logo
episode-header-image
Mar 2025
1h 20m

Deciding to Start, Not Buy, a Small Busi...

Will Smith
About this episode

Initially drawn to buying a business, Kevin Moyer instead decided to start a project-based blue collar business instead.

Topics in Kevin’s interview:

  • Is the franchise fee worth it?
  • Buying 3 de novo Smash My Trash territories
  • His appreciation for reversible decisions
  • A small business is an extension of the owner
  • Recurring revenue is overrated
  • Simple is nice, but complexity is a moat
  • Starting a business with his friend
  • Advantages of having a business partner
  • Resiliency of physical world businesses
  • Simplicity of a binary outcome business

References and how to contact Kevin:

Get complimentary due diligence on your acquisition's insurance & benefits program:

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

Get a complimentary IT audit of your target business:

Get $200 off your ticket to the M&A Launchpad Conference in Houston on May 3rd:

Smithlist is a job board for leadership roles at small businesses. If you're not ready to buy a business but want to lead one:

Connect with Acquiring Minds:

Edited by Anton Rohozov
Produced by Pam Cameron

Up next
Today
When a $2.8m Acquisition Is More Like Zero-to-One
<p>Dave Gilbert spent 2 years fixing the model and customer concentration of the $750k SDE family business he bought with SBA debt.</p><p>Topics in Dave’s interview:</p><ul><li>Leaving tech to buy a white collar business</li><li>Meeting with 120 owners while searching</li><li>Buy ... Show More
1h 15m
Nov 24
When to Buy a Large Consumer Business
<p>Taylor Mattingly found high-quality revenue in an unusual and sizable B2C business that he happened to be a customer of.</p><p>Topics in Taylor’s interview:</p><ul><li>Being Co-CEO with his best friend</li><li>Buying a business he was a customer of</li><li>Acquiring a business ... Show More
1h 21m
Nov 20
The Dream Outcome: From $300k to $5m EBITDA
<p>From the acquisition of a tiny refrigeration business, Linh Tran has built an enterprise that earns millions annually.</p><p>Register for the webinar: </p><ul><li><a href="https://bit.ly/3LYM4H2">What a Good Investor Pitch Looks Like</a> -TODAY!! - https://bit.ly/3LYM4H2</li>< ... Show More
1h 53m
Recommended Episodes
Jul 2024
What To Do When Your Operator QUITS The DAY AFTER You Buy A Small Business w/ Jordan Griffie
<p>Jordan Griffie, a member of Action Academy, shares in full detail how to execute and overcome roadblocks for a successful business ownership transition, as well as giving powerful advice on how to effectively acquire and manage multiple businesses.<br/><br/>Get in touch with J ... Show More
54 m
Apr 2024
The Do's And Don'ts Of Small Business Buying (From A Business Broker) w/ Ryan Condie
<p>Ryan Condie has bought and sold 8 companies over the last few years and is an active practicing business broker! He runs the podcast &quot;Let&apos;s Buy A Business&quot;<br/><br/>You can find more about Ryan here:<br/><a href='https://podcasts.apple.com/pe/podcast/lets-buy-a- ... Show More
40m 45s
Oct 14
He Sold for $200M – Then Watched the Business Implode
Stop making million dollar decisions alone. Hampton gives you a personal board of eight vetted founders in your city who meet monthly to tackle your hardest problems. Find your group: joinhampton.comKory Mitchell built a blue collar asbestos business and sold it for $200M. When h ... Show More
36m 16s
Feb 2025
666. Why Growing a Product Business in 2025 Is Harder—And How to Make It Easier
Welcome back, Product Bosses! If you’ve been trying to grow your product business on your own, struggling with trial and error, and feeling stuck, I see you. The truth is, most product-based business owners spend years trying to figure things out, wasting time and energy when the ... Show More
23m 19s
Nov 12
353: What High Performing Business Owners Do Differently Whether You Are Starting A Business Or Side Hustle, A Solopreneur, Entrepreneur, Mompreneur, Freelancer Accountant Bookkeeper Or Self-Employed
<p>As a business owner, you want to maximize your potential, both in your finances and in your personal growth.  Learning how to invest in yourself so that you can become a better business owner is essential to not only your growth but the growth of your business as well.  When y ... Show More
14m 14s
Sep 3
Why Most People Should NOT Buy a Small Business (And How to Know if You’re Different)
<p>Link for tonights Webinar 7 PM EST: https://us02web.zoom.us/webinar/register/5717564974898/WN_2t5hejWaQ-Smpw-p3GbIEQ</p><p><b>Want To Quit Your Job In The Next 6-18 Months Through Buying Commercial Real Estate &amp; Small Businesses?</b> 👔🏝️ Schedule A <a href='https://actio ... Show More
16m 20s
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  📞 ... Show More
35m 53s
Nov 10
352: The Secret To Feeling Grounded In Uncertain Times Whether You Are Starting A Business Or Side Hustle, A Solopreneur, Entrepreneur, Accountant, Freelancer, Bookkeeper, VA, Owner, Or Self-Employed
<p>Have you ever had one of those weeks where it feels like everything is happening “to” you?  It could be clients emailing you nonstop, deadlines stacking up, and one unexpected situation after another leaving you feeling like you don’t have any control in your life?  If you’re ... Show More
5m 33s
Nov 5
351: The Ripple Effect Of Burnout In Your Life Whether You Are Starting A Business Or Side Hustle, A Solopreneur, Entrepreneur, Mompreneur, Freelancer, Accountant, Bookkeeper, Owner, Or Self-Employed
<p>We need to bridge the world of business ownership or your career with your personal development.  Taking the time to navigate the complexities of being a business owner or having a career while finding balance in your life is important, but when we start to add the complicatio ... Show More
12m 30s
Sep 8
I’m Nervous to Share My Financials With My Leadership Team
Today, we’ll hear about: • A businessman wondering if he should share his financials with his leadership team • A butcher looking to increase cash flow in his business • Why hiring someone quickly is not a smart move • A business owner unsure whether his company should hire an HR ... Show More
40m 7s