The Thrill & Validation of Becoming an Owner
Update: 2024-12-02
Description
Register for the webinar:
• Where Searchers Go Wrong, Part 2 - Thu Dec 12 - https://bit.ly/4f0320C
Michael Johnson started searching in April. Today he's having the time of his life as owner of a $1.2m printing business.
Topics in Michael’s interview:
- Marine Corps experience in Iraq
- Acquiring a vending machine
- Frustration with his W-2 job
- Acquiring a SpeedPro location
- Ups and downs of negotiation and funding
- Frustrating first day as owner
- High demand for printing car wraps
- Empowering employees to be autonomous
- Hiring his wife to work in the business
- What he loves about the franchise model
References and how to contact Michael:
- The one-pager Michael used during outreach
- SpeedPro NW Raleigh
- Dominick Blue on Acquiring Minds: Buying & Growing a Business While Keeping a Day Job
- Jesse Safir on Acquiring Minds: Surviving the Nightmare: Sales Plunge 95%
- Dan Verboski on Acquiring Minds: Candid Reflections on 7 Years of SMB Ownership
- Jarett Berke on Acquiring Minds: When a Restaurant is a Great Business to Buy
- Adam Markley on Acquiring Minds: Getting Reps: Helping Others Look at Deals Led to a Holdco
Get complimentary due diligence on your acquisition's insurance & benefits program:
Learn more about Walker Deibel's done-with-you buy-side advisory:
Work with an SBA broker who focuses exclusively on helping entrepreneurs buy businesses:
Connect with Acquiring Minds:
- See past + future interviews on the YouTube channel
- Connect with host Will Smith on LinkedIn
- Follow Will on Twitter
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