Let’s Buy a Business
How to Buy a Business that Needs You with Jason Condie
May 24, 2022
Jason Condie, a former Spanish teacher, shares his journey of transitioning from teaching to owning multiple businesses. He talks about finding a business that aligns with your skillset, the importance of focusing on strengths and hiring for weaknesses, and the value of incremental growth. Jason also discusses his expertise in digital marketing and his recent acquisition of a course business.
20:49
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Quick takeaways
- Acquiring a business that aligns with your unique skill set increases the chances of success.
- Finding a motivated seller can lead to acquiring a business at a lower multiple.
Deep dives
Unique Skill Set and Motivated Seller
In this podcast episode, the host Ryan Conde interviews his brother Jason Conde, who recently bought a business. One of the key points discussed is Jason's unique skill set that matched the needs of the business he purchased. The business had been on sale for a while, and Jason's expertise in e-commerce optimization and Facebook ads was crucial to its growth and success. Additionally, the podcast highlights the importance of finding a motivated seller, as Jason was able to acquire the business at a low multiple due to the seller's desire to focus on a new venture. This combination of a unique skill set and a motivated seller contributed to Jason's successful business acquisition.
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