Acquiring Minds

Hiring a General Manager & Buying Business #2

09.21.2023 - By Will SmithPlay

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Shane Ehrsam & Brandon Adams return to discuss hiring a GM, buying business #2, the rewards of SMB life & managing envy.  Topics in Shane’s interview:Most professionally rewarding year of his lifeGratification of making a positive impact on your employeesIntroducing new benefits for employees: 401k, health insurance, bonusesGrowing revenue even after COVID demand recedesNot a “searcher-friendly” businessReality of bumpy revenue in retailOwning a business bought as a stock sale rather than asset saleDealing with envy in searchIdentifying what is important to you in your journey to buy a businessReferences and how to contact Shane:[email protected] Texas TrailersShane’s first appearance on Acquiring Minds: 6 Months to Buy a Business with $1m+ in EBITDATopics in Brandon’s interview:Magic of hiring a GM (when it works)How to decide when it’s time to hire a GMImproving the lives of employeesHow they’ve improved their hiring for blue-collar rolesWhen to buy a second businessProfessionalizing a business “being run like a South Philly pizza shop”Get in the arena and doors will openReferences and how to contact Brandon:[email protected] Dry Ice & Jim's IceBrandon’s first appearance on Acquiring Minds: 6 Months in the Truck: Buying an Ice Delivery BizGet complimentary due diligence on your acquisition's insurance & benefits program:Oberle Risk Strategies - Search Fund TeamGet a complementary pre-acquisition HR & PEO review for your target business:Contact [email protected] or visit Aspen HRConnect with Acquiring Minds:See past + future interviews on the YouTube channelConnect with host Will Smith on LinkedInFollow Will on Twitter

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