In this week’s episode of the Business Buying Strategies podcast, we hear from Mastermind client Adam, who overcame a string of business failures to build a £16 million empire.
In this inspiring interview hosted by Jonathan Jay, Adam shares his story of struggling to grow multiple start-ups before he discovered a better way to build the business he wanted – acquisition.
Adam is honest and open about his limiting beliefs and reveals why being part of the Mastermind group was key to his success. Being in the room with experienced business buyers and dealmakers going through the same challenges he was facing helped shift his limiting beliefs and start approaching bigger businesses.
If you want to feel inspired and motivated on your business buying journey, listen to Adam’s story today.
Listen and discover…
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How Adam navigated multiple business failures to build a business empire worth £16 million
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Why playing to your strengths (and outsourcing everything else) is the fastest route to success
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How being part of Mastermind helped him conquer the limiting beliefs and start targeting bigger businesses
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The painful lesson learnt by Adam from buying a business that was just too small (a bigger business actually demands less of your time)
Key moments
01:03 Meet Adam: From Failed Startups to Business Empire 01:40 Adam's Journey into Acquisitions 03:21 The Mastermind Program: Overcoming Fear and Taking Action 04:30 Learning from Mistakes: The Importance of Practice 05:59 Building a Successful Deal Team 06:45 The Challenges of Startups vs. Acquisitions 13:11 The Turning Point: Taking the Leap 19:07 Scaling Up: From Small Deals to Big Wins 22:35 Mindset and Economic Challenges 23:03 Opportunities in Corporate Insolvency 24:03 Key Lessons in Business Acquisition 24:29 The Importance of Deal Flow and Team 25:50 Avoiding Common Pitfalls 27:29 Mindset and Belief in Business 31:47 Future Plans and Professional Services 33:09 Integration Challenges Post-Acquisition 40:49 Advice for Aspiring Business Owners 42:29 Conclusion and Final Thoughts
** Looking for a great acquisition lawyer in the UK? Use mine! **
If you are looking for a lawyer in the UK to help you get the deal over the line, then use my own lawyer, John Andrews. You can phone his office at (0345) 2412494 or email him at johnandrews.deallawyer@jmw.co.uk.
Ready to get started?
Here’s how you can start your business buying journey…
Download our free Business Buying Toolkit https://dealmakers.co.uk/business-buying-toolkit
Join our Business Acquisition FastTrack programme https://www.dealmakers.co.uk/fast
Already bought a business?
if you've already bought a business, you should be part of my Inner Circle group where we discuss raising capital, integration management, and exiting. Email Maria on hello@thedealmakersacademy.com for more information.
Business Buying Strategies from The Dealmaker's Academy