WarrillowThe LiquidatorGet a free review of your books & financial ops from System Six (a $500 value): Book a call with Timhello@systemsix.comLearn more about Walker Deibel's done-with-you buy-side advisory: The Acquisition LabWork with an SBA loan team focused exclusively on helping entrepreneurs buy businesses: Pioneer Capital AdvisoryGet $200 off your ticket to the M&A Launchpad Conference in Houston on May 3rd: https://www.malaunchpad.comConnect with Acquiring Minds: YouTube channelWill Smith on LinkedInWill on TwitterEdited by Anton Rohozov Produced by Pam Cameron

Duration:01:26:19

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FedEx & Fencing: A Pivot into Ownership

4/3/2025
Register for the webinar: 5 Steps to the Business Buying Process After his foray into SMB ownership went well with FedEx routes, Matt O'Brien bought & doubled a $2.5m fencing business. Topics in Matt’s interview: References and how to contact Matt: LinkedInProfessional Fence Co.Buy, Grow, Exit for a 24x Return in 3.5 YearsReflections on 2 Years in the Knife FightHow to Become an Independent SponsorWork 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 TeamDownload the New CEO’s Guide to Human Resources from Aspen HR: From this pagemark@aspenhr.comGet $200 off your ticket to the M&A Launchpad Conference in Houston on May 3rd: https://www.malaunchpad.comConnect with Acquiring Minds: YouTube channelWill Smith on LinkedInWill on TwitterEdited by Anton Rohozov Produced by Pam Cameron

Duration:01:28:52

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Why Buy a Travel Agency (Because They Can Crush It)

3/31/2025
You thought the internet killed them off, but the travel agency Jared Benoff bought does $1m SDE by dominating a niche. Topics in Jared’s interview: References and how to contact Jared: LinkedInTwitterVacationeezeAwakening to Entrepreneurship to Buy a Not-Boring BusinessWhite Collar Roll-Up from $700k to $12mLearn more about Walker Deibel's done-with-you buy-side advisory: The Acquisition LabGet a complimentary IT audit of your target business: nick@inzotechnologies.comGet a free review of your books & financial ops from System Six (a $500 value): Book a call with Timhello@systemsix.comGet $200 off your ticket to the M&A Launchpad Conference in Houston on May 3rd: https://www.malaunchpad.comConnect with Acquiring Minds: YouTube channelWill Smith on LinkedInWill on TwitterEdited by Anton Rohozov Produced by Pam Cameron

Duration:01:18:11

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Deciding to Start, Not Buy, a Small Business

3/27/2025
Initially drawn to buying a business, Kevin Moyer instead decided to start a project-based blue collar business instead. Topics in Kevin’s interview: References and how to contact Kevin: LinkedInTwitterSmash My TrashGolden Home Access Building a $10m EBITDA Leader in a Fragmented SpaceKevin’s substackChanging My Mind & What’s NextBuy and 3x a Project-Based Business in Just 2 YearsGet 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 Timhello@systemsix.comGet a complimentary IT audit of your target business: nick@inzotechnologies.comGet $200 off your ticket to the M&A Launchpad Conference in Houston on May 3rd: https://www.malaunchpad.comSmithlist 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 TwitterEdited by Anton Rohozov Produced by Pam Cameron

Duration:01:20:39

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How to Buy a Multinational

3/24/2025
Register for the webinar: How to Reduce Surprises with Operational Diligence Seeking a fit with his industrials experience, Adam Salmen bought an 8-figure business with locations around the world. Topics in Adam’s interview: References and how to contact Adam: LinkedInNovastoneBehind Every Great Searcher: A Wife’s Journey with SearchDownload the New CEO’s Guide to Human Resources from Aspen HR: From this pagemark@aspenhr.comWork 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 LabConnect with Acquiring Minds: YouTube channelWill Smith on LinkedInWill on TwitterEdited by Anton Rohozov. Produced by Pam Cameron.

Duration:01:24:57

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Lessons from 24 Acquisition Nightmares

3/20/2025
Register for the webinar: How to Reduce Surprises with Operational DiligenceAfter his acquisition failed, Jed Morris connected with dozens of others who'd experienced the same. There are patterns. Topics in Jed’s interview: References and how to contact Jed: LinkedInTwitterGet a complimentary IT audit of your target business: nick@inzotechnologies.comDownload the New CEO’s Guide to Human Resources from Aspen HR: From this pagemark@aspenhr.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 TwitterEdited by Anton Rohozov Produced by Pam Cameron

Duration:01:57:05

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From Tech Sales to Forklift Repair

3/17/2025
Register for the webinar: How to Reduce Surprises with Operational DiligenceRecently laid off and a baby on the way, Shaugn Lindley pivoted into SMB ownership by buying a business with $550k SDE. Topics in Shaugn’s interview: References and how to contact Shaugn: TwitterLinkedInR&R LiftMike Loftus TwitterOne Acquiring Minds Guest Buys AnotherExited but Tired: 5 Years in a Hard BusinessGet $200 off your ticket to the M&A Launchpad Conference in Houston on May 3rd: https://www.malaunchpad.comListen to Meeting of the Minds, our new sister podcast about independent sponsors and deal-by-deal private equity: YouTubeSpotifyAppleGet a free review of your books & financial ops from System Six (a $500 value): Book a call with Timhello@systemsix.comLearn more about Walker Deibel's done-with-you buy-side advisory: The Acquisition LabWork 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 TwitterEdited by Anton Rohozov Produced by Pam Cameron

Duration:01:37:32

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Building a Beloved Brand from a Tiny, Dying Business

3/13/2025
Register for: Employee Issues & Non-Competes When Buying a Business The live Q&A with Harley Harley Sitner bought a struggling VW van repair shop for $100k in 2013. Today it's an 8-figure business and brand. Topics in Harley’s interview: References and how to contact Harley: LinkedInPeaceVansInstagramLearn more about Walker Deibel's done-with-you buy-side advisory: The Acquisition LabGet a complimentary IT audit of your target business: nick@inzotechnologies.comDownload the New CEO’s Guide to Human Resources from Aspen HR: From this pagemark@aspenhr.comAttend SMBash in Dallas, April 2-4, to meet fellow business buyers, operators, and investors: SMBash.comConnect with Acquiring Minds: YouTube channelWill Smith on LinkedInWill on TwitterEdited by Anton Rohozov Produced by Pam Cameron

Duration:01:20:46

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The Appeal (and Risk) of Buying a Consulting Firm

3/10/2025
Register for: Employee Issues & Non-Competes When Buying a Business The live Q&A with Nick Industry outsider Nick Munsee bought a traffic engineering firm for a good price, carefully de-risking the acquisition. Topics in Nick's interview: References and how to contact Nick: LinkedInHales EngineeringWork 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 TeamGet a free review of your books & financial ops from System Six (a $500 value): Book a call with Timhello@systemsix.comGet $200 off your ticket to the M&A Launchpad Conference in Houston on May 3rd: https://www.malaunchpad.comConnect with Acquiring Minds: YouTube channelWill Smith on LinkedInWill on TwitterEdited by Anton Rohozov Produced by Pam Cameron

Duration:01:31:01

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Why Treat an Acquisition Like a Startup

3/6/2025
Register for the webinars: 5 Stages of the Business Buying ProcessEmployee Issues & Non-Competes When Buying a BusinessLive Q&A with Sean DalyDay 1 changes? Yes please. Sean Daly brought a spirit of experimentation, iteration, and speed to a small HVAC business. Topics in Sean’s interview: References and how to contact Sean: LinkedInIce C CoolAttend SMBash in Dallas, April 2-4, to meet fellow business buyers, operators, and investors: SMBash.comGet complimentary due diligence on your acquisition's insurance & benefits program: Oberle Risk Strategies - Search Fund TeamWork 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 LabConnect with Acquiring Minds: YouTube channelWill Smith on LinkedInWill on TwitterEdited by Anton Rohozov Produced by Pam Cameron

Duration:01:27:33

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Buying in a Small Market, Building a Regional Powerhouse

3/3/2025
Register for: Live Q&A with Jonathan Bournigal 5 Stages of the Business Buying Process Jonathan Bournigal returned to his native Dominican Republic to buy a business. He found a small one and has 6x'd it. Topics in Jonathan’s interview: References and how to contact Jonathan: LinkedInBUNKERCarabela Search and ManagementGet $200 off your ticket to the M&A Launchpad Conference in Houston on May 3rd: https://www.malaunchpad.comDownload the New CEO’s Guide to Human Resources from Aspen HR: From this pagemark@aspenhr.comGet a free review of your books & financial ops from System Six (a $500 value): Book a call with Timhello@systemsix.comGet a complimentary IT audit of your target business: nick@inzotechnologies.comConnect with Acquiring Minds: YouTube channelWill Smith on LinkedInWill on TwitterEdited by Anton Rohozov Produced by Pam Cameron

Duration:01:49:59