Acquiring Minds From 16 Years in Corporate to a $1m SDE Acquisition
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Aug 7, 2025 
Jesus Wong, owner of Gear Restore, transitioned from a 16-year corporate career to entrepreneurship by acquiring a Canadian garment repair business. He shares insights from his immigrant background and family history of entrepreneurship. Wong discusses the unique challenges of financing in Canada, including high closing costs and the importance of a strong deal team. He highlights the labor-intensive nature of the repair industry and strategies for managing customer concentration. His journey illustrates how personal growth and determination can lead to successful business ownership.
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Immigrant Background Shapes Resilience
- Jesus Wong grew up in an immigrant family in Mexico with strong entrepreneurial roots.
- He experienced financial hardship early, learning valuable lessons about money and perseverance.
Corporate Exit Fueled by Yearning
- Jesus left a highly rated corporate role after 16 years to pursue entrepreneurship.
- He experienced a strong yearning for entrepreneurship and took over a year to transition out thoughtfully.
Master ETA With Relentless Learning
- Consume extensive content to learn about Entrepreneurship Through Acquisition (ETA).
- Develop a strict, relentless search process with clear SDE and location criteria.
