• First-Timer Buys 8-Figure Business 4 Hours Away

  • Dec 30 2024
  • Length: 1 hr and 31 mins
  • Podcast

First-Timer Buys 8-Figure Business 4 Hours Away

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  • Summary

  • 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:

    • LinkedIn
    • Twitter
    • nick@endangeredinvestments.com
    • Endangered Investments

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

    • Contact mark@aspenhr.com or visit Aspen HR

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

    • Book a call with Tim or email hello@systemsix.com and mention Acquiring Minds

    Get a complimentary IT audit of your target business:

    • Email Nick Akers at nick@inzotechnologies.com, and tell him you’re a searcher

    Connect with Acquiring Minds:

    • See past + future interviews on the YouTube channel
    • Connect with host Will Smith on LinkedIn
    • Follow Will on Twitter
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