Deciding to Start, Not Buy, a Small Business

Initially drawn to buying a business, Kevin Moyer instead decided to start a project-based blue collar business instead.

Topics in Kevin’s interview:

• Is the franchise fee worth it?
• Buying 3 de novo Smash My Trash territories
• His appreciation for reversible decisions
• A small business is an extension of the owner
• Recurring revenue is overrated
• Simple is nice, but complexity is a moat
• Starting a business with his friend
• Advantages of having a business partner
• Resiliency of physical world businesses
• Simplicity of a binary outcome business

References and how to contact Kevin:

• LinkedIn
• Twitter
• Smash My Trash
• Golden Home Access
• Nick Haschka on Acquiring Minds: Building a $10m EBITDA Leader in a Fragmented Space
• Kevin’s substack
• Kevin’s substack post: Changing My Mind & What’s Next
• Johannes Hock on Acquiring Minds: Buy and 3x a Project-Based Business in Just 2 Years

Get complimentary due diligence on your acquisition's insurance & benefits program:

• Oberle Risk Strategies - Search Fund Team

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

• Book a call with Tim or hello@systemsix.com and mention Acquiring Minds

Get a complimentary IT audit of your target business:

• Email Nick Akers at nick@inzotechnologies.com, and tell him you’re a searcher

Get $200 off your ticket to the M&A Launchpad Conference in Houston on May 3rd:

• https://www.malaunchpad.com & enter code ACQUIRINGMINDS

Smithlist is a job board for leadership roles at small businesses. If you're not ready to buy a business but want to lead one:

• Smithlist - Operate & Lead a Business

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
Produced by Pam Cameron