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

268 ratings


More shows like Acquiring Minds

View all
The Twenty Minute VC (20VC): Venture Capital | Startup Funding | The Pitch by Harry Stebbings

The Twenty Minute VC (20VC): Venture Capital | Startup Funding | The Pitch

540 Listeners

The Knowledge Project by Shane Parrish

The Knowledge Project

2,696 Listeners

Founders by David Senra

Founders

2,188 Listeners

Capital Allocators – Inside the Institutional Investment Industry by Ted Seides – Allocator and Asset Management Expert

Capital Allocators – Inside the Institutional Investment Industry

795 Listeners

The Game with Alex Hormozi by Alex Hormozi

The Game with Alex Hormozi

4,486 Listeners

My First Million by Hubspot Media

My First Million

2,666 Listeners

All-In with Chamath, Jason, Sacks & Friedberg by All-In Podcast, LLC

All-In with Chamath, Jason, Sacks & Friedberg

10,224 Listeners

Minds Capital Podcast by Will Smith & Niklas James

Minds Capital Podcast

19 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

251 Listeners

Business Breakdowns by Colossus | Investing & Business Podcasts

Business Breakdowns

356 Listeners

The Startup Ideas Podcast by Greg Isenberg

The Startup Ideas Podcast

212 Listeners

Moneywise by Hampton

Moneywise

646 Listeners

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

The Koerner Office - Business Ideas and Deep Dives with Chris Koerner

259 Listeners

Think Big, Buy Small by Harvard Business School

Think Big, Buy Small

38 Listeners

David Senra by Scicomm Media

David Senra

228 Listeners