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Let's Buy a Business

Let's Buy a Business

396 episodes — Page 4 of 8

Ep 252How to Buy a Mountain Resort in a 300-Person Town with Rob Thompson

Rob Thompson left a lucrative tech career to buy a small mountain resort in the middle of nowhere. The nearest town has 300 people and his resort has 10 hotel rooms, 12 cabins, and 12 train cars you can stay in. We dive into… - All types of entrepreneurship that opened doors - Making Huge life Decisions and moving to a town of 300 people - Rethinking his Corporate Career - How he found the resort - Day 1 through 30 in running the resort Don't miss this episode. :) Episode Resources Exclusive to Let's Buy a Business podcast, get $25 just by taking a demo to learn more about Divvy, sign up here: Divvy | Start or letsbuyabusiness.com/divvy Free Book - The EXITpreneur Playbook 10-Step Video series to Finding a Company to Buy Connect with Ryan Condie http://linkedin.com/in/ryancondie http://letsbuyabusiness.com/ https://calendly.com/ryancondie/podcast-15-minutes Connect with Rob Thompson https://www.bigrockcandymountain.com/ https://www.facebook.com/BigRockCandyMountainResort/ https://www.linkedin.com/in/thompsonrobert

Aug 9, 202221 min

Ep 251Avoiding Due Diligence Pitfalls with Ahmed Raza

Ahmed Raza has bought several businesses and now runs RapidDiligence.com which helps others evaluate businesses. From 1 off deals to streamlining his process, he helps others avoid pitfalls in the search world. We dive into… Underestimate the amount of work required Costs outside of COGS, what creeps up here Angel deals and structure Episode Resources Free Book - The EXITpreneur Playbook 10-Step Video series to Finding a Company to Buy Exclusive to Let's Buy a Business podcast, get $25 just by taking a demo to learn more about Divvy, sign up here: Divvy | Start or letsbuyabusiness.com/divvy Connect with Ryan Condie http://linkedin.com/in/ryancondie http://letsbuyabusiness.com/ https://forms.gle/RRcXpe3dK7pNGqv16 Connect with Ahmed Raza https://rapiddiligence.com/ https://www.linkedin.com/in/araza617

Aug 4, 202222 min

Ep 250$1M For a Business Selling Phones to the Elderly with Lewis Fausett

We dive into a business for sale selling phones to older people. :) Episode Resources Free Book - The EXITpreneur Playbook 10-Step Video series to Finding a Company to Buy Exclusive to Let's Buy a Business podcast, get $25 just by taking a demo to learn more about Divvy, sign up here: Divvy | Start or letsbuyabusiness.com/divvy https://quietlight.com/listings/8791468/ Connect with Ryan Condie http://linkedin.com/in/ryancondie http://letsbuyabusiness.com/ https://forms.gle/RRcXpe3dK7pNGqv16 Connect with Lewis Fausett [email protected]

Aug 2, 202215 min

Ep 249How Kat Weaver Won 6-Figures to Start Her Business

Kat Weaver is an incredible entrepreneur with a successful exit for her first business in 2022. She won over 6 figures of grants and free money to start her first business. Kat now helps entrepreneurs raise money for their own businesses. We dive into… — Rethinking capital to launch or acquire a business — How to seek out investors — How to raise money from investors Episode Resources Exclusive to Let's Buy a Business podcast, get $25 just by taking a demo to learn more about Divvy, sign up here: Divvy | Start or letsbuyabusiness.com/divvy 10-Step Video series to Finding a Company to Buy Connect with Ryan Condie http://linkedin.com/in/ryancondie http://letsbuyabusiness.com/ https://forms.gle/RRcXpe3dK7pNGqv16 Connect with Kat Weaver https://www.powertopitch.com/ https://www.linkedin.com/in/katweaver/ [email protected]

Jul 21, 202222 min

Ep 248Everything About Using Your 401K to Buy a Business - Frank Selden Interview

We dive into how to use your existing 401k to invest or buy a business or real estate. Fascinating topic that is incredibly complex. Frank shoots you straight here. This is known as ROBS or Rollover as Business Start-ups. Episode Resources 10-Step Video series to Finding a Company to Buy Exclusive to Let's Buy a Business podcast, get $25 just by taking a demo to learn more about Divvy, sign up here: Divvy | Start or letsbuyabusiness.com/divvy Connect with Ryan Condie http://linkedin.com/in/ryancondie http://letsbuyabusiness.com/ https://forms.gle/RRcXpe3dK7pNGqv16 Connect with Frank Selden http://www.401krobspros.com/ http://frankseldonlaw.com/

Jul 19, 202228 min

Ep 247Two Deal Listing Deep Dives - Texas Edition

Here are two businesses for sale right now that caught my eye from Texas Business Buyers. I dive into the high-level overview of their listings and what areas I would focus on for due diligence. Aquarium for Sale 30-Year-Old Plumbing Business Episode Resources Exclusive to Let's Buy a Business podcast, get $25 just by taking a demo to learn more about Divvy, sign up here: Divvy | Start or letsbuyabusiness.com/divvy Connect with Ryan Condie http://linkedin.com/in/ryancondie http://letsbuyabusiness.com/ https://forms.gle/RRcXpe3dK7pNGqv16

Jul 14, 202213 min

Ep 246Building a World-Class Customer Experience with Your Acquisition with Scott Porter

Scott Porter is world-class in everything he does. His customer experience touch points are gold and we dive into… -- How to stand out as a boring business (he used to run 3 nursing homes, yeah, that's boring!) -- Seeking Challenges in your Career (he was on the founding team of an airline that just SPAC'd) -- Humanizing Experiences in everyday life. Episode Resources Exclusive to the Let's Buy a Business podcast, get $25 just by taking a demo to learn more about Divvy, sign up here: Divvy | Start or letsbuyabusiness.com/divvy Connect with Ryan Condie http://linkedin.com/in/ryancondie http://letsbuyabusiness.com/ https://forms.gle/RRcXpe3dK7pNGqv16 Connect with Scott Porter https://www.linkedin.com/in/scottcraigporter/ https://www.instagram.com/sandiablochurros/ TACOINCIDENCE Podcast 15% off GROUP ORDERS for the Churro Fiesta in a Box (corp gifts) 15% off on our website with Discount Code: "LetsBuy" Info on Exec Taco Tour Masterminds in Mexico City https://www.instagram.com/forevervitamint/

Jul 8, 202226 min

Ep 245Mistakes I'm seeing Often from Buyers Right Now

2 Glaring Mistakes: Being too broad or too narrow on business criteria that aren't matching your effort. Nickle and Diming when you find a great business. Episode Resources Exclusive to Let's Buy a Business podcast, get $25 just by taking a demo to learn more about Divvy, sign up here: Divvy | Start or letsbuyabusiness.com/divvy Connect with Ryan Condie http://linkedin.com/in/ryancondie http://letsbuyabusiness.com/ https://forms.gle/RRcXpe3dK7pNGqv16

Jun 23, 20228 min

Ep 244How to View Mainstreet Businesses in a Recession with Clint Fiore

Clint has 7+ years as a broker. 40+ deals. That's a lot. Bought businesses, grew them, hired operators, a pilot, an awesome dad, etc. He's one of the clearest thinkers I've met in this space and that's because this isn't his first rodeo. You're gonna love these gems by Clint. Episode Resources Exclusive to Let's Buy a Business podcast, get $25 just by taking a demo to learn more about Divvy, sign up here: Divvy | Start or letsbuyabusiness.com/divvy Connect with Ryan Condie http://linkedin.com/in/ryancondie http://letsbuyabusiness.com/ https://forms.gle/RRcXpe3dK7pNGqv16 Connect with Clint Fiore https://texasbusinessbuyers.com/ https://twitter.com/TxBusinessBuyer https://twitter.com/ClintFiore https://www.linkedin.com/in/clintfiore

Jun 17, 202226 min

Ep 243My Brief Background + 3 Unique Deal Structures

I dive into my background of starting 10 businesses, buying/selling 12 deals, and 3 unique deal structures. Episode Resources Exclusive to Let's Buy a Business podcast, get $25 just by taking a demo to learn more about Divvy, sign up here: Divvy | Start or letsbuyabusiness.com/divvy Connect with Ryan Condie http://linkedin.com/in/ryancondie http://letsbuyabusiness.com/ https://forms.gle/RRcXpe3dK7pNGqv16

Jun 14, 202216 min

Ep 242What You Will feel as a Searcher with Jordan Carter

This is one of my favorite episodes. Jordan Carter dives into many of the fears and doubts that you have while searching. We dive into... -- Telling Family and Friends -- What if it goes bust? -- What will people say and think -- How you can't search part time -- How to fund your acquisition Episode Resources 10 Step Video series to Finding a Company to Buy Connect with Ryan Condie http://linkedin.com/in/ryancondie http://letsbuyabusiness.com/ https://forms.gle/RRcXpe3dK7pNGqv16 Connect with Jordan Carter https://www.searchinvestgroup.com/ [email protected]

Jun 7, 202234 min

Ep 241Alternative Lending Options for $5-$20M businesses with Stephen Speer

Stephen is an OG in the lending space, especially for online businesses. He knows how these businesses operate which is rarer from lenders. BUT now he has something he's been working on for 7+ years which is how to fund businesses in the $5M - $20M range. We dive into... -- Capital Access Fund -- Alternative ways to Finance $5M - $20M businesses -- All things criteria, size, interest rates, PG's, etc. Episode Resources 10 Step Video series to Finding a Company to Buy Connect with Ryan Condie http://linkedin.com/in/ryancondie http://letsbuyabusiness.com/ https://forms.gle/RRcXpe3dK7pNGqv16 Connect with with Stephen Speer https://www.linkedin.com/in/stephenspeer https://ecommercelending.com/

May 26, 202216 min

Ep 240How to Buy a Business that Needs You with Jason Condie

Jason Condie went from a 7th grade Spanish teacher to owning multiple businesses in less than 3 years. He just acquired a website and digital course business that needed his skillset. We dive into... - Complete Career Transformation - Hiring the Whos and NOT learning the Hows - Motivated Sellers - Risk Tolerance - Buying a Business that needs you. Episode Resources 10 Step Video series to Finding a Company to Buy Connect with Ryan Condie http://linkedin.com/in/ryancondie http://letsbuyabusiness.com/ https://forms.gle/RRcXpe3dK7pNGqv16 Connect with Jason Condie [email protected]

May 24, 202220 min

Ep 239Robert Graham and Juan Ruiz - Examples of Multimillion Dollar Deals

Robert Graham and Juan Ruiz dive into specific deal examples for searchers. Robert helped 6 searchers close deals last year and Juan runs COMMUNETA at Harvard. We dive into… Dealing with non-recurring revenue How to handle unique business risk with investors Stock Sales to keep contracts in place Unions :) It's a fun convo. Episode Resources Connect with Ryan Condie http://linkedin.com/in/ryancondie http://letsbuyabusiness.com/ https://forms.gle/RRcXpe3dK7pNGqv16 Connect with Juan Ruiz http://communeta.com/ [email protected] Connect with Robert Graham https://www.linkedin.com/in/robertelliotgraham http://searchinvestgroup.com/ [email protected] https://www.linkedin.com/company/searchinvestgroup

May 17, 202228 min

Ep 2385 Ways to Free Up Cash Flow in Inventory Business - Matt Putra

Matt Putra is an eCommerce expert and fractional CFO for eCommerce brands. He's built, bought and consults for many eCom brands. We dive into… How to free up cash flow 5 Specific Actions to take to squeeze out working capital Good Debt vs Bad Debt Why eCom is taking a massive hit. Episode Resources 10 Step Video series to Finding a Company to Buy Connect with Ryan Condie http://linkedin.com/in/ryancondie http://letsbuyabusiness.com/ https://forms.gle/RRcXpe3dK7pNGqv16 Connect with Matt Putra https://www.linkedin.com/in/mattputra https://www.eightx.co/ https://keepnaturewild.com/

May 12, 202217 min

Ep 237Mike Finger - 4 Successful Exits, Unique Acquisitions

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: Desirable Results Duplicate Results Document Results The Owners wait too long to think about getting it ready to sell, then they fail. Episode Resources Connect with Ryan Condie http://linkedin.com/in/ryancondie http://letsbuyabusiness.com/ https://forms.gle/RRcXpe3dK7pNGqv16 Connect with Mike Finger Linkedin - https://www.linkedin.com/in/mike-finger-35130b31/ [email protected] https://exitoasis.com/ Help to defend Ukraine — donate to Ukraine's main charity fund — https://savelife.in.ua/en/donate/ Help to defend Ukraine — donate to the fund of the National Bank of Ukraine: https://ukraine.ua/news/stand-with-ukraine/ Ryan Twitter - https://twitter.com/ryanpaulcondie

May 5, 202232 min

Ep 236What Makes a Good Seller

I dive into a short episode on an example of a good seller, the business traits and their own traits that generated a ton of interest in the market. -- No Short Cuts in Bookkeeping or Products -- Built for Transition - Hired the right people to Optimize -- Steady growth for 6 years of Operating History -- Good Margins on Evergreen products and Industry -- Good People Recipe for success. :) Episode Resources Help to defend Ukraine — donate to Ukraine's main charity fund Help to defend Ukraine — donate to the fund of the National Bank of Ukraine Connect with Ryan Condie http://linkedin.com/in/ryancondie http://letsbuyabusiness.com/ https://forms.gle/RRcXpe3dK7pNGqv1

Apr 28, 20228 min

Ep 234Online Tricks to Old School Business: Interview with Matt Blackwelder

Matt was the main guy going in to acquire businesses to run them. His Private Equity company bought 18 businesses in 18 months with Jared Zemp. We also breakdown how to use new tactics from online to offline businesses. Episode Resources Help to defend Ukraine — donate to Ukraine's main charity fund Help to defend Ukraine — donate to the fund of the National Bank of Ukraine Connect with Ryan Condie http://linkedin.com/in/ryancondie http://letsbuyabusiness.com/ Connect with Matt Blackwelder https://www.linkedin.com/in/matthew-blackwelder-004a91b1/

Apr 19, 202240 min

Ep 233Jared Zemp Interview - Buying 18 Businesses in 18 Months (Part 1)

Jared bought 18 businesses in a very short time period. He talks about his highs and lows while creating a fund to buy and operate small businesses. Jared has some crazy acquisition stories such as 30% of his revenue from a furniture store he bought was actually a prostitution ring. He drops some knowledge bombs here if you want to buy businesses. Episode Resources Connect with Ryan Condie http://linkedin.com/in/ryancondie http://letsbuyabusiness.com/ Connect with Jared Zemp [email protected] https://www.crowchild.com/micro

Apr 14, 202225 min

Ep 232Buying a Commercial Janitorial + Hiring a GM from Day 1 with Jordan Inman and James Maxwell

Great episode with Jordan Inman and James Maxwell. They bought a great local business through a self-funded search process. We dive into.. -- When partners make sense -- Working with amazing sellers -- Deal Structure + Bankers on your team Episode Resources Traction Connect with Ryan Condie http://linkedin.com/in/ryancondie http://letsbuyabusiness.com/ https://forms.gle/RRcXpe3dK7pNGqv16 Connect with Jordan Inman and James Maxwell [email protected] [email protected]

Apr 4, 202228 min

Ep 231Lessons learned on 100's of Acquisitions with Jeremy Harbour - Go Do Deals

Jeremy is the founder and CEO of Unity Group, a leading merger, acquisitions, and IPOs firm that specializes in helping entrepreneurs grow their small to medium enterprises (SMEs). The firm actively invests in SMEs in the $1-$15m turnover range and has offered advice on over 300 mergers and acquisitions worth billions of dollars. We dive into... -- Deal Structure -- How to buy businesses through consulting -- Acquiring Competitors for $1 "You make money selling businesses, not operating businesses" Episode Resources Connect with Ryan Condie http://linkedin.com/in/ryancondie http://letsbuyabusiness.com/ https://forms.gle/RRcXpe3dK7pNGqv16 Connect with Jeremy Harbour https://www.jeremyharbour.com/ https://www.linkedin.com/in/jeremyharbour/?originalSubdomain=sg Go Do Deals

Mar 31, 202234 min

Ep 230Funding an Acquisition between $200-$400k

One of the most common questions I get is how to fund a business between the ranges of $200k and $400k. There aren't great options here because most banks won't loan on this amount, an unproven business sometimes, may not be big enough to support you, etc. Here are a few options though. 1. Save up. This can take awhile. 2. SBA from a local bank. Has to be local. 3. Find an investor on good terms, make it interesting to them. 4. Short term debt (I'M NOT A FAN OF THIS and don't recommend it) 5. Seller note 6. Find a new sweet spot in terms of price range. Episode Resources Help to defend Ukraine — donate to Ukraine's main charity fund Help to defend Ukraine — donate to the fund of the National Bank of Ukraine Connect with Ryan Condie http://linkedin.com/in/ryancondie http://letsbuyabusiness.com/ https://forms.gle/RRcXpe3dK7pNGqv16

Mar 24, 20228 min

Ep 229Businesses for Sale - Local Home Health Care and Online Pet

I do a short dive into 2 businesses I like on the market right now, home health care and a pet eCommerce business. Both look like solid buys with over $500k in SDE. Episode Resources Help to defend Ukraine — donate to Ukraine's main charity fund Help to defend Ukraine — donate to the fund of the National Bank of Ukraine Homecare Business Pet eCommerce Business Connect with Ryan Condie http://linkedin.com/in/ryancondie http://letsbuyabusiness.com/ https://forms.gle/RRcXpe3dK7pNGqv16

Mar 22, 20228 min

Ep 228How to Buy a SBA Business with an Investor - Thread by Clint Fiore

How to buy a business with little to no personal money down. Keep in mind, this is a path to do it but has some nuances that can be tough to do. Most deals will require money from you, as the buyer. You will also need to sign a fat Personal Guarantee and put in the sweat equity. This isn't a free ride. :) Episode Resources Help to defend Ukraine — Donate to Ukraine's main charity fund Help to defend Ukraine — Donate to the fund of the National Bank of Ukraine Connect with Ryan Condie http://linkedin.com/in/ryancondie http://letsbuyabusiness.com/ https://forms.gle/RRcXpe3dK7pNGqv16 Connect with Clint Fiore https://twitter.com/ClintFiore Clint's Thread

Mar 17, 202211 min

Ep 227eCommerce Business for Sale - Low Multiple

We dive into a business for sale. Key Points - $30k Purchase Price - 1.1x Multiple $27k SDE Big 3rd Party launch coming in 30 days - (she did $48k in revenue last year on this segment) **I am the advisor/broker on this listing. I normally keep all things brokering separate from the podcast but thought this could be interesting to the listeners. Many of you could fit this. Click here for more info https://quietlight.com/listings/10757697/ or Email [email protected] Episode Resources https://quietlight.com/listings/10757697/ Connect with Ryan Condie http://linkedin.com/in/ryancondie http://letsbuyabusiness.com/ https://forms.gle/RRcXpe3dK7pNGqv16

Mar 11, 20227 min

Ep 2254 Years to $5M Exit in the Solar Industry with Ryan Wallace

Ryan Wallace went from successful Stock Broker to starting NM Solar Group. Ups and Downs and then a $5M exit. Amazing nuggets in this story. Episode Resources 10 Step Video series to Finding a Company to Buy Mushfiq's Content Website Buying Course Connect with Ryan Condie http://linkedin.com/in/ryancondie http://letsbuyabusiness.com/ https://forms.gle/RRcXpe3dK7pNGqv16 Connect with Ryan Wallace https://www.linkedin.com/in/sdryanwallace/

Mar 3, 202215 min

Ep 224Business Search Pitfalls from over 200 Searchers with Chelsea Wood

Chelsea Wood runs the Acquisition Lab (www.Acquisitionlab.com) with Walker Deibel (Buy Then Build) and has worked with over 200 searchers and 40 acquisitions. Before helping entrepreneurs in the SMB space, she led acquisitions for a large healthcare company which went from $3B to $6B in revenue through acquisitions. - No silver bullet - Truly want to buy a business - Chasing after the wrong businesses that don't fit your needs ***WHY DOES THIS BUSINESS NEED MY SKILLSET? Episode Resources Connect with Ryan Condie http://linkedin.com/in/ryancondie http://letsbuyabusiness.com/ https://forms.gle/RRcXpe3dK7pNGqv16 Connect with Chelsea Wood www.Acquisitionlab.com www.acquisitionlab.com/application https://buythenbuild.com/ https://www.facebook.com/BuyThenBuild/

Mar 1, 202225 min

Ep 223Change the Terms, Not the Price

You name the price, I'll name the terms. Sometimes you can't change the price, change the terms instead. Episode Resources 10 Step Video series to Finding a Company to Buy Mushfiq's Content Website Buying Course Connect with Ryan Condie http://linkedin.com/in/ryancondie http://letsbuyabusiness.com/ https://forms.gle/RRcXpe3dK7pNGqv16

Feb 24, 20228 min

Ep 222The Business Search and Deal Structure with Robert Graham

Robert has a great background from investment banking to private equity where he bought/sold a lot of business. He started his own search and bought 3 complementary companies. Data shows that deals with partners can have significant increases. We dive into… - How to be successful in the search - Deal Structure with raising money - Latest changes in Search Episode Resources Connect with Ryan Condie http://linkedin.com/in/ryancondie http://letsbuyabusiness.com/ https://forms.gle/RRcXpe3dK7pNGqv16 Connect with Robert Graham https://www.searchinvestgroup.com/ https://www.linkedin.com/in/robertelliotgraham

Feb 22, 202231 min

Ep 221Buying Foundries Across America - Reg Zeller

Reg Zeller took his background from his corporate career to acquire foundries. Yes, foundries, workshops or factories for casting metal. They are on a buying spree and are operating profitably. Incredible business nuggets and life lessons being dropped here. This is a must listen to episode for anyone in any industry. Episode Resources Connect with Ryan Condie http://linkedin.com/in/ryancondie http://letsbuyabusiness.com/ https://forms.gle/RRcXpe3dK7pNGqv16 Reg Zeller Twitter - https://twitter.com/RegZeller Reg Zeller LinkedIn - https://www.linkedin.com/in/regzeller/ His Company - https://canekast.com/ Ryan Twitter - https://twitter.com/RyanPaulCondie

Feb 17, 202244 min

Ep 220Signing a Personal Guarantee

People are scared of Personal Guarantees (PG). They should be. Let me explain why you are required to sign one. Personal Guarantees are not for everyone. Neither is buying a business, BUT you're trying to jump forward 5-10 years ahead when you buy a company. Episode Resources Connect with Ryan Condie http://linkedin.com/in/ryancondie http://letsbuyabusiness.com/ https://forms.gle/RRcXpe3dK7pNGqv16 Personal Guarantees: https://buythenbuild.com/personal-guarantee Ryan Twitter - https://twitter.com/RyanPaulCondie

Feb 15, 20228 min

Ep 219How to Buy a Local Health Foods Store with Andrew Noel

Andrew went from corporate America to an entrepreneur in a short amount of time. He bought a great health foods store in Florida and has since grown the business over 30% in the first year. We dive into... - Leaving Corporate America for Flexibility and to add more value - Local Searches vs Industry Specific Searches - Lease Negotiations Episode Resources Connect with Ryan Condie http://linkedin.com/in/ryancondie http://letsbuyabusiness.com/ https://forms.gle/RRcXpe3dK7pNGqv16 Connect with Andrew Noel https://www.linkedin.com/in/andrewnoel/ [email protected]

Feb 8, 202226 min

Ep 217Why Buy A Profitable Online Business Instead Of Starting One with Ryan Condie [Part 1]

I join Jaryd Krause's podcast - Buying Online Businesses. I don't normally go on the other end and thought it would be good content and insights for you all. Part 1 - Imagine if you could skip forward 3-5 years in your online business journey, just from buying a profitable online business. Instead of spending a whole lot of time, money, effort and energy just trying to start an online business and still run the risk of it failing. You see 90% of all startups fail and Ryan Condie shares why this happens in this podcast episode. He also shares what mistakes he has made when buying online businesses and how he has been able to speed up his wealth creation immensely by following the right steps of acquiring businesses and then growing them. Rather than starting at ground zero. If you want to buy a profitable online business and skip the 90% failure rate this podcast is for you! Episode Resources YouTube: https://www.youtube.com/watch?v=fmLdgGCOk7I Direct watch/listen: https://buyingonlinebusinesses.com/ep-149-why-buy-a-profitable-online-business-instead-of-staring-one-with-ryan-condie-part-1/ iTunes: https://podcasts.apple.com/us/podcast/why-buy-a-profitable-online-business-instead/id1455428116?i=1000547720020 Ryan Twitter - https://twitter.com/RyanPaulCondie

Jan 27, 202223 min

Ep 216From Software Sales to Buying an Insulation Business with Damon Chlarson

Damon Chlarson was in software sales in corporate America before jumping off the high dive and buying a business 60 days ago. He bought Pacific Insulation Supply. We dive into... - Leaving Corporate America - His Business Search - Diving into SMB Twitter - Leveraging His Sales Skills - How to view the last 30 days of the business performance - Operating a business with someone else's process Episode Resources Connect with Ryan Condie http://linkedin.com/in/ryancondie http://letsbuyabusiness.com/ https://forms.gle/RRcXpe3dK7pNGqv16 Ryan Twitter - https://twitter.com/RyanPaulCondie Connect with Damon Chlarson https://www.pacificinsulationsupply.com/ https://twitter.com/lumberyarddamon

Jan 20, 202223 min

Ep 215Patel Motel Cartel - Why are 70% of Motels Owned by Indians?

Indian Americans account for about 1% of the population but own about 70% of the motels in America. Entrepreneurship Self-Employment Teaching the Next Generation Funding the Next Generation Sticking to Industries They Know Episode Resources https://buffalonews.com/news/the-patel-motel-phenomenon-immigrant-entrepreneurs-from-india-many-with-the-same-last-name-now/article_b5404a8b-1e03-5632-9dbb-e197d9ee3254.html https://yourmileagemayvary.net/2021/05/07/why-so-many-motels-hotels-are-owned-by-indian-americans/ 10 Step Video series to Finding a Company to Buy Mushfiq's Content Website Buying Course Connect with Ryan Condie http://linkedin.com/in/ryancondie http://letsbuyabusiness.com/ https://forms.gle/RRcXpe3dK7pNGqv16

Jan 18, 20229 min

Ep 214Leaving the Corporate World to Start a Franchise and then Buy a Water Softener Business - Brent Parker

Brent Parker left the Big 4 accounting world to dive straight into entrepreneurship. Things that I love about this conversation…he had background in boat industry, understood the business beforehand from brother, started with Franchise, then upgraded to a great business, Then bought a Water Softener Company… We dive into… - Corporate to Entrepreneurship Switch - Starting his first business - Lean years…then explosive growth through creativity - 180 turn…bought a business across the country His fall back…just get back into a Big 4. Episode Resources 10 Step Video series to Finding a Company to Buy Mushfiq's Content Website Buying Course Connect with Ryan Condie http://linkedin.com/in/ryancondie http://letsbuyabusiness.com/ https://forms.gle/RRcXpe3dK7pNGqv16 Connect with Brent Parker https://www.linkedin.com/in/brent-parker-93ba0746/ [email protected]

Jan 11, 202221 min

Ep 213Breaking Into a New Industry + How 1 Cold Call Changed the Next 20+ Years with Chase Harmer

Chase Harmer is an amazing entrepreneur. What I love about this conversation and Chase's story is that early on, he just went for it. He did the tough things you need to do like cold calling and grinding, but then he got more buttoned up and calculated. We dive into… - Wins and Losses - How to get started in a new industry - How 1 Cold Call changed his whole career and life Episode Resources 10 Step Video series to Finding a Company to Buy Mushfiq's Content Website Buying Course Connect with Ryan Condie http://linkedin.com/in/ryancondie http://letsbuyabusiness.com/ https://forms.gle/RRcXpe3dK7pNGqv16 Connect with Chase Harmer https://profitpay.io/ https://www.linkedin.com/in/chase-h-657a5b5/

Jan 6, 202224 min

Ep 212Gamal Codner Sold his Business Earlier this Year

Gamal sold his awesome Shopify brand earlier this year. He and his wife Natarcia built a beautiful brand over 4 years with the intention of selling. We dive into… - What is the opportunity for the new owner? - How to identify risk in your own business Gamal works with founders now to help diversify revenue, build a community, manage all docs and organizations, and of course, helping entrepreneurs understand why people do or don't pick their brand. Check Out Gamal and his workshops for eCommerce brands here: Waitlist - GamalCodner.com Episode Resources 10 Step Video series to Finding a Company to Buy Mushfiq's Content Website Buying Course Connect with Ryan Condie http://linkedin.com/in/ryancondie http://letsbuyabusiness.com/ https://forms.gle/RRcXpe3dK7pNGqv16 Connect with Gamal Codner https://www.gamalcodner.com/

Dec 28, 202120 min

Ep 211Joel Reichert Finds, Analyzes and Buys Another eCommerce Brand

Joel is all things eCommerce. He's had eCom exits but here talks about his latest acquisition from a friend he helped. We dive into how he found, analyzed, and structured the deal while being ok with a certain level of unavoidable risk. Episode Resources Joel Reichert - https://www.linkedin.com/in/joel-reichert-90020526/ 10 Step Video series to Finding a Company to Buy - http://letsbuyabusiness.com/video Mushfiq's Content Website Buying Course - http://letsbuyabusiness.com/flip Connect with Ryan Condie http://linkedin.com/in/ryancondie http://letsbuyabusiness.com/ https://forms.gle/RRcXpe3dK7pNGqv16

Dec 23, 202121 min

Ep 210A few Basics around Crypto, NFTs, Web3 with Ty Roney

Ty Roney is an amazon seller expert turned crypto, NFT, and Web3 evangelist. This is not your typical podcast here but it's an interesting topic so we decided to record it. We dive into... - A few crypto Basics - NFTs - Web 1, Web 2, and now...Web3 - Resources below to learn more Episode Resources https://newsletter.banklesshq.com/ https://www.youtube.com/c/thedefiant/videos https://twitter.com/allnick?s=20 https://twitter.com/Zeneca_33 Connect with Ryan Condie http://linkedin.com/in/ryancondie http://letsbuyabusiness.com/ https://forms.gle/RRcXpe3dK7pNGqv16 Connect with Ty Roney https://www.linkedin.com/in/ty-roney/ https://twitter.com/DepecheNode_

Dec 16, 202129 min

Ep 209Stable Customers + Stable Employees Can Weather Nearly Any Storm | Brian Johnson

Brian had 20 years in corporate America and then made the switch to entrepreneurship. This takes guts. Brian now helps small businesses prepare for life-changing exits. We dive into… - How to find off-market manufacturing businesses - Stable Customers, Stable Employees can weather nearly any storm - Airplane Analogy for Startups Episode Resources 10 Step Video series to Finding a Company to Buy Mushfiq's Content Website Buying Course Connect with Ryan Condie http://linkedin.com/in/ryancondie http://letsbuyabusiness.com/ https://forms.gle/RRcXpe3dK7pNGqv16 Connect with Brian Johnson www.businessconsultingcharlotte.com

Dec 9, 202129 min

Ep 208Buyer Market Conditions + Selling Multiple eCommerce Businesses | Ethan Alexander

Ethan Alexander is an amazing entrepreneur with multiple exits, acquisitions, and successful eCommerce businesses. He's a fellow advisor at Quiet Light. We dive into… — eCommerce business metrics — Where to see opportunities in a competitive market — How to stand out as a buyer (this can not be talked about enough) Episode Resources: Ethan Alexander - https://quietlight.com/advisors/ethan-alexander/ 10 Step Video series to Finding a Company to Buy - http://letsbuyabusiness.com/video Mushfiq's Content Website Buying Course - http://letsbuyabusiness.com/flip

Dec 7, 202131 min

Ep 207How to Get Health Insurance as an Entrepreneur - Jason Ferguson Interview

Jason Ferguson is an expert in all things health insurance and primarily focuses on the self-employed. Using Jason will not increase your rates and in reality, you'll probably be on a better plan and save money. Episode Resources 10 Step Video series to Finding a Company to Buy Mushfiq's Content Website Buying Course Connect with Ryan Condie http://linkedin.com/in/ryancondie http://letsbuyabusiness.com/ https://forms.gle/RRcXpe3dK7pNGqv16 Connect with Jason Ferguson https://www.fergusoninsurance.com/

Nov 30, 202118 min

Ep 206​​From a $3M Acquisition to $88M Sale in 8 years in Aerospace - Jordan Law

50 years in the Aerospace Industry. From getting nearly fired to buying and selling companies in Aerospace. Jordan always had creative solutions and bet on himself to make things happen. He invested heavily in his employees and gave them massive upside that led to a $3M acquisition to a $88M sale only 8 years later. Episode Resources 10 Step Video series to Finding a Company to Buy Connect with Ryan Condie http://linkedin.com/in/ryancondie http://letsbuyabusiness.com/ https://forms.gle/RRcXpe3dK7pNGqv16 https://twitter.com/RyanPaulCondie

Nov 23, 202142 min

Ep 205Mushfiq Sarker - 150+ Websites Acquisitions - Specific Deal Dive

Mushfiq Sarker is amazing. He also is the founder of thewebsiteflip.com. He's been buying, growing, and selling sites for over 10 years with many 6-figure exits. He is a Super Seller on Flippa's platform. Mushfiq has bought over 150 sites. In this episode, we dive into -- Specific Deal Dive -- Hiring operators -- Lots of content site goodies. Episode Resources Connect with Ryan Condie http://linkedin.com/in/ryancondie http://letsbuyabusiness.com/ https://forms.gle/RRcXpe3dK7pNGqv16 Connect with Mushfiq Sarker Newsletter: https://thewebsiteflip.com/ DealFeed: https://thewebsiteflip.com/deal-feed/ Course: https://letsbuy--thewebsiteflip.thrivecart.com/course-website-flipping/ 10 Step Video series to Finding a Company to Buy

Nov 18, 202120 min

Ep 204Vectrum Graphics - This small business is for Sale to listeners...Right now…

My friend's business, Vectrum Graphics, is for sale. I dive into the pros, cons, growth opps, and ideal candidates for this business. Revenue - $63,000 Profit - $24,500 Asking - $60k Episode Resources Connect with Ryan Condie http://linkedin.com/in/ryancondie http://letsbuyabusiness.com/ https://forms.gle/RRcXpe3dK7pNGqv16 Connect with Brad Mills https://vectrumgraphics.com/ https://www.loom.com/share/0ca143025f424978bdda84641189e74e https://www.loom.com/share/109fb3c06f574c1e8dccb14972ec9e9c

Nov 16, 20218 min

Ep 203Buying over 300 Websites since 2004 - Michael Bereslavsky

Michael Bereslavsky is the Founder and CEO of Domain Magnate. It has led him from solo ventures in building, promoting, and monetizing websites, to over a decade of buying and growing internet businesses and successfully completing over 300 deals. We dive into… — Specific deals on how he found off-market businesses for sale — Hair or red flags on a deal? Sometimes lean in… — Where you're first deal can be You can learn more about Michael at www.michaelbereslavsky.com Episode Resources Connect with Ryan Condie http://linkedin.com/in/ryancondie http://letsbuyabusiness.com/ https://forms.gle/RRcXpe3dK7pNGqv16 The Domain Magnate Show - https://www.youtube.com/playlist?list=PL3C4KbtwEAgvGqryUzbFETl1ByyL4V_DQ www.Domainmagnate.com 10 Step Video series to Finding a Company to Buy - http://letsbuyabusiness.com/video Ryan Twitter - https://twitter.com/RyanPaulCondie

Nov 11, 202125 min

Ep 202Shaylan Hurley on Quitting his job and Buying 2 Companies in the last 2 Months

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 with full force his fear. Episode Resources Connect with Ryan Condie http://linkedin.com/in/ryancondie http://letsbuyabusiness.com/ https://forms.gle/RRcXpe3dK7pNGqv16 Connect with Shaylan Hurley https://www.linkedin.com/in/shaylan-hurley-064b52a5/ Sponsor: Live Oak Bank is a seasoned SMB lender providing SBA and conventional financing for search funds, independent sponsors, private equity firms, and individuals looking to acquire lower middle-market companies. www.liveoakbank.com Lisa Forrest - [email protected] 10 Step Video series to Finding a Company to Buy - http://letsbuyabusiness.com/video Ryan Twitter - https://twitter.com/RyanPaulCondie

Nov 9, 202128 min

Ep 201Jayson Lowe - Why Pressure is a Privilege and Managing Multiple Companies at Once

Jayson Lowe left corporate Canada/America in 2008 and never looked back. This is a fun conversation around all things entrepreneurship, grit, and starting with the end in mind. We dive into… — Making the leap to entrepreneurship — Why Hiring Coaches and Mentors is crucial — Pressure is a Privilege — How to manage multiple companies at once You can learn more about Jayson below. Episode Resources Connect with Ryan Condie http://linkedin.com/in/ryancondie http://letsbuyabusiness.com/ https://forms.gle/RRcXpe3dK7pNGqv16 Jayson Lowe: Banker's Vault - https://www.youtube.com/c/TheBankersVault Wealth without Baystreet - https://www.youtube.com/channel/UCj8ZlieHodxhD0vC75-rq0g www.ascendantfinancial.ca www.wealthwithoutbaystreet.com www.canadaprepandship.com www.easyfda.com Sponsor: Live Oak Bank is a seasoned SMB lender providing SBA and conventional financing for search funds, independent sponsors, private equity firms, and individuals looking to acquire lower middle-market companies. www.liveoakbank.com Lisa Forrest - [email protected] 10 Step Video series to Finding a Company to Buy - http://letsbuyabusiness.com/video Ryan Twitter - https://twitter.com/RyanPaulCondie

Nov 2, 202129 min

Ep 200What is the Story with Add-Backs?

If you are looking at businesses for sale, you'll notice a lot of add-backs. Some will make sense and others won't. You need to educate yourself on how to dig through the data. In the end, the buyer needs to operate the business the same way the seller operates the business. "Owner add-backs are items that they claim you should not need to pay once the owner leaves the business" - Michell Baldrige Episode Resources https://quietlight.com/3-types-of-addbacks/#ftoc-the-3-levels-of-addbacks-for-ecommerce-businesses https://www.dummies.com/business/corporate-finance/mergers-and-acquisitions/what-add-backs-are-legitimate-in-an-ma-deal/ http://letsbuyabusiness.com/video https://www.liveoakbank.com/ Connect with Ryan Condie http://linkedin.com/in/ryancondie http://letsbuyabusiness.com/ https://forms.gle/RRcXpe3dK7pNGqv16 Sponsor: Live Oak Bank is a seasoned SMB lender providing SBA and conventional financing for search funds, independent sponsors, private equity firms, and individuals looking to acquire lower middle-market companies. www.liveoakbank.com Lisa Forrest - [email protected] 10 Step Video series to Finding a Company to Buy - http://letsbuyabusiness.com/video Ryan Twitter - https://twitter.com/RyanPaulCondie

Oct 28, 202116 min