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Index/Finance/Acquiring Minds
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Complexity Hides Fragility: Losing a $20m Business

Acquiring Minds · 2026-01-05 · 1h 34m

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Topics in this episode

online businesssmbacquireacquisition

Episode notes

Joe Odell and his partner acquired a business with over $4m in earnings and lots of green flags. It went sideways fast. Register for the webinar: How to Present Your Deal for Maximum SBA Success - Jan 8th - Topics in Joe’s interview: His blue collar, military background Volunteering without pay for a consulting company Ultimately rejecting the tech industry Finding his search partner at business school Seeking out a complex business Doing traditional search, on his wife’s advice Acquiring a home health adjacent company Post-close cash crisis Losing a key sales rep Fatal “pen stroke risk” References and how to contact Joe: LinkedIn Get a complimentary IT audit of your target business: Email Nick Akers at nick@inzotechnologies.com , and tell him you’re a searcher Download the New CEO’s Guide to Human Resources from Aspen HR: From this page or contact mark@aspenhr.com Get complimentary due diligence on your acquisition's insurance & benefits program: Oberle Risk Strategies - Search Fund Team

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