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6 Months to Buy a Business with $1m+ in EBITDA

Podcast |: Acquiring Minds
Publisher |: Will Smith
Media Type |: audio
Podknife tags |: Business,; Entrepreneurship,; Interview,; Investing,; Mergers & Acquisitions
Categories Via RSS |: Business,; Entrepreneurship,; Investing
Publication Date |: Nov 29, 2022
Episode Duration |: 01:25:52

Description
iTunes Summary

Shane Ehrsam went full-time in his search & used systematic broker outreach to buy a great business in his local market.

Topics in Shane's interview:

Why he didn't acquire a franchise resale
Shane's experience in the Acquisition Lab, Walker Deibel's program to buy a business
Why talking to other searchers is so important before beginning your own search
Mechanics of his broker outreach
Importance of cold calling brokers
Buying a business in stock (vs. the more traditional asset purchase)
All about the dealership business
Full standby note — what is it?
Day 1 experience
How being an SMB owner feels different than life in corporate

Links & how to reach Shane:

Acquisition Lab
Episode with Jordan Carter about full-time vs. part-time searching: A Brutal Search Rewarded with Success After 3 Years
Episode with Jesse Sunquist on: Reflections After 1 Year of Searching Full Time
Episode with Doug Johns about building rapport with sellers & brokers: Opening Up to Franchises to Buy a Great Business
Surface area of luck
North Texas Trailers
LinkedIn
shane AT ntxtrailers DOT com

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

Oberle Risk Strategies - Search Fund Team

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