Acquiring Minds · 2026-07-23 · 1h 38m
Patrick Beal left tech to buy an HVAC business with 90% seller financing, no SBA. He's on track to hit $3.5m this year. Register for the webinar: Working Capital: One of ETA’s Most Expensive Mistakes - TODAY!! - Topics in Patrick interview: Entrepreneurship in his family Zoom fatigue from remote work Searching in Northeast Ohio Finding a business through his network Meeting with the seller for almost a year Structuring 10% down, 90% seller note Underestimating working capital needs Keeping his W-2 until the business grew Quadrupling revenue in 2 years Working on getting his HVAC license References and how to contact Patrick: LinkedIn Temperature Control Maintenance Linh Tran on Acquiring Minds: The Dream Outcome: From $300k to $5m EBITDA Steve Carroll on Acquiring Minds: ETA Unicorn: $1 Billion in Revenue in 5 Years Download the New CEO’s Guide to Human Resources from Aspen HR: From this page or contact jenny@aspenhr.com Work with an SBA loan team focused exclusively on helping entrepreneurs buy businesses: Pioneer Capital Advisory Get a complimentary IT audit for acquisition diligence or post-close transition. Visit inzotechnologies.com/eta .
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