Acquiring Minds

It Really Happened: 100% Financing for an $8m Business

31 snips
Jul 4, 2024
Renan Cortez, an entrepreneur, secured 100% seller financing for an $8m business after learning about acquisition via Codie Sanchez and using a virtual assistant. Topics include negotiating seller note, securing bridge loan, rebranding the company, raising capital for growth, and his large roll-up vision.
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ANECDOTE

Renan's Journey to Acquisitions

  • Renan Cortez, unhappy with corporate life despite success, sought a greater purpose.
  • Inspired by a podcast and events in Puerto Rico, he explored cannabis entrepreneurship before pivoting to acquisitions.
ANECDOTE

Discovering Acquisition Entrepreneurship

  • At an investment conference, Renan realized there are many paths to wealth creation beyond real estate.
  • He discovered the power of private equity and acquisition entrepreneurship through conversations with Cody Sanchez and David Osborne.
ADVICE

Starting Your Acquisition Journey

  • Start your acquisition journey by exploring BizBuySell to understand valuations and industry trends.
  • Build a clear deal box defining your target criteria.
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