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Let’s Buy a Business

Latest episodes

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Nov 9, 2020 • 10min

Signing a Personal Guarantee

People are scared of Personal Guarantees (PG). They should be. Let me explain why you are required to sign one.   Personal Guarantees are not for everyone. Neither is buying a business, BUT you're trying to jump forward 5-10 years ahead when you buy a company.   Episode Resources Connect with Ryan Condie  http://linkedin.com/in/ryancondie  http://letsbuyabusiness.com/  https://forms.gle/RRcXpe3dK7pNGqv16 https://buythenbuild.com/personal-guarantee
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Nov 6, 2020 • 6min

Should I buy a House/Real Estate or a Business?

Mini Episode - I get asked “Should I buy real estate or a business?” all the time. Of course I'm going to say “Buy a business!” But there are pros and cons to both and I dive into potential returns and risks in this mini rundown.   Episode Resources Connect with Ryan Condie  http://linkedin.com/in/ryancondie  http://letsbuyabusiness.com/  https://forms.gle/RRcXpe3dK7pNGqv16 Need some help in buying a company? - https://ryanpcondie.typeform.com/to/DO0J3s45  www.letsbuyabusiness.com/consulting
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Nov 4, 2020 • 24min

SMB Automation + Selling His App to a Competitor - Jed Wood Interview

Jed has an incredible skillset in terms of branching automation and development. He has built some great businesses off automation and algorithms. For example, he built a platform that spits out custom data based off of 100's of custom Google Docs.   He also built and sold his web app years ago to a competitor he met at a trade show. Sweet interview.   Episode Resources Connect with Ryan Condie  http://linkedin.com/in/ryancondie  http://letsbuyabusiness.com/  https://forms.gle/RRcXpe3dK7pNGqv16 Need some help buying a business? - https://ryanpcondie.typeform.com/to/DO0J3s45  Connect with Jed Wood  https://www.linkedin.com/in/jedwood/  jed@limechile.com
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Nov 2, 2020 • 28min

Everything About Using Your 401K to Buy a Business - Frank Selden Interview

We dive into how to use your existing 401k to invest or buy a business or real estate. Fascinating topic that is incredibly complex. Frank shoots you straight here.   This is known as ROBS or Rollover as Business Start-ups.   Episode Resources Connect with Ryan Condie  http://linkedin.com/in/ryancondie  http://letsbuyabusiness.com/  https://forms.gle/RRcXpe3dK7pNGqv16 Connect with Frank Selden frank@401krobspros.com  https://401krobspros.com/  http://frankseldonlaw.com/
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Oct 30, 2020 • 14min

4 Online Business Listings I'm Looking At

4 pretty solid Online Business Listings I'm looking at right now. https://www.quietlightbrokerage.com/ and https://feinternational.com/    Episode Resources Connect with Ryan Condie  http://linkedin.com/in/ryancondie  http://letsbuyabusiness.com/  https://forms.gle/RRcXpe3dK7pNGqv16
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Oct 28, 2020 • 11min

Mailbox...How Much Money Should I Be Willing To Lose?

I get asked a lot about losing money in buying a business. It’s never the goal and never a way to approach anything. Each opportunity is unique and here are a few things to think about to hedge your bets.   Do a deep reflection on the following points.   Risk Tolerance Size of Deal Your Current Skill Sets   Episode Resources Connect with Ryan Condie  http://linkedin.com/in/ryancondie  http://letsbuyabusiness.com/ Quick survey to make the podcast better... https://forms.gle/RRcXpe3dK7pNGqv16
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Oct 26, 2020 • 18min

Measuring Yourself as an Entrepreneur - Spencer Fireside

Spencer and I dive into why it's so hard to measure yourself as an entrepreneur and business owner. Spencer is brilliant (that's why he's my partner, no idea why he's partnering with me) and sheds some great light on how to measure yourself and not 'compete' with someone running a different race.   You take outsized risks (not getting a normal job) with the hope of the payout being 10-1000x more than if you get a 9 to 5.   Episode Resources Connect with Ryan Condie  http://linkedin.com/in/ryancondie  http://letsbuyabusiness.com/  https://forms.gle/RRcXpe3dK7pNGqv16 Guest’s name: Spencer Peterson
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Oct 23, 2020 • 22min

How to Save a Lot of Money When Selling Assets - Brett Swarts Interview

Brett is the host of the podcast "Capital Gains Tax Solutions" and dives into Deferred Sales Tax Trusts. Basically, he explains how you save a ton on taxes when selling assets such as businesses or real estate.   Episode Resources Connect with Ryan Condie  http://linkedin.com/in/ryancondie  http://letsbuyabusiness.com/  https://forms.gle/RRcXpe3dK7pNGqv16 Connect with Brett Swarts www.CapitalGainsTaxSolutions.com  www.ExpertTaxSecrets.com  Email - Info@capitalgainstaxsolutions.com brett@capitalgainstaxsolutions.com
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Oct 21, 2020 • 12min

3 Local Businesses for Sale

I dive into 3 local businesses for sale: a Woodworking shop for commercial clients, Home Hospice, and a Gas Station.   Episode Resources Connect with Ryan Condie  http://linkedin.com/in/ryancondie  http://letsbuyabusiness.com/  https://forms.gle/RRcXpe3dK7pNGqv16 https://www.thefirmadv.com/listing?id=14911 https://bit.ly/3iYrZwF
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Oct 19, 2020 • 27min

Nikora Called Up 2 Local Competitors After Listening to an Episode

Nikora Anderson wanted to expand so he looked at 10 companies that were in a similar space locally as him. He reached out to 2 of them, both of them said they were open to connecting about selling their business. Nikora drops some great knowledge on how to approach current owners on buying their businesses.   Episode Resources Connect with Ryan Condie  http://linkedin.com/in/ryancondie  http://letsbuyabusiness.com/  https://forms.gle/RRcXpe3dK7pNGqv16 Connect with Nikora Anderson Nikora@theazalea.net  https://www.theazalea.net/

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