How to Buy a SMB in the USA as an International Buyer with Krystof Bartos -
Episode description
🚀 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 in the Czech Republic
02:00 Krystof's Call to Adventure
04:27 Coaches he worked with Jeremy Harbour and Carl Allen
05:04 His financial experience
06:01 Why did he focus on the financial part
08:00 Consulting for Equity story
10:53 How to realize gains in a Consulting for Equity Gig
16:42 Finding his partner & doing deals
23:20 Distressed or profitable company
24:45 What was Motive for selling?
27:26 How to trust a brand new business partner
30:13 How much does each partner own of acquisition
33:21 Talking to SBA banks to get real yes/no - getting deals not done fast
35:55 Seller stayed on & part of the family
37:17 Did you make any big changes to company after close?
40:25 Copy writing and AI
44:21 Andrew Longcore, Attorney saved the deal
45:21 Why he likes Tony Robbins
46:53 Keith Cunningham too
LINKS to Krystof Bartos
https://www.linkedin.com/in/krystofbartos/
www.krystofbartos.com