Firing The Man

Buy then Build with Author Walker Deibel

Nov 3, 2020

In this podcast, Walker Deibel, author and serial acquisition entrepreneur, discusses the inspiration behind his book 'Buy Then Build' and shares his opinion on the startup model. He also talks about the Ten Trillion Dollar Tsunami and the importance of a growth mindset. Additionally, he provides insights on the acquisition process and finding capital to buy a company.

46:46

Episode guests

Walker Deibel

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Quick takeaways

Acquiring an existing company with a proven track record can provide a more solid foundation for growth compared to starting a business from scratch.

Access to capital for business acquisitions has never been easier, thanks to programs like SBA loans, creating a significant opportunity for entrepreneurs in the e-commerce space.

Deep dives

The Importance of a Growth Opportunity in Acquiring Companies

One of the key factors in successful acquisitions is the growth opportunity that the buyer can capitalize on. Understanding what you bring to the table as an entrepreneur and identifying a good opportunity is crucial. By focusing on a growth opportunity, rather than just starting a business from scratch, you can increase your chances of success. Many small businesses fail, but acquiring an existing company with a proven track record can provide a more solid foundation for growth.

The SBA's Drive to Transfer $10 Trillion in Value

01:20

Introduction

2min

Exploring the Acquisition Model Over Starting From Scratch

25min

Exploring Growth Mindset and its Relevance for Entrepreneurs

5min

The Most Important Piece of the Puzzle

12min

Working with Quiet Light Brokerage and Advice for Buying a Business

2min

Promoting Resource Library, Books, and Gittida for Amazon Reimbursements

2min

Episode 45

In this episode, we will be interviewing the best selling author of the book Buy Then Build, Walker Deibel. He is also a serial acquisition entrepreneur, M&A advisor, and a successful movie producer. Walker acquired seven companies over ten years and co-founded several startups.

Let’s dive right in and learn how to buy a business without having to have the money that it takes.

[00:01 - 06:00] Opening Segment

Walker shares the story about his background and the beginning of his career journey
Acquiring some of the largest companies in the world was achievable

[06:01 - 14:34] Buy Then Build

Walker talks about the inspiration behind the content of his book, Buy Then Build
Walker talks about the first company he bought in 2008 that gives him the idea to write his book

[15:30 - 25:59] Don’t Start a Business

Walker shares his opinion on why he does not recommend starting a business
Taking the odds of the startup model and just flip it over

[20:40 - 25:39] Ten Trillion Dollars Tsunami

Walker talks about the Ten Trillion Dollar Tsunami
There are ten trillion dollars of business value currently owned by baby boomers that need to change

[25:40 - 30:19] Growth Mindset Vs. Fix Mindset

Walker talks about Carol Dweck’s mindset traits study
Walker talks about Positive psychology

[30:20 - 37:15] Successful Acquisition

Walker talks about one of the most important pieces of the puzzle during the acquisition process
Finding capital to buy a company

[37:26 - 45:24] Closing Segment

Favorite book:
- Good to Great by Jim Collins
- The Innovation Stack by Jim McKelvey
Hobbies: Reading and writing, Road biking, Film producing
Successful e-commerce entrepreneurs vs. people who give up:
- Get up early and set aside time to think.
- Work hard.
How to Connect with Walker - links below

Resources Mentioned:

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Connect with Walker on Linkedin and Buy and Build Facebook Groups. You can also visit his website at buythenbuild.com.

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