Nathan Platter
Business Buyer Diaries: the Reality Before, During, and After
Welcome to the Business Buyer Diaries. My name is Nathan Platter, I’m a full-time employee, and I bought a business! I did everything right from finding the deal, handling due diligence on 63 different opportunities, and ultimately buying a profitable gym, and boy was I in for a surprise as a new owner! I chronicle everything in real time, including the biggest wins to the stressful nights at 2am. I’m sharing my journey without sugarcoating anything, so you don’t repeat the same mistakes I do. Join the Business Buyers Club! https://businessbuyersclub.com/memberships Enter code 070499 Learn Due...
Author
Nathan Platter
Category
Podcast website
Latest episode
Jul 20, 2025
Where to listen?
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Episodes
132. Your job is to figure it out and not know it all 04.05.2024 8:18
Send a text Sometimes life throws you into the deep end, and you've either got to sink or swim. That's exactly what I discuss in our latest episode, where I dissect the Minnesota Vikings' wild ride through a quarterback crisis and parallel it with my own plunge into an unfamiliar business. With the Vikings' star QB Kirk Cousins out for the season, backup Josh Shaw steps in with...
131. “It’s a numbers game” is not gonna work when you’re selling with conviction 04.05.2024 10:48
Send a text Strap in as we tackle the rollercoaster of momentum in business growth and staffing – a journey I know all too well from wearing the dual hats of a day job employee and studio owner. The thrill of sending out that first job offer mixed with the fear of potential missteps is a story I'm eager to share, especially considering the weighty financial stakes. This episode peels back the...
130. Everyone in my sphere gets above average 04.05.2024 3:52
Send a text Have you ever wondered what propels a fitness team to exceed expectations, even when the going gets tough? Today, we peel back the curtain on the alchemy of passionate management and the magic of staff empowerment that can turn an ordinary gym into an extraordinary community. It's not just about muscles and sweat; it's about heart and soul, and the kind of dedication that doe...
129. Having to pick a side in a divisive issue 03.05.2024 8:57
Send a text Ever wonder how your Friday gym class became a frenzied, sweat-sharing circus? This episode peels back the gym mat to reveal the drama behind fitness class structures and management decisions that leave some members thrilled and others thoroughly miffed. The stakes are high as we examine the challenges of designing workouts that appeal to the masses while respecting individual needs, a...
128. Just because we’ve used it for years doesn’t mean we should keep using it 03.05.2024 6:18
Send a text Ever been caught in a decision-making quagmire, weighing the pros and cons of abandoning a clunky old system for a shiny new one? Get ready to break free from the chains of the sunk cost fallacy as we navigate the tricky waters of business scheduling tools. We rip off the band-aid and examine the raw reality of what it means to forego what's familiar in favor of potential efficien...
127. “Working 12 hours for myself vs 8 hours as an employee” finally made sense to me 03.05.2024 5:23
Send a text Ever found yourself burning the midnight oil, wondering what fuels your drive to keep pushing even when the comfort of a steady paycheck is within reach? That's the crux of our latest candid discussion, as we peel back the layers on the relentless grind of nurturing a side hustle alongside a full-time day job. The episode takes a personal turn, delving into the realizations that d...
126. Always be working on Plan C because your Plan B is ready to implement 02.05.2024 2:53
Send a text Ever been hit by a curveball that left your business reeling? We get it, and that's precisely why we're unpacking the invaluable lesson of contingency planning. Imagine the chaos when Facebook ads are your lifeline, and suddenly, you're banned – a nightmare we chat openly about in this episode. Dive into our candid conversation as we reveal the importance of having not j...
125. Choosing to not be a victim to my thoughts by taking them captive 02.05.2024 3:19
Send a text Waking up at three in the morning, heart racing and mind spinning from a nightmare about workplace conflict, I knew I had reached my limit. Today, I share that personal turning point and how it sparked a transformation in my approach to stress. Listen as we navigate the choppy waters of workplace dynamics, involving a vital vendor and a key team member at odds, while I'm caught in...
124. Making sure my team and vendors play nice, pre-meeting before meetings 02.05.2024 4:31
Send a text Ever find yourself mediating a clash of titans at work? This week's podcast has me opening up about the fine line between friction and fireworks in the professional arena. When a proactive manager and a meticulous vendor tangle, tension rises, and efficiency drops. I'm here to guide you through the turmoil with real-life tales from our expansion in the Twin Cities, proving th...
123. How to land meetings with Biz Owners (hint- be wayyy too direct) 01.05.2024 8:03
Send a text Ever feel like you're walking on eggshells trying to get a CEO's attention? Well, strap in as I reveal the ticket to captivating the busiest bees in the business hive! Discover the art of brevity and clarity in your pitches, and why being able to succinctly articulate your value can make or break your chances of sealing the deal. I'll share my personal experience of pitc...
122. Equip and unlock your team to figure it out in their own 01.05.2024 5:38
Send a text Ever been caught in the whirlwind of launching a business without the financial cornerstone set in stone? That's the raw, unfiltered experience I unpack in our latest episode, where the scramble for a business card post-LLC creation leads to a mix-up of personal and professional expenses. It's a stark reminder of the crucial role that solid financial planning plays in the ent...
121. It’s lonely being the final decision maker and it’s new to be rigid in executive choices 01.05.2024 12:14
Send a text Ever found yourself at a crossroads, armed with advice from all sides but unsure which path leads to victory in the business arena? That's the quandary I faced in the fitness industry, juggling the heavyweights of premium pricing against the agility of a fully-booked gym. In this gripping session, we share from the trenches, revealing the tumultuous journey of making decisions tha...
120. -2k business profit and I’m STOKED 30.04.2024 8:25
Send a text Ever wondered about the raw reality of entrepreneurship? Strap in for an unfiltered look at what it takes to keep a business breathing in its infancy. I'm opening up the books and laying out the actual numbers from our first month on the front lines of business ownership. From grappling with operating costs and insurance premiums to the thrill of turning a profit—even if it's...
119. Listen to your audience’s heart, good work matters, nutrition class today 30.04.2024 10:04
Send a text Discover the transformative power of rekindling old flames—not in romance, but in business—as we share our journey through the third week of our 10-week challenge cohort. We're breathing new life into dormant leads and past members with a cleverly crafted email campaign, and the excitement is palpable. The stakes might be humble, but the payoff is set to be anything but. Alongside...
118. Articulate concrete action items and deadlines in every final 5 minutes 30.04.2024 6:52
Send a text Ever wondered how to breeze through your to-do list with the finesse of a maestro conducting a symphony? That's exactly what we're unpacking in our latest chat—mastering the clear-cut wrap-up of meetings and communications. Picture this: you've just had a productive brainstorming session with your team, and as the conversation winds down, you've got the next steps d...
117. Empowering my people, have a magnetic business, battling nightmares 29.04.2024 11:02
Send a text Embarking on the entrepreneurial journey is like navigating a labyrinth, full of unexpected turns and hidden treasures. My own path took a game-changing twist when I decided to enlist a marketing agency with a knack for premium pricing models and a talent recruiter with a keen eye for fitness industry stars. The transformation my fitness studio underwent was not just about aesthetics —...
116. Diversify your income and less worried about layoffs 29.04.2024 5:49
Send a text Staring down the barrel of a break-even month and the rumblings of upheaval at my W2 job, the rollercoaster of entrepreneurship and tech employment never looked so daunting. Yet, here I am, swapping panic for pragmatism, sharing my journey through the twists and turns with you. As the head of a fitness club post-sale, I peel back the curtain on the intricate dance of keeping the busine...
115. Been a long week but learning when to wrap up the days 29.04.2024 5:24
Send a text Have you ever peeked behind the curtain of a bustling business to see the real magic happen? That's exactly what I'm pulling back this week, as my home office transforms into a command center for dissecting the highs and lows of business operations. From the whirlwind of establishing a new advertising partnership to the meticulous task of setting up our inaugural payroll, it&...
114. Sleezy marketing tactics, sales asking for more money mid sale, being decisive 28.04.2024 18:27
Send a text Ever been tantalized by the siren song of a marketing agency, only to find yourself adrift in a sea of broken promises? I've been there, and in today's episode, I'm spilling the tea on a particularly harrowing bait-and-switch experience that left my brand values floundering. We'll explore the murky depths of marketing misadventures, where transparency can be as elus...
113. Get a credit card right away, don’t delete the operations textbook, 30 days before transition 28.04.2024 6:09
Send a text Ever wondered what it’s like to step into the shoes of a business seller, adept at weaving through the intricacies of operational and financial transitions? Well, buckle up, because that’s exactly what we’re exploring today with an insightful seller who's mastered the art of seamless integration. We’ll uncover the critical moves that can make or break the financial health of a new...
112. You have to take action when there’s a cost of waiting like in a 10 week challenge 28.04.2024 6:28
Send a text Strap in for a raw and unfiltered journey into the heart of gym management, where you'll witness the real sweat (and no, we're not talking workouts) that goes into running a fitness team. Our guest lays it all on the mat, diving deep into their dual life as a head manager and marketing whiz, sharing the gritty details of steering a ship with almost too many hats to wear. You&...
111. Having the weekends off is a reward from a good business 27.04.2024 5:41
Send a text Ever dreamt of running a successful business while reclaiming your time? Our latest chat with a gym owner who's mastered the art of work-life balance is a masterclass in efficient business management and the pursuit of time freedom. He shares his gratitude for his current state, a stark contrast to the harrowing tales of other fitness entrepreneurs caught in the relentless grind o...
110. Never discount the journey and what you’ve made 27.04.2024 5:55
Send a text Ever had that lightbulb moment when you realize the solution to your problem was right under your nose the whole time? That's exactly what happened to me, a gym owner who thought an overhaul was the answer to my challenges. Instead, a simple conversation unveiled that a stronger marketing strategy might just be the key. Join me as I recount a particularly enlightening day that inc...
109. Act like you’ve got 10 business all in another state 27.04.2024 6:46
Send a text Ever found yourself grappling with a problem that seemed so small, yet somehow spiraled into an epic tale of entrepreneurship and crisis management? That's exactly the journey we're taking you on, where a stuck key morphs into a profound lesson on the critical nature of systems in small business. Join us as we recount the day-to-day mishap that led to a series of eye-opening...
108. Backbone to tell employees JFIO (Just Figure It Out), tempted to make gym my only j-o-b 26.04.2024 11:51
Send a text Have you ever felt like a circus performer, expertly spinning plates on poles, with each plate representing a different aspect of your life? Well, that's exactly how I felt when I was trying to balance a demanding day job with the unpredictable endeavors of running a new gym business. In this episode, you'll ride shotgun through a day packed with billing system glitches, rent...
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