Acquiring Minds

Rather Than Retire, Buy a Business


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Get $200 off your ticket to the M&A Launchpad Conference in Houston on May 11th:

  • https://www.malaunchpad.com & enter code ACQUIRINGMINDS


At age 63, Maurice Thomas wasn't ready to retire, so he bought an electrical contractor with $1m in earnings instead.

Topics in Maurice’s interview:

  • Buying a business after age 60
  • Learning the right amount of diligence to do before submitting an LOI
  • Importance of a target statement for searchers
  • His values-first approach to business
  • Importance for searchers to “know thyself”
  • Politics and religion in the workplace
  • Gratifying work of coaching employees
  • His succession plan
  • Challenge of hiring lead electricians
  • Creating incentives that align with company goals

References and how to contact Maurice:

Work with an SBA broker who focuses exclusively on helping entrepreneurs buy businesses:

  • Matthias Smith of Pioneer Capital Advisory

Get a complementary pre-acquisition HR & PEO review for your target business:

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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