ETA·BRAINa Katyella project

Acquiring Minds

The $60k Acquisition that Grew to a $77m Exit

Excerpts · 306 segments · ~1:10:57 long

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In our state like that. That's of consequence. And I think if I started something like this, they would use us.

And so I got really interested in that. And so I flew out. We met and we went to dinner, and the next morning we woke up really early, and we're having coffee and. And I said, what's that guy's name that, you know that is booked out?

And he gave me his name. I go, do you have his number? He's like, yeah, I call him all the time.

And he usually takes my call because I give him a lot of business. He puts me to the front of the line, so I'm like, let's meet him today. And so he gave. He gave that gentleman a call.

He was a kindest soul. Like, he was just a great guy. And we went and we met him at a big boy restaurant in.

Right off the highway. We sat down at a big boy restaurant. Back then. He had one of those little flip phones that flipped open.

Sure. It was sitting on the. On the counter. We're drinking coffee. And he was explaining to us how he had retired from Ford, he was an engineer, he needed to do something as a hobby, and he started doing this.

And now he felt like he was letting everyone down. And the whole time he's telling us a story, his phone's just like vibrating. I'm twisting around on the table, and that's when I'm like, wow.

We just. You're. You're actually hearing a cash register. Yes. That phone rings. Yeah. And his reaction was like, oh, it would always like, oh. You could tell he was just.

He felt like he was letting people down. And he had handful of employees that worked for him. And, and, and he goes, look, I'm retired.

My wife now, she lives in Florida, and I want to get down there. We have a condo down there. All I want to do is like, go down there and.

And retire. And so I said, well, how much would it take for you to do that? And. And he's like, I don't know, like $60,000. And he financed half of it.

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