How2Exit: Buy, Don't Build - M&A of Small Businesses E150: David Bateman: From Failed Businesses to Successful Deal Maker and Sourcing Expert
Oct 13, 2023
57:32
"This episode was brought to you by Reconciled.com. Helping M&A Entrepreneurs just like you with Bookkeeping, CFO & Controller Services, Outsourced Enterprise Accounting and Tax Services. Reconciled.com"
About The Guest(s): David Bateman is a deal-sourcing expert and co-founder of Just Deal Flow, a company that helps individuals and organizations source off-market deals for mergers and acquisitions. He has extensive experience in entrepreneurship, sales, and marketing, and has successfully acquired and grown multiple businesses. β
Summary: Ronald Skelton interviews David Bateman, a deal-sourcing expert and co-founder of Just Deal Flow. They discuss David's journey in entrepreneurship and how he got involved in mergers and acquisitions. David shares his experience in acquiring businesses with little to no money down and provides valuable insights on how to source off-market deals. He also talks about the importance of having a mentor and the role of marketing in the acquisition process. David emphasizes the need to take action and overcome imposter syndrome to succeed in the acquisition space. β
Key Takeaways:
Contact David on
Linkedin: https://www.linkedin.com/in/david-bateman-500279139/
Website: https://justdealflow.com/ Cell: 215-847-5270
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How2Exit Joins IT ExchangeNet's Channel Partner Network!
-Why IT ExchangeNet?
Since 1998, IT ExchangeNet has created $5 billion in value by selling more than 225 IT businesses in 20 countries. IT ExchangeNet works exclusively with IT-enabled businesses generating between $5M and $30M who are ready to be sold, and M&A decision-makers who are ready to buy. For over 25 years IT ExchangeNet has developed industry knowledge that helps them determine whether a seller is a good fit for their buyers before making a match.
"Out of all of the brokers I've met, this team has the most experience and I believe the best ability to get IT service businesses sold at the best price" - Ron Skelton
The IT ExchangeNet M&A Marketplace we partnered with has a proprietary database of 50,000+ global buyers seeking IT Services firms, MSPs, MSSPs, Software-as-a-Service platforms, and channel partners in the Microsoft, Oracle, ServiceNow, and Salesforce space.
If you are interested in learning more about the process and current market valuations, complete the contact form and weβll respond within one business day. Everything is kept confidential.
Are you interested in what your business may be worth? Unlock the value of your IT Services firm, visit https://www.itexchangenet.com/marketplace-how2exit and complete the contact form.
Our partnership with IT ExchangeNet focuses on deals above $5M in value. If you are looking to buy or sell a tech business below the $5M mark, we recommend Flippa.
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π°If youβd like additional ways to support this podcast, you can become a paid subscriber here: https://how2exit.substack.com/
βΊVisit Our Website: https://www.how2exit.com/
π§For Business Inquiries: Me@4sale2sold.com
Don't Forget to SUBSCRIBE to the How2Exit channel and press (π) to join the Notification Squad and stay updated with new uploads.β¨
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#How2Exit # # πThanks for watching! π
Become a supporter of this podcast: https://www.spreaker.com/podcast/how2exit-buy-don-t-build-m-a-of-small-businesses--4859429/support.
About The Guest(s): David Bateman is a deal-sourcing expert and co-founder of Just Deal Flow, a company that helps individuals and organizations source off-market deals for mergers and acquisitions. He has extensive experience in entrepreneurship, sales, and marketing, and has successfully acquired and grown multiple businesses. β
Summary: Ronald Skelton interviews David Bateman, a deal-sourcing expert and co-founder of Just Deal Flow. They discuss David's journey in entrepreneurship and how he got involved in mergers and acquisitions. David shares his experience in acquiring businesses with little to no money down and provides valuable insights on how to source off-market deals. He also talks about the importance of having a mentor and the role of marketing in the acquisition process. David emphasizes the need to take action and overcome imposter syndrome to succeed in the acquisition space. β
Key Takeaways:
- Sourcing off-market deals can be a highly effective way to find acquisition opportunities. - Building relationships and networking are crucial in the acquisition space.
- Cold calling, social media marketing, and joining business-for-sale groups are effective strategies for sourcing off-market deals.
- Having a mentor can greatly increase your chances of success in mergers and acquisitions.
- Taking action and overcoming imposter syndrome is essential for success in the acquisition space.
Contact David on
Linkedin: https://www.linkedin.com/in/david-bateman-500279139/
Website: https://justdealflow.com/ Cell: 215-847-5270
--------------------------------------------------
How2Exit Joins IT ExchangeNet's Channel Partner Network!
-Why IT ExchangeNet?
Since 1998, IT ExchangeNet has created $5 billion in value by selling more than 225 IT businesses in 20 countries. IT ExchangeNet works exclusively with IT-enabled businesses generating between $5M and $30M who are ready to be sold, and M&A decision-makers who are ready to buy. For over 25 years IT ExchangeNet has developed industry knowledge that helps them determine whether a seller is a good fit for their buyers before making a match.
"Out of all of the brokers I've met, this team has the most experience and I believe the best ability to get IT service businesses sold at the best price" - Ron Skelton
The IT ExchangeNet M&A Marketplace we partnered with has a proprietary database of 50,000+ global buyers seeking IT Services firms, MSPs, MSSPs, Software-as-a-Service platforms, and channel partners in the Microsoft, Oracle, ServiceNow, and Salesforce space.
If you are interested in learning more about the process and current market valuations, complete the contact form and weβll respond within one business day. Everything is kept confidential.
Are you interested in what your business may be worth? Unlock the value of your IT Services firm, visit https://www.itexchangenet.com/marketplace-how2exit and complete the contact form.
Our partnership with IT ExchangeNet focuses on deals above $5M in value. If you are looking to buy or sell a tech business below the $5M mark, we recommend Flippa.
--------------------------------------------------
π°If youβd like additional ways to support this podcast, you can become a paid subscriber here: https://how2exit.substack.com/
βΊVisit Our Website: https://www.how2exit.com/
π§For Business Inquiries: Me@4sale2sold.com
Don't Forget to SUBSCRIBE to the How2Exit channel and press (π) to join the Notification Squad and stay updated with new uploads.β¨
ππ»SUBSCRIBE HERE
https://www.youtube.com/channel/UC_ONnhwaKSTPFt2nOxKoXXQ?sub_confirmation=1
πππ§π ππ¨ π¬ππ π¦π¨π«π ππ¨π§πππ§π π₯π’π€π ππ‘π’π¬...?
β¬β¬β¬β¬β¬β¬β¬β¬β¬β¬β¬β¬β¬β¬β¬β¬β¬β¬β¬β¬β¬β¬β¬β¬β¬β¬
π Like the video (it helps a ton!)
π¬ Comment below to share your opinion!
π Share the video with anyone you think might help :) β¬β¬β¬β¬β¬β¬β¬β¬β¬β¬β¬β¬β¬β¬β¬β¬β¬β¬β¬β¬β¬β¬β¬β¬β¬β¬
π±Stay Tuned On Our Social Media :
Β» Linkedin - https://www.linkedin.com/in/ronskelton/
Β» Twitter - https://twitter.com/ronaldskelton
Β» Facebook - https://www.facebook.com/How2Exit
Β» Newsletter - http://deeper.how2exit.com/
#How2Exit # # πThanks for watching! π
Become a supporter of this podcast: https://www.spreaker.com/podcast/how2exit-buy-don-t-build-m-a-of-small-businesses--4859429/support.