From 16 Years in Corporate to a $1m SDE Acquisition

August 11, 2025
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I

magine you're an ourdoorsy person, and you invest in an expensive parka from one of the big outdoor brands.

That parka may come with a lifetime warranty, allowing you to send it in to the manufacturer for free repair if, for example, you tear it.

Well, repairing those parkas, as opposed to making them, is probably not the brand's core competency.

So they may direct your coat to a third party to actually execute the repair.

Yes, there is a whole business whose service is repairing warrantied garments for high-end outdoor brands.

Jesus and team in front of the door's company
Jesus and part of his team

And today's guest bought said business.

After 16 years in corporate, and nearing 40 years old, Jesus Wong felt a yearning to build something for himself.

He explored how he would become an entrepreneur, and when he learned about entrepreneurship through acquisition, it was a Eureka moment.

Jesus's words: "I just found this wonderful world of ETA and was immediately sold on the idea."

Jesus is based in Vancouver, and we unpack how he financed the acquisition without the benefit of an SBA loan that we have here in the US. So listen for that segment, those of you who need or want to buy a business without an SBA loan.

OK, please enjoy this conversation with Jesus Wong, owner of Gear re-Store.

Read MoreStories

From 16 Years in Corporate to a $1m SDE Acquisition

After years of corporate success, Jesus Wong yearned for something else. When he discovered ETA, he knew he'd found it.

Key Takeaways

Introduction

Listen to the introduction from the host
I

magine you're an ourdoorsy person, and you invest in an expensive parka from one of the big outdoor brands.

That parka may come with a lifetime warranty, allowing you to send it in to the manufacturer for free repair if, for example, you tear it.

Well, repairing those parkas, as opposed to making them, is probably not the brand's core competency.

So they may direct your coat to a third party to actually execute the repair.

Yes, there is a whole business whose service is repairing warrantied garments for high-end outdoor brands.

Jesus and team in front of the door's company
Jesus and part of his team

And today's guest bought said business.

After 16 years in corporate, and nearing 40 years old, Jesus Wong felt a yearning to build something for himself.

He explored how he would become an entrepreneur, and when he learned about entrepreneurship through acquisition, it was a Eureka moment.

Jesus's words: "I just found this wonderful world of ETA and was immediately sold on the idea."

Jesus is based in Vancouver, and we unpack how he financed the acquisition without the benefit of an SBA loan that we have here in the US. So listen for that segment, those of you who need or want to buy a business without an SBA loan.

OK, please enjoy this conversation with Jesus Wong, owner of Gear re-Store.

About

Jesus Wong

Jesus Wong
Jesus Wong

Show Notes

Episode Transcript

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