Let’s Buy a Business – Details, episodes & analysis

Patrick McMillan from Amplēo does a deep dive into financial due diligence, cash flow, and business operations!

This guy knows his stuff and seen firsthand how bad things can get without proper due diligence and financial understanding.

Podcast Nuggies:

• Cash flow fundamentals
• Founder Fraud! What $1M disappearing does...
• M&A activity in early 2025—lots of quality of earnings reports happening, a balanced buyer-seller market.
• Take Action. You know what that means.

SMBs are the biggest target for cyberattacks. Protect your business with Inzo Technologies.

Check out....www.inzotechnologies.com, I-N-Z-O, or email Nick directly at [email protected].

Get expert M&A guidance, valuations, and fractional executive support from Amplēo.Learn more at www.ampleo.com/lets-buy-a-business-podcast/.

YouTube - Need more hands-on videos? -
https://www.youtube.com/@letsbuyabusiness

Over the last seven years, Jodie has lived in different countries while managing her business, exiting, writing books, and training/competing as a powerlifter. She's just 32 years old (ish) and has put herself in a position to never work again—just for money.

She wrote Ten Year Career: Reimagine Business, Design Your Life, Fast Track Your Freedom. 

We dive into…
— Designing your life consciously
— Businesses that are fun to run are more fun to sell
— Systemizing your business
— Stop acting like you’re going to live forever
— How to raise entrepreneurial kids

SMBs are the biggest target for cyber attacks.

Protect your business with Inzo Technologies.

Check out....www.inzotechnologies.com, I-N-Z-O, or email Nick directly at [email protected].

Get expert M&A guidance, valuations, and fractional executive support from Amplēo.

Learn more at www.ampleo.com/lets-buy-a-business-podcast/.

YouTube - Need more hands-on videos? -
https://www.youtube.com/@letsbuyabusiness

Raleigh Williams is one of my favorite people. Not a stranger to the show, 2nd time at least but he always packed in so much value. He’s bought, scaled, sold so many businesses. AND my favorite part of Raleigh is him betting on himself years ago after dropping down a pretty penny on a law degree. Raleigh walked away from a huge attorney career and salary to live life on his own terms.

We dive into Phantom Equity though.

Podcast Nuggies

Phantom Equity!

That’s it. Could be a game changer for many. Consult your attorney.

Free SBM Financial Courses

https://letsbuyabusiness.com/courses/

Ready to level up but not 1 on 1 consulting?

How to Buy Your First Small Business through Acquisition Entrepreneurship

https://letsbuyabusiness.com/courses/

Need Bookkeeping or Tax Help?

Contact Darin at https://ashfordsky.com/. He's awesome.

Jason Ferguson is an incredible health insurance broker and has spent 20+ years working with entrepreneurs.

This episode is for:
Mainly for US listeners.

He is free to use for Utah, Missouri, Texas, and Arizona.

Episode Sponsored By

• Let’s Buy a Business: Narrowing Down My Criteria for My Business Acquisition Search
• Exclusive to Let’s Buy a Business podcast, get $25 just by taking a demo to learn more about Divvy, sign up here: Divvy | Start or letsbuyabusiness.com/divvy
• Free Book - The EXITpreneur Playbook

Call to Action
Book a Call with Me
10 Step Video series to Finding a Company to Buy

Episode Resources

• http://letsbuyabusiness.com/
• https://forms.gle/RRcXpe3dK7pNGqv16
• Connect with Jason Ferguson
• http://www.healthcare.gov/
• http://www.fergusoninsurance.com/ 

This is one of my own listings. I usually separate the podcast from brokers, but I think this business could be interesting for many listeners.

REVENUE
$4,741,323

INCOME
$578,386

MULTIPLE
3.49x

Asking Price: $2,020,000 + Inventory

Starting in 2004, this e-commerce business has long been the go-to source for day traders, stock traders, and financial markets buying their multi-monitor computer systems.

This business is loved in the industry because of its nearly two decades of exceptional customer service and high-quality computer systems. The trailing 12 months of revenue is $4.7M and SDE is $578K.

Episode Resources

• Connect with Ryan Condie
• http://linkedin.com/in/ryancondie
• http://letsbuyabusiness.com/
• https://forms.gle/RRcXpe3dK7pNGqv16 
  
  
  Call to Action
• SBA Pre-Qual, 19-Year-Old eCom Computer Business | 1.5% Paid Advertising on $4.7M Rev + $578K SDE | Quiet Light
• Book a Call with Me

Lexi Grant is a builder of companies, people, content, and of profit. Her sweet spot is the intersection of content and business.

In early 2021, Lexi sold The Write Life, a brand for writers she’d grown as a side business for eight years. Previously, from 2015-2019, she served as EVP of Content at The Penny Hoarder, a personal finance media company. She joined as the third employee after my content agency was acquired.

Her latest project is They Got Acquired, a content company. Their mission is to redefine startup success by sharing stories of acquisitions between $100k-$50M.

It’s an amazing site, podcast, and newsletter. Highly recommend signing up now.

We dive into…

- Her 2 Exits
- Why She was Acquired and What Does That Mean?
- They Got Acquired Newsletter and Podcast

Episode Sponsored By

• Let’s Buy a Business: Narrowing Down My Criteria for My Business Acquisition Search
• Exclusive to Let’s Buy a Business podcast, get $25 just by taking a demo to learn more about Divvy, sign up here: Divvy | Start or letsbuyabusiness.com/divvy
• Free Book - The EXITpreneur Playbook
  
  
  Call to Action
• Book a Call with Me
• 10 Step Video series to Finding a Company to Buy
  
  
  Episode Resources

Connect with Lexi Grant

• https://theygotacquired.com/
• https://www.linkedin.com/company/they-got-acquired/
• https://twitter.com/TheyGotAcquired
• https://podcasts.apple.com/us/podcast/they-got-acquired/id1612989232
• https://alexisgrant.com/
• https://www.linkedin.com/in/alexisgrant
• https://twitter.com/alexisgrant 

Jodie has been living in different countries over the last six years while managing her business, exiting, writing books, and training/competing as a powerlifter. She's just 32 years old (ish) and has put herself in a position to never work again...just for money.

She wrote Ten Year Career: reimagine business, design your life, fast track your freedom WHICH COMES OUT NEXT MONTH.

We dive into…
— Designing your life consciously
— Businesses that are fun to run are more fun to sell
— Systemizing your business
— Stop acting like you’re going to live forever
— How to raise entrepreneurial kids

Episode Sponsored By

• Let’s Buy a Business: Narrowing Down My Criteria for My Business Acquisition Search
• Exclusive to Let’s Buy a Business podcast, get $25 just by taking a demo to learn more about Divvy, sign up here: Divvy | Start or letsbuyabusiness.com/divvy
• Free Book - The EXITpreneur Playbook
  
  
  Call to Action
• Book a Call with Me
• 10 Step Video series to Finding a Company to Buy
  
  
  Episode Resources
• Connect with Ryan Condie
• http://linkedin.com/in/ryancondie
• http://letsbuyabusiness.com/
• https://forms.gle/RRcXpe3dK7pNGqv16
• Connect with Jodie Cook
• https://world.hey.com/jodie
• https://www.heyauthors.com/authors/Jodie-Cook-f0qjr
• https://uk.linkedin.com/in/cookjodie
• https://www.jodiecook.com/
• https://twitter.com/cookiewhirls
• https://www.instagram.com/jodie.cook_/ 

I went to breakfast and lunch the same day with 4 entrepreneurs. 2 for breakfast. 2 for lunch. Success was different for each one but I deem them all successful in the home, with their families, and of course with their businesses.

Episode Resources

• 10-Step Video series to Finding a Company to Buy
• http://letsbuyabusiness.com/
• Free Book - The EXITpreneur Playbook
• https://drive.google.com/file/d/1oLwMMM6qgzMVTE2uYAoquZxge_lTx4X3/view
  
  
  Episode Sponsored By
• Let’s Buy a Business: Narrowing Down My Criteria for My Business Acquisition Search
• Exclusive to Let’s Buy a Business podcast, get $25 just by taking a demo to learn more about Divvy, sign up here: Divvy | Start or letsbuyabusiness.com/divvy

Call to Action

• Book a Call with Me

Dave Lowell is fantastic. He’s not your parents’ financial planner where there is no fun till you hit 65. Dave is a financial planner that wants you to have fun too.

We dive into...

• W2 to Business Owners' Success
• What HNW earners do
• Building your Financial Foundation
• Conversations with your Spouse
• Capital position - a new term for me but this is awesome
  
  
  Episode Resources
• Let’s Buy a Business: Narrowing Down My Criteria for My Business Acquisition Search

Connect with Dave Lowell

• https://www.upyourmoneygame.net/lets-buy-a-biz-special-offer

After speaking with 12 listeners last week, the most common problem I'm seeing is a lack of focus and no specific criteria.

This is a rerun with some updates from my #2 episode. Most of my criteria are the same except for size and business history.

Episode Resources

• Buy Then Build
• Let’s Buy a Business: Narrowing Down My Criteria for My Business Acquisition Search
• Exclusive to Let’s Buy a Business podcast, get $25 just by taking a demo to learn more about Divvy, sign up here: Divvy | Start or letsbuyabusiness.com/divvy
• Free Book - The EXITpreneur Playbook
• 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
• Book a Call with Me