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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
Business,
Investing
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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
Business,
Investing
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Buying a $1.6m Business for the Inventory Value
Acquiring Minds
1 hour 21 minutes
1 month ago
Buying a $1.6m Business for the Inventory Value

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 business
  • Learning about ETA from a masterclass
  • Hiring a coach for the search process
  • Buying a business for the price of inventory + working capital
  • The seller was running it remotely
  • Raising prices and salaries after acquisition
  • Dealing with an obstinate commercial landlord
  • Moving 14,000 sq ft of inventory to a new warehouse
  • Hiring her mom as the bookkeeper
  • “F*** your mood. Follow the plan.”

References and how to contact Danyelle:

  • LinkedIn
  • Decorus Home Staging
  • Kyle Boyden & Jake Furfaro on Acquiring Minds: Stacking Small Acquisitions to $5m in Revenue

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

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

  • Pioneer Capital Advisory

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

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