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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
  • Turning $25k into a $3.2m Exit in Under 4 Years
    Mar 26 2026

    Corey Mullins had worked in the trade over a decade when he bought a tiny, failing HVAC business for its phone number.

    Register for the webinars:

    • What Actually Makes a Good Deal? Patterns from 1,000+ Transactions- TODAY!! - https://bit.ly/4m4gsy5
    • Offshore Talent vs. AI for Business Buyers - Tue, Mar 31 - https://bit.ly/4uW6rXG

    Topics in Corey’s interview:

    • His 20-year career in HVAC
    • Failed buyout of the family business
    • Simultaneous launch and acquisition
    • Buying a truck and a phone number
    • Build-to-sell philosophy
    • Growth through online marketing
    • Waiting too long to hire managers
    • Taking vacations no matter what
    • Evolution of the “Trade Dad”
    • Exiting to private equity in under 4 years

    References and how to contact Corey:

    • completeairquality@gmail.com
    • Cool By Design
    • Patrick Lange
    • Patrick Norris on Acquiring Minds: Buy & Build a Trash Business to a $4.4m Exit

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

    • Pioneer Capital Advisory

    Get a complimentary IT audit of your target business:

    • Email Nick Akers at nick@inzotechnologies.com, and tell him you’re a searcher

    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 27 mins
  • 40% Growth in Year 1 of a Paving Business
    Mar 23 2026

    Eric Donahue quickly grew revenue to $6m thanks to operational enhancements, culture tweaks, and a little good luck.

    Register for the webinar:

    • What Actually Makes a Good Deal? Patterns from 1,000+ Transactions - Thurs March 26th - https://bit.ly/4lT2ajG

    Topics in Eric’s interview:

    • Navy SEAL career and retirement
    • Performing the basics at a high level
    • His tree service side hustle
    • Old school proprietary search
    • Buying an off-market paving company
    • Forgoing SBA for a conventional loan
    • Working in the field to learn the asphalt trade
    • 40% revenue growth in 13 months
    • Splitting his crew to keep the team productive
    • Using his military clearance to win jobs

    References and how to contact Eric:

    • LinkedIn
    • Peninsula Paving
    • Hunter at Hanger Law

    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

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

    • From this page or contact jenny@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 33 mins
  • Leaving Wall Street to Buy a $1m Manufacturing Business
    Mar 19 2026

    After 25 years on The Street, Brian Anderson discovered passion in buying small businesses — despite brutal challenges.

    Register for the webinar:

    • How to Handle Common Employee Issues When Buying a Business - TODAY!! - https://bit.ly/4sa946l

    Topics in Brian’s interview:

    • Career in investment banking/hedge funds
    • Closure of his firm
    • Pursuing small business as an asset class
    • Low multiples are fairly valued
    • Acquiring in manufacturing
    • Learning every operational function himself
    • Acquiring with no debt
    • Being away from his family M-F
    • His big mistake during Covid
    • Selling to his COO

    References and how to contact Brian:

    • LinkedIn
    • His essay on the experience: Deco Manufacturing Summary and Lessons

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

    • From this page or contact jenny@aspenhr.com

    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

    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 31 mins
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