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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

The Front Lines of a Crisis

2/29/2024
14 months ago, Russ Hadlock bought an auto glass business with $2.3m in sales. Today he is struggling to keep it alive. Topics in Russ’s interview: References and how to contact Russ: TwitterLinkedInAutoGlass Clinic & Mobile RadioGet complimentary due diligence on your acquisition's insurance & benefits program: Oberle Risk Strategies - Search Fund TeamBook your free tax strategy session for business buyers today: Steed - book your free sessionConnect with Acquiring Minds: YouTube channelWill Smith on LinkedInWill on Twitter

Duration:01:37:22

How a First-Timer Did a Turnaround (Including an Exit)

2/26/2024
Ben Rizzo bought an unprofitable, 4th-generation elevator business then stabilized, doubled, and sold it within 2 years. Topics in Ben’s interview: References and how to contact Ben: Hartwood PointLinkedInGet a complementary pre-acquisition HR & PEO review for your target business: visit 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:01:36:43

Saying No to Home Services, Yes to B2B Media

2/22/2024
Nathan Gregory left the music industry to buy Autobody News, a business that could benefit from his experience in media. Topics in Nathan’s interview: References and how to contact Nathan: LinkedInTwitterAutobody NewsAcquiraGet a complementary pre-acquisition HR & PEO review for your target business: visit Aspen HRBook your free tax strategy session for business buyers today: Steed - book your free sessionConnect with Acquiring Minds: YouTube channelWill Smith on LinkedInWill on Twitter

Duration:01:19:58

8 Figs or Bust: Transitioning a Big Plumbing Business

2/19/2024
Register here for the webinar, How to Raise Equity to Buy a Business https://bit.ly/3SUJhzQ Get $200 off your ticket to the M&A Launchpad Conference in Houston on May 11th: https://www.malaunchpad.com Peter deBaptiste bought a 35-person plumbing business with 2 very technical, hands-on owners 1 hour away from his house. Topics in Peter’s interview: References and how to contact Peter: LinkedInTwitterJoe Cole Plumbing Taking the Plunge into Extreme OwnershipLearn 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:01:51:15

Fire, Covid, Exit: 5 Years in a $12m Events Business

2/15/2024
Register here for the webinar, How to Raise Equity to Buy a Business https://bit.ly/3uwHx6y Will Wright bought a big event rental business in December 2018. When Covid hit, he turned crisis into opportunity. Topics in Will’s interview: References and how to contact Will Wright: Everybody MattersLinkedInPeerless Events and TentsGet 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:01:45:49

Taking a Blue Collar Biz from $900k to $2.4m in Earnings

2/12/2024
Register here for the webinar, How to Raise Equity to Buy a Business https://bit.ly/3SAWZXd Adam Borcz bought & unlocked growth in a niche-y, 35-year-old blue collar business, almost tripling earnings in 4 years. Topics in Adam’s interview: References and how to contact Adam: LinkedInTwitterDelta Installation GroupGet a complementary pre-acquisition HR & PEO review for your target business: visit 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:01:34:12

First-Timer Turns $20k into $900k in 19 Months

2/8/2024
Only after taking a second look at a small wedding catering & venue business did Nick Patrick recognize an opportunity. Topics in Nick’s interview: References and how to contact Nick: http://linktr.ee/nick.patrickInvest Like the BestGet a complementary pre-acquisition HR & PEO review for your target business: visit 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:01:33:34

The Model Works: Reflections of a Plumbing Business Buyer

2/5/2024
Doug Johns reflects on his balance sheet, lifestyle, and new identity as business owner after 9 quarters in the seat. Topics in Doug’s interview: References and how to contact Doug: LinkedInOpening Up to Franchises to Buy a Great BusinessGet complimentary due diligence on your acquisition's insurance & benefits program: Oberle Risk Strategies - Search Fund TeamBook your free tax strategy session for business buyers today: Steed - book your free sessionConnect with Acquiring Minds: YouTube channelWill Smith on LinkedInWill on Twitter

Duration:01:34:32

Buying a $4m Business (with 80% Recurring Revenue)

2/1/2024
Register here for the webinar, The Anatomy of an LOI: https://bit.ly/4263xl0 It was only after Michael Young started an accounting practice that he found the much larger practice he would then buy. References and how to contact Michael: LinkedInPASBAPatrick DichterLearn 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: visit Aspen HRConnect with Acquiring Minds: YouTube channelWill Smith on LinkedInWill on Twitter

Duration:01:27:40

Taking the Plunge into Extreme Ownership

1/29/2024
Register here for the webinar, The Anatomy of an LOI: https://bit.ly/3U52srP At his job, Morgan McCauley saw a ceiling on his impact & earning potential. Buying a home care business uncapped both. Topics in Morgan’s interview: References and how to contact Morgan: LinkedInHow to Buy & Double a Home Care Agency | Jérôme Bouillon InterviewGet complimentary due diligence on your acquisition's insurance & benefits program: Oberle Risk Strategies - Search Fund TeamBook your free tax strategy session for business buyers today: Steed - book your free sessionConnect with Acquiring Minds: YouTube channelWill Smith on LinkedInWill on Twitter

Duration:01:44:02

Finding a Good Business After 2+ Years of Searching

1/25/2024
Register here for the webinar, The Anatomy of an LOI: https://bit.ly/3SsxKrt Ryan Doyle was 2 long years into searching when he walked away from a deal, but he was rewarded for the self discipline. Topics in Ryan’s interview: References and how to contact Ryan: TwitterTurner Point CapitalGet a complementary pre-acquisition HR & PEO review for your target business: visit 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:01:31:05

Buying a Business to 20x a Real Estate Empire

1/22/2024
Register here for the webinar, The Anatomy of an LOI: https://bit.ly/492E8eh Buying a property management business (which he's doubled) helped Brandon Laughridge balloon his real estate portfolio. Topics in Brandon’s interview: References and how to contact Brandon: My First Million podcast2.5 Years from Buying to ExitingTwitterNorth Terrace Property ManagementBrandon’s popular Twitter thread from 2020Book your free tax strategy session for business buyers today: Steed - book your free sessionLearn 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:01:53:49

4 Acquisitions In, Holdco Builder's Goal is £150m

1/18/2024
Holdco entrepreneur Sam Turner shares his vision to build the leading platform for independent M&E businesses in the UK. Topics in Sam’s interview: References and how to contact Sam: LinkedInEmpire Builder: The Road to a BillionBuilding an HVAC Holdco to £60m in RevenueGet a complementary pre-acquisition HR & PEO review for your target business: visit 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:01:16:34

14 Months from Searcher to $5.5m EBITDA

1/16/2024
Luis Aguilar found a $1.5m SDE commercial laundry business on BizBuySell, then a second acquisition followed quickly. Topics in Luis’s interview: References and how to contact Luis: LinkedInBook your free tax strategy session for business buyers today: Steed - book your free sessionLearn 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:01:44:48

Shutting Down After a 4-Year Struggle

1/11/2024
Watch the recording of our webinar on Financial Modeling a Self-Funded SBA Acquisition: https://acquiringminds.co/webinars/how-to-model-a-self-funded-sba-acquisition The cemetery services biz Philip Blackett bought in 2019 was finally squeezed to insolvency & shuttered 2 months ago. Topics in Philip's interview: References and how to contact Philip: LinkedInTwitterBusiness Wealth Without RiskBook your free tax strategy session for business buyers today: Steed - book your free sessionLearn 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:01:28:34

Buying a Big $7m Trade School

1/8/2024
Watch the recording of our webinar on Financial Modeling a Self-Funded SBA Acquisition: https://acquiringminds.co/webinars/how-to-model-a-self-funded-sba-acquisition In a world of tight labor supply, Tyrel Sulzer & Bob Boniface saw the benefits of buying a school that trains truckers. Topics in Tyrel and Bob’s interview: References and how to contact Tyrel and Bob: TransTechBob Boniface LinkedInTyrel Sulzer LinkedInConnect with Acquiring Minds: YouTube channelWill Smith on LinkedInWill on Twitter Get 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: visit Aspen HR

Duration:01:36:44

Moving to a Small Town to Buy an SMB

1/4/2024
When he bought an HVAC business in east Tennessee, John Mahony moved in next door & became a member of the community. Topics in John’s interview: References and how to contact John: LinkedInTwitterGet a complementary pre-acquisition HR & PEO review for your target business: visit Aspen HR Get 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:01:40:13

The Appeal of Buying a Food Product Business

1/2/2024
Pat Lazure explains why Flavor-Crisp, a food product business that uses co-packers, was such a great business to buy. Topics in Pat’s interview: References and how to contact Pat: LinkedInRock Paper ShearsFlavor-CrispLearn more about Walker Deibel's done-with-you buy-side advisory: The Acquisition LabConnect with A-players who can run your business remotely: More StaffingConnect with Acquiring Minds: YouTube channelWill Smith on LinkedInWill on Twitter

Duration:01:40:44

Building an HVAC Holdco to £60m in Revenue

12/28/2023
Sam Turner is 3 acquisitions into a 5-year plan to buy HVAC businesses across the UK that together cash flow £6m/yr. (Rebroadcast from August 2022.) Topics in Sam's interview: Reach Sam at: LinkedInGet a complementary pre-acquisition HR & PEO review for your target business: visit 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:01:28:55

Opening Up to Franchises to Buy a Great Business

12/26/2023
How Doug Johns overcame his reservations about being a franchisee to acquire a dream business with $1.8m EBITDA. (Rebroadcast from September 2022.) Topics in Doug's interview: Reach Doug at: LinkedInConnect with A-players who can run your business remotely: More Staffing Get 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:01:24:12