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After 4 Years of Part-Time Searching, Success

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Manage episode 433093410 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://player.fm/legal.

Will Gano was rewarded for his persistence & vision when he bought an 8-figure, 125-year-old ingredients manufacturer.

Topics in Will Gano’s interview:

  • Getting experience in the food industry
  • Doing outreach while working full time
  • Hiring a buy-side broker to search for him
  • Going through years of “search purgatory”
  • Writing a personal letter with his LOI
  • Buying a food ingredient manufacturer
  • The upside of losing a major client before the transaction
  • Importance of food safety
  • Jumping through hoops for licensing
  • Influence from his late grandfather

References and how to contact Will Gano:

Work with an SBA broker who focuses exclusively on helping entrepreneurs buy businesses:

Get a complementary pre-acquisition HR & PEO review for your target business:

Smithlist is a job board for leadership roles at small businesses. If you're not ready to buy a business but want to lead one:

Connect with Acquiring Minds:

  continue reading

298 episodes

Artwork
iconShare
 
Manage episode 433093410 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://player.fm/legal.

Will Gano was rewarded for his persistence & vision when he bought an 8-figure, 125-year-old ingredients manufacturer.

Topics in Will Gano’s interview:

  • Getting experience in the food industry
  • Doing outreach while working full time
  • Hiring a buy-side broker to search for him
  • Going through years of “search purgatory”
  • Writing a personal letter with his LOI
  • Buying a food ingredient manufacturer
  • The upside of losing a major client before the transaction
  • Importance of food safety
  • Jumping through hoops for licensing
  • Influence from his late grandfather

References and how to contact Will Gano:

Work with an SBA broker who focuses exclusively on helping entrepreneurs buy businesses:

Get a complementary pre-acquisition HR & PEO review for your target business:

Smithlist is a job board for leadership roles at small businesses. If you're not ready to buy a business but want to lead one:

Connect with Acquiring Minds:

  continue reading

298 episodes

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