Let's Buy a Business

Tyler Gillespie lives in Columbia for half the year and Aspen the other half. He's built and sold 2 companies and developed formulas to "Building to Sell" his companies. We dive into… What is Productized Service Starting offline and moving to online businesses Building to sell Building around the desired lifestyle His 2 exits Tyler also has acquired another productized service business.   Episode...

This episode mainly applies to online deals but 12 months ago, there was an absolute low in the industry. Now 12 months later in the middle of 2021, it's the hottest it's ever been. Is it high? Who knows. Is it the new normal? Who knows. SBA deals are not winning nearly as many online deals as before. I dive into why not and how to stand out. Episode Resources Connect with Ryan Condie http://linke...

Dave Lowell is a different breed of a Financial Planner. He helps you design your financial plan around your lifestyle AND NOT the other way around. You want to build an awesome business while living an awesome life. We dive into… Talking finances Talking what your end game is, ideal lifestyle Why you do certain things Talking money with your spouse Episode Resources Connect with Ryan Condie http:...

Elliott Holland is a legend in the space and covered due diligence on hundreds of companies. He's down to earth and gives us a playbook for buyers to avoid mistakes. We dive into… The 5 biggest mistakes when buying a company How to stand out as a buyer How to establish working capital projections *HUGE PITFALL for buyers   Episode Resources Connect with Ryan Condie http://linkedin.com/in/ryancondi...

Ujwal Velagapudi bought a sports bar while keeping his day job. It was nuts. No bartender 1 hour before opening on his 1st day. Put an ad on craigslist and luckily someone showed up a few minutes before opening to handle it. That opening weekend was his busiest weekend he ever had. We dive into… How to get a deal done Risk with deals What he would do differently Why everyone thought he was crazy U...

Joe Valley is a serial entrepreneur, EXITpreneur, author, advisor, and partner at Quiet Light Brokerage, one of the leading online-focused M&A firms in the world. He has built, bought, and sold over a half dozen companies of his own, and has helped thousands of online entrepreneurs achieve their goals. You need to spend $1 - 15 for your education. This is it. $100M. Yes. $100M. We dive into… - Wha...

Why do people sell a perfectly good business... Other projects Take money off the table Bored Buy a house Start / buy another company ENTIRE network is in one company - diversify In over their heads No time Tax timing Family / Health / Divorce Retiring Other....Business is tanking. This is obvious. Episode Resources Connect with Ryan Condie http://linkedin.com/in/ryancondie http://letsbuyabusiness...

Trevor Ewen is a software engineer and entrepreneur. He and his partner are searching for technology-based companies while also supporting other searchers with code review and other technology. We dive into… — Technical evaluations on companies — Why getting an MBA is like dating — How to use his firm if you're not a tech entrepreneur Episode Resources Connect with Ryan Condie http://linkedin.com/...

Ken Greene is an engineer turned finance guru. He was forced into finance and embraced it. He believes business acquisition is underrated (duh) and also why coaches are necessary in all aspects of life. Ken learned the hard way by being amazing in one area and thinking it carried over to all areas of life. We dive into… - Cash reserves - Transitions from career - How to think about acquisitions -...

Jen's Acquisition Update. Husband lost his job Partner is gone How she is structuring a tricky seller-financed deal Down payments Growth opportunities AND WHY you need to get so creative as an entrepreneur. "Entrepreneurs are some of the most creative artists in the world." —Chuck Mullins Episode Resources Connect with Ryan Condie http://linkedin.com/in/ryancondie http://letsbuyabusiness.com/ http...

Sam Whitney was on the podcast in January and had such a cool entrepreneurial journey. He's selling his company so we do a short episode on what he has learned about taking his company and putting it up on the market. The good. The bad. The ugly. Episode Resources Connect with Ryan Condie http://linkedin.com/in/ryancondie http://letsbuyabusiness.com/ https://forms.gle/RRcXpe3dK7pNGqv16 Sponsors: L...

Josh Kim bought 3 businesses by age 20. That's nuts. He graduated high school at 16 and went straight to college. Josh bought home health and hospice companies and then started to grow through acquisition. We dive into… — How he thought about buying a company — How to win deals — Why he decided to sell What I love about Josh is that he moves fast and knows he can accomplish anything regardless of...

Luke Hohmann started a business because of a war. He focused his company building on customers first and let the chips and revenue solve problems. We dive into… How to build a business to sell Shifting from consulting to building How to build a company of revenue rather than VC/Angel Episode Resources Connect with Ryan Condie http://linkedin.com/in/ryancondie http://letsbuyabusiness.com/ https://f...

I dive into the 4 types of luck, 100% accountability, and how luck has played a role with 2 big successes of mine. Moving into an apartment in college and starting this podcast. Blind luck Luck from hustling Luck from preparation Luck from your unique character Episode Resources Connect with Ryan Condie http://linkedin.com/in/ryancondie http://letsbuyabusiness.com/ https://forms.gle/RRcXpe3dK7pNGq...

Jacob Erdei has done it all in the online business space. In his words, he hit a lot of singles and it turned out well. Jacob is in the middle of creating a 3PL which is so rad. We dive into… Carpet Cleaning to Computer Repair Entrepreneur What needed to happen to quit his day job How a career of singles can be pretty awesome Mistakes along the way Episode Resources Connect with Ryan Condie http:/...

Simon Stock is one of the best follows on Twitter based on his stock analysis, inflation breakdowns, and how the economy works. He took his business profits and invested them in the stock market for passive income through dividends. We dive into... -- How he built his business and then sold it -- 2 types of Inflation - 1. Demand-Pull Inflation and 2. Cost-Push Inflation. -- FED and Unemployment Nu...

How to find a business partner...I breakdown the good, the bad, the ugly in working with partners. I dive into... - Network is crazy. - Everyone knows what you're doing... - Align Vision / Goals - Complementary Skills - Handling Disagreements - Work Together Before Partnering - Partnership Operating Agreement - Be the partner you want to be Episode Resources Connect with Ryan Condie http://linkedi...

John bought his family's plumbing company and has since bought 5 other companies which led to over 900% revenue growth. We dive into: — Buying a Family Business + Valuations — Doubling his business overnight through Acquisitions — How to scale past $3M with Systems You're going to want to follow John on Twitter and the inter webs. Episode Resources Connect with Ryan Condie http://linkedin.com/in/r...

Lisa Forrest has been doing SBA loans for decades. She has seen it all. Lisa is hyper-focused on this searcher community and specializes in getting deals done with searchers, which is you. That's why you are listening. We dive into… -- Self Funded vs. Traditional Search -- Deal structures for deals between $1M to $12M -- Real Life Structures -- How best to work with lenders And many more. Lisa is...

Freddy scaled his commerce brand to 7 figures while living abroad in Mexico City. He then sold it to focus on building/acquiring his next business. We dive into: Building a network around you with like-minded people Putting yourself in uncomfortable situations for growth Finding your own path Freddy is super cool and can be found at pointspanda.com. Episode Resources Connect with Ryan Condie http:...

Jenn and Ryan dive into the state of the market, what they are looking for, what they are avoiding, and how to stand out. Spoiler: Jenn and Ryan are actually approaching the market differently. Episode Resources Connect with Ryan Condie http://linkedin.com/in/ryancondie http://letsbuyabusiness.com/ https://forms.gle/RRcXpe3dK7pNGqv16 https://twitter.com/RyanPaulCondie https://twitter.com/Anderjen...

Will Taylor Jr. is a fantastic entrepreneur. He walked into a gym to join it and ended up buying the gym instead. We dive into... — Being the dad that's in the memory book — Working with your spouse — How to start your business while doing your day job — Why expand into 2 locations — Why sell your business? Will started Taylor Green Media to help gym owners across the country. Episode Resources Co...

We hired a CEO for our business. Life changes. Goals change. My partner and I over the past 2 months have had other opportunities start to take massive amounts of time. I dive into how we hired them, how we tested working with them before, details about the offer and structure. Episode Resources https://acquisitionlab.com/ Connect with Ryan Condie http://linkedin.com/in/ryancondie http://letsbuyab...

I dive into tactical ways to find an off-market business for sale. You are positioning yourself as the solution for people to retire. You are their retirement. Reach out to 5-10 owners Make sure you want this lifestyle / solve those problems Find out where they hang out Virtual - FB Groups, Sites, Forums, Newsletters. Conferences / Tradeshows Advertising on Trade Magazines and sites, small budget...

Matt Remuzzi started CapForge, wonderful bookkeeping, and CPA firm. He has helped 100's, maybe 1000's of buyers and sellers with their books. I started to use them when I bought a business that had their books done by them. It was THAT convincing. Matt and the CapForge team can help you in due diligence and his unique perspective as a business owner is not just about numbers. Episode Resources Con...