10 Companies: Bought, Sold & Started Christine McDannell - Top M&A Entrepreneurs

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10 Companies: Bought, Sold & Started Christine McDannell

Show Notes:
00:00   Intro 
00:58   First Acquisition - Cleaning company
02:04  23 years old and cleaning homes
03:30   Acquiring market share, negotiating from $100k to $40k 
04:52   How to integrate acquisitions without issues
06:04   How she sold he cleaning company MORE CASH
07:21   Opinion on the 1st broker experience
08:45   Why she sold
09:15   $250,000 in her account
10:53   Her next project: Wellness center - 3 competitor acquisitions
14:33  Using cash for acquisitions - wise decision? 
15:40  Integration lessons
17:56  Who are her mentors - GKIC
19:55   Goal setting 
21:40  A $1.2 Million skin graft Lawsuit story
25:12  Selling by herself on BizBuySell
26:00  the story on how she became a business broker 
28:00  why did she call her company magnolia
28:36  where she found the deals to sell
29:57  Closing on 5 transactions in Dec
31:40  Her Fastest Close - 24 Hours 
37:21  How she preps new sellers
43:16  How did she identify what she does not have/know
46:13  How she used the "4 Hour Work Week"
49:30  Talking about a few listings on themagnoliafirm.co
52:00  All cash or debt?
53:35  Dirty little secret with SBA loaners