Started as SBA Searcher, Built to a PE Fund

The first business Joe Wechsler bought had $280k of SDE. Seven years later, he runs a fund with $50m of buying power.

Register for the webinar: 

• Franchising for the ETA Buyer: Resales, Roll-Ups, and Real Deals - Thu, June 4 - https://bit.ly/4vnGP5u

Topics in Joe’s interview:

• Background in management consulting
• Inspired by Rich Dad Poor Dad to own assets
• Joining an early cohort of the Acquisition Lab
• Searching is more fun with a partner
• First deal died 10 days before closing
• Discovering employees had never been paid overtime
• Total office staff turnover in first 4 months
• Acquiring 4 diverse businesses
• Launching a $25M equity fund with 5 partners
• It’s all about the people

References and how to contact Joe:

• LinkedIn
• Blueline Ventures
• Who by Geoff Smart and Randy Street
• Rich Dad, Poor Dad by Richard T. Kiyosaki

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

• Book a call with Tim or [email protected] and mention Acquiring Minds

Download the New CEO’s Guide to Human Resources from Aspen HR:

• From this page or contact [email protected]

Work with an SBA loan team focused exclusively on helping entrepreneurs buy businesses:

• Pioneer Capital Advisory

Connect with Acquiring Minds:

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

Edited by Anton Rohozov and produced by Pam Cameron