Acquiring Minds

Morli Desai bought an e-commerce brand with an SBA loan. Three years later: liquidation, Chapter 11, and gratitude. Register for the webinars: Equity Financing: From SBA Deals to Independent Sponsors - TODAY!! - https://bit.ly/4r81edB Working Capital: What Buyers Need to Know Before Closing - Tue, Sep 22 - https://bit.ly/4gZWFxh Topics in Morli’s interview: Acquiring a skincare brand Why she felt confident in the company Early red flags she minimized Amazon shipping disaster Rising cost per click 8-12% customer retention rate Unique challenges of ecommerce Negotiating multiple loan deferrals Stress of the personal guarantee Filing subchapter V bankruptcy References and how to contact Morli: LinkedIn Morli’s first Acquiring Minds episode: How to Buy a $4m E-com Business with an SBA Loan Get a complimentary IT audit for acquisition diligence or post-close transition. Visit inzotechnologies.com/eta . Contact Jenny to learn how Engage can run people operations in your acquisition: Jenny Thear: jthear@engagepeo.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 and produced by Pam Cameron

Rob Brooks bought a $1.9m Sarasota HVAC shop, then ignored the advice to wait 90 days before changing it. Register for the webinar: Equity Financing: From SBA Deals to Independent Sponsors - Thu, Sep 17 - https://bit.ly/3VqwuZu Topics in Rob’s interview: Choosing an industry where he had an edge Buying smaller to reduce debt risk Understanding prepaid customer obligations Using ChatGPT to learn HVAC Making changes immediately after acquisition Inheriting a GM and long-tenured employees Digitizing operations and increasing accountability Transforming a blame culture into a problem-solving culture Adding weekly employee training sessions Practicing radical honesty with customers References and how to contact Rob: LinkedIn Gary Air Grant Hensel Jack Carr on Acquiring Minds: Back from the Brink When Everybody Quits Day 1 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 The ecosystem for serious acquisition entrepreneurs—education, capital, community, and post-close support to buy and grow a business: The Acquisition Lab Work with an SBA loan team focused exclusively on helping entrepreneurs buy businesses: Pioneer Capital Advisory 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 and produced by Pam Cameron

Adam Whelchel paid himself instead of the IRS, putting $35k down on an escape room doing $365k with room to grow. Register for the webinar: The Deal I Almost Bought (And Why I Passed) - TODAY!! - https://bit.ly/4hVeKik Topics in Adam’s interview: Built a $1.5M accounting firm Business brokerage opened the acquisition door Wanted a business his daughter could appreciate An escape room caught his attention Fixed costs created massive operating leverage Bought the business for roughly $220K Put about $35K into the deal Business acquisition as a tax strategy Re-engaged customers and local businesses Plans to double capacity to 20% References and how to contact Adam: LinkedIn Axis Accounting & Tax Jeff Homer on Acquiring Minds: 1 Music School to $100m in Revenue Adam’s slides Work with an SBA loan team focused exclusively on helping entrepreneurs buy businesses: Pioneer Capital Advisory Get a complimentary IT audit for acquisition diligence or post-close transition. Visit inzotechnologies.com/eta . Contact Jenny to learn how Engage can run people operations in your acquisition: Jenny Thear: jthear@engagepeo.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 and produced by Pam Cameron

Mike Bourgeois bought an HVAC company bleeding $3m a year, all cash and no SBA, then cut $1.4m of costs in 2 weeks. Register for the webinar: The Deal I Almost Bought (And Why I Passed) - Thu, Sep 10 - https://bit.ly/4zKAGTN Topics in Mike’s interview: Led major Air Force medical practice Found a search partner with complementary skill sets Bet on distressed businesses with liquidation value Found a deal through veteran ETA Slack Speed beat the highest bid Immediately cut $1.4M in annualized expenses Raised gross margins from 7% to 49% Shifted from silos to teamwork Emphasis on ongoing staff training His goal of being a capital allocator/investor References and how to contact Mike: LinkedIn Cardinal Heating & Air Book: The Compounders: From Small Acquisitions to Giant Shareholder Returns The ecosystem for serious acquisition entrepreneurs—education, capital, community, and post-close support to buy and grow a business: The Acquisition Lab 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 and produced by Pam Cameron

Sujith Shankar left 25 years in corporate to buy cash-flowing businesses: a $1.2m repair shop and a $2m body shop. Topics in Sujith interview: How Rivian layoffs changed everything Falling down the Warren Buffett rabbit hole Why auto repair beat real estate Funding a deal without an SBA loan Running a business while keeping a W-2 Winning over skeptical employees after closing Planning a mini Berkshire Hathaway Is EV adoption really a threat? Buying a second business just months later Collision shops vs. repair shops References and how to contact Sujith: LinkedIn The Billionaire Who Wasn’t by Conor O’Clery Edgar Galindo on Acquiring Minds: How 1 SBA Loan Brought Down 2 Businesses Contact Jenny to learn how Engage can run people operations in your acquisition: Jenny Thear: jthear@engagepeo.com Work with an SBA loan team focused exclusively on helping entrepreneurs buy businesses: Pioneer Capital Advisory The ecosystem for serious acquisition entrepreneurs—education, capital, community, and post-close support to buy and grow a business: 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 and produced by Pam Cameron

Courtney and Jonathan Dunn bought a fast-growing SaaS at 3-4x ARR, doubled it, then merged for a life-changing exit. Register for the webinar: Architecture of an Entrepreneurial Roll-Up - TOMORROW!! - https://bit.ly/4gXkwPt Topics in Jonathan & Courtney’s interview: Their background in oil & gas Turning down an offer from Apple Improving their investor pitch Traveling extensively to search Acquiring a niche healthcare software company Using all equity, no debt, for the deal Using an earn-out to resolve valuation disagreements Having a baby during the acquisition process The hire they wish they’d made sooner Advice for couples considering building a business together. References and how to contact Jonathan & Courtney: Jonathan’s LinkedIn Courtney’s LinkedIn Cerbo Ned Tomasevic spelling on Acquiring Minds: How to 4x EBITDA in 3 Years Without Growing Sales 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 Get a complimentary IT audit for acquisition diligence or post-close transition. Visit inzotechnologies.com/eta . 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 and produced by Pam Cameron

Andrew Sova and Alex Clark revived sales at a 40-year-old sign manufacturer, the first acquisition of their holdco. Register for the webinars: New SBA Rules: What Business Buyers Need to Know - TODAY!! - https://bit.ly/4hGNwMi Architecture of an Entrepreneurial Roll-Up - Tue, Sep 1 - https://bit.ly/4qc7dxx Topics in Andrew & Alex’s interview: Meeting at BCG Partnership provided accountability and motivation Looking for direct-impact roles Prioritizing speed with brokered search Their vision to build a holdco Winsor Fireform makes uniquely durable signage Employee growth = key success metric Seller chose buyers based on trust, not price Customers include parks, transit systems, and stadiums Long negotiation over working capital References and how to contact Andrew and Alex: Andrew Sova’s LinkedIn Alex Clark’s LinkedIn Novo Foundry Cayne Crossing Winsor Fireform Pioneer Capital Advisory Get a complimentary IT audit for acquisition diligence or post-close transition. Visit inzotechnologies.com/eta . Contact Jenny to learn how Engage can run people operations in your acquisition: Jenny Thear: jthear@engagepeo.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 and produced by Pam Cameron

Jeff Homer returns with an update: revenue past $100m, a new dance division, and 50% growth expected this year. Register for the webinars: Licenses & Regulatory Issues When Buying a Business - TOMORROW! - https://bit.ly/4ccatTW New SBA Rules: What Business Buyers Need to Know - Thu, Aug 27 - https://bit.ly/4c3b6zj Architecture of an Entrepreneurial Roll-Up - Tue, Sep 1 - https://bit.ly/4zdTbj2 Topics in Jeff’s interview: Building a music school roll-up Scaling through monthly acquisitions Expanding into dance schools Back-office value creation Transitioning from operator to CEO Building middle management Avoiding private equity pitfalls 100x return for early investors Constant travel as CEO Future vision for Ensemble References and how to contact Jeff: LinkedIn Ensemble Jeff’s first appearance on Acquiring Minds: How to Buy 40 Businesses in 4 Years Webinar: Architecture of an Entrepreneurial Roll-Up 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 The ecosystem for serious acquisition entrepreneurs—education, capital, community, and post-close support to buy and grow a business: The Acquisition Lab Work with an SBA loan team focused exclusively on helping entrepreneurs buy businesses: Pioneer Capital Advisory 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 and produced by Pam Cameron

Neil Finneran returns 3 years after buying a business so small it barely paid him a salary — now on pace for $800k. Register for the webinars: Learn to Avoid the #1 Reason Acquisitions Fail - TODAY!! - https://bit.ly/4qg4P9k Licenses & Regulatory Issues When Buying a Business - Tue, Aug 25 - https://bit.ly/4wTADDf Topics in Neil’s interview: Neil’s previous appearance on Acquiring Minds His background in hedge funds Pain of buying small Managing labor and no-shows Implementing a hybrid-pay model for techs The acquisition that tripled his revenue Christmas lights services in the off season Rising customer acquisition costs Barriers to entry in pest control Why his outcome diverged from Jesse Sunquist’s References and how to contact Neil: LinkedIn Mosquito Joe of Andover-Peabody Neil’s first appearance on Acquiring Minds: How to Survive Going from Hedge Funds to SMB Owner Jesse’s most recent appearance on Acquiring Minds: 3 Years, $80k In: An Honest Update Jesse’s first appearance on Acquiring Minds: How to Widen Your Search to Buy a Business Work with an SBA loan team focused exclusively on helping entrepreneurs buy businesses: Pioneer Capital Advisory Get a complimentary IT audit for acquisition diligence or post-close transition. Visit inzotechnologies.com/eta . Contact Jenny to learn how Engage can run people operations in your acquisition: Jenny Thear: jthear@engagepeo.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 and produced by Pam Cameron

Jesse Sunquist put a GM in charge and stepped back to 5 hours a week — proud of the experience, restless about the outcome. Register for the webinar: Learn to Avoid the #1 Reason Acquisitions Fail - Thu, Aug 13 - https://bit.ly/4wPHY6R Topics in Jesse’s interview: Buying a business for flexibility Geographical search in New Jersey Lowering his minimum SDE threshold to $300K Acquiring 2 Mosquito Joe territories His plan to build wealth through franchise roll-ups Modest growth followed by shrink How other owners handle the off-season Taking a W2 with the intent to sell Inability to find a buyer Hiring a great GM to run it References and how to contact Jesse: LinkedIn Mosquito Joe Jesse’s previous interviews on Acquiring Minds: Reflections After 1 Year of Searching Full Time A Reward for Widening Search to $300k SDE Neil Finneran on Acquiring Minds: How to Survive Going from Hedge Funds to SMB Owner The ecosystem for serious acquisition entrepreneurs—education, capital, community, and post-close support to buy and grow a business: The Acquisition Lab 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 and produced by Pam Cameron

Greyson Boerner traded startup life for a 28-year-old niche business — now on pace to grow revenue 50% in year one. Register for the webinar: Learn to Avoid the #1 Reason Acquisitions Fail - TODAY!! - https://bit.ly/4z0fkBx Topics in Greyson’s interview: Founding software startups ETA as a path to stability Getting his education with Acquisition Lab Finding business brokers through Google Maps Uncovered niche church pew restoration business Competitor closure created significant growth opportunity Church visit reinforced acquisition decision Hired bilingual ops manager to bridge communication Stolen truck fiasco Revenue up 50%, margins pressured by investments References and how to contact Greyson: LinkedIn Worship Interiors Group Contact Jenny to learn how Engage can run people operations in your acquisition: Jenny Thear: jthear@engagepeo.com Work with an SBA loan team focused exclusively on helping entrepreneurs buy businesses: Pioneer Capital Advisory Get a complimentary IT audit for acquisition diligence or post-close transition. Visit inzotechnologies.com/eta . 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 and produced by Pam Cameron

Chibunna Chimezie's seller left $15k in the account. His post-acquisition liquidity is the only reason he made it. Register for the webinar: Learn to Avoid the #1 Reason Acquisitions Fail - Thu, Aug 13 - https://bit.ly/4wUCNSY Topics in Chibunna’s interview: His family’s immigration story from Nigeria Interest in how American healthcare works Learning to manage risk in business school Acquiring a service provider for veterans Government shutdown meant no revenue first 2 months Post-acquisition liquidity for the win Challenges veterans face back home Answering the after-hours phone himself His journey from banking to behavioral health Investment from New Majority Capital References and how to contact Chibunna: LinkedIn Veterans Room New Majority Capital 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 The ecosystem for serious acquisition entrepreneurs—education, capital, community, and post-close support to buy and grow a business: 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 and produced by Pam Cameron

Randy Rempp turned around a $17m insurance business as a rookie CEO, then used that track record to raise a search fund. Register for the webinar: The 3 Paths to Franchising for Acquisition Entrepreneurs - TODAY!! - https://bit.ly/4yGEhSe Topics in Randy’s interview: From insurance lawyer to business operator Leading 300 employees at age 29 Why ownership beats being the hired gun Switching to a traditional search fund Investors bet on operators, not deal finders River guides unlock industries and warm introductions Inside the $31 million acquisition structure Why every CEO needs a strong CFO The F-reorg that saved the deal Refinancing to return capital and fuel growth References and how to contact Randy: LinkedIn Meridian Title Corporation Young Presidents Organization (YPO) Get a complimentary IT audit for acquisition diligence or post-close transition. Visit inzotechnologies.com/eta . Contact Jenny to learn how Engage can run people operations in your acquisition: Jenny Thear: jthear@engagepeo.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 and produced by Pam Cameron

Gabriel Cruz Avila bought a $1.4M remodeling business, weathered a divorce and burnout, then sold it two years later. Register for the webinar: The 3 Paths to Franchising for Acquisition Entrepreneurs - Thu, Aug 6 - https://bit.ly/4pY7VOX Topics in Gabriel’s interview: Lessons learned from his dad’s business Getting bored in the oil and gas industry Joining ETA Circle in Houston Leaning on his warehouse management experience Acquiring a tile and marble company Failing to dig deep into historical revenue Using technology to eliminate 2 admin roles Negative working capital in home remodels Going through a divorce Burnout led to selling the business References and how to contact Gabriel: gabriel.cruz.avila@gmail.com LinkedIn Katy Tile & Marble ETA Circle 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 The ecosystem for serious acquisition entrepreneurs—education, capital, community, and post-close support to buy and grow a business: The Acquisition Lab Work with an SBA loan team focused exclusively on helping entrepreneurs buy businesses: Pioneer Capital Advisory 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 and produced by Pam Cameron

Edgar Galindo and his partner bought 2 businesses with SBA loans. Now he's facing the consequences of shuttering both. Topics in Edgar’s interview: Construction background in his family business “Google-funded search” Wanted flexibility to start a family Austin-only geographic search Found partner through Searchfunder First deal: Austin landscaping company Buying a second business within 6 months Making quick changes to the business Undisclosed liabilities and customer-stealing employees Closing both businesses and facing bankruptcy References and how to contact Edgar: LinkedIn 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 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 and produced by Pam Cameron

Raj Mahajan bought a salon software business, tripled it to $11M ARR. Then his biggest customer launched a competitor. Register for the webinar: Tax Issues: Entity and Deal Structuring - TOMORROW!! - https://bit.ly/4frQstm Topics in Raj’s interview: Wanting to move “from coach to quarterback” Buying a niche point-of-sale software company Converting to cloud-based SaaS Growing recurring revenue from $4 to $11 million Establishing a headquarters for the remote company A failed exit to private equity His biggest customer stealing his software Emotional turmoil of Covid + lawsuit Choosing to protect his team Lessons learned from good and bad years References and how to contact Raj: LinkedIn Jaan Capital Lessons for New Operators - 2020 The ecosystem for serious acquisition entrepreneurs—education, capital, community, and post-close support to buy and grow a business: The Acquisition Lab Get a complimentary IT audit for acquisition diligence or post-close transition. Visit inzotechnologies.com/eta . 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 and produced by Pam Cameron

Patrick Beal left tech to buy an HVAC business with 90% seller financing, no SBA. He's on track to hit $3.5m this year. Register for the webinar: Working Capital: One of ETA’s Most Expensive Mistakes - TODAY!! - https://bit.ly/4f8pSGY Topics in Patrick interview: Entrepreneurship in his family Zoom fatigue from remote work Searching in Northeast Ohio Finding a business through his network Meeting with the seller for almost a year Structuring 10% down, 90% seller note Underestimating working capital needs Keeping his W-2 until the business grew Quadrupling revenue in 2 years Working on getting his HVAC license References and how to contact Patrick: LinkedIn Temperature Control Maintenance Linh Tran on Acquiring Minds: The Dream Outcome: From $300k to $5m EBITDA Steve Carroll on Acquiring Minds: ETA Unicorn: $1 Billion in Revenue in 5 Years Download the New CEO’s Guide to Human Resources from Aspen HR: From this page or contact jenny@aspenhr.com Work with an SBA loan team focused exclusively on helping entrepreneurs buy businesses: Pioneer Capital Advisory Get a complimentary IT audit for acquisition diligence or post-close transition. Visit inzotechnologies.com/eta . 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 and produced by Pam Cameron

Brian Jungles bought a $400k direct mail business in Atlanta and skipped SBA by pledging his portfolio as collateral. Register for the webinars: Don't Rush: How to Prepare for a Quality of Earnings Report - TOMORROW! - https://bit.ly/3T4OQOJ Working Capital: One of ETA’s Most Expensive Mistakes - Thu, Jul 23 - https://bit.ly/3T1aELe Topics in Brian’s interview: Leaving his corporate career at Adobe Finding a business through his network Acquiring for $400k cash Getting a personal line of credit through his bank Direct mail is still effective Growth is a lot of work Humbling experience of learning Quickbooks Picture-perfect transition of ownership Learning to translate “corporate speak” “The entrepreneur community all wants to help each other.” References and how to contact Brian: LinkedIn City Publications Atlanta 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 The ecosystem for serious acquisition entrepreneurs—education, capital, community, and post-close support to buy and grow a business: 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 and produced by Pam Cameron

Rob Belk networked his way to "the most caffeinated guy in town" searching for a local business — then found it online. Register for the webinars: From Working IN the Business to ON the Business: How Owners Make the Transition - TODAY!! - https://bit.ly/4aKP3fY Don't Rush: How to Prepare for a Quality of Earnings Report - Tue, Jul 21 - https://bit.ly/4feY1DP Topics in Rob’s interview: Geographic search in the Triad of North Carolina Networking with local business owners Finding a business through Axial Buying a marketing and consumer research agency His choice to stay out of the weeds Bringing in a consultant (maybe too) early How his agency intersects with the trades Structuring a 50% earnout Consensus-based leadership style Finding clients through Substack References and how to contact Rob: LinkedIn Sales Factory Adam Duggins on Acquiring Minds: How to Build a Holdco of 4 Blue Collar Businesses in 10 Years Joe Soelberg on Acquiring Minds: Buying Small to Then Buy Larger $1m SDE Bryan Houck on Acquiring Minds: 4th Time's the Charm: 3 Broken Deals to Buy a Great Business Scott Alexander on Acquiring Minds: Rebuilding from 80% Collapse to Mid 7 Figures Revenue Rob’s 10-page Search Learnings 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 Download the New CEO’s Guide to Human Resources from Aspen HR: From this page or contact jenny@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 and produced by Pam Cameron

Chris Farkas endured a 7-week fetal position moment when he finally found a website bug that had cost him $500k in sales. Register for the webinar: From Working IN the Business to ON the Business: How Owners Make the Transition - Thu, Jul 16 - https://bit.ly/4vRBhk8 Topics in Chris’s interview: Going through Acquisition Lab First deal fell through on Christmas Eve Acquiring an ecommerce business with a warehouse Buying inventory he didn’t want The marketing agencies that hurt his business Business almost tanked due to website glitch Doing $10k in sales per day Hardship of traveling every other week Why he stays off Amazon Make only one change at a time References and how to contact Chris: LinkedIn EmergencyKits.com Russ Hadlock on Acquiring Minds: The Front Lines of a Crisis Dave Richards of Keystone Business Advisors Kalen Foster of Live Oak Bank Get a complimentary IT audit for acquisition diligence or post-close transition. Visit inzotechnologies.com/eta . The ecosystem for serious acquisition entrepreneurs—education, capital, community, and post-close support to buy and grow a business: The Acquisition Lab Work with an SBA loan team focused exclusively on helping entrepreneurs buy businesses: Pioneer Capital Advisory 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 and produced by Pam Cameron