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 territoriesHis appreciation for reversible decisionsA small business is an extension of the ownerRecurring revenue is overratedSimple is nice, but complexity is a moatStarting a business with his friendAdvantages of having a business partnerResiliency of physical world businessesSimplicity of a binary outcome business References and how to contact Kevin:LinkedInTwitterSmash My TrashGolden Home AccessNick Haschka on Acquiring Minds: Building a $10m EBITDA Leader in a Fragmented SpaceKevin’s substackKevin’s substack post: Changing My Mind & What’s NextJohannes 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 channelConnect with host Will Smith on LinkedInFollow Will on Twitter Edited by Anton Rohozov Produced by Pam Cameron