Episode Details
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From SBA Loan to High 8-Figure Exit
Published 1 year ago
Description
Register for the webinar:
- Employee Issues & Non-Competes When Buying a Business - Thu Sep 18th - https://bit.ly/4mbU9EI
Jerod Pierce bought an HVAC business with $500k of SDE. Five years later, private equity was desperate to buy him out.
Topics in Jerod’s interview:
- Challenging upbringing in foster care
- Adaptability as a survival skill
- Joining the investment club in college
- Getting his MBA from Harvard Business School
- Learning about ETA from Rick and Royce
- Searching only in Seattle by cold calling
- Buying HVAC before it was cool
- Value of being there every day
- Exiting for $90 million-ish
- His nightmare second acquisition
References and how to contact Jerod:
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 nick@inzotechnologies.com, and tell him you’re a searcher
Get a free review of your books & financial ops from System Six (a $500 value):
- Book a call with Tim or hello@systemsix.com and mention Acquiring Minds
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