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Acquiring Minds
Will Smith
424 episodes
2 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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Complexity Hides Fragility: Losing a $20m Business
Acquiring Minds
1 hour 33 minutes
1 week ago
Complexity Hides Fragility: Losing a $20m Business

Joe Odell and his partner acquired a business with over $4m in earnings and lots of green flags. It went sideways fast.

Register for the webinar: 

  • How to Present Your Deal for Maximum SBA Success - Jan 8th - https://bit.ly/4snUKHY

Topics in Joe’s interview:

  • His blue collar, military background
  • Volunteering without pay for a consulting company
  • Ultimately rejecting the tech industry
  • Finding his search partner at business school
  • Seeking out a complex business
  • Doing traditional search, on his wife’s advice
  • Acquiring a home health adjacent company
  • Post-close cash crisis
  • Losing a key sales rep
  • Fatal “pen stroke risk”

References and how to contact Joe:

  • LinkedIn

Get a complimentary IT audit of your target business:

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

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

  • From this page or contact mark@aspenhr.com

Get complimentary due diligence on your acquisition's insurance & benefits program:

  • Oberle Risk Strategies - Search Fund Team

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