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

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Manage episode 516631236 series 2931927
Content provided by Will Smith. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Will Smith or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://podcastplayer.com/legal.

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:

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

Connect with Acquiring Minds:

Edited by Anton Rohozov
Produced by Pam Cameron

  continue reading

407 episodes

Artwork
iconShare
 
Manage episode 516631236 series 2931927
Content provided by Will Smith. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Will Smith or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://podcastplayer.com/legal.

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:

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

Connect with Acquiring Minds:

Edited by Anton Rohozov
Produced by Pam Cameron

  continue reading

407 episodes

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