Let’s Buy a Business
Buying a business is a blend of process, timing, and luck. A few times a week Ryan Condie shares the deals he’s looking at in a short form podcast. Listen in on updates from investors and bankers. Whether you’re buying a business to own and operate or building up your passive income, you’ll learn what to focus on and what to avoid during acquisition.
Latest episodes
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
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
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
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/
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
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
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
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
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
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/
