Acquiring Minds

The Secret to $25m Success

4 snips
Jun 26, 2023
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Episode notes
1
Introduction
00:00 • 2min
2
How to Acquire an Existing Business
01:35 • 2min
3
How James Has Grown a Small Business Into One on Track to Do North of 20 Million in Revenue by 2023
03:13 • 2min
4
The Importance of Owning Your Own Business
04:54 • 2min
5
How to Buy a Business and Not Start One From Scratch
06:52 • 2min
6
How to Buy a Business on Biz by Cell
09:15 • 2min
7
How to Find the Right Business for You
11:36 • 3min
8
The Acquisition Lab: A Review
14:47 • 4min
9
How I Found, Liked and Acquired Excel Mechanical Contractors
18:39 • 2min
10
The Risk of Overlooking Customer Concentration
20:26 • 4min
11
How I Mitigated Risk in the Structure of the Deal
24:11 • 2min
12
The SDE of a Business
25:46 • 2min
13
The SBA's Valuation Process
27:55 • 2min
14
The Importance of Customer Concentration
29:30 • 3min
15
Mechanical HVAC and Plumbing for Walgreens and JCPenney
32:30 • 2min
16
How Excel Helped Excel Grow Into a Recurring Service Business
34:20 • 3min
17
The Differences Between Mechanical and Commercial HVAC and Plumbing
36:57 • 2min
18
The Importance of Being Active in Your Business
38:38 • 6min
19
The Importance of Being a Team Player
44:10 • 3min
20
The Importance of Management Layers in a Mechanical and Plumbing Service Business
47:06 • 2min
21
How to Buy a Million Dollar SDE Business
49:26 • 2min
22
How Much Cash Do You Have in Your Business?
51:44 • 2min
23
The Challenges of Buying a Business
53:29 • 2min
24
The Risks of an Equity Deal
55:12 • 2min
25
How to Transition to a New Life
57:34 • 2min
26
How to Balance Work and Personal Life
59:21 • 3min
27
How to Be an Entrepreneur
01:01:58 • 2min
28
The Importance of Cash Flow Management in a Small Business
01:04:02 • 2min
29
The Growth Plan for JCPenney Construction
01:05:48 • 4min
30
The Importance of Customer Care in Competitive Markets
01:09:53 • 4min
31
The Growth of the Construction Business
01:13:42 • 2min
32
The Importance of Customer Care in Blue Collar Businesses
01:16:10 • 2min
33
The Future of Excel
01:18:17 • 2min
34
The Future of Electricity
01:20:28 • 2min
35
The Advantages of Working With the Unions
01:22:14 • 5min
36
How to Grow From 8 to 80 in a Labor Constrained Environment
01:26:54 • 3min
37
The Importance of a Fair Wage
01:29:46 • 4min
38
The Importance of Having Someone With Skin in the Game
01:33:20 • 3min
39
Steve Khalifa's Mechanical Contracting Company
01:36:07 • 2min
40
The Experience of Buying a Commercial HVAC and Plumbing Business and Growing It Like Crazy Over Four Years
01:37:54 • 2min
41
How to Find a Business for Your Wife to Buy
01:39:39 • 2min