AI-powered
podcast player
Listen to all your favourite podcasts with AI-powered features
Acquiring Minds
How to Buy a $13m Business with No PG, No Investors
Jan 13, 2025
Carlo Santelli, an acquisition entrepreneur and owner of Tri-M Industries, shares his journey of buying a $13 million revenue business without traditional financing. He discusses his unique strategies, like sale-leaseback and asset-based lending, that empowered him to secure ownership. Carlo also delves into his transition from finance to entrepreneurship, emphasizing the importance of proprietary deals and maintaining deal momentum. His experiences navigating challenges, learning along the way, and ambitious goals for future acquisitions provide listeners with valuable insights into strategic business ownership.
01:27:32
Episode guests
AI Summary
AI Chapters
Episode notes
Podcast summary created with Snipd AI
Quick takeaways
- Carlo Santelli's unique journey of persistence through education and career setbacks shaped his entrepreneurial mindset and approach to acquisitions.
- The successful acquisition of a $13 million business was achieved through innovative deal structuring, utilizing asset-based lending and sale-leaseback strategies.
Deep dives
Carlo Santelli's Unique Journey
Carlo Santelli’s background reveals a non-traditional path to success in the finance world. After taking three years off after high school, where he worked with a nonprofit and lived in Alaska, he faced rejections before finally gaining acceptance to Columbia University. His persistence played a critical role as he applied three times before being admitted, demonstrating his determination to achieve his educational goals. This unique journey shaped his mindset, preparing him for future challenges in the business world and reinforcing the value of tenacity.
Get the Snipd
podcast app
Unlock the knowledge in podcasts with the podcast player of the future.
AI-powered
Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode
Save any
moment
Hear something you like? Tap your headphones to save it with AI-generated key takeaways
Share
& Export
Send highlights to Twitter, WhatsApp or export them to Notion, Readwise & more
AI-powered
podcast player
Listen to all your favourite podcasts with AI-powered features
Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode