Episodes

165
May 20, 2021

4 Types of Luck + Naval + How Most of My Career Stems from 1 Apartment Move in College

I dive into the 4 types of luck, 100% accountability, and how luck has played a role with 2 big successes of mine. Moving into an apartment in college and starting this podcast. Blind luck Luck from hustling Luck from preparation Luck from your unique character Episode Resources Connect with Ryan Condie http://linkedin.com/in/ryancondie http://letsbuyabusiness.com/ https://forms.gle/RRcXpe3dK7pNGqv16 Sponsors: https://www.liveoakbank.com/ https://acquisitionlab.com/ Survey - http://letsbu...
164
May 17, 2021

Jacob Erdei Went from Carpet Cleaning to Computer Repair to Buying Companies

Jacob Erdei has done it all in the online business space. In his words, he hit a lot of singles and it turned out well. Jacob is in the middle of creating a 3PL which is so rad. We dive into… Carpet Cleaning to Computer Repair Entrepreneur What needed to happen to quit his day job How a career of singles can be pretty awesome Mistakes along the way Episode Resources Connect with Ryan Condie http://linkedin.com/in/ryancondie http://letsbuyabusiness.com/ https://forms.gle/RRcXpe3dK7pNGqv16 ...
163
May 13, 2021

Simon Stock - Building a Business, Exiting and Investing Full Time in Stocks for Passive Income

Simon Stock is one of the best follows on Twitter based on his stock analysis, inflation breakdowns, and how the economy works. He took his business profits and invested them in the stock market for passive income through dividends. We dive into... -- How he built his business and then sold it -- 2 types of Inflation - 1. Demand-Pull Inflation and 2. Cost-Push Inflation. -- FED and Unemployment Numbers -- What stocks he likes (none haha) -- How to protect yourself against inflation. PRODUCTIVE...
162
May 10, 2021

How to Find a Business Partner

How to find a business partner...I breakdown the good, the bad, the ugly in working with partners. I dive into... - Network is crazy. - Everyone knows what you're doing... - Align Vision / Goals - Complementary Skills - Handling Disagreements - Work Together Before Partnering - Partnership Operating Agreement - Be the partner you want to be Episode Resources Connect with Ryan Condie http://linkedin.com/in/ryancondie http://letsbuyabusiness.com/ https://forms.gle/RRcXpe3dK7pNGqv16 https://www....
161
May 7, 2021

John Wilson Buys the Family Plumbing Company + 5 More Acquisitions + 900% Revenue Growth

John bought his family’s plumbing company and has since bought 5 other companies which led to over 900% revenue growth. We dive into: — Buying a Family Business + Valuations — Doubling his business overnight through Acquisitions — How to scale past $3M with Systems You’re going to want to follow John on Twitter and the inter webs. Episode Resources Connect with Ryan Condie http://linkedin.com/in/ryancondie http://letsbuyabusiness.com/ https://forms.gle/RRcXpe3dK7pNGqv16 https://www.liveoakba...
160
May 5, 2021

Lisa Forrest + 30 Years of SBA Lending + Deal Structures

Lisa Forrest has been doing SBA loans for decades. She has seen it all. Lisa is hyper-focused on this searcher community and specializes in getting deals done with searchers, which is you. That's why you are listening. We dive into… -- Self Funded vs. Traditional Search -- Deal structures for deals between $1M to $12M -- Real Life Structures -- How best to work with lenders And many more. Lisa is also so full of awesome energy. Episode Resources Connect with Ryan Condie http://linkedin.com/...
159
May 3, 2021

Freddy Lansky - Building/Selling His 7-Figure eComm Brand + Searching for an Acquisition

Freddy scaled his commerce brand to 7 figures while living abroad in Mexico City. He then sold it to focus on building/acquiring his next business. We dive into: Building a network around you with like-minded people Putting yourself in uncomfortable situations for growth Finding your own path Freddy is super cool and can be found at pointspanda.com. Episode Resources Connect with Ryan Condie http://linkedin.com/in/ryancondie http://letsbuyabusiness.com/ https://forms.gle/RRcXpe3dK7pNGqv16...
158
April 30, 2021

Jenn and Ryan - State of the Market

Jenn and Ryan dive into the state of the market, what they are looking for, what they are avoiding, and how to stand out. Spoiler: Jenn and Ryan are actually approaching the market differently. Episode Resources Connect with Ryan Condie http://linkedin.com/in/ryancondie http://letsbuyabusiness.com/ https://forms.gle/RRcXpe3dK7pNGqv16 https://twitter.com/RyanPaulCondie https://twitter.com/Anderjen Stay Up to Date Newsletter: http://letsbuyabusiness.com/newsletter Sponsors: https://acquisitionl...
157
April 28, 2021

Will Taylor Jr. Joined a Gym and Then Bought it

Will Taylor Jr. is a fantastic entrepreneur. He walked into a gym to join it and ended up buying the gym instead. We dive into... — Being the dad that’s in the memory book — Working with your spouse — How to start your business while doing your day job — Why expand into 2 locations — Why sell your business? Will started Taylor Green Media to help gym owners across the country. Episode Resources Connect with Ryan Condie http://linkedin.com/in/ryancondie http://letsbuyabusiness.com/ https://f...
156
April 23, 2021

We Hired a CEO / GM for Our Acquisition

We hired a CEO for our business. Life changes. Goals change. My partner and I over the past 2 months have had other opportunities start to take massive amounts of time. I dive into how we hired them, how we tested working with them before, details about the offer and structure. Episode Resources https://acquisitionlab.com/ Connect with Ryan Condie http://linkedin.com/in/ryancondie http://letsbuyabusiness.com/ https://forms.gle/RRcXpe3dK7pNGqv16 https://twitter.com/RyanPaulCondie
155
April 21, 2021

Tactical Ways to Find a Business for Sale

I dive into tactical ways to find an off-market business for sale. You are positioning yourself as the solution for people to retire. You are their retirement. Reach out to 5-10 owners Make sure you want this lifestyle / solve those problems Find out where they hang out Virtual - FB Groups, Sites, Forums, Newsletters. Conferences / Tradeshows Advertising on Trade Magazines and sites, small budget dedicated PPC targeting owners. Now, action. Move fast. 2 days to 2 weeks to get the ball rol...
154
April 19, 2021

Matt Remuzzi (CapForge) - Evaluating the Books During Due Diligence

Matt Remuzzi started CapForge, wonderful bookkeeping, and CPA firm. He has helped 100’s, maybe 1000’s of buyers and sellers with their books. I started to use them when I bought a business that had their books done by them. It was THAT convincing. Matt and the CapForge team can help you in due diligence and his unique perspective as a business owner is not just about numbers. Episode Resources Connect with Ryan Condie http://linkedin.com/in/ryancondie http://letsbuyabusiness.com/ https://for...
153
April 16, 2021

Peter Lohmann - Quitting Your Day Job + Buying 2 Competitors + 40% Growth Overnight

Peter Lohamnn is amazing. He transitioned from a great career as an engineer and focused on building out his real estate portfolio. Peter then doubled down on his property management company. We dive into: - How to find a partner - How to bridge the gap from quitting your day job to pursuing your entrepreneurial dreams - How to acquire competitors Episode Resources Connect with Ryan Condie http://linkedin.com/in/ryancondie http://letsbuyabusiness.com/ https://forms.gle/RRcXpe3dK7pNGqv16 Conn...
152
April 9, 2021

Kevin Oh - 5+ Years Building FE International and Brokering 100's of Deals

Kevin Oh has been an online business broker since 2016 with FE International. He’s seen 100’s if not 1000’s of businesses across dozens of countries. We dive into how to stand out as a buyer, the trends in the space, how to structure larger ($5-10M) deals, and what to expect from FE International.com. Kevin was the seller's broker on my deal from 6 months ago. Episode Resources Connect with Ryan Condie http://linkedin.com/in/ryancondie http://letsbuyabusiness.com/ https://forms.gle/RRcXpe3dK...
151
April 7, 2021

Connor Gross - 1st Exit Before College Graduation + 2 More Exits in 2020

Do you ever chat with someone and know they are going to be famous or insanely successful one day? Connor is one of them. Connor Gross is making huge moves. He built and sold his first company while in college which opened up massive opportunities. We dive into his exits, his 2 acquisitions, and how he hires CEO’s and GM’s to run these businesses. Episode Resources Connect with Ryan Condie http://linkedin.com/in/ryancondie http://letsbuyabusiness.com/ https://forms.gle/RRcXpe3dK7pNGqv16 http...
150
April 5, 2021

Kevin McArdle - SureSwift Capital - How to Buy 39 Companies in 5 years

Kevin McArdle went from a VP in Health Tech to starting a fund to acquire 39 businesses in 5 years. SureSwift Capital is changing the speed and the way SaaS acquisitions and roll-ups are done. Here we dive into his back story, why make a shift from a perfectly good career, and how he positioned himself to take risks with mouths to feed. This is one of my favorite episodes and if you aren’t following him on Twitter, get on it. Episode Resources Connect with Ryan Condie http://linkedin.com/in/...
149
April 2, 2021

Greg Elfrink - Empire Flippers Capital

Greg Elfrink, head of marketing at Empire Flippers, dives into EmpireFlippers.com and EF Capital. EF Capital is a way for investors to invest money but not time into digital assets. Think about all investing as a way to spread your risk and upside across different asset classes. Greg estimates that 20% of deals will go to zero, hence it's important to invest in a lot of deals to diversify. Operators have been vetted through the businesses they have built or bought through EF. In addition, oper...
148
March 31, 2021

The Business Acquisition Search - Joe Quinn is in the Middle of it

Joe is in the thick of the search. He’s had an amazing corporate career so far and looking to make a switch. We dive into where he’s at, what he’s struggling with and how to tap into your network. Diving into what is your ideal acquisition and where you want to be in 5, 10, 20 years is key. You can look at a lot of companies that can run into never making a decision. Secret Tip: There is a deal waiting for you on your phone right now. May not be the right one for you, but there is at least one...
147
March 29, 2021

Copper Pearl Story - Joel Sold Copper Pearl to Tyler - Double Interview

Joel (seller) and Tyler (buyer) are on the podcast at the same time. Joel and his partner built Copper Pearl and then sold it to Tyler who has continued the legacy. Joel sold a perfectly good business that was exploding in growth while Tyler moved his family across the states and took on a huge personal guarantee. We dive into trust and how the buyer/seller relationship is not a one-time transaction. You can’t replace rapport and trust in any transaction. Episode Resources www.copperpearl.com...
146
March 26, 2021

What We've Learned After 6 Months - Spencer and I Give a Short Update on the Podcast and our Business Acquisition

Quick Podcast update! New Sponsors are on board! Spencer Peterson and I give feedback and advice from what we've learned in our acquisition so far, being understanding as partners and how to take things to the next level. Episode Resources Connect with Ryan Condie http://linkedin.com/in/ryancondie http://letsbuyabusiness.com/ https://forms.gle/RRcXpe3dK7pNGqv16 Check out our Sponsor at https://microacquire.com/ Ryan Twitter - https://twitter.com/RyanPaulCondie
145
March 24, 2021

Ray Drew - SBA Lending Expert Dives Into the Latest SBA Incentives

Ray Drew is an SBA expert at Fund-Ex Solutions Group with over 10+ years in SBA lending. His company is not a bank but a SBA lender, one of 14 non-bank SBA lenders in the country. We dive into multiple deals, how they are structured and how to stand out from the crowd right now. There are lots of incentives for SBA loans right now including 3-month loan payments (up to $9k per month) and waiving the SBA fee (2.5-3.5%). Episode Resources Connect with Ryan Condie http://linkedin.com/in/ryancond...
143
March 17, 2021

Jesse Randall Interview - Real Deals, Entrepreneurial Finance and Seller-Based Financing is a High Bar

Jesse is so entertaining and packs a great value punch. He has seen it all - VC, PE, SMB financing, brokering. Jesse always has a unique take on things and kicks excuses in the face. Jesse breaks down how to raise money from the right investors. There will definitely be a Round 2 coming up....and Round 3 with Jesse. Episode Resources Connect with Ryan Condie http://linkedin.com/in/ryancondie http://letsbuyabusiness.com/ https://forms.gle/RRcXpe3dK7pNGqv16 Connect with Jesse Randall Sweater V...
142
March 8, 2021

2 Listings That Caught My Eye Right Now

I dive into 2 listings that catch my eye. I realized fast that these were not the best fit for me, I unpack why and how I'd grow them. https://www.alpinebusinessbrokers.com/online-drop-shipping-business/ https://feinternational.com/buy-a-website/30828-e-commerce-yacht-marine-luxury-lighting-products-17m-gross-yr Episode Resources Connect with Ryan Condie http://linkedin.com/in/ryancondie http://letsbuyabusiness.com/ https://forms.gle/RRcXpe3dK7pNGqv16 Deal Flow Newsletter - http://letsbuyabus...
141
March 5, 2021

Interview with Blake Hutchison, CEO of Flippa, World's Largest Marketplace for Digital Assets

Blake is the CEO of Flippa.com, the #1 marketplace to buy and sell digital assets. Flippa has the most buyers, the most sellers, and the most transactions around. My favorite topic was when he talked about “Owning Your Future”. Make decisions for yourself. We dive into asset classes, life-changing businesses, and how to take advantage of the digital real estate world. Episode Resources https://forms.gle/RRcXpe3dK7pNGqv16 Connect with Blake Hutchison Linkedin - https://www.linkedin.com/in/bla...