Let's Buy a Business

Am I picking the right partner? Trust Complementary Skills Shared Goals and Lifestyle Commitment Level Assessing Risk A Few Key Questions: What do you want out of this business? What is success here? What if we have an extra $50k in profit? What would you want to do with it? MORE COMMON - What if we needed to put in extra money into the business? Can you do that? Equity split...     Free SBM Finan...

Raleigh Williams is one of my favorite people. Not a stranger to the show, 2nd time at least but he always packed in so much value. He's bought, scaled, sold so many businesses. AND my favorite part of Raleigh is him betting on himself years ago after dropping down a pretty penny on a law degree. Raleigh walked away from a huge attorney career and salary to live life on his own terms. We dive into...

Would you switch Warren Buffett age and net worth? 94 years old and $143B Net Worth. No. You wouldn't. So I don't wish for it to be lunchtime either.   Free SBM Financial Courses https://letsbuyabusiness.com/courses/   (ROBS) Business FinancingTenet Financial Group - www.tenetfinancialgroup.com  -  diane@tenetfinancialgroup.com   Ready to level up but not 1 on 1 consulting? **How to Buy Your First...

Andrew Gazdecki is the founder and CEO of  Acquire.com  (used to be  MicroAcquire.com ) and is one of my favorite people in the M&A space. He's an incredibly successful entrepreneur and now helps facilitate buyers and sellers for smoother transactions.   Podcast Nuggies Insane growth with AI companies Helping a buyer/seller find a workaround on financing when the lender pulled out in the 11th hour...

How do you win competitive deals? Be Human, Get Creative (not weird seller financing people), and stand out.   Free SBM Financial Courses https://letsbuyabusiness.com/courses/   Want to invest in amazing entrepreneurs with vetted deals? Send a note to monica@letsbuyabusiness.com Ready to level up but not 1 on 1 consulting? How to Buy Your First Small Business through Acquisition Entrepreneurship h...

Jared Johnson is an SBA lender but also a business acquirer! He's bought 2 businesses and sold 1. This is a fantastic episode from someone who has been in the trenches for a long time. Podcast Nuggies: What has changed over the years What a perfect deal looks like Examples of deals falling apart in the 11th hour   Host of the Before You Buy or Sell a Business Podcast https://podcasts.apple.com/us/...

Are you bringing energy to a conversation or sucking the energy out? I have meetings with thousands of people a year. I dive into 5 ways to see if you add energy or suck energy out of every interaction. Do you only talk about yourself in conversations?  Who does the talking? Do you truly remember what was said on the other line? Do you pat yourself on the back? How often do people pick up your pho...

Spencer spent 6+ years searching for a business to buy. Life happens fast and many things paused his search over the years. Spencer is real here and we dive deep into a LONG search... A few he got serious with...  Melatonin Supplements for Kids Computer Chip Business Drive-Thru Technology   Podcast Nuggies Why his search went from a huge company to a STABLE company How to navigate life during your...

Entrepreneur Origin Stories - Quick dive into some pivotal moments for Daddy Yankee. Less about buying a business and more about a reinvention of oneself.   Free SBM Financial Courses https://letsbuyabusiness.com/courses/   Want to invest in amazing entrepreneurs with vetted deals? Send a note to  Monica@letsbuyabusiness.com   Ready to level up but not 1 on 1 consulting? How to Buy Your First Smal...

What true focus looks like.       Want to invest in amazing entrepreneurs with vetted deals?   Send a note to  monica@letsbuyabusiness.com   Ready to level up but not 1 on 1 consulting? How to Buy Your First Small Business through Acquisition Entrepreneurship https://letsbuyabusiness.com/course   Need Bookkeeping or Tax Help? Contact Darin at https://ashfordsky.com/ . He's awesome.

I love Day Jobs. 5 Reasons to Not Quit Your Day Job. Financial Runway NETWORK Stability for Family Build your Experience Practice Entrepreneurship  Bonus - Clarity - How to make decisions NOT out of desperation. + My Mistakes at my Day Job.   Free SBM Financial Courses https://letsbuyabusiness.com/courses/ Want to invest in amazing entrepreneurs with vetted deals? Send a note to  monica@letsbuyabu...

Darin Pierson is a bookkeeper and CPA AND has bought his own businesses. When we say he's been in the trenches, it's not fake. Darin has also created a free course on SMB Financial Basics for all listeners.   Podcast Nuggies: 4 ways money comes in, 4 ways it goes out Cash vs Accrual Accounting Good vs Bad books How to tell if a bookkeeper is good MONEY IN Revenue Asset sale Loan Personal capital i...

Diane Rosenkrantz has served as a Senior Consultant with Tenet Financial Group since 2009. She is detail oriented which is so critical with something like this. BUT this time, we dive into real stories of using your 401k.   Podcast Nuggies: Pecan Farms, Christmas Tree Farms and Cabin Compounds - ✅✅✅ Buying an Airplane? ✅✅ Hotels? ✅   Previous Episode with Diane - https://podcasts.apple.com/u...

Daniel Astleford is amazing. He's so humble yet doing so many cool things. He buys a fireworks stand with a unique structure. These things have crazy revenue windows of only a few days a year. Daniel is also in the middle quitting his job(!) while starting his CPA business. We dive into so many interesting substories here. Podcast Nuggies: How to Buy a Firework Stand Quitting your Job 6 Months in...

https://amzn.to/4erKruP Sam Whitney is one of my favorite people. He's an entrepreneur, father and now an author. We dive into the process of writing his book. * Key insight: After reading this book, my readers should do a date, feel hopeful towards marriage, and think of ways they are getting in the way. *He was dialed in on the SPECIFIC goals of each step here.   Podcast Nuggies: Starting a busi...

$500 for one night of entertainment? $50 to watch a Netflix Show? $10 for GPS in New Zealand? What do these all have in common?     Want to invest in amazing entrepreneurs with vetted deals? Send a note to monica@letsbuyabusiness.com   Ready to level up but not 1 on 1 consulting? How to Buy Your First Small Business through Acquisition Entrepreneurship https://letsbuyabusiness.com/course

We dive into a real business for sale and walk through how to structure and think about the LOI here. We also dive into a bunch of common questions to ask.   Secure your spot in The Self-Funded Search Conference: selffundedsearchconference.com   YouTube - Need more hands-on videos?   Want to invest in amazing entrepreneurs with vetted deals? Send a note to monica@letsbuyabusiness.com   Ready to le...

Taylor Brown is one of my favorite people. By the way, I only have my favorite people on the show. This episode has it all. One of my favorites. It will hit home.   Podcast Nuggies: Pivot Moments in Life and Career What betting himself did with his family Not Quitting your job Getting started with ideas around you   Secure your spot at The Self-Funded Search Conference: selffundedsearchconference....

Stephen Speer is the founder and CEO of Ecommerce Lending, which specializes in SBA loans. He's done over 500 transactions, with only 3 deals failing after purchase. Podcast Nuggies + Seller Mistakes: Bad Financial bookkeeping Co-mingling of assets No diversification + Pari Passu Financing   Secure your spot at The Self-Funded Search Conference: selffundedsearchconference.com   Want to invest in a...

Why do brokers reject most of the businesses they see? AND, what is happening in the economy??   Secure your spot at The Self-Funded Search Conference: selffundedsearchconference.com   Want to invest in amazing entrepreneurs with vetted deals? Send a note to monica@letsbuyabusiness.com   Ready to level up but not 1 on 1 consulting? How to Buy Your First Small Business through Acquisition Entrepren...

Behdad Jamshidi has met with over 800 agencies. That's insane. Behdad has a wealth of knowledge in business and lifestyle design. We dive into different agency business models and how to pick the right agency. He pairs entrepreneurs and businesses with the right agency. Cool business model. Podcast Nuggies: How to hire an agency. How to make an agency partnership successful. Owners not owning the...

Risks = They sleep well at night. No Debt = Walk away option Cost Basis...   Secure your spot at The Self-Funded Search Conference: selffundedsearchconference.com Want to invest in amazing entrepreneurs with vetted deals? Send a note to monica@letsbuyabusiness.com  of  r@letsbuyabusiness.com Ready to level up but not 1 on 1 consulting? How to Buy Your First Small Business through Acquisition Entre...

James Lincoln put on the BYU ETA event in March 2024. There were 200+ people there from 25% students to 75% (150+) professionals. Top Podcast Nuggies MBA programs funding your search What to expect at an ETA event How to fund your search Ampleo: The Go-To Source for Financial Due Diligence https://lp.ampleo.com/transaction-advisory   Want to invest in amazing entrepreneurs with vetted deals? Send...

Patrick breaks down Net Working Capital into digestible bites. Working Capital is incredibly confusing and usually makes deals fall apart in the 11th hour.   Podcast Nuggies: WALK THE MONEY Understanding the Collection of AR + Days to pay vendors Ask the Experts Ampleo: The Go-To Source for Financial Due Diligence https://lp.ampleo.com/transaction-advisory   Want to invest in amazing entrepreneurs...

Jordan Hammond is an absolute beast and inspiration to me. He had some huge setbacks early on that should've sent him on a different path.   Podcast Nuggies 2 Acquisitions Making Friends with competitors Hanging around the Hoop   Ampleo: The Go-To Source for Financial Due Diligence https://lp.ampleo.com/transaction-advisory Want to invest in amazing entrepreneurs with vetted deals? Send a note to ...