logo
episode-header-image
Nov 2024
1h 15m

$6m Business, 3 Minutes From Childhood H...

Will Smith
About this episode

Iris Levine bought a 30-year-old construction firm just steps from the rough Nashville neighborhood where she grew up.

Topics in Iris’s interview:

  • Working 3 jobs to pay for college
  • Background in high-growth startups
  • Forming her own acquisition mastermind group
  • Finding an unlisted business through a broker
  • Buying a porch construction company
  • Putting 5% down without outside investors
  • Choosing to forego a quality of earnings
  • Adding technology for project management
  • Motivation to find work-life flexibility
  • Possibility of expanding their offerings

References and how to contact Iris:

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

Get a free review of your books & financial ops from System Six (a $500 value):

Get a complimentary IT audit of your target business:

Connect with Acquiring Minds:

Up next
Oct 9
Trades Over Tech: Buying an Appliance Repair Business
Brian Seeling sought a blue-collar business with a good manager in place. He found exactly that — with $2.6m in revenue.Register for the webinar: Tactical EQ to Win Over Sellers and Brokers - TODAY! - https://bit.ly/46MlUhCTopics in Brian’s interview:Being an entrepreneurial kidM ... Show More
1h 10m
Oct 6
Acquisition Unlock: €210m in 5 Years
Nick Keegan owned a struggling software business doing just €1m/yr until an acquisition put it on the path to 9 figures.Register for the webinars: How PACT Simplifies Investor Deals Using SBA - TOMORROW! - https://bit.ly/42jGpB2Tactical EQ to Win Over Sellers and Brokers - Thu Oc ... Show More
1h 28m
Oct 2
$60m Roll-Up That Started With an SBA Acquisition
Onu Okebie and Brian Boland wanted to retain 100% ownership when they began, so they used an SBA loan. It has paid off.Register for the webinars: The ABCs of Franchise M&A: Deal Sourcing, Diligence, and Integration - TODAY! - https://bit.ly/481yThOHow PACT Simplifies Investor Dea ... Show More
1h 29m
Recommended Episodes
Sep 16
$12 Million Exit... Did He Just Get Lucky?
Thinking about selling your company? 24 founders told us what really happens after the wire hits. — https://joinhampton.com/exit-reportDonald Spann built a multi-million dollar call center from scratch — with no outside capital, no technical background, and no safety net. Even cr ... Show More
34m 20s
Feb 2025
"I Fast-Forwarded My Life 10 Years”: How Geo-Arbitrage 3X’d My Wealth and Changed My Life
What if you could fast-forward your financial goals by ten years just by moving abroad? That’s exactly what entrepreneur Rob Hoffman did when he relocated to Colombia, where his $3M net worth stretches as if it’s $9M. Rob, a member of the Hampton community, shares how he built a ... Show More
32m 6s
Feb 2025
I Made $50M Buying & Running Boring Businesses
Episode 681: Sam Parr ( https://x.com/theSamParr ) and Shaan Puri ( https://x.com/ShaanVP ) talk to Brent Beshore ( https://x.com/BrentBeshore ) about buying profitable businesses. —Show Notes: (0:00) $50K/yr to 9 figures(6:04) Accidentally buying a $1M business for $0(11:06) Jus ... Show More
1h 1m
Apr 2025
#806: How Rich Barton Built Expedia and Zillow from $0 to $35B — Audacious Goals, Provocation Marketing, Scrabble for Naming, and Powerful Daily Rituals
Rich Barton is the co-founder and co-executive chairman of Zillow, a company transforming how people buy, sell, rent, and finance homes. Before Zillow, Rich founded Expedia within Microsoft in 1994 and successfully spun the company off as a public company in 1999. He served as pr ... Show More
2h 25m
Aug 13
From $4/Hour to $4 Billion Net Worth
Want to build your own million dollar side hustle? Get 700+ prompts here: https://clickhubspot.com/cdw Episode 734: Shaan Puri ( https://x.com/ShaanVP ) sits down with billionaire Hayes Barnard for a rare interview. TeamWater is now live! $1 = 1 year of clean water for someone in ... Show More
1h 39m
Feb 2025
Building a network of mentors, with Cadre’s Ryan Williams
Ryan Williams thinks it should be easier to invest in real estate. He founded Cadre in 2014 to address this problem, and scaled it to impressive heights before an acquisition last year that sources say was valued at north of one billion dollars, combined. Williams talks with host ... Show More
30m 27s
May 2023
510 Doors and 1.3 Million in Annual Cash-Flow at 28 Years Old w/ Farris Gosea (Replay)
Farris Gosea is a Multifamily Investor and Commercial Broker out of northwest Indiana. Today we talk about how he created MASSIVE levels of cash flow in under 5 years! Farris Gosea is the founder and CEO of Rothstone Capital Group. He has extensive experience in the residential a ... Show More
46m 11s
Oct 6
Pressbox and Tide Cleaners: Vijen Patel. The $1.99 Gamble That Built a National Brand
What if the best startup isn’t sexy at all? In 2013, Vijen Patel left private equity to pursue “the least-worst idea”: dry cleaning. No patents. No app wizardry. Just laundry lockers in high-rises, ruthless unit economics, and a $1.99-a-shirt price that was seared into America’s ... Show More
1h 6m
Sep 15
Nirav Tolia: Nextdoor. How neighborhood chatter went global
Many of us don’t know our neighbors anymore — and Nirav Tolia wanted to change that. He walked away from millions in stock options at Yahoo and eventually co-founded Nextdoor, the hyperlocal social network where neighbors share local news and recommendations. Along the way, he le ... Show More
1h 8m
May 2021
010: Making an EXTRA $50K a Month | How to Scale Your Side Hustle
Meet Patryk Gawlak. Growing up, Patryk has always had some type of side hustle to make cash. So, when his mom started a business, he decided to help her. Their cleaning service heavily relied on word-of-mouth marketing and solo-operations. And looking at the local services in the ... Show More
37m 50s