Let's Buy a Business

Peter Lohamnn is amazing. He transitioned from a great career as an engineer and focused on building out his real estate portfolio. Peter then doubled down on his property management company. We dive into: - How to find a partner - How to bridge the gap from quitting your day job to pursuing your entrepreneurial dreams - How to acquire competitors Episode Resources Connect with Ryan Condie http://...

Kevin Oh has been an online business broker since 2016 with FE International. He's seen 100's if not 1000's of businesses across dozens of countries. We dive into how to stand out as a buyer, the trends in the space, how to structure larger ($5-10M) deals, and what to expect from FE International.com. Kevin was the seller's broker on my deal from 6 months ago. Episode Resources Connect with Ryan C...

Do you ever chat with someone and know they are going to be famous or insanely successful one day? Connor is one of them. Connor Gross is making huge moves. He built and sold his first company while in college which opened up massive opportunities. We dive into his exits, his 2 acquisitions, and how he hires CEO's and GM's to run these businesses. Episode Resources Connect with Ryan Condie http://...

Kevin McArdle went from a VP in Health Tech to starting a fund to acquire 39 businesses in 5 years. SureSwift Capital is changing the speed and the way SaaS acquisitions and roll-ups are done. Here we dive into his back story, why make a shift from a perfectly good career, and how he positioned himself to take risks with mouths to feed. This is one of my favorite episodes and if you aren't followi...

Greg Elfrink, head of marketing at Empire Flippers, dives into EmpireFlippers.com and EF Capital. EF Capital is a way for investors to invest money but not time into digital assets. Think about all investing as a way to spread your risk and upside across different asset classes. Greg estimates that 20% of deals will go to zero, hence it's important to invest in a lot of deals to diversify. Operato...

Joe is in the thick of the search. He's had an amazing corporate career so far and looking to make a switch. We dive into where he's at, what he's struggling with and how to tap into your network. Diving into what is your ideal acquisition and where you want to be in 5, 10, 20 years is key. You can look at a lot of companies that can run into never making a decision. Secret Tip: There is a deal wa...

Joel (seller) and Tyler (buyer) are on the podcast at the same time. Joel and his partner built Copper Pearl and then sold it to Tyler who has continued the legacy. Joel sold a perfectly good business that was exploding in growth while Tyler moved his family across the states and took on a huge personal guarantee. We dive into trust and how the buyer/seller relationship is not a one-time transacti...

Quick Podcast update! New Sponsors are on board! Spencer Peterson and I give feedback and advice from what we've learned in our acquisition so far, being understanding as partners and how to take things to the next level. Episode Resources Connect with Ryan Condie http://linkedin.com/in/ryancondie http://letsbuyabusiness.com/ https://forms.gle/RRcXpe3dK7pNGqv16 Check out our Sponsor at https://mic...

Ray Drew is an SBA expert at Fund-Ex Solutions Group with over 10+ years in SBA lending. His company is not a bank but a SBA lender, one of 14 non-bank SBA lenders in the country. We dive into multiple deals, how they are structured and how to stand out from the crowd right now. There are lots of incentives for SBA loans right now including 3-month loan payments (up to $9k per month) and waiving t...

Jesse is so entertaining and packs a great value punch. He has seen it all - VC, PE, SMB financing, brokering. Jesse always has a unique take on things and kicks excuses in the face. Jesse breaks down how to raise money from the right investors. There will definitely be a Round 2 coming up....and Round 3 with Jesse. Episode Resources Connect with Ryan Condie http://linkedin.com/in/ryancondie http:...

I dive into 2 listings that catch my eye. I realized fast that these were not the best fit for me, I unpack why and how I'd grow them. https://www.alpinebusinessbrokers.com/online-drop-shipping-business/ https://feinternational.com/buy-a-website/30828-e-commerce-yacht-marine-luxury-lighting-products-17m-gross-yr Episode Resources Connect with Ryan Condie http://linkedin.com/in/ryancondie http://le...

Blake is the CEO of Flippa.com, the #1 marketplace to buy and sell digital assets. Flippa has the most buyers, the most sellers, and the most transactions around. My favorite topic was when he talked about "Owning Your Future". Make decisions for yourself. We dive into asset classes, life-changing businesses, and how to take advantage of the digital real estate world. Episode Resources https://for...

Shaylan Hurley texted me and said, "I just quit my job and bought 2 companies"…that will get your attention. We dive into mentors, finding deals, structuring deals, and how to stand out. Shaylan is also very good at attacking his fear with full force. Episode Resources Connect with Ryan Condie http://linkedin.com/in/ryancondie http://letsbuyabusiness.com/ https://forms.gle/RRcXpe3dK7pNGqv16 Deal F...

Chris Younger from Class VI Investments has been a lawyer, 'deal guy', President, GM, Buyer, and Seller. He's done it all from all sides of the table. Some were home runs. Some were duds. Some were just ok. If the key person led sales, operations or was critical to the business, it was incredibly tough to post-closing. Every business needs a #2 to step up. Episode Resources Connect with Ryan Condi...

Mushfiq has done what most people aspire to and has done it on the side. He's bought, built, and sold over 100+ sites. Mushfiq is the Founder of thewebsiteflip.com. He's been buying, growing, and selling sites as a side-business with many 6-figure exits. He is a Super Seller on Flippa's platform. Hires a team, has a day job, crushes life.   Episode Resources Connect with Ryan Condie http://linkedi...

I'm 2.5 years away from quitting my corporate gig for the 2nd time and 2 ~$600k businesses I like that are for sale. Episode Resources Connect with Ryan Condie http://linkedin.com/in/ryancondie http://letsbuyabusiness.com/ https://forms.gle/RRcXpe3dK7pNGqv16 Ryan's Twitter - https://twitter.com/ryanpaulcondie Deal Flow Newsletter - http://letsbuyabusiness.com/newsletter 6 Months to CEO Course - ht...

Here are 2 off-market deals for sale...right now. Hit me up if you're interested. Sign up for my newsletter if you want early access to podcast listeners. http://letsbuyabusiness.com/newsletter   Episode Resources Connect with Ryan Condie http://linkedin.com/in/ryancondie http://letsbuyabusiness.com/ https://forms.gle/RRcXpe3dK7pNGqv16 Twitter - https://twitter.com/ryanpaulcondie Deal Flow Newslet...

Mike is the CEO of ExitOasis.com and has bought, built, and sold 4 businesses. He's also been a broker and coaches people on how to sell their business now. Mike found his first acquisition by driving around town and talking to owners. His Framework of Successfully Selling your Business: 1. Desirable Results 2. Duplicate Results 3. Document Results The Owners wait too long to think about getting i...

Business acquisition update, podcast update - 50k lifetime downloads! Just lost a deal but that's life. It happens. There are still great deals out there.   Episode Resources Connect with Ryan Condie http://linkedin.com/in/ryancondie http://letsbuyabusiness.com/ https://forms.gle/RRcXpe3dK7pNGqv16 https://twitter.com/RyanPaulCondie 6 Months to CEO Course - https://courses.buythenbuild.com/courses/...

Raul is one of the most efficient and clear executors I know. He dives into how business owners can get clear on what they want, develop those systems and live a more freeing life. This is a special episode for anyone who implements what he teaches. You can find more about him at dogoodwork.io/essentials  Episode Resources Connect with Ryan Condie  http://letsbuyabusiness.com/ https://forms.gle/RR...

Andrew is the CEO and Founder of MicroAcquire. He's built and sold a $10 ARR SaaS company, a crypto startup, and now launched a buying marketplace. Andrew is full of stellar advice about starting small, understanding how deals are done and how you can't do a good deal with a bad person. Check Out MicroAcquire.com for more deals.   Episode Resources Connect with Ryan Condie http://linkedin.com/in/r...

Starting vs Buying. Small vs Large. It's ok to start small. It has limited upside but also has limited downside.   Episode Resources Connect with Ryan Condie http://linkedin.com/in/ryancondie http://letsbuyabusiness.com/ https://forms.gle/RRcXpe3dK7pNGqv16 Consulting - http://letsbuyabusiness.com/consulting https://twitter.com/ryanpaulcondie   

When I bought my last company, we hired 3 agencies to evaluate a part of the business we did not understand. We used their reports to hire our agency partner moving forward.   **Also, if you send a business my way for sale and if we acquire it, we'll definitely take care of you. Episode Resources Connect with Ryan Condie http://linkedin.com/in/ryancondie http://letsbuyabusiness.com/ https://forms....

This is a special episode. Sam breaks down so many pieces of entrepreneurship and acquisitions perfectly. We cover how to structure a deal, find a partner, slow down the frenzy after you acquire a business, and figuring out how to have fun while building wealth and businesses.   PLUS - For all the doubters out there, he never quit his day job.   Episode Resources Connect with Ryan Condie http://li...

I connected with my childhood best friend for the first time in years. We talked about buying a business and how to determine the right business for someone.   Full time or Part-time Lifestyle Goals Skill Sets Risk Comfort Level   Episode Resources Connect with Ryan Condie  http://linkedin.com/in/ryancondie   http://letsbuyabusiness.com/   https://forms.gle/RRcXpe3dK7pNGqv16 Consulting - http://le...