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Acquiring Minds
Trailer
Bonus
Episode 105
Season 1
6 Months to Buy a Business with $1m+ in EBITDA
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:
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
- shane AT ntxtrailers DOT com
Get complimentary due diligence on your acquisition's insurance & benefits program:
Learn more about Walker Deibel's done-with-you buy-side advisory:
Connect with Acquiring Minds:
- See past + future interviews on the YouTube channel
- Connect with host Will Smith on LinkedIn
- Follow Will on Twitter