Walker Deibel is an expert in the field of acquisition entrepreneurship, having purchased not one but seven successful businesses over the span of a decade. Through his journey, he realized that buying companies can be a more viable and profitable option than starting from scratch. He's also the author of a best-selling book on the subject and the founder of Acquisition Lab, an acquisition accelerator. Get ready to learn from Walker's expertise as he shares the strategies, challenges, and rewards of Entrepreneurship Through Acquisition (ETA). Whether you're a first-time buyer or a seasoned entrepreneur, you’re certain to find value in Walker’s insights.
TL;DL Highlights
- Only 4% of companies hit the 1 million revenue mark, with a mere 0.5% reaching 5 million.
- Baby boomers dominate the business landscape, owning businesses that represent 48% of the US economy.
- An impending wave: 48% of US companies face a transition due to owner retirements.
- The ETA (Entrepreneurship Through Acquisition) model needs revamping to handle these massive business transitions.
- Despite the allure of ideal businesses, search funds admit that perfect companies are rare.
- Tech advancements influence ETA's trajectory.
- Decisiveness is key: The speaker determines a company's acquisition potential within 48 hours.
- Stability message to employees: Pay, benefits, and vacation remain unchanged post-acquisition.
- The speaker's pivot: From starting businesses to acquiring them, now even mentoring through Acquisition Lab.
- For businesses earning over a million in revenue, the speaker endorses the EO (Entrepreneurs' Organization) for peer advice and networking.
- Expertise spotlight: The speaker specializes in guiding first-time acquisitions.
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