Business Buying Academy How to Buy & Operate Businesses - He Does $400 Million a Year in Revenue (Bryan Rand)
6 snips
Jun 6, 2025 Bryan Rand, CEO of Rand & Co, oversees nine platform businesses generating $400 million annually. He shares his thrilling journey from buying a cigar lounge in Atlanta to launching a successful fuel delivery company. Bryan emphasizes the importance of teaching entrepreneurship to his kids and balancing family life with business. He reveals strategic insights on acquiring legacy businesses and the benefits of majority stakes, while also providing valuable advice for aspiring buyers on navigating the complexities of business acquisitions.
AI Snips
Chapters
Transcript
Episode notes
Skills Beyond Finance in Business
- Entrepreneurship requires managing people who may not be as motivated or trained as you.
- Operating a small business necessitates skills different from financial buying and selling.
Get Real Deal Experience
- Do a deal and get actual entrepreneurial experience to gain credibility and respect.
- Talking about your experience is more impactful than just sharing theories or theses.
Banks Want You To Persevere
- Understand that banks usually do not want to take your personal assets if your business struggles.
- They prefer that you persevere through difficulties without giving up.