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The Gritty, High-Capex Road to Millions

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Manage episode 413132955 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.

Reid Tileston bought a business that relied on $800k trucks, capex he came to love for the fat margins they produced.

Topics in Reid’s interview:

  • Working on the business instead of in it
  • Writing a book about acquisition
  • People are the worst and best part of business
  • Power of feedback and relationships for business owners
  • The company’s slow temp-to-hire process
  • Getting his CDL to be hands-on
  • Moving paper processes to the cloud
  • Pros and cons of an Employee Stock Ownership Program
  • Personally testing field service management tech
  • Risks of informing employees of a business sale

References and how to contact Reid:

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

Learn more about Walker Deibel's done-with-you buy-side advisory:

Connect with Acquiring Minds:

  continue reading

280 episodes

Artwork
iconShare
 
Manage episode 413132955 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.

Reid Tileston bought a business that relied on $800k trucks, capex he came to love for the fat margins they produced.

Topics in Reid’s interview:

  • Working on the business instead of in it
  • Writing a book about acquisition
  • People are the worst and best part of business
  • Power of feedback and relationships for business owners
  • The company’s slow temp-to-hire process
  • Getting his CDL to be hands-on
  • Moving paper processes to the cloud
  • Pros and cons of an Employee Stock Ownership Program
  • Personally testing field service management tech
  • Risks of informing employees of a business sale

References and how to contact Reid:

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

Learn more about Walker Deibel's done-with-you buy-side advisory:

Connect with Acquiring Minds:

  continue reading

280 episodes

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