Acquiring Minds

By: Will Smith
  • Summary

  • 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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Episodes
  • How 2 Entrepreneurs are Rolling Up a New Market
    Nov 18 2024

    Register for the webinars:

    • Understanding the Waterfall - Thu Nov 21 - https://bit.ly/3AMj6Fk


    Francisco Del Rio & Diego Silva are 5 acquisitions into a venture to consolidate veterinary practices in Chile & beyond.

    Topics in Francisco & Diego’s interview:

    • Vetting each other before partnering
    • Teaming up to roll up vet clinics in Chile
    • Pitching themselves to clinic owners
    • Searching during strict Covid lockdowns
    • Educating owners about business valuation
    • Understanding the seller’s perspective
    • Making variable compensation work
    • Teaching receptionists to use sales scripts
    • Finding investors and growing the business
    • Vision to expand to neighboring countries

    References and how to contact Francisco & Diego:

    • Diego Silva LinkedIn
    • diego@latamvet.com
    • Francisco del Rio LinkedIn
    • francisco@latamvet.com
    • Latam Vet

    Get a complimentary IT audit of your target business:

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

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

    • The Acquisition Lab

    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
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    1 hr and 46 mins
  • How to Become an Independent Sponsor
    Nov 14 2024

    Register for the webinars:

    • Where Searchers Go Wrong - Thu Nov 14 - https://bit.ly/3O0im2a

    • Legal Office Hours: Understanding the Waterfall - Thu Nov 21 - https://bit.ly/3O3zqo2

    Sam Rosati & partners built the Sunbelt's largest commercial fencing contractor in 3 years. But the origins were modest.

    Topics in Sam’s interview:

    • His background in accounting and law
    • Being inspired by Chenmark and Brent Beshore
    • Acquiring Alpha Dumpsters with his brother
    • Birth of SMBash
    • Origin story of SMB Law
    • How an independent sponsor differs from a self-funded searcher
    • Investing in a commercial fencing business
    • The role of luck in success
    • Acquiring and consolidating fence businesses
    • Partnering with private equity

    References and how to contact Sam:

    • LinkedIn
    • Twitter
    • SMBootcamp
    • Chandler Reed on Acquiring Minds: Boom, Bust, Boom: Buying a Whiplash Business
    • John Hubbard on Acquiring Minds: Why Buy a Small Manufacturing Business? and Time to Sell? Growing EBITDA from $750k to $2m

    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

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

    • Matthias Smith of Pioneer Capital Advisory

    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
    Show More Show Less
    1 hr and 43 mins
  • The 2 Professors Who Helped Start the ETA Movement
    Nov 11 2024

    Register for the webinars:

    • Where Searchers Go Wrong - Thu Nov. 14 - https://bit.ly/40HZtZK

    • Legal Office Hours: Understanding the Waterfall - Thu Nov 24 - https://bit.ly/4hEzVTh


    The story behind "Rick & Royce", who've probably done more to grow entrepreneurship through acquisition than anyone.

    Topics in Rick and Royce’s interview:

    • How they met in academia
    • Growth of their ETA class at Harvard
    • Unexpected success of their book
    • Satisfaction of changing students’ lives
    • Thoughts on their sons searching for businesses
    • Partner/family perspectives on search
    • Value of learning about failed acquisitions
    • How attitudes about small business have transformed
    • Using their podcast to educate about small business
    • Thoughts on pursuing wealth

    References and how to contact Rick and Royce:

    • The book: HBR Guide to Buying a Small Business
    • The podcast: Think Big, Buy Small

    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

    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
    Show More Show Less
    1 hr and 32 mins

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