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Started Mid-Career, Grew to $38m in 3 Years
Manage episode 516631236 series 2931927
Shaun Stimpson had worked for two decades before pivoting to buying businesses in a different industry. He's moved fast.
Register for the webinar:
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:
Work with an SBA loan team focused exclusively on helping entrepreneurs buy businesses:
Get a complimentary IT audit of your target business:
- Email Nick Akers at [email protected], and tell him you’re a searcher
Download the New CEO’s Guide to Human Resources from Aspen HR:
- From this page or contact [email protected]
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
407 episodes
Manage episode 516631236 series 2931927
Shaun Stimpson had worked for two decades before pivoting to buying businesses in a different industry. He's moved fast.
Register for the webinar:
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:
Work with an SBA loan team focused exclusively on helping entrepreneurs buy businesses:
Get a complimentary IT audit of your target business:
- Email Nick Akers at [email protected], and tell him you’re a searcher
Download the New CEO’s Guide to Human Resources from Aspen HR:
- From this page or contact [email protected]
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
407 episodes
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