{"podcast":{"title":"Acquiring Minds","slug":"acquiring-minds-3909119","podcast_index_feed_id":3909119,"rss_url":"https://feeds.transistor.fm/acquiring-minds","website_url":"https://acquiringminds.co","image_url":"https://img.transistorcdn.com/L4RqrWQWQ35dO2yrZK1oM8-GSsnKnU7x_9oLElypgrQ/rs:fill:0:0:1/w:1400/h:1400/q:60/mb:500000/aHR0cHM6Ly9pbWct/dXBsb2FkLXByb2R1/Y3Rpb24udHJhbnNp/c3Rvci5mbS8zYjk2/ZDQwODk5YzNlY2Mw/MTIxN2FkMmYwZTRj/MjMwNS5qcGc.jpg","author":"Will Smith","episode_count":463,"summary":"Buying a business is an amazing path for many successful entrepreneurs. Learn how to buy a business from the entrepreneurs who have already done it. 2x per week: stories, insights, & valuable advice about acquisition entrepreneurship. Hosted by Will Smith, who is on his own path to acquire a business. Also on YouTube: https://www.youtube.com/@AcquiringMinds Sign up for episode summaries at: https://acquiringminds.co","last_synced_at":null,"page_url":"https://stenobird.com/podcast/acquiring-minds-3909119"},"episode":{"title":"How to Acquire 25 Franchise Units in 2.5 Years","slug":"how-to-acquire-25-franchise-units-in-2-5-years","published_at":"2026-03-30T07:00:00+00:00","page_url":"https://stenobird.com/podcast/acquiring-minds-3909119/how-to-acquire-25-franchise-units-in-2-5-years","show_page_url":"https://stenobird.com/podcast/acquiring-minds-3909119","url":"https://acquiringminds.co/articles/jack-foster-jake-mclaughlin-meineke","audio_url":"https://media.transistor.fm/ed3da8c4/f34cf012.mp3","summary":"Jack Foster & Jake McLaughlin raised $2.8m to buy 10 Meineke stores. That equity has taken them further than expected. Register for the webinars: Offshore Talent vs. AI for Business Buyers - TOMORROW!! - https://bit.ly/4bAIbTj Quality of Technology (QoT) Report: Protecting Your Acquisition - Thu, Apr 2 - https://bit.ly/4rUHngL Topics in Jack and Jake’s interview: Childhood friends turned business partners Leaving Goldman Sachs, KKR, and Baird for entrepreneurship Why they chose the franchise roll-up model Consolidating units within the Meineke system Applying a first-principles approach to an unfamiliar industry Paying royalties as the price of product-market fit Technician recruiting advantages of a strong franchise brand Why they passed on car washes and quick lube The real timeline of the EV threat to auto repair Buying real estate and using sale-leasebacks for growth capital References and how to contact Jack and Jake: Jack Foster’s LinkedIn Jake McLaughlin’s LinkedIn Meineke 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 Download the New CEO’s Guide to Human Resources from Aspen HR: From this page or contact jenny@aspenhr.com Get complimentary due diligence on your acquisition's insurance & benefits program: Oberle Risk Strategies - Search Fund Team 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","meta_description":"Jack Foster & Jake McLaughlin raised $2.8m to buy 10 Meineke stores. That equity has taken them further than expected. Register for the webinars: Offs…","key_points":[],"chapters":[],"topics":[],"duration_seconds":6857,"processing_state":"not_requested","actions":[{"name":"request_transcript","method":"POST","url":"https://stenobird.com/v1/public/podcasts/acquiring-minds-3909119/episodes/how-to-acquire-25-franchise-units-in-2-5-years/transcription-requests","description":"Idempotently request low-priority transcript generation for this episode."},{"name":"read_markdown","method":"GET","url":"https://stenobird.com/podcast/acquiring-minds-3909119/how-to-acquire-25-franchise-units-in-2-5-years.md","description":"Read the agent-friendly Markdown representation of this episode resource."}]}}