The Inspired Stories Podcast

Patrick Rogers on Why Acquiring Businesses Beats Growing Them Every Time

1 h 6 min · 23. maj 2026
episode Patrick Rogers on Why Acquiring Businesses Beats Growing Them Every Time cover

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đŸŽ™ïž From Nuclear Reactors to Acquisition Arbitrage: Patrick Rogers’ Path to Elkridge Advisors Patrick Rogers, managing partner of Elkridge Advisors, ran nuclear reactors in the Navy, spent 13 years in chemical sales management, built a property management company from a real estate crash, coached CEOs for 17 years, and then watched his M&A mentor reveal a complete absence of character at exactly the wrong moment. What came next — three months of meditation, a complete reinvention, and a business model nobody else is running — is the real story. His goal: create 1,000 deca millionaires by acquiring businesses at 5% down and selling them at double the multiple. ✹ Key Insights You’ll Learn: * The SBA hack that gets buyers into deals at 5% down instead of 10% * Acquisition arbitrage: buying five companies at 4x and selling the combined entity at 8x * How to structure a seller standby note that makes the 5% down possible * Why the SBA Business Expansion Program can get qualified buyers in at zero down * Elkridge’s 60-day observation protocol before any changes are made post-acquisition * Employee-driven strategy sessions — letting the team determine the direction * How Patrick spotted the organic growth ceiling and pivoted to acquisitions * The mentor betrayal that cost $1M and launched Elkridge Advisors * How three months of meditation and manifestation produced a business model that didn’t exist * The 25-company close goal for the coming year 🌟 Patrick’s Key Mentors: * Dave Lofts (District Manager, Nalco Water): Taught Patrick that modeling the best is the fastest path to becoming the best * Wendy Patton (Real Estate Investor): Introduced Patrick to creative deal structures that planted the acquisition mindset * His M&A Mentor (Unnamed): A cautionary lesson in vetting character before trust — and whose betrayal led directly to Elkridge * Robert (Co-Founder, Elkridge): Found through meditation and a year of silence — brought the business operating system that doubled Elkridge’s value proposition * His Own Subconscious: Three months of deep meditation that produced the Elkridge concept and the conviction to build it 👉 Don’t miss this wide-ranging conversation about deal structure, people-driven acquisition strategy, and why the most important business decision Patrick ever made was choosing to sit still. 🔗 Connect with Patrick Rogers: Website: elkridgeadvisors.com LinkedIn: Patrick Rogers — Elkridge Advisors 📎 Transcript Available: Patrick Rogers on Why Acquiring Businesses Beats Growing Them Every Time đŸ“ș Watch on YouTube: Inspired Stories Podcast 🌐 Our Website: The Inspired Stories Podcast 📎 Special Thanks to Anthony Codispoti & AddBack Benefits Agency: Providing innovative employee benefits solutions that improve employee well-being while optimizing your bottom line. Website: addbackbenefits.com

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Inside Earthright Pest Control's Bed Bug Heat Business with Scott Sowers

đŸŽ™ïž Scott Sowers: From Textile Executive to Ohio Pest Control Founder In this episode, Scott Sowers, founder of Earthright Pest Control, shares how a tearful conversation with his wife pulled him out of a 16-year global textile career and into building a family-owned, people and pet safe pest control company in central Ohio. He opens up about scrapping his business plan two weeks after launch, building one of the state's top bed bug heat eradication companies, and the letter his eight-year-old wrote at school that changed how he spends his time. ✹ Key Insights You'll Learn: * 16 years in textiles before pivoting to pest control * Left a global career after his wife's tearful request * Threw out his business plan two weeks after launch * Built one of Ohio's top bed bug heat eradication companies * People, pet, and plant safe treatment philosophy * Worked seven days a week for over a decade * Daughter's school letter sparked a major life reset * Spent a year and thousands solving one unique infestation * Expanding into Dublin and Polaris for efficiency * Shifting the company to run on data, not gut feel 🌟 Scott's Key Mentors: * His Father: Serial entrepreneur who modeled relentless work ethic * His Wife: Former ICU cardiac nurse who pushed him toward something real * His Uncle: Ran the family's side pest control truck, sparked his interest * His Daughter: Her school letter reshaped how he spends his time * Nationwide Pest Control Peers: Helped him crack one of his toughest cases 👉 A candid look at what it costs to build something from nothing, and what it takes to notice before the cost gets too high. 🔗 Connect with Scott Sowers: Website: earthrightpestcontrol.com 📄 Transcript Available: Inside Earthright Pest Control's Bed Bug Heat Business with Scott Sowers đŸ“ș Watch on YouTube: Inspired Stories Podcast 🌐 Our Website: The Inspired Stories Podcast 📄 Special Thanks to Anthony Codispoti & AddBack Benefits Agency: AddBack Benefits Agency - Providing innovative employee benefits solutions that improve employee well-being while optimizing your bottom line Website: addbackbenefits.com

I gÄr46 min
episode Ben Cooke Turned 18 Running Stores Into a Trail Running Movement with Marathon Sports cover

Ben Cooke Turned 18 Running Stores Into a Trail Running Movement with Marathon Sports

đŸŽ€ From All-American Runner to Running Retail’s Most Restless Builder: Ben Cooke at Marathon Sports Ben Cooke, President of Marathon Sports, has spent 25 years building things inside companies he didn’t own — then lost everything trying to build something that was truly his. Along the way he helped create Fleet Feet’s corporate retail arm, launched their e-commerce platform, built an On Running program that became 8% of On’s global business, and is now turning a 30-location New England specialty retailer into a trail running brand with global ambitions. ✹ Key Insights You’ll Learn: * Competitive athletics as the foundation for a business career driven by daily PRs * Running Princeton Running Company as a de facto entrepreneur for 11 years under a Koch Industries executive * Selling to Finish Line and stepping into a national roll-up role without M&A experience * Transitioning from owned retail to franchising and why the cultures require entirely different instincts * Building Fleet Feet’s e-commerce, Amazon business, and distribution center from scratch * The On Running partnership that took them from zero to hundreds of thousands of pairs * Acquiring Marathon Sports in 2022 and growing from 18 to 32 locations in four years * Trail running as a flywheel — races, field trips, and dirt camps building the customer of tomorrow * Why win-win-win is the only deal structure worth pursuing * Losing everything on two outdoor stores in Colorado and what the failure actually taught him 🌟 Ben’s Key Mentors: * Princeton Running Company founder: modeled entrepreneurial decision-making at the local level, inspired by Koch Industries’ market-based management philosophy — without ever naming it * Fleet Feet leadership: gave him room to innovate across every department and scale concepts from zero * Podcasts (Founders, Acquired): a daily MBA on the commute, replacing incidental mentorship with intentional learning from the best business minds in history * His own failures: the Colorado outdoor stores taught him that systems and teams — not individual toughness — are what allow entrepreneurs to flourish 👉 Don’t miss this conversation about building something from inside someone else’s company, the specific deal structure that turned On Running into a powerhouse, and what it feels like to lose everything you put in and still say you’d do it again. 🔗 Connect with Ben Cooke: Website: marathonsports.com đŸ“€ Transcript Available: Ben Cooke Turned 18 Running Stores Into a Trail Running Movement with Marathon Sports đŸ“ș Watch on YouTube: Inspired Stories Podcast 🌐 Our Website: The Inspired Stories Podcast đŸ“€ Special Thanks to Anthony Codispoti & AddBack Benefits Agency: AddBack Benefits Agency - Providing innovative employee benefits solutions that improve employee well-being while optimizing your bottom line Website: addbackbenefits.com

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episode From Embroidery Machines to Global Blank Apparel: Three Generations of Next Level cover

From Embroidery Machines to Global Blank Apparel: Three Generations of Next Level

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episode Rebuilding a Struggling Orthotics Franchise After Buying It the Week Before COVID cover

Rebuilding a Struggling Orthotics Franchise After Buying It the Week Before COVID

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episode How Dave Allred Reverse Engineered Financial Freedom and Hit 1,000 Rental Doors by 40 cover

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