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Buying Small to Then Buy Larger ($1m SDE)

Buying Small to Then Buy Larger ($1m SDE)

Acquiring Minds · Will Smith

December 31, 20251h 43m

About this episode

The first business Joe Soelberg bought did $400k SDE. The experience and cash flow enabled a second, larger acquisition.Topics in Joe’s interview:Leaving corporate for a chance to manage P&LHis toughest pitch was to his wifeAcquiring a 3D design firmPivoting hard during CovidHiring a manager with a design backgroundAcquiring a branding agencyDifference between branding and marketingRetainer model for recurring revenueOffering less than listing priceHis hand-off relationship with his businessesReferences and how to contact Joe:LinkedInPoint B CommunicationsSONNY+ASHMike Curry on Acquiring Minds: It’s All Your Fault: How to Become CEO of Your AcquisitionJohannes Hock on Acquiring Minds: Buy and 3x a Project Based Business in Just 2 YearsWork with an SBA loan team focused exclusively on helping entrepreneurs buy businesses:Pioneer Capital AdvisoryGet complimentary due diligence on your acquisition's insurance & benefits program:Oberle Risk Strategies - Search Fund TeamGet a free review of your books & financial ops from System Six (a $500 value):Book a call with Tim or [email protected] and mention Acquiring Minds

Connect with Acquiring Minds:See past + future interviews on the YouTube channel

Connect with host Will Smith on LinkedInFollow Will on TwitterEdited by Anton RohozovProduced by Pam Cameron

Topics

entrepreneurshipentrepreneuronline businessSMBacquireacquisition