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Showing episodes and shows of
Ryan Condie
Shows
Let’s Buy a Business
Deal Dive - Fitness eCommerce Brand with Proprietary Products, Trademark & Patent
In this episode of Let's Buy Business, Ryan discusses a fitness eCommerce brand called Top Form Design, which sells attachments for Peloton bikes and has seen significant growth due to the COVID-19 pandemic. The business is currently listed for sale at a high asking price of $3.9 million. Ryan expresses concerns about the high valuation and the fact that the company's growth may be tied to external factors such as the increased popularity of home workouts during the pandemic. He also questions why the company manufactures its products in the US and why it hasn't pursued opportunities like...
2023-04-24
12 min
Let’s Buy a Business
In the Trenches on 100’s of Business Valuations with Ryan Hutchins
Ryan Hutchins has run professional valuations on 100’s of businesses across every business sector. He’s a pro. We dive into… — 3 Cash Flow ways to value a business…1. Cash Flow 2. Market Multiples and 3. Straight Assets — Projecting Trends and how that impacts valuations — Dive lightly into asset heavy businesses Episode Sponsored By Looking for fantastic remote workers? Call to Action Book a Call with Me Let’s Buy a Business Newsletter 10 Step Video series to Finding a Company to Buy Let’s Buy a Business Youtube
2023-04-20
35 min
Let’s Buy a Business
How to Buy a Business that Needs You with Jason Condie
Jason Condie went from a 7th grade Spanish teacher to owning multiple businesses in less than 3 years. He just acquired a website and digital course business that needed his skillset. We dive into... - Complete Career Transformation - Hiring the Whos and NOT learning the Hows - Motivated Sellers - Risk Tolerance - Buying a Business that needs you. Episode Resources 10 Step Video series to Finding a Company to Buy Connect with Ryan Condie http://linkedin.com/in/ryancondie http://letsbuyabusiness.com/ https://forms.gle/RRcXpe3dK7pNGqv16...
2022-05-24
20 min
Let’s Buy a Business
Mike Finger - 4 Successful Exits, Unique Acquisitions
Mike is the CEO of ExitOasis.com and has bought, built and sold 4 businesses. He’s also been a broker and coaches people on how to sell their business now. Mike found his first acquisition by driving around town and talking to owners. His Framework of Successfully Selling your Business: Desirable Results Duplicate Results Document Results The Owners wait too long to think about getting it ready to sell, then they fail. Episode Resources Connect with Ryan Condie http://linkedin.com/in/ryancondie http://letsbuyabusiness.com/ https://fo...
2022-05-05
32 min
Let’s Buy a Business
The Actual Numbers Behind an SBA Deal with Kinza Azmat
Kinza Azmat is an awesome entrepreneur and human being. She is making the switch from the corporate world to entrepreneurship through acquisition AND closing on her deal in a week. Here we dive into...the numbers! - All things SBA - Down Payment - Debt Payments - Earnings Yes, this episode is simplified as we mainly talk about just the numbers. Not all the other hard things like signing a Personal Guarantee, finding the business, supportive spouses, and the 1,349 things that go wrong when finding a deal. :) Episode...
2022-04-26
13 min
Let’s Buy a Business
eCommerce Business for Sale - Low Multiple
We dive into a business for sale. Key Points - $30k Purchase Price - 1.1x Multiple $27k SDE Big 3rd Party launch coming in 30 days - (she did $48k in revenue last year on this segment) **I am the advisor/broker on this listing. I normally keep all things brokering separate from the podcast but thought this could be interesting to the listeners. Many of you could fit this. Click here for more info https://quietlight.com/listings/10757697/ or Email Ryan@quietlight.com Ep...
2022-03-11
07 min
Let’s Buy a Business
4 Years to $5M Exit in the Solar Industry with Ryan Wallace
Ryan Wallace went from successful Stock Broker to starting NM Solar Group. Ups and Downs and then a $5M exit. Amazing nuggets in this story. Episode Resources 10 Step Video series to Finding a Company to Buy Mushfiq's Content Website Buying Course Connect with Ryan Condie http://linkedin.com/in/ryancondie http://letsbuyabusiness.com/ https://forms.gle/RRcXpe3dK7pNGqv16 Connect with Ryan Wallace https://www.linkedin.com/in/sdryanwallace/
2022-03-03
15 min
Let’s Buy a Business
Buying Foundries Across America - Reg Zeller
Reg Zeller took his background from his corporate career to acquire foundries. Yes, foundries, workshops or factories for casting metal. They are on a buying spree and are operating profitably. Incredible business nuggets and life lessons being dropped here. This is a must listen to episode for anyone in any industry. Episode Resources Connect with Ryan Condie http://linkedin.com/in/ryancondie http://letsbuyabusiness.com/ https://forms.gle/RRcXpe3dK7pNGqv16 Reg Zeller Twitter - https://twitter.com/RegZeller Reg Zeller LinkedIn - https://www.linkedin.com/in/regzeller/ His Company - h...
2022-02-17
44 min
Let’s Buy a Business
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 Personal Guarantees: https://buythenbuild.com/personal-guarantee Ryan Twitter - https://twitter.com/RyanPaulCondie
2022-02-15
08 min
Let’s Buy a Business
Why Buy A Profitable Online Business Instead Of Starting One with Ryan Condie [Part 1]
I join Jaryd Krause's podcast - Buying Online Businesses. I don't normally go on the other end and thought it would be good content and insights for you all. Part 1 - Imagine if you could skip forward 3-5 years in your online business journey, just from buying a profitable online business. Instead of spending a whole lot of time, money, effort and energy just trying to start an online business and still run the risk of it failing. You see 90% of all startups fail and Ryan Condie shares why this happens in this...
2022-01-27
23 min
Let’s Buy a Business
From Software Sales to Buying an Insulation Business with Damon Chlarson
Damon Chlarson was in software sales in corporate America before jumping off the high dive and buying a business 60 days ago. He bought Pacific Insulation Supply. We dive into... - Leaving Corporate America - His Business Search - Diving into SMB Twitter - Leveraging His Sales Skills - How to view the last 30 days of the business performance - Operating a business with someone else's process Episode Resources Connect with Ryan Condie http://linkedin.com/in/ryancondie http://letsbuyabusiness.com/ https://forms.gle/RRcXpe3dK7pNGqv16...
2022-01-20
23 min
Let’s Buy a Business
Buying over 300 Websites since 2004 - Michael Bereslavsky
Michael Bereslavsky is the Founder and CEO of Domain Magnate. It has led him from solo ventures in building, promoting, and monetizing websites, to over a decade of buying and growing internet businesses and successfully completing over 300 deals. We dive into… — Specific deals on how he found off-market businesses for sale — Hair or red flags on a deal? Sometimes lean in… — Where you’re first deal can be You can learn more about Michael at www.michaelbereslavsky.com Episode Resources Connect with Ryan Condie http://linkedin.com/in/ryancondie...
2021-11-11
25 min
Let’s Buy a Business
Shaylan Hurley on Quitting his job and Buying 2 Companies in the last 2 Months
Shaylan Hurley texted me and said, I just quit my job and bought 2 companies…that will get your attention. We dive into mentors, finding deals, structuring deals, and how to stand out. Shaylan is also very good at attacking with full force his fear. Episode Resources Connect with Ryan Condie http://linkedin.com/in/ryancondie http://letsbuyabusiness.com/ https://forms.gle/RRcXpe3dK7pNGqv16 Connect with Shaylan Hurley https://www.linkedin.com/in/shaylan-hurley-064b52a5/ Sponsor: Live Oak Bank is a seasoned SMB lender providing SBA and conventional financing for search funds, in...
2021-11-09
28 min
Let’s Buy a Business
Jayson Lowe - Why Pressure is a Privilege and Managing Multiple Companies at Once
Jayson Lowe left corporate Canada/America in 2008 and never looked back. This is a fun conversation around all things entrepreneurship, grit, and starting with the end in mind. We dive into… — Making the leap to entrepreneurship — Why Hiring Coaches and Mentors is crucial — Pressure is a Privilege — How to manage multiple companies at once You can learn more about Jayson below. Episode Resources Connect with Ryan Condie http://linkedin.com/in/ryancondie http://letsbuyabusiness.com/ https://forms.gle/RRcXpe3dK7pNGqv16 Jayson Lowe: Banker’s Vault - http...
2021-11-02
29 min
Let’s Buy a Business
What is the Story with Add-Backs?
If you are looking at businesses for sale, you'll notice a lot of add-backs. Some will make sense and others won't. You need to educate yourself on how to dig through the data. In the end, the buyer needs to operate the business the same way the seller operates the business. "Owner add-backs are items that they claim you should not need to pay once the owner leaves the business" - Michell Baldrige Episode Resources https://quietlight.com/3-types-of-addbacks/#ftoc-the-3-levels-of-addbacks-for-ecommerce-businesses https://www.dummies.com/business/corporate-finance/mergers-and-acquisitions/what-add-backs-are-legitimate-in-an-ma-deal...
2021-10-28
16 min
Let’s Buy a Business
The 4 Pillars of Value for an Acquisition
Time and time again buyers evaluate businesses on a few main criteria. It's called the 4 Pillars of Value and it helps determine whether a business has a high multiple or lower multiple. 1. Risk Mitigation 2. Growth Prospects 3. Transferability 4. Documentation / Verifiability This is a framework from Quiet Light which I've linked to their blog below. Episode Resources Connect with Ryan Condie http://linkedin.com/in/ryancondie http://letsbuyabusiness.com/ https://forms.gle/RRcXpe3dK7pNGqv16 https://quietlight.com/four-pillars-infographic/ Sponsor: Live Oak Bank is a seasoned SMB lender providing SBA...
2021-10-21
13 min
Let’s Buy a Business
Jim Oliver - What is Infinite Banking and How to Buy Assets (Businesses) With It
Jim Oliver has quite the entrepreneurial journey. He owns 22 businesses. Yes, 22 businesses. Jim finds great talent and then overpays them. We spend most of our time on what is known as infinite banking. We dive into… - What infinite banking is - How it works to buy more cash flow producing assets - Cash Flow vs Savers You can follow Jim here at CreateTailwind.com and the Breakaway Wealth Podcast. Episode Resources Connect with Ryan Condie http://linkedin.com/in/ryancondie http://letsbuyabusiness.com/ https://forms.gle/RR...
2021-10-19
31 min
Let’s Buy a Business
Evaluating eCommerce Acquisition Metrics with Matt Putra
Matt Putra is an eCommerce expert and fractional CFO for eCommerce brands. He’s built, bought, and consults for many eCom brands. We dive into… — Typical eCom Margins — eCom Must-Haves (Gross Margin, Email Lists, Areas for Improvement) — eCom Nice to Haves (VIP Groups, 30% Customer Retention, 3 to 1 customer lifetime value over acquisition costs Episode Resources Connect with Ryan Condie http://linkedin.com/in/ryancondie http://letsbuyabusiness.com/ https://forms.gle/RRcXpe3dK7pNGqv16 Show Sponsor: Live Oak Bank is a seasoned SMB lender providing SBA and conventional financing for search funds, ind...
2021-10-07
23 min
Let’s Buy a Business
Can I Buy a Business with No Money Down? + Other Common Question with David C Barnett
David Barnett has been an owner, broker, buyer, seller, and everything in between. He’s written a dozen books or so about buying and building companies. This is a fun conversation. We dive into questions such as… — Are small businesses a better investment than properties? — Is this a good business? — I’ve heard you can buy a business with zero down. Is that true? — Are there businesses I can buy while keeping my day job? Episode Resources Connect with Ryan Condie http://linkedin.com/in/ryancondie http://letsbuyabusiness.com/ https://f...
2021-10-05
33 min
Let’s Buy a Business
7 Business Purchases in 10 years - Walker Deibel Interview - Author of Buy Then Build
One of the most popular episodes of last year was Walker Deibel. I talk a lot about Walker Deibel, his book, and his courses. Now we have him live. Walker is a phenomenal entrepreneur and has seen incredible success through his acquisitions. He also sees 100's of businesses as a lead broker for QuietLight Brokerage. Walker talks about how to stand out as a buyer, why personal guarantees are required, and how to make sure you aren't missing any pieces to the puzzle when looking at operations. Episode Resources Connect with...
2021-09-30
50 min
Let’s Buy a Business
How the Wealthy View Money - Accumulation VS Utilization - Stephanie Walter
Stephanie started in insurance and left the corporate world when asking for a raise and she was denied. She left and built an insurance agency which led to an exit 16 years later. Stephanie then sold her business after she realized the different ways the rich view money and started putting things to use therewith cash flow investing. We dive into… — Exiting her business of 16 years — Cash Flow over Net worth — View on Money - Accumulation vs Utilization Episode Resources Connect with Ryan Condie http://linkedin.com/in/ryanc...
2021-09-28
25 min
Let’s Buy a Business
Income and Wealth Multipliers - How They Work for You or Against You
The value you are creating in your job or business is either being multiplied by a small % or a large %. When you own equity in a business, for every widget you sell today, someone will pay you 3-20 widgets for that one depending on the multiple. The people I would want to switch career places with all have a few things in common: High Accountability Work on Interesting Businesses and Projects Own Equity and Have Upside and Downside for their Decisions Exercise - Figure out if the value you are creating...
2021-09-23
11 min
Let’s Buy a Business
Real Business - Due Diligence Deep Dive with Elliott Holland
Elliott and I dive into a real deal that was for sale. Elliott has evaluated 1,000’s of businesses and has lots of tools and tricks for due diligence on a business. We change the numbers on a percentage basis to keep things anonymous and this is not for sale anymore. What’s fun here is that Elliott is more about where the business is today and the risks and I’m more about the growth opportunities and where the business can be. — Why Financials First — Is the Juice worth the squeeze? — How to identify the...
2021-09-21
34 min
Let’s Buy a Business
Listener Deep dive in finding off Market Deals - Manufacturing
Patrick, a long-time listener, we connect in San Diego and dive into 4 ways he can find unsexy difficult businesses. I toss in a bonus there too. 1. Where do the owners hang out? 2. CPA, Bookkeepers, Lawyers, Financial Planners 3. Owners know Owners. 4. Mailers Bonus - Suppliers...who supplies these unsexy businesses the raw goods? Episode Resources Connect with Ryan Condie http://linkedin.com/in/ryancondie http://letsbuyabusiness.com/ https://forms.gle/RRcXpe3dK7pNGqv16 Understanding the Seller’s Perspective Can Make All The Difference Event - Tuesday, Sept 28th, 12 PM...
2021-09-16
10 min
Let’s Buy a Business
5 Things I learned as a Broker to Stand Out as a Buyer
This is a podcast about buying business. I dive into how to stand out as a buyer to a broker. Episode Resources Connect with Ryan Condie http://linkedin.com/in/ryancondie http://letsbuyabusiness.com/ https://forms.gle/RRcXpe3dK7pNGqv16 Live Oak Bank is a seasoned SMB lender providing SBA and conventional financing for search funds, independent sponsors, private equity firms, and individuals looking to acquire lower middle-market companies. www.liveoakbank.com Lisa Forrest - Lisa.forrest@liveoak.bank 10 Step Video series to Finding a Company to Buy - http://letsbuyabusiness.com/video Ryan...
2021-08-24
07 min
Let’s Buy a Business
Jesse Safir Buys a Business and It Wasn't All Rainbows and Glory
Jesse Safir throws down nuggets of gold here. This is a fun convo with someone who bought a business and doesn’t paint the rosy picture. We dive into… - The issues with small businesses - Acquiring 9 months before COVID - Endless pivots to save his business over the past 2 years Check out ABGPrint.com for any of your printing needs. Episode Resources Connect with Ryan Condie http://linkedin.com/in/ryancondie http://letsbuyabusiness.com/ https://forms.gle/RRcXpe3dK7pNGqv16 Jesse - ABGPrint.com - Prin...
2021-08-19
23 min
Let’s Buy a Business
Sam Bass - Intersection of Operators and Capital - ChiefOperators.io
Sam started a business and then needed an operator as he realized that was not his skill set or his passion. Intersection of operators and capital Deal structures Why buy communities Episode Resources Connect with Ryan Condie http://linkedin.com/in/ryancondie http://letsbuyabusiness.com/ https://forms.gle/RRcXpe3dK7pNGqv16 Live Oak Bank is a seasoned SMB lender providing SBA and conventional financing for search funds, independent sponsors, private equity firms, and individuals looking to acquire lower middle-market companies. www.liveoakbank.com Lisa Forrest - Lisa.forrest@liveoak.bank 10 Step Video series t...
2021-08-17
18 min
Let’s Buy a Business
John Hammond Bought a Business While Working Full Time
John recently bought a micro SaaS company while keeping his day job. We dive into… His criteria for searching Lessons learned on this first acquisition What he’s targeting right now. John is a great follow on Twitter. Check him out below. Episode Resources Connect with Ryan Condie http://linkedin.com/in/ryancondie http://letsbuyabusiness.com/ https://forms.gle/RRcXpe3dK7pNGqv16 Connect with John Hammond Twitter - @johnhammond33 - https://twitter.com/johnhammond33 John's Company - atomicsoftware.co Live Oak Bank is a seasoned SMB lender providing SBA and conventional fina...
2021-08-12
21 min
Let’s Buy a Business
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 advisory service that is designed to accelerate your business acquisition search. Live Oak Bank is a seasoned SMB lender p...
2021-06-03
33 min
Let’s Buy a Business
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, independent sponsors, private equity firms, and individuals lo...
2021-06-01
18 min
Let’s Buy a Business
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/in/ryancondie http://letsbuyabusiness.com/ https...
2021-05-27
21 min
Let’s Buy a Business
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 advisory service that is designed to accelerate your business acquisition search. www.liveoakbank.com - Li...
2021-05-24
29 min
Let’s Buy a Business
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://letsbuyabusiness.com/survey Stay Up to Date Newsletter: https://letsbuyabusiness.us2.list-manage.com/subscribe?u=b401f6e90528a19faa7b37...
2021-05-20
10 min
Let’s Buy a Business
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 https://acquisitionlab.com/ www.li...
2021-05-17
33 min
Let’s Buy a Business
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 ASSETS. EQUITY. Episode Resources
2021-05-13
37 min
Let’s Buy a Business
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.liveoakbank.com/ https://acquisitionlab.com/ Survey...
2021-05-10
17 min
Let’s Buy a Business
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.liveoakbank.com/ https://acquisitionlab.com/ Host: Owned and Operated podcast - https://www.ownedo...
2021-05-07
37 min
Let’s Buy a Business
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://acquisitionlab.com/ https://microacquire.com/
2021-04-30
27 min
Let’s Buy a Business
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
2021-03-26
13 min
Let’s Buy a Business
Lewis Fausett and Ryan Condie Review an off-Market eComm Brand
Lewis and Ryan do a deeper dive into an off-market deal. This is a great business but they don't have the right skill sets to grow it. Episode Resources Connect with Ryan Condie http://linkedin.com/in/ryancondie http://letsbuyabusiness.com/ https://forms.gle/RRcXpe3dK7pNGqv16 Connect with Lewis Fausett https://microacquire.com/ Lewis - Linkedin - https://www.linkedin.com/in/lewisfausett/ Patrick Adair Designs - https://patrickadairdesigns.com/ Lewis@fausett.management
2021-03-19
23 min
Let’s Buy a Business
Shaylan Hurley on Quitting His Job and Buying 2 Companies in the Last 2 Months
Shaylan Hurley texted me and said, “I just quit my job and bought 2 companies”…that will get your attention. We dive into mentors, finding deals, structuring deals, and how to stand out. Shaylan is also very good at attacking his fear with full force. Episode Resources Connect with Ryan Condie http://linkedin.com/in/ryancondie http://letsbuyabusiness.com/ https://forms.gle/RRcXpe3dK7pNGqv16 Deal Flow Newsletter - http://letsbuyabusiness.com/newsletter Ryan's Twitter - https://twitter.com/ryanpaulcondie Connect with Shaylan Hurley LinkedIn - https://www.linkedin.com/in/shaylan-hurley-064b52a5/ Shaylan Hurley...
2021-03-04
27 min
Let’s Buy a Business
Mushfiq - The Website Flip - Buying Over 175 Websites in 10 years
Mushfiq has done what most people aspire to and has done it on the side. He's bought, built, and sold over 100+ sites. Mushfiq is the Founder of thewebsiteflip.com. He’s been buying, growing, and selling sites as a side-business with many 6-figure exits. He is a Super Seller on Flippa’s platform. Hires a team, has a day job, crushes life. Episode Resources Connect with Ryan Condie http://linkedin.com/in/ryancondie http://letsbuyabusiness.com/ https://forms.gle/RRcXpe3dK7pNGqv16 Ryan's Twitter - https://twitter.com/ryanpaulcondie Deal Flow...
2021-02-24
24 min
Let’s Buy a Business
Entrepreneur Desert After Leaving My Day Job + 2 Listings I Like Right Now
I'm 2.5 years away from quitting my corporate gig for the 2nd time and 2 ~$600k businesses I like that are for sale. Episode Resources Connect with Ryan Condie http://linkedin.com/in/ryancondie http://letsbuyabusiness.com/ https://forms.gle/RRcXpe3dK7pNGqv16 Ryan's Twitter - https://twitter.com/ryanpaulcondie Deal Flow Newsletter - http://letsbuyabusiness.com/newsletter 6 Months to CEO Course - https://courses.buythenbuild.com/courses/six-months-to-ceo?ref=ee4f9d
2021-02-22
12 min
Let’s Buy a Business
Where and How to Find Local Businesses for Sale
Ryan walks through the process of finding local businesses, working with brokers, and how to stay top of mind for local business brokers. Episode Resources Connect with Ryan Condie http://linkedin.com/in/ryancondie http://letsbuyabusiness.com/
2020-09-18
08 min
Let’s Buy a Business
4 Years to $5M Exit - Ryan Wallace Interview
Ryan Wallace went from a successful Stock Broker to starting the NM Solar Group. Ups and Downs and then a $5M exit. Amazing nuggets in this story. Episode Resources Connect with Ryan Condie http://linkedin.com/in/ryancondie http://letsbuyabusiness.com/ Connect with Ryan Wallace Ryanwallace33@gmail.com https://www.linkedin.com/in/sdryanwallace/
2020-09-16
15 min
Let’s Buy a Business
Stuck? Do this
I get stuck all the time. You eat an elephant by one bite at a time. Take a step back and plan your next moves. AND ask for help. Episode Resources Connect with Ryan Condie http://linkedin.com/in/ryancondie http://letsbuyabusiness.com/
2020-09-07
04 min
Let’s Buy a Business
Choosing a Business is Choosing Which Problems you Want to Solve
Every business has problems. You need to pick which problems you want to have or want to solve. If you start with the end in mind, you can then avoid bad headaches. Knowing what problems you'll have, you can then focus your effort, hiring, and overall happiness on nailing those. THIS will save you a ton of time on your search, avoiding companies that don't fit your goals. Episode Resources Connect with Ryan Condie http://linkedin.com/in/ryancondie http://letsbuyabusiness.com/
2020-09-04
13 min
Let’s Buy a Business
How to make $500k in 4-5 years
I got some great love and some great hate by outlining how to make $500k in 4 years. There are other ways to make that kind of money than buying a business, but I dive into the simple version here. Episode Resources Connect with Ryan Condie http://linkedin.com/in/ryancondie http://letsbuyabusiness.com/
2020-09-02
08 min
Let’s Buy a Business
Listener Puts an Offer on a Deal / Update on My Deal #3
Jennifer is all business: she's a listener who put an offer on a business. Also, the latest with my deal. Episode Resources Connect with Ryan Condie http://linkedin.com/in/ryancondie http://letsbuyabusiness.com/
2020-08-31
03 min
Let’s Buy a Business
Nothing to Do with Buying a Company But It’s Everything to Do with Buying a Company
Write 50 things you want to do AND THEN put a price tag next to each one. You'd be shocked how inexpensive some of these things are. I spoke to a very successful individual who has seen great success at several VC-backed companies but ultimately, he just wants to live on the beach with his kids and surf. He's now pursuing buying a company because he can apply his skill sets to his own businesses and get into the lifestyle he wants. Start with the end in mind. Epi...
2020-08-28
08 min
Let’s Buy a Business
Online Deals I'm Seeing Right Now
Pretty stellar businesses available right now. Here is how Ryan approaches looking at and evaluating these businesses. Episode Resources Connect with Ryan Condie http://linkedin.com/in/ryancondie http://letsbuyabusiness.com/
2020-08-26
12 min
Let’s Buy a Business
How to Reach Out to Owners Directly to Buy Their Company
How do you reach out directly to an owner to buy their company? There is an art here, but keep in mind, this is hard to do. I've seen a lot of people do this but you can lose a lot of time and not get anywhere. HAVING said that, I still do it. Here are some tips/tricks. Episode Resources Connect with Ryan Condie http://linkedin.com/in/ryancondie http://letsbuyabusiness.com/
2020-08-24
14 min
Let’s Buy a Business
Raleigh Williams Interview - Selling His Entertainment Business
Wow! This episode is so good! From Raleigh, leaving his high-paying corporate lawyer career, to grinding it out building Escape Rooms and Trampoline Parks. Raleigh talks about his exit and how to go about selling his company. Episode Resources Connect with Ryan Condie http://linkedin.com/in/ryancondie http://letsbuyabusiness.com/ Connect with Raleigh Williams https://www.linkedin.com/in/raleigh-williams-32477042/ https://podcasts.apple.com/us/podcast/raleigh-g-audio-experience/id1463899267 raleighwilliams7@gmail.com
2020-08-21
27 min
Let’s Buy a Business
Ask for Money, You get Advice. Ask for Advice, You get Money
Ryan spoke to a few individuals who want to buy a business in 2 to 10 years. That's great, but the issue was money. You can buy a business with investors. Here are a few thoughts on raising money from someone who has never raised money. Full Disclosure. Episode Resources Connect with Ryan Condie http://linkedin.com/in/ryancondie http://letsbuyabusiness.com/
2020-08-19
08 min
Let’s Buy a Business
Latest Insights on my Deal and Due Diligence
Quick update on my deal and the due diligence process AND putting together a partnership agreement. Episode Resources Connect with Ryan Condie http://linkedin.com/in/ryancondie http://letsbuyabusiness.com/
2020-08-17
04 min
Let’s Buy a Business
How to Buy a Company with a Job and Kids
Buying a company while you have a job and kids and Costco bills is hard. So is life. So is going into a job you hate. You need to figure out where you can cut expenses and activities that are a waste of time. Song was the perfect example of how to stay disciplined in his search. Episode Resources Connect with Ryan Condie http://linkedin.com/in/ryancondie http://letsbuyabusiness.com/
2020-08-14
08 min
Let’s Buy a Business
Song Pettus Dominates the Search and Buys a Stellar Company
Song has an incredible story of how he did his search with a full-time job in the LA region. Song had to focus on saying no to nearly everything that didn't fit his criteria while working at 6am and again from 8pm to 1am to find a company. He bought a stellar business in March in the middle of the COVID pandemic. Song talks about what attracted him to the business, how to make quick decisions, and why you need multiple lenders. Episode Resources Connect with Ryan Condie http://linkedin.com/in/ryancondie http://let...
2020-08-12
31 min
Let’s Buy a Business
Frustrations of Searching for a Business to Buy
Looking for a business can be miserable. You're alone, you don't produce anything, ship anything, sell anything, talk to happy customers and you don't make any money. Keep reminding yourself of your "WHY". My, why is financial freedom, buying, and building an awesome business and having fun while doing it for my family. Episode Resources Connect with Ryan Condie http://linkedin.com/in/ryancondie http://letsbuyabusiness.com/
2020-08-10
08 min
Let’s Buy a Business
Small Deals vs Big Deals
Small Deals are riskier, require all cash to buy, and take up the same amount of time as Big Deals. You can cut your teeth on small deals but they can be super hard to do. Episode Resources Connect with Ryan Condie http://linkedin.com/in/ryancondie http://letsbuyabusiness.com/
2020-08-07
05 min
Let’s Buy a Business
Due Diligence - How to Reduce Costs Until You Know the Deal is Done
Ryan is in the middle of due diligence but he tells a story of one $1M company buying another $1M company and nearly going under when it doesn't go through. You need to establish what the bottlenecks and KPI's are for the deal. If those 4-5 things don't work out, then the deal is dead. DO this BEFORE you incur massive costs from attorneys and CPAs. Episode Resources Connect with Ryan Condie http://linkedin.com/in/ryancondie http://letsbuyabusiness.com/
2020-08-05
07 min
Let’s Buy a Business
Stock vs Asset Purchase
First off, get a great attorney and CPA. Ryan walks through navigating a stock purchase and an asset purchase. Most businesses sub $5M will be an asset sale. In a nutshell, Asset Purchase is typically better for the buyer. Stock Purchase is typically better for the seller. Episode Resources Connect with Ryan Condie http://linkedin.com/in/ryancondie http://letsbuyabusiness.com/
2020-08-03
05 min
Let’s Buy a Business
Update on My Deal #2 - Next Steps of Due Diligence / Complementary Skills with your Partner
After costs, revenue, and customers are verified, you move on to the next tier of due diligence. Ryan dives a little into his partner and his complementary skills. Episode Resources Connect with Ryan Condie http://linkedin.com/in/ryancondie http://letsbuyabusiness.com/
2020-07-31
05 min
Let’s Buy a Business
Last Month - I almost QUIT looking for a business
Last month, I hit the DIP. I was tired and worn out trying to find a business. My wife helped me push through and realize I was in this for the long haul. Seth Godin talks about the dip when trying something new or hard. YOU have to push through as you are right next to explosive growth and results. Episode Resources Connect with Ryan Condie http://linkedin.com/in/ryancondie http://letsbuyabusiness.com/ The Dip by Seth Godin - https://amzn.to/39oDrP1
2020-07-29
07 min
Let’s Buy a Business
Due Diligence Well
NOW time for Due Diligence. As my friend Landon Ainge said it best "Due Diligence Well". Verify everything in the past as fast as possible. THEN start predicting the future. Run lots of different scenarios and the likelihood of them happening... Episode Resources Connect with Ryan Condie http://linkedin.com/in/ryancondie http://letsbuyabusiness.com/
2020-07-27
08 min
Let’s Buy a Business
I'm Under LOI! + Find Under-Utilized Assets
My bid from 4 weeks ago was back on the table after two weeks and now I'm a week into being under LOI. We are way deep into Due Diligence. A few key takeaways....you need a network to tap into immediately in given fields and find underutilized assets within businesses. Episode Resources Connect with Ryan Condie http://linkedin.com/in/ryancondie http://letsbuyabusiness.com/
2020-07-24
08 min
Let’s Buy a Business
From a $3M Acquisition to $88M Sale in 8 years - Jordan Law Interview
50 years in the Aerospace Industry: from getting nearly fired, to buying and selling companies in Aerospace. Jordan always had creative solutions and bet on himself to make things happen. He invested heavily in his employees and gave them a massive upside that led to a $3M acquisition to an $88M sale only 8 years later. Episode Resources Connect with Ryan Condie http://linkedin.com/in/ryancondie http://letsbuyabusiness.com/ Connect with Jordan Law jordanlaw42@gmail.com
2020-07-22
42 min
Let’s Buy a Business
Cyber Security for SMB's + Secret Tunnels in Las Vegas + Niche-Based Roll Up Strategies - Interview with Rick Jordan
Rick Jordan is a cyber-security expert, small business owner, host of the podcast All-In with Rick Jordan, AND buys businesses in his space. We dive into hidden tunnels in Las Vegas, how SMB's can avoid cyber threats and his roll-up strategy for cybersecurity firms. Episode Resources Connect with Ryan Condie http://linkedin.com/in/ryancondie http://letsbuyabusiness.com/ Connect with Rick Jordan Cyber Crime (Movie on Amazon) - https://amzn.to/3j4wV4n https://www.libertylockdown.com/libertylockdownteaser http://www.rickjordan.tv/ https://www.instagram.com/mrrickjordan/ https://twitter.com/mrrickjordan https://www.faceb...
2020-07-20
28 min
Let’s Buy a Business
Darren Neilson - OrangeTheory Fitness and Franchise Interview
Darren is our attorney from the last episode who also owns an OrangeTheory Fitness franchise. He dives into franchising and what helped him launch into profitability. Episode Resources Connect with Ryan Condie http://linkedin.com/in/ryancondie http://letsbuyabusiness.com/ Connect with Darren Neilson Dneilson@parsonsbehle.com Phone: 801-536-6950
2020-07-17
17 min
Let’s Buy a Business
Darren Neilson Interview - Acquisition Lawyer
Darren Neilson is an acquisition attorney who focuses on bankruptcy sales. He helps transition businesses during bankruptcy and is a wealth of knowledge around legal, acquisitions, and interacting with attorneys. Episode Resources Connect with Ryan Condie http://linkedin.com/in/ryancondie http://letsbuyabusiness.com/ Connect with Darren Neilson Dneilson@parsonsbehle.com Phone: 801-536-6950
2020-07-15
23 min
Let’s Buy a Business
3 Biggest Reasons on How You Fail When Looking for a Company to Buy
You fail in 3 ways in buying a company. 1. Buying a bad business 2. Running out of money 3. Running out of patience. Episode Resources Connect with Ryan Condie http://linkedin.com/in/ryancondie http://letsbuyabusiness.com/
2020-07-13
04 min
Let’s Buy a Business
Buying and Holding, then Selling
What if you put $100k down, buy a million-dollar business, grow it 10% (super conservative), pay off debt aggressively, then sell it in 4 years for ~$1.2M and pay yourself ~$250k/year for 4 years...Not bad. Episode Resources Connect with Ryan Condie http://linkedin.com/in/ryancondie http://letsbuyabusiness.com/
2020-07-10
04 min
Let’s Buy a Business
Uncomfortable Conversations with Yourself: Can you sleep at night if you owe the bank $1M?
Every decision has risks and opportunities with it. One I've been thinking a lot about is how fluffy it feels to talk about buying a company. When push comes to shove, will you actually borrow $1M to buy an awesome asset that you can grow 2-3x?.....you still owe someone $1M and many can't sleep at night with that over their heads. Episode Resources Connect with Ryan Condie http://linkedin.com/in/ryancondie http://letsbuyabusiness.com/
2020-07-08
07 min
Let’s Buy a Business
Online Tricks to Old School Business - Interview with Matt Blackwelder
Matt was the main guy going in to acquire businesses to run them. His Private Equity company bought 18 businesses in 18 months with Jared Zemp. We also breakdown how to use new tactics from online to offline businesses. Episode Resources Connect with Ryan Condie http://linkedin.com/in/ryancondie http://letsbuyabusiness.com/ Connect with Matt Blackwelder https://www.linkedin.com/in/matthew-blackwelder-004a91b1/
2020-07-06
40 min
Let’s Buy a Business
Think Like an Investor, Not an Operator
You can't just replace your job. Be real about the opportunities for growth and if you have the skill sets or ability to grow it. If your business requires a new location (like a new restaurant location) to double capacity, be weary of this deal. You're replacing your job. Episode Resources Connect with Ryan Condie http://linkedin.com/in/ryancondie http://letsbuyabusiness.com/
2020-07-03
06 min
Let’s Buy a Business
I Put an Offer on a Business!
Ryan found a business, moving fast...we'll see if he can get this lined up. Episode Resources Connect with Ryan Condie http://linkedin.com/in/ryancondie http://letsbuyabusiness.com/
2020-06-29
04 min
Let’s Buy a Business
Don't Learn Everything. For Now, Understand Cash Flow and Competitive Landscapes
It's impossible to learn everything about something before you have a business in hand that matches up with that particular business model. A friend asked how he could learn to run an e-commerce company. The answer is, just run one. Focus on Just-In-Time learning. Learn things that you'll need at that exact moment. Ryan believes the most important thing is understanding how Cash Flow works for business models. Episode Resources Connect with Ryan Condie http://linkedin.com/in/ryancondie http://letsbuyabusiness.com/
2020-06-25
08 min
Let’s Buy a Business
Building His Gyms and a Successful Exit to Bankruptcy with Scott Aaron
Scott Aaron has 18 years in the gym and personal fitness space, building his gyms and a successful exit to bankruptcy. Ryan interviews Scott, who has faced incredible adversity but keeps pushing through. He took over his father’s gym while his father was in prison. Grew it 4x and sold it! From selling for $1M to down $2.5M negative $1.5M. Scott is an awesome LinkedIn influencer and built some great side businesses that eventually led to a full-time income. Episode Resources Connect with Ryan Condie http://linkedin.com/in/ryancondie http://letsbuyabusiness.com/ Connect with S...
2020-06-23
28 min
Let’s Buy a Business
Buy vs. Build
Ryan had a great conversation with Scott Sorensen who is also looking for a business to buy as they discussed buying vs building. If you find a business that you can start with less money and get to that same spot in less time, that business probably doesn't have the best defensible moat. There are other benefits... Episode Resources Connect with Ryan Condie http://linkedin.com/in/ryancondie http://letsbuyabusiness.com/
2020-06-12
04 min
Let’s Buy a Business
Jared Zemp Interview - Buying 18 Businesses in 18 Months (part 2)
This is the second part of the interview that Ryan had with Jared Zemp. Jared bought 18 businesses in a very short time period. He talks about his highs and lows while creating a fund to buy and operate small businesses. Jared has some crazy acquisition stories: such as 30% of his revenue from a furniture store he bought was actually a prostitution ring. He drops some tips here if you want to buy businesses. Episode Resources Connect with Ryan Condie http://linkedin.com/in/ryancondie http://letsbuyabusiness.com/ Connect with Jared Zemp jzemp@crowchild.com http...
2020-06-04
21 min
Let’s Buy a Business
What My Day-to-Day Looks Like During My Search
Ryan dives into what he does daily, and the biggest time-wasting traps that searchers fall into. Avoid these like the plague so you don't fall into the 90% failure rate of most searchers. Episode Resources Connect with Ryan Condie http://linkedin.com/in/ryancondie http://letsbuyabusiness.com/ How to Read a Financial Report: Wringing Vital Signs Out of the Numbers - https://amzn.to/3fIih0P
2020-05-28
05 min
Let’s Buy a Business
What Type of Business is Right For You?
The most constant question Ryan is getting right now is “What type of business should I buy?” Most people never buy a business because they're looking at the wrong business for them. You need to figure out what your skill sets and experience are matched with your desired lifestyle combined with what problems you want to solve. Episode Resources Connect with Ryan Condie http://linkedin.com/in/ryancondie http://letsbuyabusiness.com/
2020-05-25
05 min
Let’s Buy a Business
Interview with Garry McIntosh
Ryan interviews Garry McIntosh from Operation Underground Railroad who is the Director of Donations. Operation Underground Railroad's mission is to rescue children and women from human trafficking. They dive into how raising money for a nonprofit is similar to raising money in the markets and how you can have a bigger world mission with the company you actually purchase. Episode Resources Connect with Ryan Condie http://linkedin.com/in/ryancondie http://letsbuyabusiness.com/ Connect with Garry McIntosh https://ourrescue.org/ https://www.amazon.com/Operation-Toussaint-Tim-Ballard/dp/B07M62QTS3
2020-05-21
20 min
Let’s Buy a Business
You Make Money Selling Businesses, Not Running Them
Everyone Ryan knows personally who is wealthy, has sold their business to get there. They built a cool business but 50-99% of the total value they got out of their business, was when they sold. There are other really great businesses that make money while running them, but you've probably never heard of them....and you never will. Episode Resources Connect with Ryan Condie http://linkedin.com/in/ryancondie http://letsbuyabusiness.com/
2020-05-13
09 min
Let’s Buy a Business
Boom - I Got a 3-Star Review!
Thanks for the 3-star review! Someone cared enough to tell Ryan how to improve on his mediocre podcast skills. Let him know how he can improve to get to 5 stars 89% of the time, 100% every time. Episode Resources Connect with Ryan Condie http://linkedin.com/in/ryancondie http://letsbuyabusiness.com/
2020-05-11
01 min
Let’s Buy a Business
Deals I've Seen #4
Here are 3 deals Ryan has looked at: an interesting retirement home, a sweet executed deal in the real estate services space, and a cool e-commerce brand with horrible financials. Episode Resources Connect with Ryan Condie http://linkedin.com/in/ryancondie http://letsbuyabusiness.com/
2020-05-08
09 min
Let’s Buy a Business
Should I Buy this Small Business and Cancelling Out Advice
Ryan looked at a small business to fund his search forever. Cool business but he got conflicting advice based on the advice giver's own financial situation. This business did not fit into his target of companies and he talks about how he can make it fit his target. Episode Resources Connect with Ryan Condie http://linkedin.com/in/ryancondie http://letsbuyabusiness.com/
2020-05-04
08 min
Let’s Buy a Business
Current Market Thoughts During COVID_19
COVID_19 is destroying health and economies across the globe. The shutdown has been devastating to small businesses. Ryan goes through a few predictions and how to take advantage of a buyers market. Episode Resources Connect with Ryan Condie http://linkedin.com/in/ryancondie http://letsbuyabusiness.com/
2020-05-04
06 min
Let’s Buy a Business
Deals I've Looked At So Far #3
Ryan jumped into 3 businesses: B2B SaaS, a National Lead Gen Company, and a subscription eCommerce company. Episode Resources Connect with Ryan Condie http://linkedin.com/in/ryancondie http://letsbuyabusiness.com/
2020-05-01
12 min
Let’s Buy a Business
Hitting a Brick Wall
Today is the first day in a month that has been really frustrating. Ryan does not feel like he is making progress. When you search for a company, you don't create anything, sell anything or feel like you did anything productive. Episode Resources Connect with Ryan Condie http://linkedin.com/in/ryancondie http://letsbuyabusiness.com/
2020-05-01
02 min
Let’s Buy a Business
Lessons on Selling a Company for Business Buyers
Ryan sold a business 2 months ago and shares a few tips for buyers on what they should look for when buying a business. Episode Resources Connect with Ryan Condie http://linkedin.com/in/ryancondie http://letsbuyabusiness.com/
2020-04-29
09 min
Let’s Buy a Business
I Made 2 Offers on Businesses Yesterday
Buying and selling businesses is an emotional dance. Logic does not prevail most times. Ryan made 2 offers on 2 different businesses yesterday. Both could be awesome and are vastly different. Episode Resources Connect with Ryan Condie http://linkedin.com/in/ryancondie http://letsbuyabusiness.com/
2020-04-29
07 min
Let’s Buy a Business
Month 1 Review - What I’ve Learned So Far
What Ryan is learning and lacking so far: his financial statement literacy and maybe contacting more investors. Is this company worth buying or can he start a similar business and get to the same place with a fraction of the costs? Episode Resources Connect with Ryan Condie http://linkedin.com/in/ryancondie http://letsbuyabusiness.com/
2020-04-27
04 min
Let’s Buy a Business
Deals I’ve looked At So Far
Ryan dives into 3 more deals that he has looked into. These 3 deals are pretty awesome and ones that fit his wheelhouse for skill sets. Episode Resources Connect with Ryan Condie http://linkedin.com/in/ryancondie http://letsbuyabusiness.com/
2020-04-24
08 min
Let’s Buy a Business
How to Fund Your Search
There are 2 ways to fund your search, as in pay your mortgage and Costco runs. Ryan dives into what a search fund is and how to self fund your search so you have a huge upside. Episode Resources Connect with Ryan Condie http://linkedin.com/in/ryancondie http://letsbuyabusiness.com/
2020-04-22
07 min
Let’s Buy a Business
Direct Deal Flow vs Broker Deal Flow
Ryan covers the differences in building your own deal flow vs working through broker deal flow. Both ways are super valuable and you need to approach the business buying from both avenues. Episode Resources Connect with Ryan Condie http://linkedin.com/in/ryancondie http://letsbuyabusiness.com/
2020-04-22
09 min
Let’s Buy a Business
Local Business Broker Interview - Jeremy Neven - How to Network and Use Local Brokers
Ryan brings Jeremy Neven on how best to network and use local brokers. Jeremy is a mountain of information on how to work with brokers, how first time buyers can build their network, and how to approach a deal. Episode Resources Connect with Ryan Condie http://linkedin.com/in/ryancondie http://letsbuyabusiness.com/ Connect with Jeremy Neven: https://www.linkedin.com/in/jeremynevens/ https://www.alpinebusinessbrokers.com/ jnevens@abbutah.com
2020-04-20
12 min
Let’s Buy a Business
3 Stories of Executed Deals
Ryan talks with 3 owners who bought a business, and wish to remain anonymous. He discusses the businesses that were acquired, how they structured the deals, and how much they put down to acquire them. Episode Resources Connect with Ryan Condie http://linkedin.com/in/ryancondie http://letsbuyabusiness.com/
2020-04-20
08 min
Let’s Buy a Business
Where to Find Businesses for Sale
Ryan Condie breaks down the area to find the right marketplace and broker to find businesses for sale. He also provides a few ideas on how to create your own deal flow outside of brokers. Episode Resources Connect with Ryan Condie http://linkedin.com/in/ryancondie http://letsbuyabusiness.com/
2020-04-16
10 min
Let’s Buy a Business
Narrowing Down My Criteria for My Business Acquisition Search
Ryan goes deeper into the criteria he picks for finding a business. He goes through a series of questions, his background and strengths and his ideal lifestyle for his criteria. Internet-based company with 2+ years (ideally 5 years) of history from a US citizen that makes $250k+ in EBITDA. Episode Resources Connect with Ryan Condie http://linkedin.com/in/ryancondie http://letsbuyabusiness.com/
2020-04-14
09 min
Let’s Buy a Business
Why I'm Buying a Business
Ryan Condie walks through his mindset on why buying is better than starting. We all know 96% of new businesses fail within 5 years so how do we own equity, bet on ourselves and call the shots? Entrepreneurship through Acquisition. Episode Resources Connect with Ryan Condie http://linkedin.com/in/ryancondie http://letsbuyabusiness.com/
2020-04-14
09 min