🚀 Get My Free Book! 📖 How to Buy Your First Million Dollar Business SHOW NOTES: 00:00 Intro to Thomas Smale 01:10 Why he started FE International 03:37 The M&A Process Past and Today - Build a community and they will tell you what they want 06:54 What is most important in choosing a M&A Advisor 08:32 What FE International charges 10:32 Finding Qualified Buyers - Filtering Out NON-Qualified Buyers 13:25 Does the No Money Down every happen? 15:25 Likelihood of SBA 10% Money Down 20:55 Du...
Mar 27, 2023•51 min•Season 1Ep. 101
🚀 Get My Free Book! 📖 How to Buy Your First Million Dollar Business Summary In this podcast interview, Chase Murdock tells the story of how he transitioned from launching a few venture capital backed companies to CEO of a holding company of 5 SMBs and making 4 SMB acquisitions. He offers valuable insights on the importance of doing what you love, the value of relationships, and more! SHOW NOTES: 00:00 Intro to Chase Murdock 02:20 The downside of VC backed companies 03:21 The accidental call to...
Mar 22, 2023•47 min•Season 1Ep. 100
🚀 Get My Free Book! 📖 How to Buy Your First Million Dollar Business In this podcast, tech entrepreneur, Linda Rose, shares what she learned from getting acquired three times. If you're interested in learning the secrets to getting acquired, watch this interview (and) buy her book, "Getting Acquired for Millions - Amazon. Linda shares some of the things you can do to increase your chances of being acquired for higher valuations. SHOW NOTES: 00:00 Intro to Linda Rose 01:40 The "Al...
Mar 13, 2023•38 min•Season 1Ep. 99
🚀 Get My Free Book! 📖 How to Buy Your First Million Dollar Business Being a Plumber to Buying & Selling Online Businesses (4 to be exact) and now teaching others to do the same. Jaryd also helps his students scale their acquisitions - while only working 20 hours a week. The rest of the time he is doing a lot of traveling and surfing in between coaching. SHOW NOTES: 00:00 Intro 01:13 Wanted to be wealthy but not academically smart enough s0...plumbing 03:01 Saw the rich life, the frustratio...
Mar 06, 2023•49 min•Season 1Ep. 98
🚀 Get My Free Book! 📖 How to Buy Your First Million Dollar Business How do you go from a small MSP in South Africa to a $38M revenue in just a few years? By making smart acquisitions, that's how! If you're in the managed services space, you know that acquisitions are the key to growth. But how do you know when an acquisition is a good deal? In this video, Orrin Klopper talks about his MSP acquisitions, what he looks for and what he passes on, and see how they can help you determine w...
Feb 27, 2023•37 min•Season 1Ep. 97
🚀 Get My Free Book! 📖 How to Buy Your First Million Dollar Business In this video, Damon Pistulka talks about how he went from being a Investor HoldCo GM to an Exit Advisor. He shares what to specifically focus on how the exit advisor can help maximize value for the shareholders of the company. SHOW NOTES: 00:00 Intro Damon Pistulka 00:30 How he got started in M&A - working for PwC & finding "it" 06:33 What learned about acquisitions when the company he worked for was acquire...
Feb 21, 2023•57 min•Season 1Ep. 96
🚀 Get My Free Book! 📖 How to Buy Your First Million Dollar Business In this video, Pete Seligman walks us through all five of his acquisitions, major focus on the first one, that he's been a part of and the two exits. Pete is an experienced entrepreneur and investor who has been involved in a number of different industries over the years. In this video, he provides some great insights into the world of acquisitions – what to look for, what to avoid, and how to make sure you get the most v...
Feb 13, 2023•1 hr 2 min•Season 1Ep. 95
🚀 Get My Free Book! 📖 How to Buy Your First Million Dollar Business In this episode of the Top M&A Entrepreneurs podcast, host Jon Stoddard interviews Nick Hasckha of Cub Investments about small business acquisitions. SHOW NOTES: 00:00 Intro 00:27 Call to Acquisition Adventure 04:50 How he raised money 05:45 Where he found his first deal 07:15 How he chose his business partner 09:19 His business acquisition thesis 10:15 First acquisition metrics 11:43 Being the only sales guy - didn't...
Feb 07, 2023•38 min•Season 1Ep. 94
🚀 Get My Free Book! 📖 How to Buy Your First Million Dollar Business In this interview, I talk about the things I learned from buying and selling a 7 figure food distribution business. The sale was a distressed situation and I had to make a lot of sacrifices, but I learned a lot in the process. 93 episodes in I am still trying to get the audio right. SHOW NOTES: 00:00 Intro 00:33 Mike's Origin Story - the push to Acquisition Entrepreneur 02:05 What type of investors backed him 02:55 The Of...
Jan 30, 2023•36 min•Season 1Ep. 93
🚀 Get My Free Book! 📖 How to Buy Your First Million Dollar Business Chris Williams, CEO and of System Six, provides an overview of the process of buying and growing a CPA accounting firm. This video will help you understand what to expect when acquiring a CPA firm and provide some tips on how to make the process smoother. SHOW NOTES: 00:00 Intro 00:47 Starting in Private Equity 03:25 How he found his mentors and High Net worth Investors 05:47 Mentor recommendations - should I raise capital nee...
Jan 23, 2023•47 min•Season 1Ep. 92
🚀 Get My Free Book! 📖 How to Buy Your First Million Dollar Business In this video, you will learn how Mushfiq Sarker, an entrepreneur and investor, bought over 200 niche sites and made millions in profits. Mushfiq breaks down how he finds and buys niche sites, and shares his secrets to finding great deals and making successful acquisitions. SHOW NOTES: 00:00 Intro 02:57 The Website Flip - Flipped 150 before launching 04:16 His start - 2008 VOIP Affiliate - paid for college - discovering his pa...
Jan 17, 2023•55 min
🚀 Get My Free Book! 📖 How to Buy Your First Million Dollar Business In this video, we take a look at two recent acquisitions made by Devin Craig in the Direct Mail and Advertising industry. In this video, we decode what these deals mean for business owners in these industries. And what lessons can SMB's learn from them? SHOW NOTES: 00:00 Intro 00:35 Devin's call to adventure 03:29 How to deal with Brokers asking for proof of funds 05:00 Devin's 1st Deal - not much experience in ...
Jan 09, 2023•57 min•Season 1Ep. 90
🚀 Get My Free Book! 📖 How to Buy Your First Million Dollar Business In this video, Colin Keeley talks about how to go about acquiring a software companies. We will explore the different steps involved in the process and what you need to keep in mind when making an acquisition and simultaneously how to build a brand and create acquisition deal flow SHOW NOTES: 00:00 Intro 00:27 Colin's Call to Adventure 01:38 Colin's First Acquisition - deal stack 03:02 Why they sold - 04:08 Getting t...
Jan 03, 2023•27 min•Season 1Ep. 89
🚀 Get My Free Book! 📖 How to Buy Your First Million Dollar Business In this video, you will learn how Marty Balkema and David Horne of Calm Capital created a profitable and scalable holding company. In this video, you will learn: 1. How to create and design a profitable and scalable holding company 2. How to find the right partners 3. What type of acquisitions to make 4. How to grow your business Show Notes:...
Dec 21, 2022•56 min•Season 1Ep. 88
🚀 Get My Free Book! 📖 How to Buy Your First Million Dollar Business In this video, Jeff Evenson shares his story of how he acquired 5 companies (and sold) and then had to survive a business partnership breakup....Twice! Jeff shares the lessons he learned from these experiences and offer tips on how you can avoid some of the most common mistakes made in business partnerships. Show Notes: 00:00 Intro 00:26 Terrible Employee 01:34 First Acquisition: Hair Salon $3.5 Million in Sales 03:01 Valuatio...
Dec 12, 2022•56 min•Season 1Ep. 87
🚀 Get My Free Book! 📖 How to Buy Your First Million Dollar Business In this interview you will learn about a few of the 105 ways to create value for a private equity-backed company. Creating value is essential to ensuring that your investment pays off and these tips will help you get started! Show Notes: 00:00 Intro Dan Cremons and Carol S. Mann 05:11 Adam Coffey quote in book 06:30 6000+ PE firms chasing a small pool of prospects 08:28 Is Dan at the table in the acquisitions 10:00 Outsiders b...
Dec 05, 2022•58 min•Season 1Ep. 86
🚀 Get My Free Book! 📖 How to Buy Your First Million Dollar Business 300+ Middle Market Deals: How to Be a M&A Advisor with Scott Bushkie Cornerstone Business Services Show Notes: 00:00 Intro 00:26 300+ Middle Market Deals 02:20 If I want to sell my $10 Million company 04:59 Private Equity bad rep with LOIs - is it true 09:34 6000 PE firms chasing & overpaying? 12:12 Who are you selling to, Strategic or PE firms 15:15 His M&A Advisor fee structure 19:10 M&A Alliance 23:00 how to...
Dec 01, 2022•51 min•Season 1Ep. 85
🚀 Get My Free Book! 📖 How to Buy Your First Million Dollar Business 6 Acquisitions, 9 Exits for $26 Million with Raleigh Williams of DealMaven.io Success Bigger than he ever thought it would be. Show Notes: 00:00 Intro 00:26 lasted for 9 months as M&A attorney 02:36 Escape Rooms 04:20 You Ruined Your Life - Friction from Family 06:31 Massively Undershot Cost & Time 08:06 If you leave a M&A law firm...you can NEVER go back 10:34 When did you start seeing a little success? 13:21 Who ...
Nov 21, 2022•53 min•Season 1Ep. 84
🚀 Get My Free Book! 📖 How to Buy Your First Million Dollar Business Show Notes: 00:00 Intro to Natu Myers & Raises.com 00:31 getting serious about raising equity 03:03 What is an accredited investor 06:21 What paperwork do I need before asking for money? 08:21 What you can say in your ads and CANNOT 09:09 How do I verify accredited investors? 10:39 Can you offer an IRR in your ads? 12:03 Starting with Friends Family and Fools 13:38 How do I create an Investor Funnel? 15:22 Where do I spend...
Nov 15, 2022•35 min•Season 1Ep. 84
🚀 Get My Free Book! 📖 How to Buy Your First Million Dollar Business 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 n...
Nov 07, 2022•55 min•Season 1Ep. 82
🚀 Get My Free Book! 📖 How to Buy Your First Million Dollar Business HoldCo's: Acquisitions Legal & Taxes with Kevin Henderson SMB Law Group 00:00 Intro to Kevin SMB Law Group 01:26 Interested in Building the Next Berkshire Hathaway 01:51 the LLC - what is it 03:18 Stacking multiple LLCs 06:04 taxes on dividends 07:04 taxation rates w 09:27 S Corps 10:39 S Corp - why people like them 13:18 Taxes example 15:08 What is a "reasonable" salary - worrying about audits 17:32 Strateg...
Oct 31, 2022•45 min•Season 1Ep. 81
🚀 Get My Free Book! 📖 How to Buy Your First Million Dollar Business Jon talks to Reg Zeller about his 7 Foundry (Andrew Carnegie) & Machinery Acquisitions Show Notes: 00:00 Intro to Reg Zeller 01:16 Found 1st one on BizBuySell 02:00 Andrew Carnegie type business 03:22 What are economics of foundry & multiples 05:35 How he developed relationship with seller & get at $1M under highest bid 08:02 Why seller went with Reg - its not all about the money. 09:43 Did Reg make a "no chan...
Oct 24, 2022•49 min
🚀 Get My Free Book! 📖 How to Buy Your First Million Dollar Business Jon talks to Stephen Speer about his company and doing Ecommerce SBA loans Show Notes: 00:00 Intro 03:02 Ecommerce SBA loans buckets 06:01 How does he score acumen of buyer 08:46 When do they reach out to Stephen - see links below 11:15 What if acquisition target change business model 13:01 First time buyers or serial acquirers 13:49 Can you get multiple SBA loans - cap 16:04 Money for larger acquisitions - no man's land....
Oct 18, 2022•46 min•Season 1Ep. 78
🚀 Get My Free Book! 📖 How to Buy Your First Million Dollar Business Jon talks to Blake Hutchinson about Flippa and what's new. 00:00 Intro 02:36 5Xing Revenue 03:12 What he changed 04:25 How Flippa Scores & Verifies Companies 07:34 40% Return Buyers - 12,000 Active Buyers 08:57 3 Different Flippa Buyer Profiles searchfunds-really? 10:37 Michael Bereslavsky 12:10 Why are people buying sites from Flippa 14:23 Profile of Flippa Sellers 15:49 Who is created the "Selling Multiples&quo...
Oct 14, 2022•46 min•Season 1Ep. 79
🚀 Get My Free Book! 📖 How to Buy Your First Million Dollar Business Jon talks to Philip Jepson about buying engineering firms in the EU & UK. Show Notes 00:00 Intro 02:52 What Philip was he doing before acquisitions 07:11 How he found his first acquisition 08:40 Ask for, Understanding the financial report cards 12:14 Making an offer - and target losing biggest customer 13:35 How did he finance the acquisition 15:09 How he felt after deal was signed 16:37 Post acquisition, what happens to t...
Oct 03, 2022•53 min•Season 1Ep. 77
🚀 Get My Free Book! 📖 How to Buy Your First Million Dollar Business Jon talks to Brian Beers about his Midas Franchise Acquisitions Show Notes 00:00 Intro Now 30 00:45 How he got into franchise business 03:13 How he operates above the business 04:38 What are the Average Sales of a Midas Franchise 06:19 Salaries in a Midas Franchise 06:49 What are Midas Franchise Fees? 07:39 Do you own real estate? 08:40 What is multiple of Midas Franchise? 10:20 How to fix a money losing Franchise 11:50 Why is...
Sep 26, 2022•51 min•Season 1Ep. 76
🚀 Get My Free Book! 📖 How to Buy Your First Million Dollar Business Jon talks to Patrick Dichter about Acquiring Accounting Practices Show Notes 00:00 Intro 00:33 Call to Acquisition Adventure 04:45 Why Accounting Businesses? 06:52 Accounting customers fall into 2 buckets 09:45 How did he find the deal? 12:19 Start your outreach somewhere 13:19 Cold Email outreach results 16:19 Financing in Place... plus SBA 18:50 Seller reason for selling 19:52 The SBA process 21:54 How is going with Revenue?...
Sep 19, 2022•42 min•Season 1Ep. 75
🚀 Get My Free Book! 📖 How to Buy Your First Million Dollar Business Jon talks to Iggy Domagalski about his journey to CEO of $450 Million Market Cap Company that is over 165 Years old - 9 years older than Canada. Show Notes 00:00 Intro to Iggy 03:30 Meeting his mentor 05:00 Buying 10 Companies 07:00 Off Market and On Market Deals - How he paid for them 09:54 When to go to banks for capital 13:11 Growing the business from $8M to $200M 14:54 Working with his Obi Wan Kenobi/Mentor 16:33 Selling t...
Sep 12, 2022•47 min•Season 1Ep. 74
🚀 Get My Free Book! 📖 How to Buy Your First Million Dollar Business Jon talks to Don Wilson, how he went from US Navy to a Blue Collar Serial Acquisition Millionaire Notes 00:00 Intro his Navy Experience 05:38 How he found his first acquisition - Candy Man 08:08 Multiple on retail Candy Store - loosing money? 10:00 Buying the 2nd candy store 10:31 Opened a restaurant - Salad Days - made $0 money 11:53 Making more money with Candy 15:45 Buying Billy Sims BBQ franchises - growing to 5 locations ...
Sep 05, 2022•1 hr 3 min•Season 1Ep. 73
🚀 Get My Free Book! 📖 How to Buy Your First Million Dollar Business Jon talks to Bruce Marks about what he learned about financing Acquisitions after 1200 SBA Acquisition loans Notes: 00:00 Intro 01:03 What does the buyer need to get a SBA loan to buy a business? 03:05 Searchfunder vs Self Funded or Fundless Searcher 09:23 Success with Military & Acquisitions 10:37 Goodwill Transactions defined 12:06 How much SBA can loan on $5m business 13:10 How seller notes affect SBA loans 13:40 Congra...
Aug 29, 2022•55 min•Season 1Ep. 72
