Acquiring Minds

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


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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:

  • 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
  • LinkedIn
  • shane AT ntxtrailers DOT com

Get complimentary due diligence on your acquisition's insurance & benefits program:

  • Oberle Risk Strategies - Search Fund Team

Learn more about Walker Deibel's done-with-you buy-side advisory:

  • The Acquisition Lab

Connect with Acquiring Minds:

  • See past + future interviews on the YouTube channel
  • Connect with host Will Smith on LinkedIn
  • Follow Will on Twitter
...more
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Acquiring MindsBy Will Smith

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4.8

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