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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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Why Choose Ownership Over Being a CEO
Acquiring Minds
1 hour 27 minutes
2 weeks ago
Why Choose Ownership Over Being a CEO

After chafing under the constraints of being a CEO, Katherine Butler-Dines & Rahul Desai bought a business of their own.

Register for the webinar:

  • Financing Your Deal: SBA vs. Non-SBA - Nov 13th - https://bit.ly/47OQpUA

Topics in Katherine and Rahul’s interview:

  • Katherine’s early CEO experience
  • Board conflicts pushed her toward majority ownership
  • Acquiring without a traditional bank loan
  • Convincing the seller to do a seller note
  • Paying the seller note with float from advance bookings
  • Rahul built custom software to increase margins
  • Searching nights and weekends while at their W-2s
  • Affordability of living in the midwest
  • Vision of acquiring and integrating more travel businesses
  • Learning to delegate and enjoying free time

References and how to contact Katherine and Rahul:

  • Katherine’s LinkedIn
  • Rahul’s LinkedIn
  • Affinity Travel Co.
  • Shell Zhang on Acquiring Minds: Buying a Not Boring Business with $600k SDE
  • Jared Benoff on Acquiring Minds: Why Buy a Travel Agency (Because They Can Crush It)

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

  • Oberle Risk Strategies - Search Fund Team

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

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