Acquiring Minds

Ups and Downs of Buying Small (and Keeping a Job)

21 snips
Sep 29, 2022
Ask episode
AI Snips
Chapters
Transcript
Episode notes
ANECDOTE

Toni's Shift from Tech to Ownership

  • Toni Kononova left her tech career at Google to buy a business as a form of entrepreneurial freedom.
  • She was drawn to owning a small business for autonomy and medium risk versus startup high risk.
INSIGHT

Location-Independent Business Appeal

  • Location-independent, online businesses appeal due to freedom and avoid geographical constraints.
  • Smaller deals with lower profit are attractive as they can be managed alongside a full-time job, reducing risk.
ANECDOTE

Ghosted by SaaS Seller

  • Toni nearly bought a small B2B SaaS company growing 20-30% yearly but the deal fell through.
  • The seller unexpectedly backed out after a visit and stopped responding, disappointing Toni.
Get the Snipd Podcast app to discover more snips from this episode
Get the app