Episodes

170
June 7, 2021

Ken Greene - The Engineer of Finance

Ken Greene is an engineer turned finance guru. He was forced into finance and embraced it. He believes business acquisition is underrated (duh) and also why coaches are necessary in all aspects of life. Ken learned the hard way by being amazing in one area and thinking it carried over to all areas of life. We dive into… - Cash reserves - Transitions from career - How to think about acquisitions - Biggest mistakes people make with their finances. Ken actually sold one of his businesses last ye...
169
June 3, 2021

Mid-Deal Update - Jen Anderson

Jen’s Acquisition Update. Husband lost his job Partner is gone How she is structuring a tricky seller-financed deal Down payments Growth opportunities AND WHY you need to get so creative as an entrepreneur. “Entrepreneurs are some of the most creative artists in the world.” —Chuck Mullins Episode Resources Connect with Ryan Condie http://linkedin.com/in/ryancondie http://letsbuyabusiness.com/ https://forms.gle/RRcXpe3dK7pNGqv16 https://acquisitionlab.com/ - The first do-it-with-you advi...
168
June 1, 2021

Kyberlight - What You Learn About Your Company When Putting It Up For Sale

Sam Whitney was on the podcast in January and had such a cool entrepreneurial journey. He’s selling his company so we do a short episode on what he has learned about taking his company and putting it up on the market. The good. The bad. The ugly. Episode Resources Connect with Ryan Condie http://linkedin.com/in/ryancondie http://letsbuyabusiness.com/ https://forms.gle/RRcXpe3dK7pNGqv16 Sponsors: Live Oak Bank is a seasoned SMB lender providing SBA and conventional financing for search funds, ...
167
May 27, 2021

Josh Kim Bought 3 Businesses by Age 20 (SBA Loans for $2.5M)

Josh Kim bought 3 businesses by age 20. That’s nuts. He graduated high school at 16 and went straight to college. Josh bought home health and hospice companies and then started to grow through acquisition. We dive into… — How he thought about buying a company — How to win deals — Why he decided to sell What I love about Josh is that he moves fast and knows he can accomplish anything regardless of previous experience or anything. Episode Resources Connect with Ryan Condie http://linkedin.com...
166
May 24, 2021

Luke Hohmann Started a Business Because of a War + His Exit

Luke Hohmann started a business because of a war. He focused his company building on customers first and let the chips and revenue solve problems. We dive into… How to build a business to sell Shifting from consulting to building How to build a company of revenue rather than VC/Angel Episode Resources Connect with Ryan Condie http://linkedin.com/in/ryancondie http://letsbuyabusiness.com/ https://forms.gle/RRcXpe3dK7pNGqv16 Sponsors: https://acquisitionlab.com/ - The first do-it-with-you a...
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...