Hiring a General Manager & Buying Business #2

September 21, 2023
Listen in Apple Podcasts appListen in SpotifyListen in Apple Podcasts appListen in SpotifyRSS address of the Acquiring Minds podcast feed
I

n today's episode, 2 previous guests make return appearances.

Happily for both guests, things in the businesses they bought are going well.

Shane Ehrsam bought a trailer dealership business with over $1m in SDE.

(See 6 Months to Buy a Business with $1m+ in EBITDA.)

Shane and I discuss, among other things:

  • How this has been the most professionally rewarding year of his life
  • What owning a dealership business is like
  • And (my favorite part) we get personal and open up about dealing with envy in this world of buying businesses & holdcos

Part 2 is with Brandon Adams, who bought an ice delivery business with a partner.

(See 6 Months in the Truck: Buying an Ice Delivery Biz.)

Brandon and his partner set out to build a small business holdco, and that vision looks close to becoming reality.

They've hired a general manager for their ice business, which we spend time on.

And that has enabled them to get a second business under LOI. If it closes, they would officially graduate to holdco status.

Please enjoy these conversations, the first with Shane Ehrsam, owner of North Texas Trailers, the second with Brandon Adams, owner of North Texas Trailers ๐Ÿ‘‡๐Ÿ‘‡๐Ÿ‘‡

Read MoreStories

Hiring a General Manager & Buying Business #2

Shane Ehrsam & Brandon Adams return to discuss hiring a GM, buying business #2, the rewards of SMB life & managing envy.

Key Takeaways

Introduction

Listen to the introduction from the host

n today's episode, 2 previous guests make return appearances.

Happily for both guests, things in the businesses they bought are going well.

Shane Ehrsam bought a trailer dealership business with over $1m in SDE.

(See 6 Months to Buy a Business with $1m+ in EBITDA.)

Shane and I discuss, among other things:

  • How this has been the most professionally rewarding year of his life
  • What owning a dealership business is like
  • And (my favorite part) we get personal and open up about dealing with envy in this world of buying businesses & holdcos

Part 2 is with Brandon Adams, who bought an ice delivery business with a partner.

(See 6 Months in the Truck: Buying an Ice Delivery Biz.)

Brandon and his partner set out to build a small business holdco, and that vision looks close to becoming reality.

They've hired a general manager for their ice business, which we spend time on.

And that has enabled them to get a second business under LOI. If it closes, they would officially graduate to holdco status.

Please enjoy these conversations, the first with Shane Ehrsam, owner of North Texas Trailers, the second with Brandon Adams, owner of North Texas Trailers ๐Ÿ‘‡๐Ÿ‘‡๐Ÿ‘‡

About

Shane Ehrsam & Brandon Adams

Shane Ehrsam & Brandon Adams
Olivia Rhye
Product Designer

Show Notes

Episode Transcript

Show Transcript
Hide Transcript

Listen instead of watch

Register for the live Q&A
Shane Ehrsam & Brandon Adams
on
<date>
Subscribe to newsletter
Subscribe to receive the latest blog posts to your inbox every week.
By subscribing you agree to with our policies.
Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.