An Engineer's Mini Berkshire: 2 Auto Shops in 1 Year

Sujith Shankar left 25 years in corporate to buy cash-flowing businesses: a $1.2m repair shop and a $2m body shop.

Topics in Sujith interview:

• How Rivian layoffs changed everything
• Falling down the Warren Buffett rabbit hole
• Why auto repair beat real estate
• Funding a deal without an SBA loan
• Running a business while keeping a W-2
• Winning over skeptical employees after closing
• Planning a mini Berkshire Hathaway
• Is EV adoption really a threat?
• Buying a second business just months later
• Collision shops vs. repair shops

References and how to contact Sujith:

• LinkedIn
• The Billionaire Who Wasn’t by Conor O’Clery
• Edgar Galindo on Acquiring Minds: How 1 SBA Loan Brought Down 2 Businesses

Contact Jenny to learn how Engage can run people operations in your acquisition:

• Jenny Thear: [email protected]

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

• Pioneer Capital Advisory

The ecosystem for serious acquisition entrepreneurs—education, capital, community, and post-close support to buy and grow a business:

• The Acquisition Lab

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