Let’s Buy a Business

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.

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.

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/

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.

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.

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.

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.

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.

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.

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.