Acquiring Minds

6 Months to Buy a Business with $1m+ in EBITDA

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Nov 29, 2022
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ADVICE

Network Before Launching Search

  • Talk to other searchers before launching to learn from their experience and confirm your commitment.
  • Use peer advice to decide on programs like the Acquisition Lab to accelerate your readiness.
ADVICE

Geographic Focus on Broker Outreach

  • Focus your search geographically if possible to leverage local market knowledge.
  • Build a large list of brokers, including those not based locally but listing businesses in your area.
ANECDOTE

Power of Persistent Cold Calling

  • Shane cold called brokers persistently, calling 20-30 per day to increase engagement.
  • He researched brokers' listings before calling to discuss specific businesses and build rapport.
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