In this episode, Jonathan does something a little different: a live Q&A session with listeners and aspiring dealmakers. You’ll hear real, unscripted questions from entrepreneurs across the UK (and beyond) – and Jonathan’s direct, practical answers drawn from decades of dealmaking experience.
In This Episode
- Why traditional “day-one finance + deferred consideration” deals are becoming outdated.
- The big difference between the “vanilla” advice on YouTube and the full-flavour strategies inside Mastermind.
- Should you start with a small (£500k turnover, 5 staff) business – or aim higher?
- Why franchises are often jobs masquerading as businesses (and what to do instead).
- How to buy businesses abroad (Spain, Canada, etc.) and whether the process differs from the UK.
- What percentage of people actually buy a business after joining Mastermind – and why effort is the deciding factor.
- Why brokers are a trap for first-time buyers (and what to do instead).
- The truth about legal and professional fees – and why the business you buy pays them, not you.
- A reality check: why targeting £5–10m EBITDA in 18 months is unrealistic – and what is possible.
- What to do if management buys out the owner while you’re negotiating a deal.
- Is it better to buy near you, or can you run a business from afar?
Links & Resources Mentioned
Key Takeaway
Every question reveals the same truth: success in business acquisition isn’t about finding a “magic formula” – it’s about having the right process, guidance, and deal flow. The people who follow the system always end up buying businesses.
Listen Now
If you enjoyed this Q&A format and want Jonathan to do more, let him know by leaving a comment or review!
And if you’re serious about buying your first (or next) business, book your free clarity call today: dealmakers.co.uk/clarity