Acquiring Minds  Por  arte de portada

Acquiring Minds

De: Will Smith
  • Resumen

  • 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
    2021 - 2023, Acquiring Minds
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Episodios
  • It Really Happened: 100% Financing for an $8m Business
    Jul 4 2024

    Register for the webinars:

    • Thu July 11 - SBA Lender Roundtable: State of the Market - https://bit.ly/4eJqUXB

    • Fri July 12 - Due Diligence Office Hours - https://bit.ly/3VPQf9p


    We caution against thinking you can find it: 100% seller financing. But Renan Cortez did — and on a sizable business.

    Topics in Renan’s interview:

    • His background as an Army medic
    • Learning about acquisition via Codie Sanchez
    • Using a virtual assistant to search for a business
    • Negotiating a 100% seller note
    • Feeling motivated by philanthropy
    • Spending too much money too fast after transition
    • Getting a bridge loan to make payroll
    • Rebranding the restoration company
    • Raising capital for growth
    • His large roll-up vision

    References and how to contact Renan:

    • LinkedIn
    • Twitter
    • Syndicate Building Solutions
    • Syndicate Venture 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

    Smithlist is a new 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 Business

    Connect with Acquiring Minds:

    • See past + future interviews on the YouTube channel
    • Connect with host Will Smith on LinkedIn
    • Follow Will on Twitter
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    1 h y 37 m
  • Turning $500k into a $38m Holdco (No Investors)
    Jul 1 2024

    Register for the webinars:

    • Thu July 11 - SBA Lender Roundtable: State of the Market - https://bit.ly/3XSdIcG

    • Fri July 12 - Due Diligence Office Hours - https://bit.ly/3W1zQA6


    Garrison Snell enjoyed a modest exit at age 24. By 30, he'd parlayed that into a holdco with $9m EBITDA and a mission.

    Topics in Garrison’s interview:

    • Building and exiting a recording artist marketing agency
    • His objective to do the most good for the most people
    • Early ventures into real estate
    • Buying and quickly selling a restaurant
    • Acquiring in the manufacturing space
    • Understanding and applying Porter’s 5 Forces
    • Advantage of being a low-cost, essential supplier
    • Recent leadership challenges at a new acquisition
    • Building an indefinite holding company
    • Power of a community-minded small business

    References and how to contact Garrison:

    • LinkedIn
    • Twitter
    • garrison.snell@snellventures.com
    • Rafael Quinn’s episode
    • Competitive Strategy by Michael E. Porter

    Smithlist is a new 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 Business

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

    • Matthias Smith of Pioneer Capital Advisory

    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
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    1 h y 47 m
  • Candid Reflections on 7 Years of SMB Ownership
    Jun 27 2024

    Register here for the webinar, How to Buy a Business & Hire an Operator at Once

    • https://bit.ly/3KJnYwg


    7 years ago Dan Verboski bought a sign business with $650k in earnings. He's doubled it, but ownership has taken a toll.

    Topics in Dan’s interview:

    • Background in the Marines and retail
    • Buying a sign company in Tyler, Texas
    • Culture clashes and problem employees
    • Selling off his real estate to keep the business going
    • How he learned to fire faster
    • Building a new company culture
    • Making personal changes to recover from burnout
    • Standing out by answering the phone
    • What he would do differently next time
    • His growth as a leader

    References and how to contact Dan:

    • LinkedIn
    • Twitter
    • Leon’s Signs Inc.
    • ETA Circle in Houston, where Dan will be appearing on July 10th

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

    • Contact mark@aspenhr.com or visit Aspen HR

    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
    Más Menos
    1 h y 43 m

Lo que los oyentes dicen sobre Acquiring Minds

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  • Total
    5 out of 5 stars
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The BEST Searchfund Advice!

We love Will Smith and the insights his podcast gives to us that is applicable for the whole deal process. He will even bring on guests on years later for them to recap on the transition process and everything in between.

Thanks for everything, Will!

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  • Total
    5 out of 5 stars
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The best way to learn about search and acquiring small businesses

I’ve read Buy then Build, and HBR’s Guide to buying a Small Business. Both are great books on the nuts and bolts of ETA, but Will Smith’s podcast is then best way to learn from the experiences of over 100 acquisition entrepreneurs.

Great content, binge worthy, and always easy to listen to at >1.5x speed!

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