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Latest / Acquiring Minds

From SBA Loan to High 8-Figure Exit

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Employee Issues & Non-Competes When Buying a Business - Thu Sep 18th - https://bit.ly/4mbU9EI

Jerod Pierce bought an HVAC business with $500k of SDE. Five years later, private equity was desperate to buy him out.

Topics in Jerod’s interview:

Challenging upbringing in foster care

Adaptability as a survival skill

Joining the investment club in college

Getting his MBA from Harvard Business School

Learning about ETA from Rick and Royce

Searching only in Seattle by cold calling

Buying HVAC before it was cool

Value of being there every day

Exiting for $90 million-ish

His…

The skinny

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