🚀 Get My Free Book! 📖 How to Buy Your First Million Dollar Business Summary Renan Cortez, known as the unicorn guy, shares his journey of buying an $8 million Restore Pro Franchise business with 100% seller financing and his subsequent launch of Syndicate Venture Group. He discusses the importance of building relationships with sellers, using a virtual assistant to find off-market deals, and evaluating financing options. Renan emphasizes the benefits of seller financing and explains how he cal...
Jan 15, 2024•50 min•Season 1Ep. 132
🚀 Get My Free Book! 📖 How to Buy Your First Million Dollar Business Summary John Akhoian, the founder of Rooter Hero Plumbing, shares his journey of starting and growing his plumbing and HVAC company through acquisitions and rapid expansion. He discusses the strategy behind acquiring other companies, the importance of targeting specific demographics, and the challenges of managing multiple locations. John also highlights the equity packages offered to employees and the goal of creating 100 mil...
Jan 02, 2024•38 min•Season 1Ep. 131
🚀 Get My Free Book! 📖 How to Buy Your First Million Dollar Business Summary In this conversation, Sharon Heaton, an M&A advisor, discusses various aspects of selling a business. She emphasizes the importance of building a transferable company and transitioning from an owner-dependent to a management-driven company. Sharon also explains the factors that affect the valuation of a business, including EBITDA and company characteristics. She provides insights into valuations in government contr...
Dec 19, 2023•44 min•Season 1Ep. 130
Summary In this conversation, Jon Lowrance shares his journey of acquiring companies. He discusses his background in entrepreneurship and the decision to sell his grading and excavating business. Jon emphasizes the importance of taking action and not being afraid to make mistakes. He also highlights the conflict between traditional education and the skills needed for entrepreneurship. Jon shares the painful experience of selling his business and the lessons he learned from it. He then talks abou...
Dec 11, 2023•1 hr 13 min•Season 1Ep. 129
🚀 Get My Free Book! 📖 How to Buy Your First Million Dollar Business Adam Coffey's book, "Empire Builder: The Road to a Billion," serves as a comprehensive guide for businesses aspiring to scale from zero to a billion dollars in revenue, particularly focusing on the use of Private Equity. Key elements of the book include: 1. **30-20-10 Rule for Business Growth**: This rule is a central concept for scaling businesses, emphasizing a 30% gross margin, keeping SG&A expenses below...
Nov 29, 2023•1 hr 4 min•Season 1Ep. 128
🚀 Get My Free Book! 📖 How to Buy Your First Million Dollar Business In a recent interview with Heather Endresen, a seasoned SBA Lender, a range of pertinent topics were discussed. 1. M&A Strategies: Discussing the importance of patience and strategy when merging and acquiring businesses, and methods to identify the right business to purchase. 2. SBA Regulations 2023: An overview of the new regulations introduced by the Small Business Administration (SBA) in 2023. 3. Personal Guarantees: Ex...
Oct 31, 2023•52 min•Season 1Ep. 127
🚀 Get My Free Book! 📖 How to Buy Your First Million Dollar Business
Oct 24, 2023•56 min•Season 1Ep. 126
🚀 Get My Free Book! 📖 How to Buy Your First Million Dollar Business Investors for Your Acquisition: How FruitionCap Helps Self-Funded Searchers Buy a Business. In this interview we talk with Jason Ehrlich, principle at FruitionCap. Jason talks about a new fund to help Self-Funded Searchers buy a business. This new fund turns the search fund model upside down. The self funded searcher, the buyer, keeps the majority of the company. Jason says, if your acquisition meets the parameters of Fruition...
Oct 16, 2023•43 min•Season 1Ep. 125
🚀 Get My Free Book! 📖 How to Buy Your First Million Dollar Business Summary How to Invest in Online Businesses with Webstreet / EmpireFlippers. Jon talks with Justin Cooke, Co-Founder Empire Flippers & WebStreet about Webstreet. Justin explains how WebStreet empowers investors to diversify their investments into passive and cash flowing portfolios of online content sites, Amazon storefronts and micro SAAS businesses....
Oct 08, 2023•46 min•Season 1Ep. 124
🚀 Get My Free Book! 📖 How to Buy Your First Million Dollar Business Summary In this video, we have John Martinka, a seasoned M&A advisor with 20 years of experience and the author of 5 books on business buying. John has a no nonsense approach that comes from helping over 100 clients grow through acquisitions. John is here to shed light on the 7 most common mistakes (that almost every) first time business buyers make. Whether you're an experienced entrepreneur or new to the world of me...
Sep 29, 2023•1 hr 7 min•Season 1Ep. 123
🚀 Get My Free Book! 📖 How to Buy Your First Million Dollar Business Summary What are the characteristics of an irresistible acquisition? Learn the essential strategies on how to sell your business for millions from Randy Woods, who not only sold his company, Nonlinear Creations, to Valtech but also currently spearheads acquisitions for his acquirer. Discover the key characteristics that make your business an irresistible acquisition target. Whether you're a seasoned entrepreneur or just s...
Sep 03, 2023•1 hr 8 min•Season 1Ep. 121
🚀 Get My Free Book! 📖 How to Buy Your First Million Dollar Business SUMMARY Meet Brian Slipka, a seasoned entrepreneur celebrated for his prowess in business acquisitions. Discover the mind behind the success. **Mentorship Motivation - Defining Your Goals** Uncover the pivotal role mentorship plays and the driving forces that fuel individuals to fervently pursue the art of business acquisitions. **The First Acquisition - Learning from Experience** Brian Slipka unveils his riveting narrative of...
Aug 24, 2023•1 hr 6 min•Season 1Ep. 120
🚀 Get My Free Book! 📖 How to Buy Your First Million Dollar Business SUMMARY Dive into a high-value podcast featuring Kevin Petersen, an accomplished authority in the SaaS acquisition sphere. The interview offers a succinct yet enlightening introduction to Petersen's background and his expertise in procuring SaaS companies. At the core of the interview is Petersen's strategic approach to SaaS acquisitions, highlighted through his creation of the Growth Stack - a purposeful endeavor ai...
Aug 17, 2023•1 hr 10 min•Season 1Ep. 119
🚀 Get My Free Book! 📖 How to Buy Your First Million Dollar Business SUMMARY In this episode focused on ecommerce mergers and acquisitions (M&A), Josh Marsden takes center stage as an expert in the field. The episode, sponsored by The Magnolia Firm's Deal of the Week, delves into various aspects of ecommerce M&A. The discussion kicks off with an introduction to Josh Marsden and his expertise in the world of ecommerce acquisitions. It further explores the origins of his journey and ...
Aug 10, 2023•59 min•Season 1Ep. 118
🚀 Get My Free Book! 📖 How to Buy Your First Million Dollar Business SUMMARY In this video interview, Jon Stoddard talks with Mike Finger, an entrepreneur who has been involved in four successful business exits and now runs a company called Exit Oasis. Mike shares his journey, starting with a startup he and his wife founded in the mid-90s, providing back-office and support services to schools, nonprofits, and associations. He grew the business to 50 employees over a decade but eventually felt b...
Jul 29, 2023•56 min•Season 1Ep. 117
🚀 Get My Free Book! 📖 How to Buy Your First Million Dollar Business Mohit Tater shares his acquisitions and investment journey, including growth strategies, revenue verification, and a focus on content sites and affiliates. He discusses raising capital, cap table structuring, and launching Blackbook investments. Mohit explores deal sourcing, negotiation tactics, and lessons learned from failed deals. He addresses investor characteristics, the Multi Member LLC Investment Vehicle setup, and mana...
Jul 20, 2023•57 min•Season 1Ep. 116
🚀 Get My Free Book! 📖 How to Buy Your First Million Dollar Business SHOW NOTES: 00:00 Episode brought to you by The Magnolia Firm 00:51 intro to Malcolm Peace and his first look at acquisitions 04:10 Acquisitions are about "Buying Time" 05:56 Getting Inspiration 08:30 How his mentors guided him 11:10 Was the ERP project a skill test or real customer? 13:45 The Pieces start coming together when you are intentional 15:18 How Andre Agassi figured out Bjorn Borgs serve 15:59 Launching a ...
Jul 12, 2023•1 hr 3 min•Season 1Ep. 115
🚀 Get My Free Book! 📖 How to Buy Your First Million Dollar Business Bill Snow shares his journey in the world of mergers and acquisitions (M&A) and provides valuable insights into the industry. He introduces himself and talks about his background, giving viewers an overview of his origin story. Bill discusses his first deal, a spin-out deal that unfortunately did not reach fruition. He then touches on the concept of valuation, emphasizing how some individuals can have overly optimistic exp...
Jun 29, 2023•1 hr 3 min•Season 1Ep. 114
🚀 Get My Free Book! 📖 How to Buy Your First Million Dollar Business In this YouTube video, Craig Dickens from JD Merit Group is interviewed about his experiences in the world of mergers and acquisitions (M&A). Craig begins by sharing his background, including his success in building a mail-order company for tri-athletes, which he eventually sold. He then discusses how he used the proceeds from that sale to pursue his next ventures. SHOW NOTES: 00:00 Episode brought to you by The Magnolia F...
Jun 20, 2023•1 hr 5 min•Season 1Ep. 113
🚀 Get My Free Book! 📖 How to Buy Your First Million Dollar Business Adrian Pinto is CEO of Georgia Scapes. Georgia Scapes is a licensed and insured provider of landscape services, including: commercial maintenance and installation, irrigation, anti-erosion, and residential design and installation SHOW NOTES: 00:00 Episode brought to you by The Magnolia Firm 00:48 Intro to Adrian Pinto 01:35 Learning Experience - and his background at PE firms 03:36 What did you Adrian do at the PE firms? 06:25...
Jun 13, 2023•46 min•Season 1Ep. 112
🚀 Get My Free Book! 📖 How to Buy Your First Million Dollar Business Eric Hsu (on Twitter at Lawyer4SMBs) 2nd degree connection2nd Business Acquisition Lawyer | M&A, SBA Deals, SMB | I help self-funded entrepreneurs negotiate/structure/close SMB acquisition deals SHOW NOTES: 00:00 LINKS to Eric Hsu https://www.linkedin.com/in/lawyer4smbs/ https://lawyer4smbs.com/ @lawyer4SMBs...
Jun 05, 2023•49 min•Season 1Ep. 111
🚀 Get My Free Book! 📖 How to Buy Your First Million Dollar Business Ron Holt Former CEO & Founder of Two Maids & A Mop. Current Founder of Pink Zebra Moving. SHOW NOTES: 00:00 Intro to Ron Holt 01:20 Where did he get the inspiration? 03:48 How he launched Two Maids and a Mop 04:47 How much did you save up? 06:33 Why go after a fragmented industry? 08:02 Did you create a formal business plan? 12:45 How long did you go without paycheck? 15:12 Who was your Darth Vader? 16:10 How did you t...
May 29, 2023•1 hr 1 min•Season 1Ep. 110
🚀 Get My Free Book! 📖 How to Buy Your First Million Dollar Business The deal Camilo negotiated was: -$8.95M at close -$2.5M in equity in the PE firm that was acquiring him -$1M holdback to be released after 12 month (standard when dealing with PE, it's usually 10% but I capped it at $1M) -$500k to be paid out as a salary for 12 months for the owner to stay running the company during the first year doing only the things he loved doing I charged 10% as a commission on the deal so it ended u...
May 22, 2023•56 min•Season 1Ep. 109
🚀 Get My Free Book! 📖 How to Buy Your First Million Dollar Business In this insightful podcast interview, join us as we dive into the world of private equity with Chris Younger, the founder and managing partner of Class VI Partners. Discover the secrets behind Class VI Partners' success as Chris shares his extensive expertise and experience overseeing 27 acquisitions during his tenure at Expanets. Explore the strategic approach employed by Class VI Partners in identifying and nurturing pr...
May 15, 2023•58 min•Season 1Ep. 108
🚀 Get My Free Book! 📖 How to Buy Your First Million Dollar Business SHOW NOTES: 00:00 Intro to Jason 01:00 How he started 02:40 Raising $406M Capital to Acquire 05:27 Tell us the story of the Trillium Healthcare acquisition 06:36 Types of companies you acquire and why 08:58 Why did you buy a company where 88% of revenue came from one customer? 12:40 Do you replace management? 15:09 How long do you give yourself to improve measurables? 16:10 what do offers look like - cap stack? 12:58 How fast ...
May 08, 2023•51 min•Season 1Ep. 107
🚀 Get My Free Book! 📖 How to Buy Your First Million Dollar Business Eddie Wilson is a husband, father, avid real estate investor, CEO, national speaker, and has a passion for business growth. Over the course of his career, he has built or run more than 100 different businesses, managed 4,000 employees, and traveled around the world speaking about business and leadership. It is his pedigree and experience that has led him to develop a business operating system that worked for him in systemizing...
May 01, 2023•56 min•Season 1Ep. 106
🚀 Get My Free Book! 📖 How to Buy Your First Million Dollar Business Summary Learn from the expertise of John McNabb, CEO of CanaDent Corporation and Managing Partner at Integra Dental Group, in M&A, structured finance, risk management, and multi-site healthcare. With over four decades of experience as an executive in corporate restructurings, venture capital, investment banking, and M&A, he has been involved in more than 60 transactions with a total value exceeding $2 billion across al...
Apr 24, 2023•54 min•Season 1Ep. 105
🚀 Get My Free Book! 📖 How to Buy Your First Million Dollar Business Discover the secrets of success in the world of mergers and acquisitions with Pardis Nasseri, an industry-leading M&A advisor who has been involved in over $30 billion in transactions. In this exclusive video interview, Pardis shares valuable insights and behind-the-scenes stories from his illustrious career. Learn about the strategies, challenges, and nuances of high-stakes deals as we delve into the mind of a top M&A...
Apr 17, 2023•43 min•Season 1Ep. 104
🚀 Get My Free Book! 📖 How to Buy Your First Million Dollar Business In this podcast, Krystof Bartos, guides you through his story of buying a small (SMB) in the USA while still living in the Czech Republic. With his extensive experience in finance, Krystof makes the complex process of acquiring an SMB, with a US partner, in the USA more approachable and manageable for international buyers, setting them on the path to more acquisitions. SHOW NOTES: 00:00 Intro to Krystof from and still living i...
Apr 11, 2023•51 min•Season 1Ep. 103
🚀 Get My Free Book! 📖 How to Buy Your First Million Dollar Business Summary After making 45 acquisitions at SureSwift, Kevin McArdle is really flexing his CEO muscles this time. Now, he's embarking on a new adventure as CEO of Big Band Software with $100 Million to spend and his sights set exclusively on the B2B SaaS software acquisition market. It's definitely not easy but he seems to have mastered the art of buying great companies - now with massive war chest, It looks like Kevin i...
Apr 03, 2023•54 min•Season 1Ep. 102
