Episode Details

Jesse Sunquist put a GM in charge and stepped back to 5 hours a week — proud of the experience, restless about the outcome.

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• Learn to Avoid the #1 Reason Acquisitions Fail - Thu, Aug 13 - https://bit.ly/4wPHY6R

Topics in Jesse’s interview:

• Buying a business for flexibility
• Geographical search in New Jersey
• Lowering his minimum SDE threshold to $300K
• Acquiring 2 Mosquito Joe territories
• His plan to build wealth through franchise roll-ups
• Modest growth followed by shrink
• How other owners handle the off-season
• Taking a W2 with the intent to sell
• Inability to find a buyer
• Hiring a great GM to run it

References and how to contact Jesse:

• LinkedIn
• Mosquito Joe
• Jesse’s previous interviews on Acquiring Minds:
  • Reflections After 1 Year of Searching Full Time
  • A Reward for Widening Search to $300k SDE
• Neil Finneran on Acquiring Minds: How to Survive Going from Hedge Funds to SMB Owner

The ecosystem for serious acquisition entrepreneurs—education, capital, community, and post-close support to buy and grow a business:

• The Acquisition Lab

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• Oberle Risk Strategies - Search Fund Team

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 and produced by Pam Cameron