Buying a Business to Escape the Middle Class

Jordan Novgrod sold his house, tapped his 401k, and went all-in to buy an $800k SDE business he found on BizBuySell. 

Topics in Jordan's interview:

1. Finding a great business on BizBuySell
2. Blogging the search process
3. Key rule of thumb on SDE
4. Importance of buyer-seller chemistry
5. Machine shop businesses - pros & cons
6. Transferring key relationships post-sale
7. Day 1 speech
8. How Jordan built rapport with his new employees

Links & how to reach Jordan:

• Rich Dad Poor Dad
• Sweaty Startup
• Search Investment Group (SIG)
• Jordan's substack: Small Business Acquisition
• @JordanNovgrod
• LinkedIn

Get complimentary due diligence on your acquisition's insurance & benefits program:

• Oberle Risk Strategies - Search Fund Team

Learn more about Walker Deibel's done-with-you buy-side advisory:

• The Acquisition Lab

Connect with Acquiring Minds:

• See past + future interviews on the YouTube channel
• Connect with host Will Smith on LinkedIn
• Follow Will on Twitter