Building Trust as New Owner of a $3m Business

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Acquiring Minds

Will Smith

410 episodes

3 days ago

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

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Entrepreneurship

All content for Acquiring Minds is the property of Will Smith and is served directly from their servers with no modification, redirects, or rehosting. The podcast is not affiliated with or endorsed by Podjoint in any way.

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

Show more...

Entrepreneurship

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Building Trust as New Owner of a $3m Business

Acquiring Minds

1 hour 24 minutes

1 month ago

Building Trust as New Owner of a $3m Business

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 immigration
Discovery of the wonders of multiple arbitrage
Receiving the deal from another searcher
Paying a $20k finder’s fee
Buying a fabrics and upholstery workroom
Learning how to manage a blue-collar workforce
Mishandling employee relationships
Taking feedback from his managers
Earning the employees’ trust
His plan for growth in a fragmented industry

References and how to contact Ruchik:

Download the New CEO’s Guide to Human Resources from Aspen HR:

From this page or contact mark@aspenhr.com

Work with an SBA loan team focused exclusively on helping entrepreneurs buy businesses:

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

Edited by Anton Rohozov
Produced by Pam Cameron