Let's Buy a Business

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 ...

The Donut King - How the Cambodian Immigration Wave took over the donut industry. This is an awesome story of hard work, creativity, leaning into your special sauce (FREE LABOR), and not letting your head get too big.   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  monica@...

Nathan has coached leaders from Google to DoorDash to P&G in mastering the inner game. The inner game is critical for all entrepreneurs, executives, parents, and basically all humans. He started at Lehman Brothers where I had a front-row seat to the largest bankruptcy in history. Podcast Nuggies Developing a Clear Vision Daily Routines and Practice (practice before you need it) Buckets of Life   A...

We have a lot of new listeners. I dive into my background, a few business stories that shaped and how I changed my career path every few years. I still continue to reinvent my career every 2 years. I'm sure you do too.   Ampleo: The Go-To Source for Financial Due Diligence https://lp.ampleo.com/transaction-advisory Need more help in your search? Consulting open for 2 spots. https://letsbuyabusines...

Reid Tileston has 15 years of successful, on-the-ground entrepreneurial business ownership experience; acquiring, opening, growing, and selling four companies from franchises to dirty work. He's also an endurance athlete – ultramarathons, an Ironman, mountaineering, open-water swims, competitive stair climbing. He one-time climbed the highest staircase in the world in Switzerland. Reid tells all i...

Two businesses I like. Do your own research. :) Landscape Business Owner Retiring - Utah https://www.bizbuysell.com/Business-Opportunity/landscape-business-owner-retiring/2200701/ #1 Indoor Shooting Range & Gun Store in growing Eastern PA! https://www.bizbuysell.com/Business-Opportunity/PENDING-1-Indoor-Shooting-Range-and-Gun-Store-in-growing-Eastern-PA/2142352/   Ampleo: The Go-To Source for Fina...

Brian Luebben was a top 10 sales rep in a Fortune 500 company. That means a lot of reps. Brian is the podcast host of Action Academy and paved his way out of his job through managing RE properties while traveling the world.   Good was the enemy of great for Brian.   Podcast Nuggies:   - How to calculate your baseline to survive and take chances - 3 Year Vision - How to avoid the Appearance of Fail...

Michael Frew is a technology veteran with 20+ years of experience working with major players like Lockheed Martin, IBM, and Amazon. Transitioning to Acquisition Entrepreneurship, Michael now manages an 8-figure portfolio of cloud-based software companies, generating a 7-figure annual income. His digital business acquisitions and operations expertise has earned him recognition in outlets like FE In...

Live Business For Sale -We dive in with Matt Hash on his Mobile Trash Compaction Business which is listed for sale right now. FF&E - $220k Rev - $175k Profit - $80k Price - $449,000 https://www.bizbuysell.com/Business-Opportunity/Established-Mobile-Trash-Compaction-Business/2155561/   Sponsors: Ampleo: The Go-To Source for Financial Due Diligence https://lp.ampleo.com/transaction-advisory Ready to...

Emotional Homes. It's not what is the best for us, it's what we're used to. "The quality of my life is the quality of my habitual emotions. Our habitual emotions are our emotional homes. It's what we are conditioned to return to." - Tony Robbins Sponsors : Ampleo : The Go-To Source for Financial Due Diligence https://lp.ampleo.com/transaction-advisory Ready to level up? Join the Let's Buy a Busine...

Austin Larson is 6 months into his search. We jump into how he can fund his search and tweak was he is looking for. Real-Time. This is a unique episode. Many searchers are going through this same problem. Podcast Nuggies: - His background so we can understand his value adds - Reducing Burn + Light W2 Options - How to contact business owners + Joint Venture Options - Brainstorming Local Businesses...

Alright, a question I get often. What is the difference between EBITDA vs SDE ? We dive into a few high-level differences to watch out for when evaluating businesses. EBITDA is typically used for larger businesses ($2-3M+ Profit). SDE is typically used for smaller businesses. BUT neither of those is cash flow. A few podcast nuggies: - SDE is not Cash Flow - Loan payments don't show up on the P&L m...

Mitch Woodhead went from software sales to Salesforce consultant to buying a SaaS business. What a ride here. This is one of my favorite episodes. Mitch opens up about how he taught himself Salesforce, got his first client, transition to consultant to free up his time and search more. He then opens up about his acquisition, what he did right and what he'd do differently. Podcast Nuggies: - W2 to C...

Diane Rosenkrant has served as a Senior Consultant with Tenet Financial Group since 2009. She is detail-oriented which is so critical with tricky 401K ROBS. This is a special episode and can be A GAME-CHANGER for many.   ROBS 401K - Rollover as a Business Start-Up Podcast Nuggies: What is a 401k ROBS? What can a ROBS 401K be used for? What mistakes do people make? Sponsors: Ampleo: The Go-To Sourc...