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Apr 2024
1h 44m

The Gritty, High-Capex Road to Millions

Will Smith
About this episode

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:

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