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Acquiring Minds
Will Smith
412 episodes
1 day 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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When a $2.8m Acquisition Is More Like Zero-to-One
Acquiring Minds
1 hour 15 minutes
1 day ago
When a $2.8m Acquisition Is More Like Zero-to-One

Dave Gilbert spent 2 years fixing the model and customer concentration of the $750k SDE family business he bought with SBA debt.

Topics in Dave’s interview:

  • Leaving tech to buy a white collar business
  • Meeting with 120 owners while searching
  • Buying a business he initially passed on
  • Risks of family members as employees
  • Financial surprises after the transition
  • Losing 23% of revenue when clients left
  • Accountants do not like change
  • Recruiting top talent
  • Importance of listening to employees
  • Transferring his zero-to-one skills

References and how to contact Dave:

  • Proven
  • LinkedIn

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 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