Carrie sits down with Jennifer Vazquez, a single mother who overcame bankruptcy and the failure of her first business to build and sell a series of successful childcare centers.
Jennifer shares her journey of acquiring, scaling, and eventually selling three childcare centers for double their valuation. She discusses key strategies such as seller financing, and the benefits of buying existing businesses over starting from scratch.
Jennifer also delves into her transition from running childcare centers to her current role as an EOS coach, helping other entrepreneurs achieve success. Her story is filled with persistence, grit, and invaluable insights for anyone navigating the entrepreneurial landscape.
2:20 Why Buying an Existing Business Can Be a Smart Move
5:29 Seller Financing Explained in Simple Terms
7:11 Negotiating Back Rent With the Landlord
9:01 Searching for Strong Standalone Business Opportunities
10:50 Acquiring the Building Through a REIT
13:12 Taking Bold Risks by Expanding to Multiple Locations
15:14 Using EOS to Run and Scale the Business
17:44 Why She Decided to Sell After Major Success
19:53 Hitting Their Best Year Ever in 2021
24:11 Keeping Quality High All the Way to Closing
26:22 How EOS Coaching Transforms Businesses
28:00 Shifting From Day-to-Day Operator to Visionary
30:02 The Big Advantages of Buying an Existing Business
