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
Today
From Sales Freefall to $1.2m/Month
By reconceiving the paint dealership he bought as a marketing & sales organization, Ryan Adams pushed it to new heights.Topics in Ryan’s interview:Transferring from military to businessFocusing on selling one serviceUnderestimating working capital needsThe business tanked after a ... Show More
1h 31m
Jul 7
Reviving a Covid-Crushed Business: $0 to $6M in 3 Years
Adam Rao took a chance on an exhibit production business that had generated zero revenue in 15 months. It's gone well.Topics in Adam’s interview:Discovering impact companiesAcquiring with a business partnerBuying a distressed business during CovidGetting 100% seller financingInhe ... Show More
1h 21m
Jul 3
Scaling a Tiny Acquisition to a PE-Backed Exit
Phil Miller turned a tiny pet shop doing $100k in sales into a regional pet boarding brand — and the ideal PE platform.Topics in Phil’s interview:Pivoting from real estate to the pet industrySlow renovation creating a financial messDelegation is the key to growthThe real cost of ... Show More
1h 50m
Recommended Episodes
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
Oct 2024
“I’m worth about $3 billion” What Happens When You DON’T Sell Your Business
What happens when you don’t sell your company and keep growing it for decades? For Oscar, it means you become a billionaire.Oscar bought a company every six weeks for 20 years and now his business is worth about $50 billion. Yet, he still wears $15 t-shirts and lives by the value ... Show More
43m 52s
Jan 2025
Advice Line with Katlin Smith of Simple Mills
Simple Mills founder Katlin Smith joins Guy on the Advice Line to answer questions from three founders about knowing how, when, and where to go “all-in.”First, we meet Scott in Minnesota, who’s looking to revive his beer grain pretzel concept in a more manufacturer-friendly way. ... Show More
49m 52s
Apr 16
#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
Apr 15
How An Online Marketer Raised $100M For His Business | Brian Moran
In this episode of The Wealthy Way podcast, I sit down with Brian Moran, the founder of SamCart, an eCommerce platform that helps business owners sell products, maximize profits, and build long-term customer relationships. We dive into Brian's journey, the birth of SamCart, ... Show More
1h 37m
Jul 1
How Gusto built a $9.5 billion company by identifying a burning problem
Tomer London is the co-founder and Chief Product Officer at Gusto, the payroll and people platform used by over 400,000 businesses. He grew up helping run his dad’s clothing store in Israel — an experience that sparked his mission to build better tools for small business owners. ... Show More
55m 1s
Sep 2024
Meet the Man Who Did Over $4B in Acquisitions - Roland Frasier 💵 EP 86
Roland is a "recovering attorney" and the co-founder and principal of five different companies recognized by Inc. Magazine as some of the fastest-growing in e-commerce, e-learning, real estate, and SaaS sectors. As a serial entrepreneur, he has founded, scaled, or sold more than ... Show More
32m 57s
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
Jul 2024
Advice Line with Brett Schulman of CAVA
CAVA co-founder and CEO Brett Schulman joins Guy on the Advice Line, where they answer questions from three early-stage founders experiencing growing pains as they scale their companies. Today we meet Devin, who’s navigating imposter syndrome as his spiked root beer gets picked u ... Show More
48m 46s