Acquiring Minds cover art

Acquiring Minds

Acquiring Minds

By: Will Smith
Listen for free

About this listen

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.co2021 - 2023, Acquiring Minds Economics Leadership Management & Leadership Personal Finance
Episodes
  • The Joy & Pain of Buying a Tech Business
    Sep 1 2025

    Register for the webinar:

    • Love & Leverage: Lessons from Couples Who Acquired Together - Thu Sep 4th - https://bit.ly/47PpZ6L

    Felipe Corcuera bought an automation company that didn't offer AI. Since ChatGPT was released, he has had to adapt.

    Topics in Felipe’s interview:

    • Imperfect information in the lower middle market
    • Pivoting from investing to operating
    • Finding a partner with complementary strengths
    • How he defines success during search
    • AI threats to traditional SaaS businesses
    • Testing for seller motivation
    • Valuation based on revenue
    • Aggressively reinvesting in the business
    • Pros and cons of being an AI company
    • Economics of sharing deals for a finder’s fee

    References and how to contact Felipe:

    • LinkedIn
    • Beecker
    • Relay Investments

    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

    Show More Show Less
    1 hr and 43 mins
  • $2 Million of Fun: Big Margins in Play Centers
    Aug 28 2025

    About fall conferences:

    • Southeast Entrepreneurship through Acquisition Conference
    • 2025 Buy Then Build Summit
    • McguireWoods Independent Sponsor Conference
    • M &A Launchpad's Fall Show (use ACQUIRINGMINDS for a discount)

    Despite tight search criteria, Daniel Batista found a business that excited him. The eye-popping margins were a bonus.

    Topics in Daniel’s interview:

    • His experience in the film industry
    • Launching a Latino media brand
    • Searching for a fun business
    • Acquiring an indoor playground
    • LA demographics are perfect for this business
    • High initial installation costs but 50% EBITDA margins
    • Candeeland Kids’ unique franchising structure
    • Surprisingly low maintenance costs
    • Teenage hourly labor
    • Adding an arcade to his location

    References and how to contact Daniel:

    • LinkedIn
    • Candeeland Kids Downey
    • Shell Zhang on Acquiring Minds: Awakening to Entrepreneurship to Buy a Not-Boring Business
    • Sam Rosati on Acquiring Minds: How to Shorten Your Search: Big 3, Little 2

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

    • Pioneer Capital Advisory

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

    • Oberle Risk Strategies - Search Fund Team

    Get a free review of your books & financial ops from System Six (a $500 value):

    • Book a call with Tim or hello@systemsix.com and mention Acquiring Minds

    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

    Show More Show Less
    1 hr and 25 mins
  • Stacking Small Acquisitions to $5m in Revenue
    Aug 25 2025

    About fall conferences:

    • Southeast Entrepreneurship through Acquisition Conference
    • 2025 Buy Then Build Summit
    • McguireWoods Independent Sponsor Conference
    • M &A Launchpad's Fall Show (use ACQUIRINGMINDS for a discount)

    Kyle Boyden & Jake Furfaro bought tiny cleaning companies, five times. While painful, it taught them ops & integration.

    Topics in Kyle and Jake’s interview:

    • Leaving a “cushy sales job” to buy a business
    • Doing no due diligence on the first acquisition
    • Cons of property management
    • Trading property management for janitorial
    • Buying very small cleaning businesses
    • Losing faith in SBA loan underwriters
    • Educating sellers about valuation
    • Seller financing on all 7 deals
    • Support from previous owners
    • No more acquisitions for now

    References and how to contact Kyle and Jake:

    • Kyle Boyden LinkedIn
    • Rainier Cleaning Solutions

    Learn more about Walker Deibel's done-with-you buy-side advisory:

    • The Acquisition Lab

    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

    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

    Show More Show Less
    1 hr and 22 mins
No reviews yet
In the spirit of reconciliation, Audible acknowledges the Traditional Custodians of country throughout Australia and their connections to land, sea and community. We pay our respect to their elders past and present and extend that respect to all Aboriginal and Torres Strait Islander peoples today.