How to Buy a $5m Business & Hire an Operator to Run It

1

Introduction

00:00 • 3min

2

How to Buy a Small Business 10% Down SBA Loan and Not Be the Owner Operator

02:56 • 5min

3

The Importance of Investing in the Right Markets

08:06 • 2min

4

How to Find the Right Brokers for Your Business

10:07 • 2min

5

How to Reinvest in a Search Business

11:41 • 2min

6

How to Buy a Business That's Up to Your Limit

13:36 • 2min

7

How Many Times a Week Are You in the Office?

15:30 • 2min

8

How to Decrease Your Time in a Business

17:14 • 3min

9

The Differences Between a Traditional Services Business and a $5 Million Agency

20:41 • 2min

10

How to Succeed in a Small Software Business

22:27 • 4min

11

The Misstep of Not Appreciating Disruptive Transitions

26:56 • 2min

12

The Importance of Understanding Your Background

28:42 • 2min

13

How to Find a Business That's Right for You

30:31 • 3min

14

The Importance of Outsourcing Management

33:13 • 3min

15

The Importance of Capital Allocation in SMB

36:26 • 3min

16

The Advantages of Buying a Business and Putting on an Operator

39:19 • 2min

17

The Importance of Culture in Small Business

41:34 • 4min

18

Building a Culture of We Can Fix Problems

45:21 • 3min

19

How I Found Matt on LinkedIn

47:51 • 5min

20

How Search Funder Helped Me Find a Job in North Carolina

52:41 • 2min

21

How to Find a Good Operator for Your Business

54:39 • 2min

22

What Differentiated Matt From Other GMs?

57:00 • 2min

23

How to Structure a Compensation Package That Works for You

58:35 • 4min

24

The Tax Advantages of Phantom Equity

01:02:49 • 2min

25

The Importance of Understanding the Towing Industry

01:04:36 • 2min

26

How to Invest in Small Businesses Different From Investing in Real Estate

01:06:54 • 2min

27

The East Coast Towing Industry

01:08:52 • 3min

28

The Growth of the Heavy Duty Towing Industry

01:11:37 • 3min

29

The Recurring Nature of Towing

01:14:40 • 5min

30

The Three Most Profitable Companies in the Police Industry

01:20:01 • 2min

31

How Google Positions Cash Call Towing Companies

01:22:16 • 2min

32

The Doom and Gloom of Finding Drivers

01:23:55 • 2min

33

Why the Towing Industry Is Not Going Anywhere

01:26:24 • 3min

34

East Coast Towing: The Top 2% of Towing Businesses in the Country

01:29:07 • 2min

35

How to Reach Out to PE Analysts

01:30:42 • 2min