Episode · Acquiring Minds
An Engineer's Mini Berkshire: 2 Auto Shops in 1 Year
3 Sep 2026 · 1 hr 45 min
Episode notes
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…
Podcast
Acquiring Minds
Will Smith · Business · English
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 busines
More from Acquiring Minds All episodes →
-
21 Sep 2026 · 1 hr 31 min
Buying a $12.5m Contractor to Create 1,000 Jobs
Manolo Diaz Corrada came home to Puerto Rico to build for decades and keep the wealth from leaving the island. Register for the webinars: Working Capital: What Buyers Need to Know Before Closing - TOMORROW!! - https://bit.ly/4yJUdSX Protect the Business: How to Diligence Insurance Pre-Close - Thu, Sep 24 - https://bit.ly/4rlZei3 Topics in Manolo’s interview: Building a career across engineering, business, and law Fighting Puerto Rico’s brain drain Launching a self-funded search in a tiny market Why traditional search fund investor passed on Puerto Rico Finding an acquisition through family…
-
17 Sep 2026 · 1 hr 12 min
Losing a $1m SDE Business to Bankruptcy
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…
-
14 Sep 2026 · 1 hr 32 min
$340k to $1.3m of Earnings in 14 Months
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…
-
10 Sep 2026 · 1 hr 7 min
Buy a Business with Your Tax Bill
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…
-
7 Sep 2026 · 1 hr 23 min
First-Timer Buys a $15m Business in Distress
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…
-
31 Aug 2026 · 1 hr 43 min
Right-Tail Outcome for a Husband & Wife Search Fund
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…
-
27 Aug 2026 · 1 hr 58 min
The Ferrari of Signage: $9.5m Pipeline in 6 Months
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…
-
24 Aug 2026 · 1 hr 18 min
40 Schools to 130: The Roll-Up 2 Years Later
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…
-
20 Aug 2026 · 1 hr 2 min
From $700k Purgatory to $3m: A Mosquito Joe Update
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…
-
17 Aug 2026 · 59 min
3 Years, $80k In: An Honest Update
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…
