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Action Academy | Replace The Job You Hate With A Life You Love
The Do's And Don'ts Of Small Business Buying (From A Business Broker) w/ Ryan Condie
Apr 23, 2024
Ryan Condie, a business broker who has bought and sold 8 companies, shares insights on purchasing established businesses, the passion and persistence needed in business, his journey in the candy business, effective strategies for engaging with target audiences, transitioning to online businesses, and embracing a big business mindset for long-term success.
40:45
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Quick takeaways
- Buying established businesses reduces the need to start from scratch, focusing on product-market fit and revenue.
- Gamifying business operations can lead to continuous motivation and enjoyment, emphasizing growth opportunities.
Deep dives
Buying Established Businesses with Existing Customer Base
Buying businesses with product-market fit, customers, and revenue offers a way to avoid starting from scratch. Focus on businesses with risk, growth, transferability, and documentation pillars to ensure success in acquisitions.
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Discover
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