Podcast appearances and mentions of walker deibel

Most entrepreneurs are taught that the path to success starts with a blank page, a new idea, a startup, a grind from zero. But what if the real opportunity is in what's already built?  Walker Deibel, Wall Street Journal bestselling author of “Buy Then Build: How Acquisition Entrepreneurs Outsmart the Startup Game,” has spent over a decade proving that acquiring existing businesses is one of the most powerful and overlooked paths to entrepreneurial wealth. He has bought roughly 10 companies outright, been inside over 100 deals, and helped hundreds of entrepreneurs acquire more than a billion dollars in small businesses. And his message is simple: you don't have to build from scratch to build something great. In this episode of The Greatness Machine, Darius sits down with Walker Deibel to explore the acquisition entrepreneur mindset, why high margins matter more than almost anything else, and where the biggest opportunities in private markets exist right now. In this episode, Darius and Walker will discuss: (00:00) Introduction and Excitement for the Episode (02:53) The Power of Alignment and Purpose (05:46) The Journey of Writing and Publishing a Book (08:38) The Entrepreneurial Journey: Successes and Failures (11:33) Walker Deibel's Background and Business Philosophy (14:21) The Importance of Acquisitions in Entrepreneurship (17:16) The Intersection of Old and New Economies (20:21) Investing in Boring Businesses for Stability (23:48) Identifying High-Potential Companies (29:11) The Importance of Margins in Business (37:31) Investing in Businesses vs. Running Them (46:25) Overcoming Barriers to Greatness Walker Deibel is a serial acquisition entrepreneur, WSJ and USA Today bestselling author, Emmy-nominated film producer, and award-winning M&A advisor. He is the creator of Acquisition Lab, the elite business buying accelerator, and founder of Build Wealth, an alternative investment firm offering private market opportunities he personally invests in. His bestselling book, Buy Then Build: How Acquisition Entrepreneurs Outsmart the Startup Game, was recognized by Forbes as one of the top 7 books all entrepreneurs must read and is now used in university programs across the country. Walker has participated in over 100 private transactions, acquired seven companies over ten years, and his writing has been featured in Inc, Entrepreneur, Forbes, Fast Company, and Harvard Business Review. Connect with Walker: Website: https://walkerdeibel.com/  LinkedIn: https://www.linkedin.com/in/walkerdeibel  YouTube: https://www.youtube.com/c/BuyThenBuild  Instagram: https://www.instagram.com/walkerdeibel/  Book: https://buythenbuild.com/  Connect with Darius: Website: https://therealdarius.com/ Linkedin: https://www.linkedin.com/in/dariusmirshahzadeh/ Instagram: https://www.instagram.com/imthedarius/ YouTube: https://www.youtube.com/@Thegreatnessmachine  Book: The Core Value Equation https://www.amazon.com/Core-Value-Equation-Framework-Limitless/dp/1544506708 Write a review for The Greatness Machine using this link: https://ratethispodcast.com/spreadinggreatness.  Learn more about your ad choices. Visit megaphone.fm/adchoices

Eric Donahue quickly grew revenue to $6m thanks to operational enhancements, culture tweaks, and a little good luck.Register for the webinar:What Actually Makes a Good Deal? Patterns from 1,000+ Transactions - Thurs March 26th - https://bit.ly/4lT2ajGTopics in Eric's interview:Navy SEAL career and retirementPerforming the basics at a high levelHis tree service side hustleOld school proprietary searchBuying an off-market paving companyForgoing SBA for a conventional loanWorking in the field to learn the asphalt trade40% revenue growth in 13 monthsSplitting his crew to keep the team productiveUsing his military clearance to win jobsReferences and how to contact Eric:LinkedInPeninsula PavingHunter at Hanger LawLearn 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 page or contact jenny@aspenhr.comConnect with Acquiring Minds:See past + future interviews on the YouTube channelConnect with host Will Smith on LinkedInFollow Will on TwitterEdited by Anton RohozovProduced by Pam Cameron

After 25 years on The Street, Brian Anderson discovered passion in buying small businesses — despite brutal challenges.Register for the webinar:How to Handle Common Employee Issues When Buying a Business - TODAY!! - https://bit.ly/4sa946lTopics in Brian's interview:Career in investment banking/hedge fundsClosure of his firmPursuing small business as an asset classLow multiples are fairly valuedAcquiring in manufacturingLearning every operational function himselfAcquiring with no debtBeing away from his family M-FHis big mistake during CovidSelling to his COOReferences and how to contact Brian:LinkedInHis essay on the experience: Deco Manufacturing Summary and LessonsDownload the New CEO's Guide to Human Resources from Aspen HR:From this page or contact jenny@aspenhr.comGet a free review of your books & financial ops from System Six (a $500 value):Book a call with Tim or hello@systemsix.com and mention Acquiring MindsLearn more about Walker Deibel's done-with-you buy-side advisory:The Acquisition LabConnect with Acquiring Minds:See past + future interviews on the YouTube channelConnect with host Will Smith on LinkedInFollow Will on TwitterEdited by Anton RohozovProduced by Pam Cameron

After building a masonry business over 5+ years, Justin Escajeda bought his first company in 2018 and never looked back.Register for the webinars:  From Owner to Owner: Business Transition Lessons - TODAY - https://bit.ly/46K82p5Topics in Justin's interview:His early career as a stone masonGrowing his side jobs into a companyLiquidating his real estate investmentsFocusing on masonry nichesAcquiring his first business for a 1.3 multipleRecruiting managers based on work ethicHis flat compensation and guaranteed bonus structureHow he prevents fraud and mismanagementKeeping company names the same after buyingThe personal cost of overseeing 11 companiesReferences and how to contact Justin:LinkedInEscajeda HoldingsGet a complimentary IT audit of your target business:Email Nick Akers at nick@inzotechnologies.com, and tell him you're a searcherLearn 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 AdvisoryConnect with Acquiring Minds:See past + future interviews on the YouTube channelConnect with host Will Smith on LinkedInFollow Will on TwitterEdited by Anton RohozovProduced by Pam Cameron

Jonathan Taylor has quickly grown revenue 40% at his acquisition through digitization, process improvement, and sales.Topics in Jonathan's interview:Searching while working full-timeHis “now or never” moment approaching 40Restricting his search to Los AngelesOver-equitizing the dealStructuring a forgivable seller noteAccepting 60% ownershipFinding long-term hold investorsBuying from a non-retiring sellerChristian stewardship principlesGrowing revenue 40%References and how to contact Jonathan:LinkedInAEK TechnologyPhil Koller on Acquiring Minds: Comfortable Concentration for a $800k SDE BusinessShaun Stimpson on Acquiring Minds: Started Mid-Career, Grew to $38m in 3 YearsLearn 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 TeamGet a free review of your books & financial ops from System Six (a $500 value):Book a call with Tim or hello@systemsix.com and mention Acquiring MindsConnect with Acquiring Minds:See past + future interviews on the YouTube channelConnect with host Will Smith on LinkedInFollow Will on TwitterEdited by Anton RohozovProduced by Pam Cameron

Scott Crosby weathered the challenges that come with buying a 4.5-employee services business, and Year 2 is looking up.Register for the webinars: Common Legal Diligence Issues (and How to Handle Them) - TOMORROW!! - https://bit.ly/3OQhm4lSMB Cybersecurity: Why Operators Need a Risk Assessment - Thu, Feb 26 - https://bit.ly/4bY1KWeTopics in Scott's interview:His 2 major career-defining moments20-hour days in film productionRisks of buying from younger ownersEconomic development resource centers: a hidden gemLooking for business-buyer fitUsing an analysis tool he found on TikTokFirst-time buyer mistakesReplacing nearly the entire staffUnderestimating the stress of ownershipModernizing dusty operationsReferences and how to contact Scott:LinkedInscottallencrosby@gmail.comAmerican Services St. LouisScott's interview prep sheetBuy the deal analyzer spreadsheetDownload the New CEO's Guide to Human Resources from Aspen HR:From this page or contact jenny@aspenhr.comGet a complimentary IT audit of your target business:Email Nick Akers at nick@inzotechnologies.com, and tell him you're a searcherLearn more about Walker Deibel's done-with-you buy-side advisory:The Acquisition LabConnect with Acquiring Minds:See past + future interviews on the YouTube channelConnect with host Will Smith on LinkedInFollow Will on TwitterEdited by Anton RohozovProduced by Pam Cameron

Tato Corcoran returns with updates on her ownership of a sink maker that had just $400k in revenue when she bought it.Register for the webinar: Red Flags That Kill or Reshape Deals - TODAY!! - https://bit.ly/4rsjvlaTopics in Tato's interview:Growing her top line revenueFinding a mentor at StarbucksCreating an employee handbookReconfiguring the factory with new equipmentHow she implements extreme ownershipProfit First accountingBeing tied to the real estate marketGoals for her real estate portfolioBeing a woman in manufacturingWhen she may be open to sellingReferences and how to contact Tato:LinkedInBrandt Molded MarbleTato's first interview: When You Buy a Glorified Job, Not a BusinessExtreme Ownership by Jocko Willink and Leif BabinProfit First by Mike MichalowiczGet a complimentary IT audit of your target business:Email Nick Akers at nick@inzotechnologies.com, and tell him you're a searcherLearn 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 AdvisoryConnect with Acquiring Minds:See past + future interviews on the YouTube channelConnect with host Will Smith on LinkedInFollow Will on TwitterEdited by Anton RohozovProduced by Pam Cameron

He started by buying a small flooring business in 2000. Today Paul Lajoie takes home $1m a year and works how he wants.Register for the webinar:Why Deal Flow Isn't Your Biggest Problem - TOMORROW! - https://bit.ly/4ah8L1ETopics in Paul's interview:Background in Big Six accountingBuying the first business he looked atPartnering with his brotherDownsizing his lifestyle in the beginningUnderestimating working capital needsDetailed partnership agreementsYou are not smarter than the sellerPivoting to remodeling after 2008 crashAcquisition vs startup success ratesHis BizBuyPro communityReferences and how to contact Paul:LinkedInpaul@bizbuypro.comKiplinger Today NewsletterConfessions of a MillionaireGobundanceLearn 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 page or contact jenny@aspenhr.comConnect with Acquiring Minds:See past + future interviews on the YouTube channelConnect with host Will Smith on LinkedInFollow Will on TwitterEdited by Anton RohozovProduced by Pam Cameron

Sensing untapped potential, Ville-Matias Vilén bought a sub-million manufacturer with good IP and global distribution.Topics in Ville's interview:Desire to “eat what he kills”1990's Finnish RecessionAversion to solving people problemsAcquiring a cattle brush manufacturerFunding his deal in FinlandPatents as a moatRelocating the manufacturing 5 hours awaySharing ownership with his family's companyGoal to grow 5x in 5 yearsLong-term holdco visionReferences and how to contact Ville:LinkedInFinnEasyDownload the New CEO's Guide to Human Resources from Aspen HR:From this page or contact jenny@aspenhr.comGet a free review of your books & financial ops from System Six (a $500 value):Book a call with Tim or hello@systemsix.com and mention Acquiring MindsLearn more about Walker Deibel's done-with-you buy-side advisory:The Acquisition LabConnect with Acquiring Minds:See past + future interviews on the YouTube channelConnect with host Will Smith on LinkedInFollow Will on TwitterEdited by Anton RohozovProduced by Pam Cameron

Family planning and entrepreneurship converged as Linh & Leo Van Deibel bought their first (and not last) business.Topics in Linh & Leo's interview:Making the case for business acquisitionTaking family planning into accountSearching in the UK as a non-citizenBeing taken seriously as an Asian womanTheir goal of building a holdcoThousands of meetings with sellersSearch is a numbers gameBrutal IVF processGiving up on acquiring SaaSBuying an engineering consulting firmReferences and how to contact Linh & Leo:Linh Van Deibel LinkedInLeo Deibel LinkedInTheir acquisition, Infrastructure Design SolutionsLinh Tran on Acquiring Minds: The Dream Outcome: From $300k to $5m EBITDAGet a complimentary IT audit of your target business:Email Nick Akers at nick@inzotechnologies.com, and tell him you're a searcherLearn 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:See past + future interviews on the YouTube channelConnect with host Will Smith on LinkedInFollow Will on TwitterEdited by Anton RohozovProduced by Pam Cameron

Jacob VosWinkel searched in tertiary markets to find a successful flooring store, his platform to build something big.Register for the webinar:What You're Really Paying: Net Working Capital & Net Debt Explained - TODAY!! - https://bit.ly/49WI4AoTopics in Jacob's interview:Recommending markets of 50k-100k peopleScraping BizBuySell listingsReaching out to 200 potential investorsRaising $1 million equity in 2 weeksAdvantages/disadvantages of searching under 30Moving across the country for the transitionFlying home on weekendsGrowing to reduce customer concentrationHis responsibility to employeesGrowing 50% in 2 yearsReferences and how to contact Jacob:Jacob's YouTube channelFloors GaloreLinkedInJordan Dubin on Acquiring Minds: First Acquisition in March, $200m by Year EndLearn more about Walker Deibel's done-with-you buy-side advisory:The Acquisition LabGet a complimentary IT audit of your target business:Email Nick Akers at nick@inzotechnologies.com, and tell him you're a searcherDownload the New CEO's Guide to Human Resources from Aspen HR:From this page or contact jenny@aspenhr.comConnect with Acquiring Minds:See past + future interviews on the YouTube channelConnect with host Will Smith on LinkedInFollow Will on TwitterEdited by Anton RohozovProduced by Pam Cameron

Phil Koller studied the concentration and key man risks in a distribution business well-suited to him — and went for it.Register for the webinar:From W2 to Owner Mindset: How to Think About Your Take-Home Pay - TODAY!! - https://bit.ly/4r5RsI3Topics in Philip's interview:Preferred working in a small companyHis friend talked him into real estate, then ETAInspired by Rich Dad, Poor DadImportance of having his wife on boardPaused search due to upcoming second childBought Roman Enterprises, an automotive paint distributorInherited exactly 1 employeeDid door-to-door sales to learn marketManaged customer and supplier concentration riskDrew perseverance from grandfather's Holocaust survivalReferences and how to contact Philip:LinkedInRoman EnterprisesBen Jasper on Acquiring Minds: How to Buy a Manufacturer with $1m in Cash FlowJerod Pierce on Acquiring Minds: From SBA Loan to High 8-Figure Exit Download the New CEO's Guide to Human Resources from Aspen HR:From this page or contact jenny@aspenhr.comWork 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:See past + future interviews on the YouTube channelConnect with host Will Smith on LinkedInFollow Will on TwitterEdited by Anton RohozovProduced by Pam Cameron

Adam Vandermyde had to be persuaded to acquire the $15m business that he ultimately professionalized and exited for 7x.Register for the webinar: How to Present Your Deal for Maximum SBA Success - TODAY!! - https://bit.ly/3KW7aWLTopics in Adam's interview:Leaving consulting 2 months from making partnerTaking on the CEO role at the target before closingFocusing on EBITDA over revenueA construction mistake that cost the company dearlyParsing data to understand “margin per labor dollar”Advantages of being in a high-growth geographical areaImproving customer service to stand outExiting after 5 yearsAdrenaline rush of sharing his payday with employeesHow it feels to be a millionaireReferences and how to contact Adam:LinkedInGet a free review of your books & financial ops from System Six (a $500 value):Book a call with Tim or hello@systemsix.com and mention Acquiring MindsLearn 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 AdvisoryConnect with Acquiring Minds:See past + future interviews on the YouTube channelConnect with host Will Smith on LinkedInFollow Will on TwitterEdited by Anton RohozovProduced by Pam Cameron

Former pro bowler Mike Fagan bought a $2m bowling center with a plan to roll up and rejuvenate these legacy businesses.Topics in Mike's interview:His professional bowling careerConnecting with a bowling-specific brokerEconomic role of league bowlersThe decline of bowling in AmericaTraditional bowling vs BowleroBuying a traditional, older bowling alleyRunning leaner to pay down debtEmployee resistance to changeSuccess with online bookingsHis goal of managing remotelyReferences and how to contact Mike:LinkedInTenpins & MoreBowling Alone by Robert D. PutnamCarlo Santelli on Acquiring Minds: ​​How to Buy a $13m Business with No PG, No InvestorsWebinar: Using a Sale-Leaseback to Buy a BusinessLearn more about Walker Deibel's done-with-you buy-side advisory:The Acquisition LabGet a complimentary IT audit of your target business:Email Nick Akers at nick@inzotechnologies.com, and tell him you're a searcherDownload the New CEO's Guide to Human Resources from Aspen HR:From this page or contact mark@aspenhr.comConnect with Acquiring Minds:See past + future interviews on the YouTube channelConnect with host Will Smith on LinkedInFollow Will on TwitterEdited by Anton RohozovProduced by Pam Cameron

Tato Corcoran packed a lifetime of learning (and tears) into 18 months when she left tech & bought a tiny manufacturer.Topics in Tato's interview:Connecting with sellers through direct mailHer “Say yes and figure it out later” approachDifficulty in hiring unskilled laborHow she solved her labor issueBeing a single woman in a male industryLearning Spanish to communicate with her employeesHemorrhaging money the first 8 monthsRaising prices 40% without losing customersThe difference between good growth and bad growthDoubling top line revenueReferences and how to contact Tato:Linkedintatohomes@gmail.comThe direct mail piece Tato used to reach business ownersDownload the New CEO's Guide to Human Resources from Aspen HR:From this page or contact mark@aspenhr.comWork 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:See past + future interviews on the YouTube channelConnect with host Will Smith on LinkedInFollow Will on Twitter

Respected consumer brands are not common in lower middle market acquisitions, but Philip Hussey and Chenmark bought one.Topics in Philip's interview:Chenmark's acquisition of Thomas MoserLeading a furniture business as a non-craftsmanChenmark's hold-forever intentionWait times for custom, hand-made furnitureLong tenure of craftsmenCommitment to world-class qualityGetting away from offering discountsBuilding talent through their woodworker schoolRunning a company with a strong legacy behind itDownside to owning your manufacturingReferences and how to contact Philip:LinkedInThos. MoserChenmarkGet a complimentary IT audit of your target business:Email Nick Akers at nick@inzotechnologies.com, and tell him you're a searcherLearn 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 AdvisoryConnect with Acquiring Minds:See past + future interviews on the YouTube channelConnect with host Will Smith on LinkedInFollow Will on TwitterEdited by Anton RohozovProduced by Pam Cameron

Scott Duncan endured brutal ups & downs — and personal depression — during his ownership of a doomed tool & die businessRegister for the webinar: How to Model an Investor-Backed Search Acquisition - TODAY! - https://bit.ly/3XysjZBTopics in Scott's interview:Wishing he had listened to his gutThe risk of EBITDA (vs. revenue) concentrationManaging highly skilled primadonnas Employee theftLosing key employeesLong sales cycles and fixed quotesForced Covid shutdownRazor and blade business modelFacing aggressive creditorsFiling Chapter 7References and how to contact Scott:LinkedInLearn 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 page or contact mark@aspenhr.comConnect with Acquiring Minds:See past + future interviews on the YouTube channelConnect with host Will Smith on LinkedInFollow Will on TwitterEdited by Anton RohozovProduced by Pam Cameron

Steve Carroll started as an SBA searcher before pivoting to a PE-backed roll-up. It's gone better than he ever expected.Register for the webinars: How to Run the SBA Deal Race - TODAY!! - https://bit.ly/3Xh3WQbHow to Invest In SMBs (Without Buying One Yourself) - Dec 9th - https://bit.ly/44Gylv1Topics in Steve's interview:Experience working for WalMart corporateSearching while working full timeMyth of passive incomeLarge dead deal costs from a failed acquisitionPartnering with his childhood friendUnderestimating working capital needs100-hour weeks away from his familyRapidly scaling through M&ABeware owners who leave quicklyAchieving $1 billion in revenue in 5 yearsReferences and how to contact Steve:LinkedInKelso IndustriesDownload the New CEO's Guide to Human Resources from Aspen HR:From this page or contact mark@aspenhr.comGet a free review of your books & financial ops from System Six (a $500 value):Book a call with Tim or hello@systemsix.com and mention Acquiring MindsLearn more about Walker Deibel's done-with-you buy-side advisory:The Acquisition LabConnect with Acquiring Minds:See past + future interviews on the YouTube channelConnect with host Will Smith on LinkedInFollow Will on TwitterEdited by Anton RohozovProduced by Pam Cameron

Dave Gilbert spent 2 years fixing the model and customer concentration of the $750k SDE family business he bought with SBA debt.Topics in Dave's interview:Leaving tech to buy a white collar businessMeeting with 120 owners while searchingBuying a business he initially passed onRisks of family members as employeesFinancial surprises after the transitionLosing 23% of revenue when clients leftAccountants do not like changeRecruiting top talentImportance of listening to employeesTransferring his zero-to-one skillsReferences and how to contact Dave:ProvenLinkedInGet a complimentary IT audit of your target business:Email Nick Akers at nick@inzotechnologies.com, and tell him you're a searcherLearn 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:See past + future interviews on the YouTube channelConnect with host Will Smith on LinkedInFollow Will on TwitterEdited by Anton RohozovProduced by Pam Cameron

From the acquisition of a tiny refrigeration business, Linh Tran has built an enterprise that earns millions annually.Register for the webinar: What a Good Investor Pitch Looks Like -TODAY!! - https://bit.ly/3LYM4H2Topics in Linh's interview:The "Three Rs" search criteriaBeing an undercover owner for 18 monthsEliminating 70-hour workweeks for his techsStruggling with work-life balanceImplementing value-based pricing80% rule for delegationWhy he doesn't want to exitFostering deep employee loyaltyCorporate philanthropy and legacyWhat money can't buyReferences and how to contact Linh:info@apexfundgroup.comLinkedInApex Fund GroupLearn 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 TeamGet a free review of your books & financial ops from System Six (a $500 value):Book a call with Tim or hello@systemsix.com and mention Acquiring MindsConnect with Acquiring Minds:See past + future interviews on the YouTube channelConnect with host Will Smith on LinkedInFollow Will on TwitterEdited by Anton RohozovProduced by Pam Cameron

After chafing under the constraints of being a CEO, Katherine Butler-Dines & Rahul Desai bought a business of their own.Register for the webinar:Financing Your Deal: SBA vs. Non-SBA - Nov 13th - https://bit.ly/47OQpUATopics in Katherine and Rahul's interview:Katherine's early CEO experienceBoard conflicts pushed her toward majority ownershipAcquiring without a traditional bank loanConvincing the seller to do a seller notePaying the seller note with float from advance bookingsRahul built custom software to increase marginsSearching nights and weekends while at their W-2sAffordability of living in the midwestVision of acquiring and integrating more travel businessesLearning to delegate and enjoying free timeReferences and how to contact Katherine and Rahul:Katherine's LinkedInRahul's LinkedInAffinity Travel Co.Shell Zhang on Acquiring Minds: Buying a Not Boring Business with $600k SDEJared Benoff on Acquiring Minds: Why Buy a Travel Agency (Because They Can Crush It)Get 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:See past + future interviews on the YouTube channelConnect with host Will Smith on LinkedInFollow Will on TwitterEdited by Anton RohozovProduced by Pam Cameron

Clayton Collins acquired HousingWire with a big vision for the small media business. 9 years later, it has come to life.Register for the webinar:Overcoming Risks from a Lender's Perspective -  TODAY! - https://bit.ly/3WxDKAsTopics in Clayton's interview:Hire for your skill gapsFlying around the country to meet investorsAsking for warm introductionsSelling investors on his strategic visionWhat to look for in a media companyDirect relationships with advertisers vs. programmatic adsRebuilding the sales team over and overRiding the wave of the mortgage industryMaintaining the magic of annual eventsSelling print ads differs from selling digital adsReferences and how to contact Clayton:LinkedInHousingWireNathan Gregory on Acquiring Minds: Business-Buyer Fit in a 42-Year-Old Media BizGet a complimentary IT audit of your target business:Email Nick Akers at nick@inzotechnologies.com, and tell him you're a searcherLearn 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:See past + future interviews on the YouTube channelConnect with host Will Smith on LinkedInFollow Will on TwitterEdited by Anton RohozovProduced by Pam Cameron

Ania Aliev was so eager to buy her business, she worked the deal while in labor at the hospital. It's been worth it.Register for the webinar: Tax Issues: Entity and Deal Structuring - Thu Oct 30 - http://bit.ly/43tlhIPTopics in Ania's interview:Rushing to get a deal closed before giving birthUsing her people skills to connect with sellersSearching only in the Eastern USBuying an AED sales and service companyMyths about AEDsFiguring out the best pricing modelLack of competition in the industryDealing with “Mom brain”Willingness to say “I don't know”Stickiness of customersReferences and how to contact Ania:LinkedinLife Support SystemsLearn 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 TeamGet a free review of your books & financial ops from System Six (a $500 value):Book a call with Tim or hello@systemsix.com and mention Acquiring MindsConnect with Acquiring Minds:See past + future interviews on the YouTube channelConnect with host Will Smith on LinkedInFollow Will on TwitterEdited by Anton RohozovProduced by Pam Cameron

Ruchik Gandhi was a diligence CPA when he decided to get in the game himself. Becoming an owner has been an education.Topics in Ruchik's interview:India > Australia > US immigrationDiscovery of the wonders of multiple arbitrageReceiving the deal from another searcherPaying a $20k finder's feeBuying a fabrics and upholstery workroomLearning how to manage a blue-collar workforceMishandling employee relationshipsTaking feedback from his managersEarning the employees' trustHis plan for growth in a fragmented industryReferences and how to contact Ruchik:LinkedInWindow 25Download the New CEO's Guide to Human Resources from Aspen HR:From this page or contact mark@aspenhr.comWork 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:See past + future interviews on the YouTube channelConnect with host Will Smith on LinkedInFollow Will on TwitterEdited by Anton RohozovProduced by Pam Cameron

Acquiring Minds ✓ Claim : Read the notes at at podcastnotes.org. Don't forget to subscribe for free to our newsletter, the top 10 ideas of the week, every Monday --------- Undeterred by self doubt, Danyelle Nys bought a $400k SDE business at a fantastic price. She's grown it 25% in year one.Topics in Danyelle's interview:Working in her family's asphalt businessLearning about ETA from a masterclassHiring a coach for the search processBuying a business for the price of inventory + working capitalThe seller was running it remotelyRaising prices and salaries after acquisitionDealing with an obstinate commercial landlordMoving 14,000 sq ft of inventory to a new warehouseHiring her mom as the bookkeeper“F*** your mood. Follow the plan.”References and how to contact Danyelle:LinkedInDecorus Home StagingKyle Boyden & Jake Furfaro on Acquiring Minds: Stacking Small Acquisitions to $5m in RevenueGet a complimentary IT audit of your target business:Email Nick Akers at nick@inzotechnologies.com, and tell him you're a searcherLearn 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 AdvisoryConnect with Acquiring Minds:See past + future interviews on the YouTube channelConnect with host Will Smith on LinkedInFollow Will on TwitterEdited by Anton RohozovProduced by Pam Cameron

Undeterred by self doubt, Danyelle Nys bought a $400k SDE business at a fantastic price. She's grown it 25% in year one.Topics in Danyelle's interview:Working in her family's asphalt businessLearning about ETA from a masterclassHiring a coach for the search processBuying a business for the price of inventory + working capitalThe seller was running it remotelyRaising prices and salaries after acquisitionDealing with an obstinate commercial landlordMoving 14,000 sq ft of inventory to a new warehouseHiring her mom as the bookkeeper“F*** your mood. Follow the plan.”References and how to contact Danyelle:LinkedInDecorus Home StagingKyle Boyden & Jake Furfaro on Acquiring Minds: Stacking Small Acquisitions to $5m in RevenueGet a complimentary IT audit of your target business:Email Nick Akers at nick@inzotechnologies.com, and tell him you're a searcherLearn 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 AdvisoryConnect with Acquiring Minds:See past + future interviews on the YouTube channelConnect with host Will Smith on LinkedInFollow Will on TwitterEdited by Anton RohozovProduced by Pam Cameron

Nick Keegan owned a struggling software business doing just €1m/yr until an acquisition put it on the path to 9 figures.Register for the webinars: How PACT Simplifies Investor Deals Using SBA - TOMORROW! - https://bit.ly/42jGpB2Tactical EQ to Win Over Sellers and Brokers - Thu Oct 9th - https://bit.ly/48wqcMPTopics in Nick's interview:10 years in the Irish Defense ForcesHis app idea that ultimately failedPivoting his failed business into Mail MetricsSuccessfully competing against larger print companies7 years of slow growthAcquiring 2 large companies simultaneouslyHiring a tutor to teach him basic financeBuying one business in Ireland and one in the UKBorrowing at a very high interest rateIncreasing revenue by $12m in one yearReferences and how to contact Nick:LinkedInMail MetricsLearn more about Walker Deibel's done-with-you buy-side advisory:The Acquisition LabGet a complimentary IT audit of your target business:Email Nick Akers at nick@inzotechnologies.com, and tell him you're a searcherDownload the New CEO's Guide to Human Resources from Aspen HR:From this page or contact mark@aspenhr.comConnect with Acquiring Minds:See past + future interviews on the YouTube channelConnect with host Will Smith on LinkedInFollow Will on TwitterEdited by Anton RohozovProduced by Pam Cameron

Aizik Zimerman bought a home services business to build a consumer brand into his life's work. It seems to be working. Register for the webinar: The ABCs of Franchise M&A: Deal Sourcing, Diligence, and Integration - Thu Oct 2nd -  https://bit.ly/46E2uv8Topics in Aizik's interview:There is endless opportunity in home servicesHis goal of $1 billion in revenueAdvantage of his youthful energyGoing all-in on digital advertisingSmall business = big problemsFounder Mode theoryOrganic growth over acquisitionsYour must earn your right to diversifyWinning on Google with reviewsHiring overseas for auditing and marketingReferences and how to contact Aizik:LinkedInJohn Wilson on Acquiring Minds: Buying Small, Growing Big: From $1m to $26mGet 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:See past + future interviews on the YouTube channelConnect with host Will Smith on LinkedInFollow Will on TwitterEdited by Anton RohozovProduced by Pam Cameron

James Bohannon of family office Belzberg & Co. explains the FO world and its untapped potential for searchers & sponsors.Topics in James's interview:What is a family office?Family office capital sustains private marketsYou may wear jeans, but there are tradeoffsPrivate, insular nature of family officesHow to network with family officesWhen it makes sense to exit to a family officeLong-term holds are a good fitPlaying defense and offense within family officesFamily offices do not need to raise capitalFamily offices may be friendlier to smaller dealsReferences and how to contact James:LinkedInGet a free review of your books & financial ops from System Six (a $500 value):Book a call with Tim or hello@systemsix.com and mention Acquiring MindsLearn 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 AdvisoryConnect with Acquiring Minds:See past + future interviews on the YouTube channelConnect with host Will Smith on LinkedInFollow Will on TwitterEdited by Anton RohozovProduced by Pam Cameron

Register for the webinars: Liquidity Options for Search Investors - Wed Sep 24th - https://bit.ly/41WmQymEmployee Issues & Non-Competes When Buying a Business - TODAY!- https://bit.ly/4nrvvkDMark Anderegg built the largest private daycare business in New England. He loved the model so much he's doing it again. Topics in Mark's interview:Raising a search fund himselfBeing the “world's worst searcher”Acquiring a 16-location childcare networkPressure of running an essential businessThe unsolved staffing conundrumScreening for cultureUnderestimating the cost of new locationsEarning a high-integrity reputationGrowing through acquisitionSelling the business twiceReferences and how to contact Mark:LinkedInLittle SproutsA.J. WassersteinDavid M. DodsonLearn 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 page or contact mark@aspenhr.comConnect with Acquiring Minds:See past + future interviews on the YouTube channelConnect with host Will Smith on LinkedInFollow Will on TwitterEdited by Anton RohozovProduced by Pam Cameron

Register for the webinar: Buyer of Choice Series Pt 1: Building Your Personal Buyer Brand (in a Sea of Searchers) - Thu Sep 11th - https://bit.ly/4pcznI8Jeremy Hunka bought a $2m cabinet business, and year one consumed him. Leadership had to evolve for things to improve.Topics in Jeremy's interview:Buying a business at age 27Rocky first day as ownerLiving 1.5 hours from the businessEmployees wanting him present every dayTaking too long to fire an employeeWatching sales drop dangerously lowFacing resistance from employeesLearning to balance empathy with boundariesHiring a great sales leaderInstalling a CEO to run the day-to-dayReferences and how to contact Jeremy:LinkedInSummit Mountain CoatingsDownload the New CEO's Guide to Human Resources from Aspen HR:From this page or contact mark@aspenhr.comGet a free review of your books & financial ops from System Six (a $500 value):Book a call with Tim or hello@systemsix.com and mention Acquiring MindsLearn more about Walker Deibel's done-with-you buy-side advisory:The Acquisition LabConnect with Acquiring Minds:See past + future interviews on the YouTube channelConnect with host Will Smith on LinkedInFollow Will on TwitterEdited by Anton RohozovProduced by Pam Cameron

Register for the webinar: Love & Leverage: Lessons from Couples Who Acquired Together - TODAY! - https://bit.ly/4mBLyw5Brett Maxam bought a concrete business with high 6 figures of earnings. Despite being a plane ride away, it's gone well.Topics in Brett's interview:His desire to “run the show” after watching acquisitions up closeInvolving his wife as a sounding boardBuying a business a plane ride awayProactively negotiating for a seller note“Shut up and let them do a little more talking”Using ROBS to fund a 30% down paymentGetting a 70% seller note with a sub 3x multiple13-week cashflow forecast is criticalDelegating management to the local teamDeciding whether to grow the business or acquire againReferences and how to contact Brett:LinkedInGet a free review of your books & financial ops from System Six (a $500 value):Book a call with Tim or hello@systemsix.com and mention Acquiring MindsLearn 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 AdvisoryConnect with Acquiring Minds:See past + future interviews on the YouTube channelConnect with host Will Smith on LinkedInFollow Will on TwitterEdited by Anton RohozovProduced by Pam Cameron

About fall conferences: Southeast Entrepreneurship through Acquisition Conference2025 Buy Then Build SummitMcguireWoods Independent Sponsor ConferenceM &A Launchpad's Fall Show (use ACQUIRINGMINDS for a discount)Kyle Boyden & Jake Furfaro bought tiny cleaning companies, five times. While painful, it taught them ops & integration.Topics in Kyle and Jake's interview:Leaving a “cushy sales job” to buy a businessDoing no due diligence on the first acquisitionCons of property managementTrading property management for janitorialBuying very small cleaning businessesLosing faith in SBA loan underwritersEducating sellers about valuationSeller financing on all 7 dealsSupport from previous ownersNo more acquisitions for nowReferences and how to contact Kyle and Jake:Kyle Boyden LinkedInRainier Cleaning SolutionsLearn more about Walker Deibel's done-with-you buy-side advisory:The Acquisition LabGet a complimentary IT audit of your target business:Email Nick Akers at nick@inzotechnologies.com, and tell him you're a searcherDownload the New CEO's Guide to Human Resources from Aspen HR:From this page or contact mark@aspenhr.comConnect with Acquiring Minds:See past + future interviews on the YouTube channelConnect with host Will Smith on LinkedInFollow Will on TwitterEdited by Anton RohozovProduced by Pam Cameron

Register for the webinar:Overcoming Common Deal Sticking Points - Thu Aug 21st - https://bit.ly/4oB4zAkBryan Houck was fatigued of his search and broken deal costs when he finally closed on an award-winning creative agency.Topics in Bryan's interview:Losing everything in a startup at 41Discovering his personal talentsUsing a buy-side advisorUps and downs of searchImportance of meeting the ownerBuying an in-person creative agencyThe “Superbowl winning” team at Extra Credit ProjectsTalking to clients about priceBuying a business at 58The “Stoopid Framework” he inventedReferences and how to contact Bryan:LinkedInExtra Credit ProjectsThe E-Myth Revisited by Michael GerberGet 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 Tim or hello@systemsix.com and mention Acquiring MindsLearn more about Walker Deibel's done-with-you buy-side advisory:The Acquisition LabConnect with Acquiring Minds:See past + future interviews on the YouTube channelConnect with host Will Smith on LinkedInFollow Will on TwitterEdited by Anton RohozovProduced by Pam Cameron

Smithlist 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 BusinessAfter success as a traditional searcher, Eric Calderon started building an industry-focused holding company in 2020.Topics in Eric's interview:Accepting investment from Rick and RoyceAcquiring through traditional searchCommitment to community banksUps and downs of the oil and gas industry“You gotta tell your story to anyone who's listening”Emotional challenges of downsizingShared services vs. decentralizationRecruiting patient capital for a long-term holdWhy $1m SDE is the target size for holdco acquisitionsEvolving from operator to investorReferences and how to contact Eric:LinkedInTXE CapitalRick & Royce on Acquiring Minds: The 2 Professors Who Helped Start the ETA MovementReid PennebakerETA Circle - HoustonGet a free review of your books & financial ops from System Six (a $500 value):Book a call with Tim or hello@systemsix.com and mention Acquiring MindsLearn 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:See past + future interviews on the YouTube channelConnect with host Will Smith on LinkedInFollow Will on TwitterEdited by Anton RohozovProduced by Pam Cameron

Register for the webinar:The "Plant Your Flag" Strategy: Build an Empire with ETA + Franchising - TODAY - https://bit.ly/3UH3w45After years of corporate success, Jesus Wong yearned for something else. When he discovered ETA, he knew he'd found it.Topics in Jesus's interview:Childhood in Mexico and CanadaFamily history of entrepreneurshipBuying a Canadian garment repair businessLow capex, high labor costsStructuring his deal without the SBAMitigating the risk of high customer concentrationValue of a high-quality deal teamHigher closing costs in CanadaPaying 5% interest on his loanAnswering the call of entrepreneurshipReferences and how to contact Jesus:LinkedInGear re-StoreVail ResortsPatagoniaScott Walton on Acquiring Minds: Building a $10m Platform from 2 Low-SDE BusinessesAndrew Stordeur on Acquiring Minds: $700k EBITDA with No SBA, No Money DownYan Vinarskiy on Acquiring Minds: From Searcher to Sponsor: How to Buy a $22m BusinessMarc Nzojibwami on Acquiring Minds: The Model for a 3-Way, Long-Term HoldcoHaifeng Hu of Bennett JonesKevin Yu of MNPJoey Tai of Crete CapitalLearn 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 TeamGet a free review of your books & financial ops from System Six (a $500 value):Book a call with Tim or hello@systemsix.com and mention Acquiring MindsConnect with Acquiring Minds:See past + future interviews on the YouTube channelConnect with host Will Smith on LinkedInFollow Will on TwitterEdited by Anton RohozovProduced by Pam Cameron

Smithlist 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 BusinessAnica John bought a print-on-demand business to have more time with her kids without compromising her career ambitions.Topics in Anica's interview:Experience at Amazon, WalMart, and Disney StreamingChoosing entrepreneurship over returning to officeBuying a publishing company for indie authorsHigh capex = moatDiversity of their genres and clientele Resurrecting a dead dealHow DiggyPOD stacks up to Amazon KDPCarefully planning tech upgradesAward-winning customer serviceRunning a business from out of stateReferences and how to contact Anica:LinkedInanica@anicajohn.comDiggyPODrejiggGet 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:See past + future interviews on the YouTube channelConnect with host Will Smith on LinkedInFollow Will on TwitterEdited by Anton RohozovProduced by Pam Cameron

Register for the webinar:Working Capital for SMB Acquisitions - TODAY - https://bit.ly/4kQcGGjAt a low point in life, Raj Kankaria was served papers. But he liked the business and bought a process-serving company. Topics in Raj's interview:From investment banking to process serverWhat he liked about process servingBuying the company from his bossBuilding industry relationshipsWhat TV gets wrong about process servingTechnology in process servingMaking changes on day oneCommunicating unpopular changes to employeesTrading a high salary for ownershipVision for business growthReferences and how to contact Raj:LinkedInLone Star Attorney ServiceGet a free review of your books & financial ops from System Six (a $500 value):Book a call with Tim or hello@systemsix.com and mention Acquiring MindsLearn 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 AdvisoryConnect with Acquiring Minds:See past + future interviews on the YouTube channelConnect with host Will Smith on LinkedInFollow Will on TwitterEdited by Anton RohozovProduced by Pam Cameron

Register for the webinar:Common Legal Diligence Issues (and How to Handle Them) - July 17th - https://bit.ly/4kwHlbwYan Vinarskiy began as a self-funded searcher but shifted his model mid-search when he found a business too big for SBA.Topics in Yan's interview:Using a buy-side broker to search and closeBeing inspired to take on a large dealTrade-offs of independent sponsor economicsBoard dynamics and governanceBuilding a pitch deckRefining his investor pitchHostility from sellers after closeTransforming a toxic company cultureExpanding the business modelManaging 2 separate businessesReferences and how to contact Yan:LinkedInFloorguardCalder CapitalNiklas James on Acquiring Minds: Self-Funded Search vs. Independent SponsorshipMike Okhravi on Acquiring Minds: Doing It His Way: First-Timer Buys 2 at OnceLearn more about Walker Deibel's done-with-you buy-side advisory:The Acquisition LabGet a complimentary IT audit of your target business:Email Nick Akers at nick@inzotechnologies.com, and tell him you're a searcherGet a free review of your books & financial ops from System Six (a $500 value):Book a call with Tim or hello@systemsix.com and mention Acquiring MindsConnect with Acquiring Minds:See past + future interviews on the YouTube channelConnect with host Will Smith on LinkedInFollow Will on TwitterEdited by Anton RohozovProduced by Pam Cameron

Adam Rao took a chance on an exhibit production business that had generated zero revenue in 15 months. It's gone well.Topics in Adam's interview:Discovering impact companiesAcquiring with a business partnerBuying a distressed business during CovidGetting 100% seller financingInheriting an angry, dysfunctional staffA brutal first 9 monthsAcquiring an add-on with an SBA loanHis role as the visionaryAchieving stability by merging companiesReducing waste in a high-waste industryReferences and how to contact Adam:adam.rao@triple20.coLinkedInTriple20Get 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 Tim or hello@systemsix.com and mention Acquiring MindsLearn more about Walker Deibel's done-with-you buy-side advisory:The Acquisition LabConnect with Acquiring Minds:See past + future interviews on the YouTube channelConnect with host Will Smith on LinkedInFollow Will on TwitterEdited by Anton RohozovProduced by Pam Cameron

Register for the webinar:How to Offshore in a Blue Collar Business - July 1st - https://bit.ly/406jR5kMatt Brunnig hired aspiring SMB owner Kevin Peer for special projects, strategy & more at his $3m manufacturing holdco.Topics in Matt & Kevin's interview:Searching for a wife and a businessOvercoming the fear of uncertaintyLocally searching in St. Petersberg, FLLong term payoff of bringing donutsQuickly growing through marketingUsing Pinterest to stoke demand for their productIntroducing the Searcher in Residence conceptTrade-offs and benefits for the SIR and ownerAdditional acquisitions in manufacturingRunning the holdco with TractionReferences and how to contact Matt & Kevin:Matt's LinkedInKevin's LinkedInSunrise Yacht ProductsJJ PlasticsCustom Quality CoversTraction by Gino WickmanKevin's one-pagerGet a complimentary IT audit of your target business:Email Nick Akers at nick@inzotechnologies.com, and tell him you're a searcherLearn 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 AdvisoryConnect with Acquiring Minds:See past + future interviews on the YouTube channelConnect with host Will Smith on LinkedInFollow Will on TwitterEdited by Anton RohozovProduced by Pam Cameron

Register for the webinar:How to Offshore in a Blue Collar Business - July 1st - https://bit.ly/406jR5kA friend pressed Grania Michel to change her search as if she had to close in 4 months. She was under LOI 2 weeks later.Topics in Grania's interview:Operating a business in EcuadorEmotional ups and downs during the search processKeeping her search private in the beginningSending LOIs as quickly as possibleAcquiring a commercial printing business in MiamiManaging the deal process, debt consolidation, and equity structuringTranslating her day one speech to Spanish on the flyLosing key employees after transitionWhy she recommends buying all the accounts payableBuilding a long-term legacy for her daughtersReferences and how to contact Grania:LinkedInAssociated Photo & Imaging Tripp Lawson and Mike McCoy at Viking Mergers Joe Spina and Taylor Gorman at Cullen and DykmanAppleTreeJosh Richman at NewCo RiskAspen HRJared Johnson of First Internet BankSearch Fund CoalitionLearn more about Walker Deibel's done-with-you buy-side advisory:The Acquisition LabGet a complimentary IT audit of your target business:Email Nick Akers at nick@inzotechnologies.com, and tell him you're a searcherDownload the New CEO's Guide to Human Resources from Aspen HR:From this page or contact mark@aspenhr.comConnect with Acquiring Minds:See past + future interviews on the YouTube channelConnect with host Will Smith on LinkedInFollow Will on TwitterEdited by Anton RohozovProduced by Pam Cameron

Register for the webinar:How to Offshore in a Blue Collar Business - July 1st - https://bit.ly/406jR5kWith no PE background, Nick Huber had to learn quickly as he raised money to acquire a fast-growing offshoring agency.Topics in Nick's interview:Origin of the Sweaty Startup guyNick's role in Support Shepherd's growthBackstory of the Support Shepherd dealHow Nick structured incentives to make it worthwhileWhat turned off investorsInbound leads collapsing in year 1Is building a Twitter following worth it?Big changes to the business since acquisitionThe value (or not) of distributionAnnual cost and org chart of Nick's media teamWhy write a bookReferences and how to contact Nick:LinkedInnick@sweatystartup.com Sweaty Startup by Nick HuberSomewhere.comDownload the New CEO's Guide to Human Resources from Aspen HR:From this page or contact mark@aspenhr.comGet a free review of your books & financial ops from System Six (a $500 value):Book a call with Tim or hello@systemsix.com and mention Acquiring MindsLearn more about Walker Deibel's done-with-you buy-side advisory:The Acquisition LabConnect with Acquiring Minds:See past + future interviews on the YouTube channelConnect with host Will Smith on LinkedInFollow Will on TwitterEdited by Anton RohozovProduced by Pam Cameron

Register for the webinar:SBA Loans 101 + Program Updates - Jun 12th - https://bit.ly/3FGQIqBSarah Chiles & Matthew Ferguson left careers in VC to buy the only auto repair shop for 35 miles in their native Aspen.Topics in Sarah & Matthew's interview:Backgrounds in engineering and VCPreserving local fabric by buying businessesThe “tackle shop” nature of businesses in small townsSeasonality in a small resort townGaining the respect of employeesVision of a hometown holdcoCrisis management when their operator leftModernizing and restructuring the auto repair businessFinding out what each employee wantsLong-term commitment to Aspen References and how to contact Sarah & Matthew:Sarah's LinkedInMatthew's LinkedInAspen Total AutomotiveShop Fix AcademyAdam Markley on Acquiring Minds: Getting Reps: Helping Others Look at Deals Led to a HoldcoCassi Niekamp on Acquiring Minds: Buying a $1.2m Fencing Business & Earning Trust QuicklyGet a complimentary IT audit of your target business:Email Nick Akers at nick@inzotechnologies.com, and tell him you're a searcherLearn 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:See past + future interviews on the YouTube channelConnect with host Will Smith on LinkedInFollow Will on TwitterEdited by Anton RohozovProducer by Pam Cameron

Register for the webinar:How to Outsource Your Search: Understanding Buy-Side Advisory - Jun 5th - https://bit.ly/44XWwX3JD Hasley bought an upscale frame shop doing $600k. One year later, he's returned all his equity & grown it to $900k.Topics in JD's interview:Finding his business on broker's own websiteBuying a retail frame shopWhy DFW is a great location for a frame shopLearning to do the framing himselfStanding out by answering email quicklyGetting customers to pay in full up front50% growth in the first yearOnline marketing to drive revenueHow frame shops scaleEmpowering employees to implement changeReferences and how to contact JD:LinkedInhasley@uptownframe.comUptown FrameLearn 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 page or contact mark@aspenhr.comConnect with Acquiring Minds:See past + future interviews on the YouTube channelConnect with host Will Smith on LinkedInFollow Will on TwitterEdited by Anton RohozovProduced by Pam Cameron

Register for the webinar:Buy a Business, Not a Fantasy: Addressing This Month's 7 Most Common Buyer Concerns - Wed May 28th - https://bit.ly/43u7otoWhen Julia Hensel decided to pursue entrepreneurship, husband Grant helped her find a remote business with a great team.Topics in Grant & Julia's interview:Julia's background at BCGGrant's many zero-to-one businessesKey lessons learned from failed LOIs Why they avoided SBA loansThe acquisition of Lexigate and what made it the right fitStanding out in a competitive processIs AI destroying SEO?Meeting clients and employees before purchaseTransitioning from BCG to business ownershipLeading a mostly Romanian teamReferences and how to contact Grant & Julia:Julia's LinkedInGrant's LinkedInLexigateNonprofit MegaphoneEntrepreneurial CapitalThe Culture Map by Erin MeyerDownload the New CEO's Guide to Human Resources from Aspen HR:From this page or contact mark@aspenhr.comWork 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:See past + future interviews on the YouTube channelConnect with host Will Smith on LinkedInFollow Will on TwitterEdited by Anton RohozovProduced by Pam Cameron

Register for the webinar:Use an SBA Loan to Start a Roll-Up - TODAY May 22nd - https://bit.ly/4jgfQSYCovid forced Scott Alexander to pivot & rebuild the marketing agency he'd acquired just one year earlier. It worked.Topics in Scott's interview:Buying a digital marketing agencyDisappointment with the sellerUnderstanding customer churnPost-transition surprises with bookkeepingTurning around a bad company cultureWartime CEO vs Peacetime CEORevenue devastated during CovidRebranding and redirecting the companyUsing Facebook for medical salesMarketing Agency 101References and how to contact Scott:LinkedInJason Andrews on Acquiring Minds: How I Bought & Sold a Healthcare Business for 8 FiguresScott@jairusmarketing.comJairus MarketingGet a complimentary IT audit of your target business:Email Nick Akers at nick@inzotechnologies.com, and tell him you're a searcherLearn 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:See past + future interviews on the YouTube channelConnect with host Will Smith on LinkedInFollow Will on TwitterEdited by Anton RohozovProduced by Pam Cameron

Register for the webinar:How to Use a Buy-Side Advisor to Buy a Business - Thu June 5th - https://bit.ly/3H4mduTThe original plan was for Lindsay Buckheit to buy a business. As husband Kevin Black got involved, that plan evolved.Topics in Lindsay and Kevin's interview:Their desire to leave corporate lifeJoining Codie Sanchez's Contrarian CommunityNo deals after 8 months of part-time searchingEnlisting AcquiMatch to help them find a businessClosing on 2 businessesOffering a higher sale price in exchange for a seller noteMitigating key man risk in both businesses Finding a bank to finance their acquisitionsWhy they recommend flat-rate due diligence servicesThe arduous loan application processReferences and how to contact Lindsay & Kevin:Lindsay LinkedInKevin LinkedInCollective Creative OutdoorsHoldsworth & NicholasAcquiMatchCodie SanchezLearn 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 TeamGet a free review of your books & financial ops from System Six (a $500 value):Book a call with Tim or hello@systemsix.com and mention Acquiring MindsConnect with Acquiring Minds:See past + future interviews on the YouTube channelConnect with host Will Smith on LinkedInFollow Will on TwitterEdited by Anton RohozovProduced by Pam Cameron

Register for the webinar:Deal Structuring Under the New SBA Rules - TODAY May 8th - https://bit.ly/4jFLpX2Jason 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:Value of pattern recognition in businessMissing fraud despite $400k of due diligenceTurning around a business with negative EBITDAWhen to fire a top performerFixing a broken work cultureWhy he decided not to sue the sellerHands-on learning in every roleChanging their revenue model during CovidFocusing on cash, culture, and communicationWhy his investors were thrilled with a 2x returnReferences and how to contact Jason:LinkedInJason's partner Olaide LawalFutaleufu PartnersThe Manager's Handbook by David DodsonGet 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 Tim or hello@systemsix.com and mention Acquiring MindsLearn more about Walker Deibel's done-with-you buy-side advisory:The Acquisition LabConnect with Acquiring Minds:See past + future interviews on the YouTube channelConnect with host Will Smith on LinkedInFollow Will on TwitterEdited by Anton RohozovProduced by Pam Cameron

This Med Spa in San Antonio Looks Great—But One Location Might Be Holding It Back...Business Listing - https://www.bizbuysell.com/business-opportunity/leading-multi-site-med-spa-franchise-with-high-margins/2345553/Huge thanks to Connor Groce for bringing this deal to the pod!  Always great having you on, and this one was a masterclass. For more information or to connect with Connor head to connorgroce.com.