Hosted by Will Smith
Listed under Business › Entrepreneurship, Business › Investing
★4.9on Apple Podcasts · 39 recent reviews
Buying a business is an amazing path for many successful entrepreneurs. Learn how to buy a business from the entrepreneurs who have already done it. 2x per week: stories, insights, & valuable advice about acquisition entrepreneurship. Hosted by Will Smith, who is on his own path to acquire a business. Also on YouTube:
495 episodes · publishes weekly · latest 2026-09-21 · ~92 min/episode
Rank
#45
Substance
86.4
/ 100
Breakdown
Scored 2026-09
Updated monthly
Across the index
#45 of 6203
Substance
Top 1%
outscores 99% of the index
Acquiring Minds ranks #45 on The B2B Podcast Index with a substance score of 86.4 out of 100, scored across 5 recent episodes. It scores highest on specificity & evidence and guest caliber. The episode is exceptionally data-rich. Specific metrics: 1.9M → 5M revenue, 340K → 1.3M EBITDA, 14 months, 31-year business, 11 employees, 20K customer database, 7,500 active phone numbers, $110→$75 clean-and-tune offer, 60-70 Google leads/month, 800 3-year prepaid maintenance customers, <2% marketing spend, 86% equity retained, $75K personal check, $50K each from two investors, $1.1M purchase price at 3.2x SDE, 20% seller note at 7%, 175K down, 5-7 year average tenure. Named examples: Gary Air, Sarasota, Tampa, plumbing add-on deal closing end of month, Grant Hensel partnership. Near-real-time financials. Technician tenure cited (14 years). Specific problem examples (electrical fire, water damage risk). Only soft spots: limited detail on exact SEO spend, local service ads strategy not fully quantified.
Averaged across 5 recently scored episodes, with cited evidence.
The episode packs substantial operational insights: specific culture-change mechanics (removing phones, ditching filing cabinets), concrete learning tactics (ChatGPT tutoring for HVAC), measurable demand-generation moves (Google Business Profile yield, text-blast mechanics, NPS-driven referrals), and repeatable frameworks (Tuesday training cadence, callback logging as process improvement). The thread on sequencing work-in-business before work-on-business is novel. Some padding exists (lengthy background, sponsor reads), but core segments are dense with actionable ideas a trades operator would not encounter elsewhere.
“I removed all of the phones off the desk and put everyone on a VoIP phone system”
“I literally spent three hours at a time on drives, talking to ChatGPT, using voice in my truck, engaging back and forth around HVAC”
Rob's approach combines familiar ETA themes (small buy, hands-on learning, culture-first scaling) with a few contrarian moves: deliberate abandonment of the 90-day observation rule, aggressive digitization as forcing function, explicit use of ChatGPT for domain learning, and the articulation that working-in-business is tuition, not failure. The framing of trades toxicity as solvable via daily standup culture and mistake logging is less commonly voiced. However, the core narrative - new owner upgrades operations and grows fast - is well-trodden; the differentiation lies in execution detail, not foundational insight.
“The conventional wisdom is that you don't change anything in your first 90 days as a new owner...Rob Brooks had zero intention of following that advice”
“the two are sequenced, not opposed. He calls that first year tuition. You can't recruit a great technician if you can't speak the language, or coach a service manager toward running a $20 million company if you don't know what he does all day”
Rob is a proven operator at scale in two domains (staffing leadership at $25B+ global HR firm; now trades founder). He has demonstrable results: 340K to 1.3M EBITDA in 14 months, $1.9M to $5M+ revenue, with credible path to $30-50M platform. He speaks from first-principles experience (Marine Corps leadership, corporate ops, staffing recruiting, now hands-on HVAC ownership), not theory. He is actively building, not opining. The bar for a B2B operator podcast is someone who has actually done the thing at material scale; Rob clears it decisively.
“I think there's the idea of not quite doing it alone...Grant and I hit it off and I didn't want dumb money...I wanted to have someone that I can connect with”
“taking broken teams and turning them around very quickly...I'm not a zero to one guy, right, I'm not even capable of that. But put me in the seat at one and I'll help grow it”
The episode is exceptionally data-rich. Specific metrics: 1.9M → 5M revenue, 340K → 1.3M EBITDA, 14 months, 31-year business, 11 employees, 20K customer database, 7,500 active phone numbers, $110→$75 clean-and-tune offer, 60-70 Google leads/month, 800 3-year prepaid maintenance customers, <2% marketing spend, 86% equity retained, $75K personal check, $50K each from two investors, $1.1M purchase price at 3.2x SDE, 20% seller note at 7%, 175K down, 5-7 year average tenure. Named examples: Gary Air, Sarasota, Tampa, plumbing add-on deal closing end of month, Grant Hensel partnership. Near-real-time financials. Technician tenure cited (14 years). Specific problem examples (electrical fire, water damage risk). Only soft spots: limited detail on exact SEO spend, local service ads strategy not fully quantified.
“purchase price uh, 1, uh,.9 million...1.1 million, um, was the purchase price, uh, 20% seller note, 7, um, percent interest”
“trailing 12 months, we're at like 4.7, 4.8 million in revenue...1.3 million EBITDA”
Will Smith asks incisive follow-ups: presses Rob on why now vs. 15 years of corporate career (forcing specific catalyst), challenges the contradiction of buying small vs. buying large, pushes back on work-in-business vs. work-on-business tension, and queries demand generation as a blind spot. He also catches logical gaps (three-year prepaid memberships are unusual, prompts explanation). However, some softness: he doesn't deeply interrogate the risk of the filing-cabinet purge or whether culture toxicity claims are validated by data, doesn't push back hard on Rob's selective memory about HVAC learning speed, and doesn't challenge the assumption that one-off reputation wins scale to 3x revenue. Guest himself is reflective and concedes blind spots, which is admirable but also means interviewer doesn't force much discomfort.
“I just wonder, was there a catalyst? Like why that moment versus any of the prior 15 years?”
“On the other hand, you also then wonder, um, if they're going to go from a absentee owner...to a highly involved owner. There's likely to be some chafing there, uh, in the culture”
2026-09-14
2026-07-09
4 periods tracked.
6 scored on substance · 83 tracked in total.
$340k to $1.3m of Earnings in 14 Months
2026-09-14 · 1h 32m
Second-Time CEO Buys a $30m Title Company
2026-08-06 · 1h 23m
Never Worked Harder, Never Been Happier
2026-07-09 · 1h 28m
How to 4x EBITDA in 3 Years Without Growing Sales
2026-06-25 · 1h 24m
Leaving $700s/Yr to Buy an Underperforming Printing Business
2026-06-22 · 1h 26m
From Software to Concrete Cutting (and $1.4m of SDE)
2026-06-18 · 1h 38m
While other podcasts pitch their own services, Will stays focused on delivering accurate, genuinely useful content to his listeners. Hands down the best podcast out there for learning about acquiring a small business.
- BigSlick55
There is no one offering high level ETA content like Will. No click bate , just great stories and real searcher experiences to help people learn if they want to make the jump into ETA. This podcast has changed how I view the world. Thank you Will.
- Guy 2025
Add this badge to your site - it links back here and updates automatically as you rank.
<a href="https://index.fame.so/show/acquiring-minds" target="_blank" rel="noopener">
<img src="https://index.fame.so/badge/acquiring-minds/badge.svg" alt="Ranked #9 on The B2B Podcast Index" width="360" height="136" />
</a>Track Acquiring Minds's rank
Get an email whenever this show moves up or down the Index. Monthly at most, no spam.
Companies, products and tools that come up most across this show's episodes.
The themes that come up most across this show's episodes.
Behind the Balance Sheet
Stephen Clapham's Podcast on Value Investing | Stockmarket Analysis | Equities
Fund Shack Private Equity Podcast
Fund Shack
Capital Allocators
Ted Seides - Allocator and Asset Management Expert
The Acquirers Podcast
Tobias Carlisle
Founder Thesis
ThePodium.in
Fintech Business Podcast
Jason Mikula
Podcasts that dig into the same topics.
Business Buying for Financial Independence
Tim Delaney, Business Buying Content Creator
The Art of Succession
Barrett Young | GWCPA
The Profitable Property Management Podcast
Jordan Muela
The Buyout Show with Fexingo
Fexingo
Private Equity Conversations with Fexingo
Fexingo
Finding Peak w/ Ryan Hanley
Ryan Hanley