Action Academy | Millionaire Mentorship For Your Life & Business

From Corporate Analyst to $1.5M Business Owner in 11 Months w/ Eric Clewis

Mar 30, 2026
Eric Clewis, a former 15-year oil and gas project controls analyst who bought and now runs an FF&E procurement firm, shares his rapid transition to business ownership. He talks about why he left corporate life, choosing business buying over real estate, teaming up with a partner, the grind of deal hunting, financing and due diligence, and scaling operations remotely toward hotel clients.
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INSIGHT

Work Backwards From Required Cash Flow

  • Eric prioritized cash flow to replace his W-2 lifestyle and found business acquisition faster than commercial real estate for that goal.
  • He planned backward from required monthly cash to SDE and purchase price multiples to set search parameters.
ADVICE

Partner On Your First Deal

  • Partner for your first acquisition to cover blind spots and speed execution rather than going solo.
  • Eric chose Bailey for complementary skills: Bailey handles sales/vision; Eric handles operations and implementation.
ADVICE

Draft A Rock Solid Operating Agreement

  • Get a strong attorney and draft a detailed operating agreement that covers roles, buyouts, performance failures, and exit mechanics.
  • Eric used a 25–30 page tailored agreement including buyout multiples and performance clauses to avoid future multimillion-dollar disputes.
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