Acquiring Minds

Started Mid-Career, Grew to $38m in 3 Years


Listen Later

Shaun Stimpson had worked for two decades before pivoting to buying businesses in a different industry. He's moved fast.

Register for the webinar: 

  • Tax Issues: Entity and Deal Structuring - TODAY! - http://bit.ly/47CVZui

Topics in Shaun’s interview:

  • Staying in corporate was the riskier choice
  • Calling 1200 businesses during his search
  • Going back to school to learn more about acquisition
  • Acquiring with his partner, Robert Wolf
  • Raising $6m from outside investors
  • Leaning on his professional network
  • Choosing his investors carefully
  • Acquiring in his mid-40’s
  • Long-term hold strategy
  • Acquiring 3 businesses in succession

References and how to contact Shaun:

  • LinkedIn
  • Mitten Fluidpower
  • FLN-MAR
  • Frank Murken Products

Work with an SBA loan team focused exclusively on helping entrepreneurs buy businesses:

  • Pioneer Capital Advisory

Get a complimentary IT audit of your target business:

Download the New CEO’s Guide to Human Resources from Aspen HR:

Connect with Acquiring Minds:

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

Edited by Anton Rohozov
Produced by Pam Cameron

...more
View all episodesView all episodes
Download on the App Store

Acquiring MindsBy Will Smith

  • 4.8
  • 4.8
  • 4.8
  • 4.8
  • 4.8

4.8

242 ratings


More shows like Acquiring Minds

View all
Invest Like the Best with Patrick O'Shaughnessy by Colossus | Investing & Business Podcasts

Invest Like the Best with Patrick O'Shaughnessy

2,323 Listeners

Built to Sell Radio by John Warrillow

Built to Sell Radio

210 Listeners

Founders by David Senra

Founders

2,112 Listeners

M&A Science by Kison Patel

M&A Science

136 Listeners

The Sweaty Startup by Nick Huber

The Sweaty Startup

368 Listeners

POWERS by Chris Powers

POWERS

494 Listeners

My First Million by Hubspot Media

My First Million

2,641 Listeners

Minds Capital Podcast by Will Smith & Niklas James

Minds Capital Podcast

14 Listeners

Acquisitions Anonymous - #1 for business buying, selling and operating by Bill D'Alessandro, Mills Snell, Heather Endresen, and Michael Girdley

Acquisitions Anonymous - #1 for business buying, selling and operating

247 Listeners

The Private Equity Podcast, by Raw Selection by Alex Rawlings

The Private Equity Podcast, by Raw Selection

32 Listeners

Business Breakdowns by Colossus | Investing & Business Podcasts

Business Breakdowns

352 Listeners

The Startup Ideas Podcast by Greg Isenberg

The Startup Ideas Podcast

205 Listeners

Moneywise by Hampton

Moneywise

652 Listeners

The Koerner Office - Business Ideas and Small Business Deep Dives with Entrepreneurs by Chris Koerner

The Koerner Office - Business Ideas and Small Business Deep Dives with Entrepreneurs

220 Listeners

Think Big, Buy Small by Harvard Business School

Think Big, Buy Small

39 Listeners