エピソード

  • From Frustrated Searcher to $3.5m Owner to Holdco Builder
    2024/12/23

    Dismissed by brokers, Simon Plummer bought & grew a manufacturer 75% in 3 years. Today he's building a long-term holdco.

    Topics in Simon’s interview:

    • Creating the “BizBuySell” of Australia
    • Buying a manufacturing business
    • Difficulty of acquisition in Australia
    • Running the machines himself for 18 months
    • Learning from his cashflow mistakes
    • Launching their brand in the UK, US, and Canada
    • How a bricklaying YouTuber skyrocketed sales
    • Finding and hiring a CEO
    • Anxiety of owning a small business
    • Building a long-term holding company

    References and how to contact Simon:

    • LinkedIn
    • Arbor Permanent Owners
    • BT Engineering USA
    • BT Engineering Australia
    • Rowan Grant
    • Jason Andrew

    Learn more about Walker Deibel's done-with-you buy-side advisory:

    • The Acquisition Lab

    Get a complimentary IT audit of your target business:

    • Email Nick Akers at nick@inzotechnologies.com, and tell him you’re a searcher

    Get complimentary due diligence on your acquisition's insurance & benefits program:

    • Oberle Risk Strategies - Search Fund Team

    Connect with Acquiring Minds:

    • See past + future interviews on the YouTube channel
    • Connect with host Will Smith on LinkedIn
    • Follow Will on Twitter
    続きを読む 一部表示
    1 時間 23 分
  • Perils in Partnership: Plumbing Acquisition Gone Wrong
    2024/12/19

    Josh Key partnered with a master plumber from his church to acquire a plumbing business doing $1.25m. It ended badly.

    Topics in Josh’s interview:

    • Buying a plumbing business with a partner
    • Quitting his job to go all-in
    • Inadequate due diligence on his partner
    • His partner’s wife getting involved in the business
    • Emotional outbursts and threats from his partner
    • Employees and clients leaving due to the partner
    • Closing the business and filing for bankruptcy
    • What he learned about due diligence
    • How his mindset is guided by his faith
    • What he wants to do next

    References and how to contact Josh:

    • josh@castlekeyholdings.com
    • LinkedIn

    Work with an SBA broker who focuses exclusively on helping entrepreneurs buy businesses:

    • Matthias Smith of Pioneer Capital Advisory

    Get complimentary due diligence on your acquisition's insurance & benefits program:

    • Oberle Risk Strategies - Search Fund Team

    Learn more about Walker Deibel's done-with-you buy-side advisory:

    • The Acquisition Lab

    Connect with Acquiring Minds:

    • See past + future interviews on the YouTube channel
    • Connect with host Will Smith on LinkedIn
    • Follow Will on Twitter
    続きを読む 一部表示
    1 時間 31 分
  • Adjusting to Life in a Nocturnal Business (with $525k SDE)
    2024/12/16

    Tom & Dawson Matter bought a vent cleaning business operating out of a parking lot. The transition has been interesting.

    Topics in Tom and Dawson’s interview:

    • Teaming up to acquire Pro Duct Cleaning
    • The nocturnal, detailed, messy nature of the work
    • Tom keeping his W-2 while Dawson runs operations
    • Maintaining a 42% margin
    • Learning to deal with angry customers
    • Upgrading the equipment and facilities
    • Hiring Dawson’s wife to help with operations
    • Switching from Google Calendar to a real CRM
    • Trouble communicating with employees
    • Chasing down payment from clients

    References and how to contact Tom and Dawson:

    • Pro Duct Cleaning
    • info@pdcleaning.com
    • Dan Tagliatela on Acquiring Minds: Reward for a Brutal Transition: $760k EBITDA on 3 Hours/Week
    • George Vallone on Acquiring Minds: When Buying Small Goes Right (3x Growth)

    Get a complimentary IT audit of your target business:

    • Email Nick Akers at nick@inzotechnologies.com, and tell him you’re a searcher

    Get a free review of your books & financial ops from System Six (a $500 value):

    • Book a call with Tim or email hello@systemsix.com and mention Acquiring Minds

    Get a complementary pre-acquisition HR & PEO review for your target business:

    • Contact mark@aspenhr.com or visit Aspen HR

    Connect with Acquiring Minds:

    • See past + future interviews on the YouTube channel
    • Connect with host Will Smith on LinkedIn
    • Follow Will on Twitter
    続きを読む 一部表示
    1 時間 35 分
  • How (and Why) to Buy an Electrical Business
    2024/12/12

    Register for the webinar:

    • Where Searchers Go Wrong, Part 2 - Thu Dec 12 - https://bit.ly/3VtCvC1

    Fred McGill liked the trades and zeroed in on electrical. The $3.2m business he bought is likely to grow 25% in year 1.

    Topics in Fred’s interview:

    • Founding a real estate start-up
    • Comparing rental income to small business
    • Acquiring an electrical company
    • Reassuring employees during transition
    • Learning how to hire electricians
    • Compensation in the electrical industry
    • Growth through digital marketing
    • Miscalculating working capital
    • Importance of making the phone ring
    • Helping searchers through Blue Collar Advisory

    References and how to contact Fred:

    • LinkedIn
    • Twitter
    • Bray Electrical Services
    • fred@bluecollaradvisory.com

    Learn more about Walker Deibel's done-with-you buy-side advisory:

    • The Acquisition Lab

    Work with an SBA broker who focuses exclusively on helping entrepreneurs buy businesses:

    • Matthias Smith of Pioneer Capital Advisory

    Get a free review of your books & financial ops from System Six (a $500 value):

    • Book a call with Tim or email hello@systemsix.com and mention Acquiring Minds

    Connect with Acquiring Minds:

    • See past + future interviews on the YouTube channel
    • Connect with host Will Smith on LinkedIn
    • Follow Will on Twitter
    続きを読む 一部表示
    1 時間 35 分
  • First Acquisition in March, $200m by Year End
    2024/12/09

    Register for the webinar:

    • Where Searchers Go Wrong, Part 2 - Thu Dec 12 - https://bit.ly/4igqBVQ

    Jordan Dubin and his partners are rolling up a home services industry. They blew by their 5-year goal in the first year.

    Topics in Jordan’s interview:

    • Partnering with his 2 friends
    • Hand writing 200 letters to potential sellers
    • Building a platform of garage door businesses
    • Maintaining local brands
    • Why private equity hasn’t picked over the industry yet
    • How they chose the garage door market
    • Building trust through honesty
    • Hitting $20 million EBITDA in the first year
    • Beachhead and tuck-in strategies
    • The role of timing in acquisition success

    References and how to contact Jordan:

    • LinkedIn
    • Guild Garage Group

    Get a complementary pre-acquisition HR & PEO review for your target business:

    • Contact mark@aspenhr.com or visit Aspen HR

    Get complimentary due diligence on your acquisition's insurance & benefits program:

    • Oberle Risk Strategies - Search Fund Team

    Get a complimentary IT audit of your target business:

    • Email Nick Akers at nick@inzotechnologies.com, and tell him you’re a searcher

    Connect with Acquiring Minds:

    • See past + future interviews on the YouTube channel
    • Connect with host Will Smith on LinkedIn
    • Follow Will on Twitter
    続きを読む 一部表示
    1 時間 44 分
  • Buying in a Huge but Overlooked Market
    2024/12/05

    Register for the webinar:

    • Where Searchers Go Wrong, Part 2 - Thu Dec 12 - https://bit.ly/41ivxUl


    Fragmentation & an enormous TAM drew Jonathon Tupper to buy a 30-year-old business in the asset-based lending industry.

    Topics in Jonathon’s interview:

    • Moving from politics to investment management
    • Importance of liquidity
    • Factoring: a form of asset-based lending
    • What kinds of businesses benefit from factoring
    • Buying a factoring business
    • Acquiring without an SBA loan
    • Paying 2x EBITDA
    • Competing with banks and other lenders
    • Running a Houston business from Southern California
    • Challenge of hiring good employees

    References and how to contact Jonathon:

    • LinkedIn
    • Jobe Services Inc.
    • jonathont@jsifactoring.com

    Get a free review of your books & financial ops from System Six (a $500 value):

    • Book a call with Tim or email hello@systemsix.com and mention Acquiring Minds

    Get a complementary pre-acquisition HR & PEO review for your target business:

    • Contact mark@aspenhr.com or visit Aspen HR

    Get a complimentary IT audit of your target business:

    • Email Nick Akers at nick@inzotechnologies.com, and tell him you’re a searcher

    Connect with Acquiring Minds:

    • See past + future interviews on the YouTube channel
    • Connect with host Will Smith on LinkedIn
    • Follow Will on Twitter
    続きを読む 一部表示
    1 時間 21 分
  • The Thrill & Validation of Becoming an Owner
    2024/12/02

    Register for the webinar:

    • Where Searchers Go Wrong, Part 2 - Thu Dec 12 - https://bit.ly/4f0320C


    Michael Johnson started searching in April. Today he's having the time of his life as owner of a $1.2m printing business.

    Topics in Michael’s interview:

    • Marine Corps experience in Iraq
    • Acquiring a vending machine
    • Frustration with his W-2 job
    • Acquiring a SpeedPro location
    • Ups and downs of negotiation and funding
    • Frustrating first day as owner
    • High demand for printing car wraps
    • Empowering employees to be autonomous
    • Hiring his wife to work in the business
    • What he loves about the franchise model

    References and how to contact Michael:

    • LinkedIn
    • The one-pager Michael used during outreach
    • SpeedPro NW Raleigh
    • Dominick Blue on Acquiring Minds: Buying & Growing a Business While Keeping a Day Job
    • Jesse Safir on Acquiring Minds: Surviving the Nightmare: Sales Plunge 95%
    • Dan Verboski on Acquiring Minds: Candid Reflections on 7 Years of SMB Ownership
    • Jarett Berke on Acquiring Minds: When a Restaurant is a Great Business to Buy
    • Adam Markley on Acquiring Minds: Getting Reps: Helping Others Look at Deals Led to a Holdco

    Get complimentary due diligence on your acquisition's insurance & benefits program:

    • Oberle Risk Strategies - Search Fund Team

    Learn more about Walker Deibel's done-with-you buy-side advisory:

    • The Acquisition Lab

    Work with an SBA broker who focuses exclusively on helping entrepreneurs buy businesses:

    • Matthias Smith of Pioneer Capital Advisory

    Connect with Acquiring Minds:

    • See past + future interviews on the YouTube channel
    • Connect with host Will Smith on LinkedIn
    • Follow Will on Twitter
    続きを読む 一部表示
    1 時間 35 分
  • Micro-Acquiring to $300k SDE on 5 Hours Per Week
    2024/11/27

    Link Moser built a nearly-passive business portfolio by acquiring tiny web design & hosting shops on favorable terms.

    Topics in Link’s interview:

    • Learning to build websites in the 90’s
    • Starting a web design/hosting business
    • Sending out letters to target businesses
    • Acquiring other digital marketing agencies nearby
    • Integrating the businesses he bought
    • Customer attrition rates during transition
    • Getting bored with passive income
    • Considering buying a traditional, non-digital business
    • Willingness to sell his own business
    • Pros and cons of remote work

    References and how to contact Link:

    • LinkedIn
    • Windhill Design

    Get a complementary pre-acquisition HR & PEO review for your target business:

    • Contact mark@aspenhr.com or visit Aspen HR

    Get a free review of your books & financial ops from System Six (a $500 value):

    • Book a call with Tim or email hello@systemsix.com and mention Acquiring Minds

    Get complimentary due diligence on your acquisition's insurance & benefits program:

    • Oberle Risk Strategies - Search Fund Team

    Connect with Acquiring Minds:

    • See past + future interviews on the YouTube channel
    • Connect with host Will Smith on LinkedIn
    • Follow Will on Twitter
    続きを読む 一部表示
    1 時間 27 分