Shows / Acquiring Minds
Acquiring Minds
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
Episodes
Acquiring MindsThe Poetry of Buying a Blue Collar Business
Shannon Jones explains how acquisition entrepreneurs should navigate the realities of buying a blue collar business. Themes from Shannon's interview: Killing…
Acquiring MindsWhat You Don’t Understand About Buying a Small Business
Due diligence expert Elliott Holland shares the top things he wishes he’d known when he first started buying businesses. Themes from Elliott's interview…
Acquiring Minds6 Ways Buying a Business Has Changed Since 2016
Nick Haschka shares what's changed in the market since acquiring his first small business in 2016. (Hint: it’s harder.) Themes from Nick's interview: The rise…
Acquiring MindsHow to Buy a Medical Billing Business
Less than a year after acquiring a $1m medical billing business, Curt Neider is already looking for his second deal. Themes from Curt's interview: Buying a…
Acquiring MindsInvesting Like an 1880s Businessman
Key lessons for acquisition entrepreneurs from Andrew Finn, who has grown a service business & acquired SaaS businesses. Themes from Andrew's interview…
Acquiring MindsUsing Investors to Buy a Business with SBA
Don't have the 10-20% cash to buy a business with SBA? Search investor Steve Ressler explains how to attract investors & structure the deal. Themes from…
Acquiring MindsGrowing a Flippa Business to $2 Million
Sales had dropped to zero when Martin Bispels acquired Upper Park Disc Golf. A year later, they are nearing $2 million. Themes from Martin's interview: Buying…
Acquiring MindsHow to Build a Portfolio of Micro SaaS Businesses
Hard-won lessons about buying micro SaaS businesses from Andrew Pierno, who has acquired 3 and plans to buy many more. Themes from Andrew's interview…
Acquiring MindsMaking a Career of Buying Businesses
Pete Seligman stepped off a comfortable corporate path to buy a small business in 2013. He's since acquired 4 more. Themes from Pete's interview: Why Pete…
Acquiring MindsBuying a $1m Coffee Biz After Years of Starting from Scratch
After years of struggling to launch products from scratch, Casey Allen pivoted to buy a $1.7m coffee supplies business. Themes from Casey's interview…
Acquiring MindsTop 3 Pitfalls When Buying an Online Business
Due diligence pro Ahmed Raza on the 3 key things to evaluate when buying a business in e-commerce, SaaS, or content. Themes from Ahmed's interview: 3 things to…
Acquiring MindsWhy Plumbing Companies Make Awesome Acquisitions
Charles Barr just acquired DiMartino Plumbing. He considered HVAC & electrical as well but plumbing was the sweet spot. Themes from Charles’ interview: Buying…
Acquiring MindsBuying an Online Side Hustle (for Less than $5k)
Vivian Chen bought an abandoned online business for almost nothing, then grew it to $5k/mo — while keeping her day job. Themes from Vivian’s episode: Years of…
Acquiring MindsHow to Survive Acquiring a $3.5m Flooring Business
Chris Edwards' first 6 months as new owner has been a “bloody knife fight.” But things are looking up, with the business projected to profit $750k this year…
Acquiring MindsAcquiring an $8m Distressed E-Commerce Biz
Brute Force thrived during COVID, but 2021 hit hard. Sales plunged 60% in one month. Mike Brown bought it to fix it. Themes from Mike’s interview: Why Mike was…
Acquiring MindsBuying a $1.2m Fencing Business & Earning Trust Quickly
Cassi Niekamp didn't know anything about fencing when she acquired Bowden Fence. But she turned this to her advantage. Themes from Cassi’s interview: Bringing…
Acquiring MindsMaking $100k/mo by Buying Websites
Mike Gardon bought websites to be his own boss. His best acquisition does $100k/mo — and he bought it for 5 figures. Themes from Mike’s interview: Why buying a…
Acquiring MindsBuy an E-Commerce Business: Tips from an Aggregator
5 tactics to boost sales of acquired e-commerce businesses — and other insights from e-commerce aggregator TCM Digital. Key themes from Golan's interview…
Acquiring Minds€5m a Year by Acquiring Translation Agencies
How an outsider started with little money and bought 12 translation agencies in 6 years, aiming to reach €5m in revenue. Key themes from Cédric's interview…
Acquiring MindsHow to Build an E-Commerce Acquisition Company
With 6 e-commerce acquisitions and counting, Kelcey Lehrich has built 365 Holdings rapidly over the last 4 years. Key themes from Kelcey's interview…
Acquiring MindsAcquiring a $280k SaaS on MicroAcquire
An early buyer on MicroAcquire, Spencer Scott acquired a SaaS for $280k. He analyzed the deal like a rental property. Key points from Spencer's story: He…
Acquiring MindsBuy a Septic Business & Make $3m ARR
Dan Spracklin acquired a septic pumping business doing $1M annually, then grew it to $3M and margins to 30% in 2 years. Key points from Dan's story: Gray…
Acquiring MindsPivoting to Swag in 7 Acquisitions Over 8 Years
Two brothers took over a 110-year-old business in a stagnating industry. 7 acquisitions later, the future is bright. Key points from Ben's story: Ben Grossman…
Acquiring Minds5 Lessons from Acquiring a $2m Portfolio of Websites
How an online entrepreneur teamed with a family office to acquire & grow a portfolio of 15 websites for over $2 million. Key points from Paul's story: Paul…
Acquiring MindsHow to Buy a Ski Resort (at Age 22)
Rick Schmitz was an inexperienced 22-year-old with no money when he acquired a run-down ski resort and turned it around. Key points from Rick's story: Rick…
Acquiring MindsHow to Buy a Landscaping Business & Boost Profits Quickly
In just 9 months, Mike Botkin decided to acquire a business, negotiated a great deal, and dramatically improved profits. Key points from Mike's story: B & B…
Acquiring MindsHow One Small Acquisition Led to 9 More in 5 Years
Nick Haschka left a Silicon Valley career and bought an office plant service in 2017, then acquired 9 more through 2021. Key points from Nick's story: The…
Acquiring MindsHow to Acquire Your First Business in 3 Months
How first-time acquirer Philippe Vanderhoydonck found a 30-year-old trade media business & bought it in under 3 months. Reach Philippe Vanderhoydonck at…
Acquiring MindsHow to Buy a $800k Clinical Trials Firm & Grow It to $3m
How former management consultant Scott Whitt acquired and grew a small clinical trials business into the millions. Key points from Scott's acquisition: Triad…
Acquiring MindsBuying a Manufacturer for Just the Value of Assets
Tyler Deike bought a small manufacturer for the cost of property & equipment, making the business itself almost free. Key points from Tyler's acquisition…
Acquiring MindsHow to Buy a $2m Dying Business Then Sell It for 5X
Mike Yarmo bought a struggling distributor & turned it into a local powerhouse in a different niche — then sold for 5x. Key points from Mike's acquisition…
Acquiring MindsDoubling Revenue 6 Months after Acquisition
How a 9-month search was rewarded by the discovery of 2 tiny e-commerce companies primed for growth. Key points from Justin's acquisitions: Acquired first…