Episodes

115
Dec. 23, 2020

Jake Knight Bought a Great, Local Business This Year

Jake brings a wealth of business experience to the show. He dives into his search, what went well, and his focus on long-term business valuation. If you are searching for a business to buy, follow Jake's journey to do it. Episode Resources Connect with Ryan Condie http://linkedin.com/in/ryancondie http://letsbuyabusiness.com/ https://forms.gle/RRcXpe3dK7pNGqv16 Connect with Jake Knight 6 Months to CEO Course - https://courses.buythenbuild.com/courses/six-months-to-ceo?ref=ee4f9d Consulting - h...
114
Dec. 21, 2020

4 Businesses I'm looking at Right Now

4 Businesses I'm looking at Right Now - I go through and identify as quickly as possible why these businesses aren't a fit for me. Episode Resources Connect with Ryan Condie http://linkedin.com/in/ryancondie http://letsbuyabusiness.com/ https://forms.gle/RRcXpe3dK7pNGqv16 6 Months to CEO Course - https://courses.buythenbuild.com/courses/six-months-to-ceo?ref=ee4f9d Consulting - http://letsbuyabusiness.com/consulting Business 1 - https://www.alpinebusinessbrokers.com/web-hosting-web-development/...
113
Dec. 18, 2020

When and How to Submit a Letter of Intent (LOI)

A lot of people wonder when and how to submit a LOI. I break down my process. It's not perfect but has worked 3 times for me. Make sure the business you are thinking about putting a LOI on is something you are stoked out of your mind about. Episode Resources Connect with Ryan Condie http://linkedin.com/in/ryancondie http://letsbuyabusiness.com/ https://forms.gle/RRcXpe3dK7pNGqv16 6 Months to CEO Course - https://courses.buythenbuild.com/courses/six-months-to-ceo?ref=ee4f9d Consulting - http://l...
112
Dec. 16, 2020

Someone Hit Me Up with Their Business and My Sister-In-Law IS BUYING IT!

You don't know where your deal will come from. It's probably hidden somewhere in your... Episode Resources Connect with Ryan Condie http://linkedin.com/in/ryancondie http://letsbuyabusiness.com/ https://forms.gle/RRcXpe3dK7pNGqv16 6 Months to CEO Course - https://courses.buythenbuild.com/courses/six-months-to-ceo?ref=ee4f9d Consulting - http://letsbuyabusiness.com/consulting
111
Dec. 14, 2020

Should I Make a Bunch of Money or Learn a Skill Set to Acquire a Company?

Mailbag....should I make a bunch of money or learn a skill set to acquire a company? 203 ways to skin a cat. I go through both options but then pick a plan. AND STICK TO IT. Episode Resources Connect with Ryan Condie http://linkedin.com/in/ryancondie http://letsbuyabusiness.com/ https://forms.gle/RRcXpe3dK7pNGqv16 6 Months to CEO Course - https://courses.buythenbuild.com/courses/six-months-to-ceo?ref=ee4f9d Consulting - http://letsbuyabusiness.com/consulting
110
Dec. 11, 2020

What Are You Bringing to the Table?

Is this a good business? I get that question a ton. It's the wrong question sometimes. Most people should be using what they bring to the table to find the right business. Episode Resources Connect with Ryan Condie http://linkedin.com/in/ryancondie http://letsbuyabusiness.com/ https://forms.gle/RRcXpe3dK7pNGqv16 http://letsbuyabusiness.com/consulting
109
Dec. 9, 2020

Abundance Going Into 2021

The World is a Growing Pie. Just because you're happy and wealthy doesn't take away from my ability to be happy and wealthy. What works for me to maintain an Abundance Mindset: Gratitude Taking Action Episode Resources Connect with Ryan Condie http://linkedin.com/in/ryancondie http://letsbuyabusiness.com/ https://forms.gle/RRcXpe3dK7pNGqv16 Consulting - http://letsbuyabusiness.com/consulting
108
Dec. 7, 2020

Our Acquisition Update #1

Quick episode about the transition, first few weeks, what we've learned, and who we've hired already. Send me a message on LinkedIn if interested in LP options. Episode Resources Connect with Ryan Condie http://linkedin.com/in/ryancondie http://letsbuyabusiness.com/ https://forms.gle/RRcXpe3dK7pNGqv16 Consulting - http://letsbuyabusiness.com/consulting
107
Dec. 4, 2020

2021 Vision + Bucket List - Trav Bell Interview

2020 is about to wrap up. Get started on your plan for 2021. I love doing a Vivid Vision and going into detail. Get the momentum you need now to get started in 2021. Trav Bell is known as the Bucket List Guy. He helps people live to the fullest. Hopefully, this episode will awaken something inside of you to take something, anything to the next level. Episode Resources Connect with Ryan Condie http://linkedin.com/in/ryancondie http://letsbuyabusiness.com/ https://forms.gle/RRcXpe3dK7pNGqv16 Con...
106
Dec. 2, 2020

Turkeys and Risk...Life Is Good Till It’s Not

Turkeys get fat for 999 days and then they get chopped. Turkeys and Risk. Episode Resources Connect with Ryan Condie http://linkedin.com/in/ryancondie http://letsbuyabusiness.com/ https://forms.gle/RRcXpe3dK7pNGqv16 Consulting - https://letsbuyabusiness.com/consulting https://seekingalpha.com/article/3694906-what-turkeys-can-teach-us-risk-management Nassim Taleb - AntiFragile - https://amzn.to/2KDX5hy
105
Nov. 30, 2020

Business Valuation Expert - Ashley Micciche Interview

Ashley has seen a lot of businesses and valued those businesses. She dives into what drives value, how to identify that value as a seller/buyer. You can never understand the power of "WHO, NOT HOW" when working with professionals. This is a perfect example of people trying to save a buck and lose out on massive value but not asking for professional help. Episode Resources Connect with Ryan Condie http://linkedin.com/in/ryancondie http://letsbuyabusiness.com/ https://forms.gle/RRcXpe3dK7pNGqv16 ...
104
Nov. 27, 2020

Interview with a 3-Year Business Searcher - Spencer Montgomery

Spencer has spent 3 years looking for a company to buy. He put several LOI's out and narrowly missed a few of them. We dive into what has worked and not worked with his search. Episode Resources Connect with Ryan Condie http://linkedin.com/in/ryancondie http://letsbuyabusiness.com/ https://forms.gle/RRcXpe3dK7pNGqv16 Connect with Spencer Montgomery Twitter - https://twitter.com/montspencer?lang=en LinkedIn - https://www.linkedin.com/in/montgomeryspencer/ montgomery.spencer72@gmail.com
103
Nov. 25, 2020

Actual Financial Numbers of an SBA Loan

I dive briefly into the numbers of an SBA loan. 40% of profit goes to debt. 60% is left to grow your business, pay yourself and pay off debt faster. Episode Resources Connect with Ryan Condie http://linkedin.com/in/ryancondie http://letsbuyabusiness.com/ https://forms.gle/RRcXpe3dK7pNGqv16 https://www.youtube.com/channel/UC89bz23mY5sXoYVniSpSOuw?view_as=subscriber Twitter - https://twitter.com/RyanPaulCondie https://letsbuyabusiness.com/consulting
102
Nov. 23, 2020

Finally Bought a Company. Now What?

So, Part 2 last week was the 100th episode. Crazy. A few ways to go BUT we'll definitely be diving more into how to grow this company and then of course, more acquisitions. I have had lots of conversations around raising money from investors on a deal-by-deal basis. Let me know if that sounds interesting to you. Thanks for following along this wonderfully, crazy journey. Episode Resources Connect with Ryan Condie http://linkedin.com/in/ryancondie http://letsbuyabusiness.com/ https://twitter.co...
101
Nov. 20, 2020

We Bought a Company - The Tell All...Soap Opera Style… (Part 2)

Part 2 of this amazing experience! Structure of Our Deal SBA Loan Process (this sucked) Our Deal Due Diligence Growth Strategies Episode Resources Connect with Ryan Condie http://linkedin.com/in/ryancondie http://letsbuyabusiness.com/ https://forms.gle/RRcXpe3dK7pNGqv16 Consulting - https://ryanpcondie.typeform.com/to/DO0J3s45 https://www.rentlingo.com/
100
Nov. 18, 2020

We Bought a Company - The Tell All...Soap Opera Style… (Part 1)

We bought a business. Juicy Details. Part 1. How I found the deal Why I liked it Could I build this in 2 years? Episode Resources Connect with Ryan Condie http://linkedin.com/in/ryancondie http://letsbuyabusiness.com/ https://forms.gle/RRcXpe3dK7pNGqv16 Consulting - https://ryanpcondie.typeform.com/to/DO0J3s45
99
Nov. 16, 2020

Why I’m buying a Business (and Not Just One)

Why I’m buying a Business (and not just one) - Financial Freedom - Product Market Fit + Profit + Customers - Leverage - Accountability. Also, I am opening up consulting. I've been doing consulting for lots of people behind the scenes but opening it up to a few more people for Nov/Dec. Episode Resources Connect with Ryan Condie http://linkedin.com/in/ryancondie http://letsbuyabusiness.com/ https://forms.gle/RRcXpe3dK7pNGqv16 Consulting - https://ryanpcondie.typeform.com/to/DO0J3s45
98
Nov. 13, 2020

Change the Terms, Not the Price

You name the price, I'll name the terms. Sometimes you can't change the price, so change the terms instead. Episode Resources Connect with Ryan Condie http://linkedin.com/in/ryancondie http://letsbuyabusiness.com/ https://forms.gle/RRcXpe3dK7pNGqv16
97
Nov. 11, 2020

What to Look For in Amazon FBA businesses - Ty Roney Interview

There is a lot to unpack with Amazon FBA businesses. Ty is an amazon seller expert and has helped over 100 companies launch, grow, and expand on Amazon. He jumps into what he would look for in an Amazon-only business. Episode Resources Connect with Ryan Condie http://linkedin.com/in/ryancondie http://letsbuyabusiness.com/ https://forms.gle/RRcXpe3dK7pNGqv16 Connect with Ty Roney https://www.linkedin.com/in/ty-roney/ troney8@gmail.com https://www.birdcommerce.com/
96
Nov. 9, 2020

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
95
Nov. 6, 2020

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
94
Nov. 4, 2020

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 ...
93
Nov. 2, 2020

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/
92
Oct. 30, 2020

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