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Let’s Buy a Business

Latest episodes

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Jan 15, 2025 • 29min

SBA Lending Pitfalls with Jared Johnson

Jared Johnson, an experienced SBA lender and business acquirer, shares his insights on the complexities of SBA lending and acquisitions. He discusses transformative changes in the industry post-pandemic and offers advice on what makes a perfect deal. Jared reveals what happens when deals fall apart at the last minute and emphasizes the importance of honesty and transparency in transactions. He also shares a fascinating example from an unconventional business model—a professional lice removal company that boasts impressive margins.
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Dec 30, 2024 • 10min

How to NOT Suck Energy Out of the Room

Are you bringing energy to a conversation or sucking the energy out? I have meetings with thousands of people a year. I dive into 5 ways to see if you add energy or suck energy out of every interaction. Do you only talk about yourself in conversations?  Who does the talking? Do you truly remember what was said on the other line? Do you pat yourself on the back? How often do people pick up your phone calls? TL;DR - People will stop picking up the phone if this is you.   Free SBM Financial Courses https://letsbuyabusiness.com/courses/   Want to invest in amazing entrepreneurs with vetted deals? Send a note to Monica@letsbuyabusiness.com   Ready to level up but not 1 on 1 consulting? How to Buy Your First Small Business through Acquisition Entrepreneurship https://letsbuyabusiness.com/courses/   Need Bookkeeping or Tax Help? Contact Darin at https://ashfordsky.com/. He's awesome.
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Dec 21, 2024 • 25min

You've Been Served - A 6-Year Search with Spencer Montgomery

Spencer spent 6+ years searching for a business to buy. Life happens fast and many things paused his search over the years. Spencer is real here and we dive deep into a LONG search... A few he got serious with...  Melatonin Supplements for Kids Computer Chip Business Drive-Thru Technology   Podcast Nuggies Why his search went from a huge company to a STABLE company How to navigate life during your search How Spencer bought a 2nd business in the same niche right afterwards   Want to invest in amazing entrepreneurs with vetted deals? Send a note to Monica@letsbuyabusiness.com   Ready to level up but not 1 on 1 consulting? How to Buy Your First Small Business through Acquisition Entrepreneurship https://letsbuyabusiness.com/course   Free SMB Financial Basics Course https://letsbuyabusiness.com/course   Guest Details: Spencer Montgomery LinkedIn - https://www.linkedin.com/in/montgomeryspencer/ Anderson Investigations, Inc. - https://www.andersonattorneyservices.com/
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Dec 12, 2024 • 9min

Entrepreneur Origin Stories - How'd They Get Here: Daddy Yankee

Entrepreneur Origin Stories - Quick dive into some pivotal moments for Daddy Yankee. Less about buying a business and more about a reinvention of oneself.   Free SBM Financial Courses https://letsbuyabusiness.com/courses/   Want to invest in amazing entrepreneurs with vetted deals? Send a note to Monica@letsbuyabusiness.com   Ready to level up but not 1 on 1 consulting? How to Buy Your First Small Business through Acquisition Entrepreneurship https://letsbuyabusiness.com/courses/   Need Bookkeeping or Tax Help? Contact Darin at https://ashfordsky.com/. He's awesome.
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Nov 27, 2024 • 8min

No News Weeks

What true focus looks like.       Want to invest in amazing entrepreneurs with vetted deals?   Send a note to monica@letsbuyabusiness.com   Ready to level up but not 1 on 1 consulting? How to Buy Your First Small Business through Acquisition Entrepreneurship https://letsbuyabusiness.com/course   Need Bookkeeping or Tax Help? Contact Darin at https://ashfordsky.com/. He's awesome.
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Nov 19, 2024 • 15min

I Love Day Jobs | 5 Reasons to Not Quit

I love Day Jobs. 5 Reasons to Not Quit Your Day Job. Financial Runway NETWORK Stability for Family Build your Experience Practice Entrepreneurship  Bonus - Clarity - How to make decisions NOT out of desperation. + My Mistakes at my Day Job.   Free SBM Financial Courses https://letsbuyabusiness.com/courses/ Want to invest in amazing entrepreneurs with vetted deals? Send a note to monica@letsbuyabusiness.com   Ready to level up but not 1 on 1 consulting? How to Buy Your First Small Business through Acquisition Entrepreneurship https://letsbuyabusiness.com/courses/   Need Bookkeeping or Tax Help? Contact Darin at https://ashfordsky.com/. He's awesome.
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Nov 19, 2024 • 31min

SMB Financial Basics with Darin Pierson

Darin Pierson, a seasoned bookkeeper and CPA with real-world experience in business ownership, shares invaluable insights into SMB financial fundamentals. He discusses the four ways money comes in and out of a business, emphasizing the difference between cash and accrual accounting. Darin explains how to assess whether a bookkeeper is effective and sheds light on the importance of accurate financial records for evaluating business health. He also introduces his free course on SMB Financial Basics, a resource designed for aspiring entrepreneurs.
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Oct 31, 2024 • 25min

Real 401k ROBS Stories | Diane Rosenkrantz

Diane Rosenkrantz has served as a Senior Consultant with Tenet Financial Group since 2009. She is detail oriented which is so critical with something like this. BUT this time, we dive into real stories of using your 401k.   Podcast Nuggies: Pecan Farms, Christmas Tree Farms and Cabin Compounds - ✅✅✅ Buying an Airplane? ✅✅ Hotels? ✅   Previous Episode with Diane - https://podcasts.apple.com/us/podcast/using-robs-401k-to-buy-a-business-with-diane-rosenkrantz/id1506985601?i=1000646700460   Want to invest in amazing entrepreneurs with vetted deals? Send a note to monica@letsbuyabusiness.com   Ready to level up but not 1 on 1 consulting? How to Buy Your First Small Business through Acquisition Entrepreneurship https://letsbuyabusiness.com/course   Need Bookkeeping or Tax Help? Contact Darin at https://ashfordsky.com/. He's awesome.
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Oct 9, 2024 • 29min

How to Buy a Fireworks Stand + Other Side Bets

Daniel Astleford is amazing. He's so humble yet doing so many cool things. He buys a fireworks stand with a unique structure. These things have crazy revenue windows of only a few days a year. Daniel is also in the middle quitting his job(!) while starting his CPA business. We dive into so many interesting substories here. Podcast Nuggies: How to Buy a Firework Stand Quitting your Job 6 Months in Advance What worries Daniel about Quitting Want to invest in amazing entrepreneurs with vetted deals? Send a note to monica@letsbuyabusiness.com Ready to level up but not 1 on 1 consulting? How to Buy Your First Small Business through Acquisition Entrepreneurship https://letsbuyabusiness.com/course   Here is the link to get Darin's Course! https://ryancondie.podia.com/312e307e-c83f-4434-a987-ff910090d057 Need Bookkeeping or Tax Help? Contact Darin at https://ashfordsky.com/. He's awesome.
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Sep 24, 2024 • 28min

How to Write a Book over 10 Years with Sam Whitney

Sam Whitney, an entrepreneur, father, and author, discusses his decade-long journey of writing a book blending dating insights with personal growth. He shares the pivotal role of mentorship and the importance of structured feedback in creative endeavors. Whitney emphasizes balancing entrepreneurial ambitions with authenticity in storytelling. Additionally, he highlights unexpected business ventures, such as septic tank cleaning, showcasing the diversity of opportunities in entrepreneurship.

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