Blue Collar Serial Acquisition Millionaire - Don Wilson - How he did start small to millionaire - podcast episode cover

Blue Collar Serial Acquisition Millionaire - Don Wilson - How he did start small to millionaire

Sep 05, 20221 hr 3 minSeason 1Ep. 73
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Episode description

🚀 Get My Free Book! 📖 How to Buy Your First Million Dollar Business


Jon talks to Don Wilson,  how he went from US Navy to a Blue Collar Serial Acquisition Millionaire 

Notes
00:00 Intro his Navy Experience 
05:38  How he found his first acquisition - Candy Man
08:08  Multiple on retail Candy Store - loosing money?
10:00  Buying the 2nd candy store
10:31  Opened a restaurant - Salad Days - made $0 money
11:53  Making more money with Candy
15:45  Buying Billy Sims BBQ franchises  - growing to 5 locations $3M in rev
24:33  Trying to get rid of the candy stores
30:10  Restaurant Consolidation - closing down the losers
33:09  Wife Diagnosed with Cancer
33:33  the NEXT acquisition - a gas station convenience store doing $1.2 Million
37:41  Buying a Remodeling company making $400k a year off $1m in revenue
38:38   Seller only wanted $400k for Top 10 Reasons Sell
41:16  100% acquisition financing from SBA - because...
47:47   Selling.   Retiring a Millionaire. 
53:09  Word to the wise: don't change nothing



Blue Collar Serial Acquisition Millionaire - Don Wilson - How he did start small to millionaire | Top M&A Entrepreneurs podcast - Listen or read transcript on Metacast