logo
episode-header-image
Dec 2024
1h 31m

First-Timer Buys 8-Figure Business 4 Hou...

Will Smith
About this episode

Nick Molina on how he found, acquired, & plans to manage a 275-employee business in Minneapolis from his home in Miami.

Topics in Nick’s interview:

  • Taking his first company public in 1998
  • His unwillingness to retire
  • The tremendous cost of start-ups
  • Which state he won’t do business in
  • Buying a business he doesn’t have to operate
  • Importance of listening in sales
  • Living in Miami while owning a business in Minneapolis
  • What makes a good property management business
  • Using a loan broker 
  • Appeal of keeping a business in his family

References and how to contact Nick:

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

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
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
Jun 30
New Way to Pursue ETA: Searcher-in-Residence
Register for the webinar:How to Offshore in a Blue Collar Business - July 1st - https://bit.ly/406jR5kMatt Brunnig hired aspiring SMB owner Kevin Peer for special projects, strategy & more at his $3m manufacturing holdco.Topics in Matt & Kevin’s interview:Searching for a wife and ... Show More
1h 56m
Recommended Episodes
Mar 2019
We Talk to a Guy Who Bought a Business with an SBA Loan - EP.38
Just as this title says, we talk to guy who bought a business with an SBA loan! Nick Haschka is an entrepreneur and investor who lives in the San Francisco Bay Area, with his wife and two kids. He owns a small business called The Wright Gardner, which is a plantscaping business ( ... Show More
43m 50s
Jul 4
How I Bought a $3.4M Business For $200K
Want Sam's Playbook to Uncover Hidden Business Opportunities? Get it here: https://clickhubspot.com/weo Episode 723: Sam Parr ( https://x.com/theSamParr ) and Shaan Puri ( https://x.com/ShaanVP ) talk to Shaan’s college friend Dan Certner ( https://x.com/youneedbags ) about how h ... Show More
1h 21m
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
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
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
Mar 2025
My Business Has Cash-Flow Issues
Today we’ll hear about: A business owner struggling to cash flow projects A leader wanting to prepare his team for an ownership transition How a business doubled their revenue in one year Dave Ramsey’s advice on handling credit card fees Next Steps 📞 Have a question for the show ... Show More
37m 53s
Apr 2023
How To Invest In Real Estate NOTES (And Build A $150,000,000 Company Around It) w/ Dave Van Horn
Dave Van Horn has raised over $200 million dollars for both notes and commercial real estate. He is President and CEO of PPR Note Co., a holding company that manages several funds for buying, selling, and holding residential mortgages. He is also a co-founder and board member of ... Show More
50m 31s
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 21
Should I Leverage Debt to Speed My Business Growth?
Today we’ll hear about: An owner looking to leverage debt to rapidly expand his business A businesswoman who’s trying to avoid bankruptcy after a costly mistake How customer service defines company success A father hoping to bring his kids into the family business Next Steps: 📞 ... Show More
1h 3m
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