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Acquiring Minds

Acquiring Minds

By: Will Smith
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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
  • Quitting Consulting to Buy a $1m SDE Agency
    May 26 2025

    Register for the webinar:

    • Buy a Business, Not a Fantasy: Addressing This Month’s 7 Most Common Buyer Concerns - Wed May 28th - https://bit.ly/43u7oto

    When Julia Hensel decided to pursue entrepreneurship, husband Grant helped her find a remote business with a great team.

    Topics in Grant & Julia’s interview:

    • Julia’s background at BCG
    • Grant’s many zero-to-one businesses
    • Key lessons learned from failed LOIs
    • Why they avoided SBA loans
    • The acquisition of Lexigate and what made it the right fit
    • Standing out in a competitive process
    • Is AI destroying SEO?
    • Meeting clients and employees before purchase
    • Transitioning from BCG to business ownership
    • Leading a mostly Romanian team

    References and how to contact Grant & Julia:

    • Julia’s LinkedIn
    • Grant’s LinkedIn
    • Lexigate
    • Nonprofit Megaphone
    • Entrepreneurial Capital
    • The Culture Map by Erin Meyer

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

    • From this page or contact mark@aspenhr.com

    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

    Show More Show Less
    1 hr and 28 mins
  • Rebuilding from 80% Collapse to Mid-7 Figures Revenue
    May 22 2025

    Register for the webinar:

    • Use an SBA Loan to Start a Roll-Up - TODAY May 22nd - https://bit.ly/4jgfQSY

    Covid forced Scott Alexander to pivot & rebuild the marketing agency he'd acquired just one year earlier. It worked.

    Topics in Scott’s interview:

    • Buying a digital marketing agency
    • Disappointment with the seller
    • Understanding customer churn
    • Post-transition surprises with bookkeeping
    • Turning around a bad company culture
    • Wartime CEO vs Peacetime CEO
    • Revenue devastated during Covid
    • Rebranding and redirecting the company
    • Using Facebook for medical sales
    • Marketing Agency 101

    References and how to contact Scott:

    • LinkedIn
    • Jason Andrews on Acquiring Minds: How I Bought & Sold a Healthcare Business for 8 Figures
    • Scott@jairusmarketing.com
    • Jairus Marketing

    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

    Show More Show Less
    1 hr and 44 mins
  • Buying $5m of Revenue with $50k of Equity
    May 19 2025

    Register for the webinar:

    • Use an SBA Loan to Start a Roll-Up - Thu May 22nd - https://bit.ly/4kj566X

    Devin Fitzgerald bought two businesses after one sentence changed his life: It's easier to buy revenue than create it.

    Topics in Devin’s interview:

    • Business is just solving problems
    • It’s easier to buy revenue than create it
    • Losing 8 months to a dead deal
    • Buying 2 declining businesses
    • Turning around a bad work culture
    • Herding sellers to the finish line
    • How the new SBA rules affected his second acquisition
    • Honoring his grandmother’s memory
    • Bringing high energy to work
    • The gift of getting to choose your team

    References and how to contact Devin:

    • LinkedIn
    • RML Service Group

    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

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

    • Pioneer Capital Advisory

    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 11 mins

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