Action Academy | Millionaire Mentorship For Your Life & Business Why RIGHT NOW Is The BEST Time To Buy A Small Business w/ Walker Deibel (Author of "Buy Then Build)
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Sep 19, 2024 
Walker Deibel, bestselling author of "Buy Then Build," shares insights on why now is the perfect time to acquire a small business. He discusses the upcoming wave of business ownership transfers from retiring baby boomers and the advantages of purchasing established businesses over starting from scratch. Deibel also dives into business valuation metrics like Seller's Discretionary Earnings and the critical role of business brokers. He touches on navigating SBA loan challenges and emphasizes the importance of aligning personal skills with business opportunities.
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Silver Tsunami Business Opportunity
- A "silver tsunami" of baby boomer businesses is retiring, creating a unique acquisition opportunity.
- Many businesses have outdated tech and systems, ripe for modernization and growth.
Match Business to Your Strengths
- Match business acquisition to what you bring to the table, not just industry or size.
- Focus on your strengths to add value and grow the business effectively.
Understanding Business Valuations
- Seller's Discretionary Earnings (SDE) is the main valuation metric for businesses under $10 million.
- Valuations typically range from 2.5 to 5 times SDE outside of tech sectors.