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    Business

    Acquisitions Anonymous – #1 for business buying, selling and operating

    Jump into the world of business acquisitions with hosts Bill D’Alessandro, Mills Snell, Heather Endresen, and Michael Girdley. 

    We review real businesses for sale in each episode, providing expert insights, strategies, and tips to make savvy business moves like the pros. Perfect for entrepreneurs, investors, and anyone interested in buying and selling businesses.

    Advertise

    Copyright: © 2024 Acquisitions Anonymous - #1 for business buying, selling and operating

    • Apple Podcasts
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    Latest Episodes:
    What do Investors want? - Acquisitions Anonymous Episode 79 Mar 22, 2022
    Show notes

    Michael Girdley (@Girdley) and Bill D’Alessandro (@BillDA) are joined by Bradford Hardin(@bradford_hardin), Banking & FinTech Partner at @DWTlaw.

    In this episode we dive into an investor's mind: What do they look for in a company? And in an deal sponsor/syndicator?
    We talk about investing, investor needs, networking, content marketing, life cycle + evaluation of deals, and much more.

    Like our content? Rate our show!

    -----

    Show Notes:

    (0:00) Intro
    (1:01) Investing in private markets as a hobby
    (2:59) How do you find deals?
    (4:45) How would you proceed to raise capital as a CEO?
    (7:39) Life cycle, evaluation & decision-making process of a deal.
    (12:26) No-Gos on a deal:
    (14:32) Why invest in private markets? Understanding diversification, risk & compensation
    (18:08) How do you look at quantifying an investment?
    (19:57) What makes a deal stand out?
    (22:06) A key skill for an entrepreneur?
    (22:49) How to diversify investment risk?
    (26:11) Why are monthly updates so critically important?
    (29:05) What are you looking for when looking at investments & entrepreneurs?
    (32:10) What is your investing edge? What kind of processes do you run?
    (36:12) What advice would you give to your younger self?
    (38:36) Flipping the script! We get interviewed by Bradford
    (38:59) If an investor passes on your deal, would you like to hear feedback on their decision?
    (41:08) What are things that you see LPs focusing on that are the wrong things?
    (43:50) What makes a good investor stand out?

    -----

    Links:

    * Subscribe to the podcast:

    • https://podcasts.apple.com/us/podcast/acquisitions-anonymous/id1533153678
    • https://open.spotify.com/show/4rbeAODKXwwEOxf905He22

    * Looking to become a sponsor? Write us an email at mirko@girdley.com
    * Follow us on Twitter @acquanon Learnings about small business acquisitions and operations.
    * https://www.dwt.com/

    -----

    Past guests on Acquanon include Nick Huber, Brent Beshore, Aaron Rubin, Mike Botkin, Ari Ozick, Mitchell Baldridge, Xavier Helgelsen, Mike Loftus, Steve Divitkos, Dzmitry Miranovich, Morgan Tate and more.

    -----

    Additional episodes you might enjoy:

    #62 Two Landscaping Businesses for Sale - Mike Loftus CEO of Connor's Landscaping
    #66 Analyzing Software Businesses for Sale with Steve Divitkos, experienced industry CEO
    #42 $900k Moving and Storage Company / $500k Rural Mini-Storage
    #61 Two Manufacturing Businesses for Sale - Brent Beshore - Founder and CEO at Permanent Equity

    --- Support this podcast: https://anchor.fm/dealtalk/support

    Subscribe to weekly our Newsletter and get curated deals in your inbox
    Advertise with us by clicking here

    • Do you love Acquanon and want to see our smiling faces? Subscribe to our Youtube channel.
    • Do you enjoy our content? Rate our show!
    • Follow us on Twitter @acquanon Learnings about small business acquisitions and operations.

    For inquiries or suggestions, email us at contact@acquanon.com


    Do you want to own a union-based business?? | A Commercial Roofing Company and an eCommerce Retail Brand - Acquisitions Anonymous Episode 78 Mar 18, 2022
    Show notes

    Deals Episode!
    Bill D’Alessandro (@BillDA) and Mills Snell (@thegeneralmills) talk union labor in commercial roofing businesses, finance, wages, seller training periods and more in our first deal. The second one is a small business straight from our German audience, we skip the Anonymous part and dig into manufacturing, logistics, target audience and more.

    -----

    * Do you love Acquanon and want to see our smiling faces? Subscribe to our Youtube channel.

    * Do you enjoy our content? Rate our show!

    * Follow us on twitter @acquanon Learnings about small business acquisitions and operations.

    -----

    Show Notes:

    (0:00) Intro
    (0:33) Beyond8FiguresPodcast
    (1:38) A commercial roofing Company w/ 90 employees
    (4:10) Mix Union vs non-Union employees
    (5:17) What is typical % for Union labor? When do you require Union labor?
    (6:19) Value & risk of captive labor
    (7:59) What does the average job size tell us?
    (9:44) Close look at financials, wages & seller training period, lots to unpack
    (14:57) What should you think twice about if you also liked this business?
    (16:09) Specifics on Due Dilligence in working with a Union
    (18:18) Supply Chain status in the commercial roofing business
    (20:05) Retail eCommerce Business: AER Video, cheap alternative of a camera drone
    (22:51) First thoughts, sourcing & logistics questions
    (25:36) How do we think about sizing and third party logistics (3PL)?
    (27:55) Is there an opportunity to place the product in front of a target customer?
    (29:45) What about changing the target audience with a price adjustment?
    (31:47) Lifetime customer value, Total Adressable Market and balance
    (36:01) Where is the traffic coming from? How do people hear about my product?

    -----

    Links:

    * https://flippa.com/11097828-5-year-old-established-e-commerce-business-selling-camera-accessories-in-the-action-sports-niche

    * pablo@aervideo.com

    -----

    Thanks to our sponsor!

    The BEYOND8figures podcast (Beyond8Figures.com) - is a podcast where entrepreneurs and experts speak up on topics related to business and life in general. Each week our guest will have interviewees from different backgrounds to discuss what helped them get ahead while succeeding at entrepreneurship; we'll learn how these people achieved success by exploring personal journeys along the way (both professionally AND emotionally). So if that's interesting to you, make sure you check us out ;).

    -----

    Additional episodes you might enjoy:

    #62 Two Landscaping Businesses for Sale - Mike Loftus CEO of Connor's Landscaping
    #66 Analyzing Software Businesses for Sale with Steve Divitkos, experienced industry CEO
    #42 $900k Moving and Storage Company / $500k Rural Mini-Storage
    #61 Two Manufacturing Businesses for Sale - Brent Beshore - Founder and CEO at Permanent Equity
    #24 $5mm pool services and lifeguard staffing co / $2mm septic services business - featuring baller @WilsonCompanies as a special guest!
    #45 $800k/yr cleaning business in Midland, TX / a $565k/yr window cleaning business in San Antonio, TX
    #48 Two Landscaping Businesses for Sale - Mike Botkin of Benchmark Group

    --- Support this podcast: https://anchor.fm/dealtalk/support

    Subscribe to weekly our Newsletter and get curated deals in your inbox
    Advertise with us by clicking here

    • Do you love Acquanon and want to see our smiling faces? Subscribe to our Youtube channel.
    • Do you enjoy our content? Rate our show!
    • Follow us on Twitter @acquanon Learnings about small business acquisitions and operations.

    For inquiries or suggestions, email us at contact@acquanon.com


    Pool Construction Companies Are Hot. Are They a Good Investment? - Acquisitions Anonymous e77 Mar 15, 2022
    Show notes

    Michael Girdley (@Girdley), Bill D’Alessandro (@BillDA) and Mills Snell (@thegeneralmills) are joined by Jake Greer (LinkedIn) to discuss 2 Pool construction businesses for sale. We evaluate assets & the clues that provides on the functioning of the business, different markets, seasonality, how to evaluate potential, COVID & demand shifts and much more.

    -----

    * Do you love Acquanon and want to see our smiling faces? Subscribe to our Youtube channel
    * Do you enjoy our content? Rate our show!
    * Follow us on twitter @acquanon Learnings about small business acquisitions and operations.

    -----

    Show Notes:

    (0:00) Intro
    (0:53) Deal 1: Custom Pool Builder
    (4:22) First thoughts
    (5:00) Post mortem situation: How could it fail?
    (6:34) Risk: No mentioning of customer concentration
    (8:21) Why are they selling?
    (9:31) What do their assets tell us? Are they self performing?
    (10:58) The market matters a ton: understanding today's situation
    (14:02) What do we like about it?
    (16:30) Is it overvalued?
    (18:26) Risk hedging alternatives
    (20:10) Growth strategy & opportunities
    (23:18) What kind of Partner & capital are they looking for?
    (25:25) Deal 2: Pool Construction Business
    (26:49) Location importance & seasonality
    (29:21) "Normalized" vs "adjusted" EBITDA
    (31:10) How does the COVID boom affect this business?
    (33:58) Retail Store: You need an outlet to sell consumable pool products
    (35:40) It's always worth asking the seller why he has a retail store

    -----

    Past guests on Acquanon include Nick Huber, Brent Beshore, Aaron Rubin, Mike Botkin, Ari Ozick, Mitchell Baldridge, Xavier Helgelsen, Mike Loftus, Steve Divitkos, Dzmitry Miranovich, Morgan Tate and more.

    -----

    Additional episodes you might enjoy:

    #62 Two Landscaping Businesses for Sale - Mike Loftus CEO of Connor's Landscaping
    #66 Analyzing Software Businesses for Sale with Steve Divitkos, experienced industry CEO
    #42 $900k Moving and Storage Company / $500k Rural Mini-Storage
    #61 Two Manufacturing Businesses for Sale - Brent Beshore - Founder and CEO at Permanent Equity
    #24 $5mm pool services and lifeguard staffing co / $2mm septic services business - featuring baller @WilsonCompanies as a special guest!
    #64 How to find the expected benchmarks and KPIs for your industry?
    #67 I bought a business. Now what? Learn with us from an expert - Dzmitry Miranovich joins us once more

    --- Support this podcast:

    Subscribe to weekly our Newsletter and get curated deals in your inbox
    Advertise with us by clicking here

    • Do you love Acquanon and want to see our smiling faces? Subscribe to our Youtube channel.
    • Do you enjoy our content? Rate our show!
    • Follow us on Twitter @acquanon Learnings about small business acquisitions and operations.

    For inquiries or suggestions, email us at contact@acquanon.com


    Business Broker Secrets with Clint Fiore - Acquisitions Anonymous e76 Mar 11, 2022
    Show notes

    If you liked this episode, subscribe to our weekly newsletter and receive new episodes, offers and learnings directly to your inbox every week:
    https://landing-newsletter.acquanon.com/
    ----
    Michael Girdley (@Girdley) is joined by Clint Fiore (@ClintFiore) to talk about Business Brokers. We discuss: What they do on a day-to-day basis, their value-add, why they're (Sometimes) unpopular, trends he sees in the market and more.

    -----

    * Do you love Acquanon and want to see our smiling faces? Subscribe to our Youtube channel.
    * Do you enjoy our content? Rate our show!
    * Follow us on twitter @acquanon Learnings about small business acquisitions and operations.

    -----

    Show Notes:

    (0:00) Cloudbookkeeping.com
    (1:08) Intro + Clint background
    (2:51) What does a Business Broker do?
    (4:17) Does hiring a Broker produce an economic benefit?
    (5:17) How do Business Brokers tend to be segmented in the market of Business providers?
    (7:04) How do Business Brokers usually get paid?
    (8:04) How do you choose a niche? By industry, geographically?
    (10:44) What is the effect on the buyer when a non-Broker runs your process?
    (12:35) What are Business Brokers doing wrong to be disliked by the SMB community?
    (14:51) Businesses don’t sell like Houses, they are alive, dynamic. [Clip]
    (16:20) What should you do to be more successful when trying to buy a Business? [Clip: This is a relationship game]
    (20:00) What are indicators of a good buyer when the buyer has no track record?
    (23:37) What are the reasons that would make you turn down a listing?
    (28:59) Is it ever the case that you get brought in mid-process?
    (31:56) What % of the deals that you work on end up being SBA Loans?
    (32:27) What trends are you seeing in the market?
    (35:22) How often are you seeing your buyers buying themselves a job?
    (38:01) Do you agree on avoiding deals in industries where institutional capital is coming in?
    (40:01) Do you see unprofitable Businesses only subsisting because they pay low rent from old contracts?
    (44:18) How do I develop a relationship with a Business Broker as a buyer?

    -----

    Thanks to our sponsors!

    CloudBookkeeping offers adaptable solutions to businesses that want to focus on growth, with a “client service first” approach. They offer a full suite of accounting services that include sophisticated reporting, QuickBooks software solutions, and full-service payroll options.

    -----

    Additional episodes you might enjoy:

    #62 Two Landscaping Businesses for Sale - Mike Loftus CEO of Connor's Landscaping

    #66 Analyzing Software Businesses for Sale with Steve Divitkos, experienced industry CEO

    Subscribe to weekly our Newsletter and get curated deals in your inbox
    Advertise with us by clicking here

    • Do you love Acquanon and want to see our smiling faces? Subscribe to our Youtube channel.
    • Do you enjoy our content? Rate our show!
    • Follow us on Twitter @acquanon Learnings about small business acquisitions and operations.

    For inquiries or suggestions, email us at contact@acquanon.com


    SBA Loan Secrets with Heather Endresen - Acquisitions Anonymous e75 Mar 08, 2022
    Show notes

    If you liked this episode, subscribe to our weekly newsletter and receive new episodes, offers and learnings directly to your inbox every week:
    https://landing-newsletter.acquanon.com/
    ----
    Michael Girdley (@Girdley), Bill D’Alessandro (@BillDA) and Mills Snell (@thegeneralmills) are joined once again by Heather Endresen (@EndresenHeather) for a special episode on SBA lending and borrowing. We talk about SBA generals, lending, borrowing, best practices, advantages, minimum requirements, and much more.
    -----
    Show Notes:

    (0:00) Morenow.co - Hire Competent Professionals at a Discount
    (1:47) Intro
    (2:25) Heather's background & her work at Live Oak Bank
    (3:53) Who is the SBA and what is SBA borrowing? Advantages of SBA Loans
    (5:41) SBA Lenders fall into 2 categories: Cash flow lender or collateral lender
    (6:46) When do I need an SBA Loan?
    (7:34) How to differentiate a cashflow vs a collateral lender?
    (9:57) What is going to happen to your personal collateral when taking an SBA Loan as a borrower?
    (10:31) SBA has black and white rules around collateral
    (11:32) Refinancing your mortgage while having an SBA loan.
    (14:10) Advice for borrowers that look for loan exploits
    (16:20) Is it possible to be disqualified due to the personal wealth level?
    (17:58) Anyone who is going to be a personal guaranteur needs to fit the qualifications
    (21:22) Removing the personal guarantee in the SBA: Shorter amortizations, flexibility & covenants.
    (22:57) Minimum requirements and borrowing limits
    (25:36) What is the typical order of the process and what are the best practices?
    (28:36) Are there businesses that are SBA no go's?
    (32:02) Which businesses are people running towards? Which ones should they be running towards?
    (33:43) How has COVID affected your ability to underwrite deals?
    (36:20) What does it mean to do a QAV?
    (38:42) How to check your Bank for SBA Lending?
    (40:06) Bank service importance
    (44:07) Growing by acquisition: If you pursue a second loan in the same industry there is a 100% leverage opportunity
    (48:00) Further recommendations for borrowers
    (51:04) Common traits in successful and unsuccessful deals?
    (52:47) Things that third party investors need to be mindful of if the entrepreneur is using an SBA
    (54:46) What are the considerations for the seller in a seller financing situation?
    (57:15) Fixed vs floating interest rates
    (58:24) Enterprise value minimum
    -----
    Thanks to our sponsors!

    MoreNow.co: We help owners build a high functioning, experienced team by leveraging the top manager/director talent in the Phillippines. Go to morenow.co and fill out the form. Or email hire@morenow.co. Mention this pod for 20% of your first hire.
    -----
    Additional episodes you might enjoy:

    #62 Two Landscaping Businesses for Sale - Mike Loftus CEO of Connor's Landscaping
    #66 Analyzing Software Businesses for Sale with Steve Divitkos, experienced industry CEO
    #64 How to find the expected benchmarks and KPIs for your industry?
    #48 Two Landscaping Businesses for Sale - Mike Botkin of Benchmark Group

    Subscribe to weekly our Newsletter and get curated deals in your inbox
    Advertise with us by clicking here

    • Do you love Acquanon and want to see our smiling faces? Subscribe to our Youtube channel.
    • Do you enjoy our content? Rate our show!
    • Follow us on Twitter @acquanon Learnings about small business acquisitions and operations.

    For inquiries or suggestions, email us at contact@acquanon.com


    The Seller Bolted After a Week! War Stories with guest Reg Zeller - Acquisitions Anonymous e74 Mar 04, 2022
    Show notes

    Bill D’Alessandro (@BillDA) is joined by Reg Zeller (@RegZeller) to discuss his journey from the corporate world into entrepreneurship, where he shares early experiences as a SMB owner, how a seller bailed out on him after a week on the job for the Bahamas, early wins & losses, his take on SMB ownership, and more.

    -----

    * Do you love Acquanon and want to see our smiling faces? Subscribe to our Youtube channel.

    * Do you enjoy our content? Rate our show!

    * Follow us on twitter @acquanon Learnings about small business acquisitions and operations.

    -----
    Show Notes:

    (0:49) Intro
    (2:58) Previous deals
    (3:18) What kind of funding do you used?
    (5:04) Story nr. 1: Second generation SMB Foundry
    (7:27) Seller wanted to close early, cash wasn't there yet
    (9:45) Seller bailed out to the Bahamas, 1 week into the job
    (10:44) Communicating to the customers the ownership change
    (13:07) No experience, 4 days of training... Early wins & losses?
    (14:37) How to freak your customers out
    (15:10) 38,000 reasons to do proper maintenance
    (16:39) King of the hill CEO status requires hard work
    (19:55) Cloudbookkeeping.com
    (21:03) Due diligence has to be done on assets as well
    (22:18) Story nr. 2: Getting burned by a deshonest deal
    (24:55) Pre LOI trust everything, Post LOI and due dilligence trust nothing
    (26:01) Don't buy against your gut!
    (28:10) Learn from screw ups
    (30:48) Handling customer concentration
    (33:28) The importance of customer relationship management
    (34:46) 10xing the profits takes an obscene amount of work and industry know-how
    (39:09) HR side stories
    (45:28) Reg's credentials, check the description to find him on Twitter!
    -----

    Links:

    * Twitter @regzeller / canekast.com

    -----

    Thanks to our sponsors!

    CloudBookkeeping offers adaptable solutions to businesses that want to focus on growth, with a “client service first” approach. They offer a full suite of accounting services that include sophisticated reporting, QuickBooks software solutions, and full-service payroll options.

    -----

    Additional episodes you might enjoy:
    #64 How to find the expected benchmarks and KPIs for your industry?
    #67 I bought a business. Now what? Learn with us from an expert - Dzmitry Miranovich joins us once more
    #62 Two Landscaping Businesses for Sale - Mike Loftus CEO of Connor's Landscaping
    #66 Analyzing Software Businesses for Sale with Steve Divitkos, experienced industry CEO
    #42 $900k Moving and Storage Company / $500k Rural Mini-Storage
    #61 Two Manufacturing Businesses for Sale - Brent Beshore - Founder and CEO at Permanent Equity

    --- Support this podc

    Subscribe to weekly our Newsletter and get curated deals in your inbox
    Advertise with us by clicking here

    • Do you love Acquanon and want to see our smiling faces? Subscribe to our Youtube channel.
    • Do you enjoy our content? Rate our show!
    • Follow us on Twitter @acquanon Learnings about small business acquisitions and operations.

    For inquiries or suggestions, email us at contact@acquanon.com


    Skincare co's are hot. Do you want to own one?? | 2 Skin Care eCommerce Businesses for sale | Acquisitions Anonymous Episode 73 Mar 02, 2022
    Show notes

    Michael Girdley (@Girdley), Bill D’Alessandro (@BillDA) and Mills Snell (@thegeneralmills) discuss 2 eCommerce deals in today's episode. An eCommerce skincare product seller & an Amazon FBA eCommerce Brand in the Anti-aging, beauty and skin care segments

    -----

    * Do you love Acquanon and want to see our smiling faces? Subscribe to our Youtube channel. * Do you enjoy our content? Rate our show! * Follow us on twitter @acquanon Learnings about small business acquisitions and operations.

    -----

    Show Notes:

    (0:00) Intro
    (1:10) Cloudbookkeeping.com
    (2:16) Health & Wellness brand: eCommerce skincare product seller
    (6:23) The fools Gold of FBA Businesses
    (7:20) Understanding the value through market knowlegde
    (8:30) No brand loyalty.
    (11:15) Amazon FBA as a source of revenue
    (15:10) Big Client anecdote
    (16:00) In-n-Out
    (18:10) Going from eCommerce marketplace to an own domain website & brand value
    (21:07) Value forward advisory
    (22:02) Amazon FBA eCommercer Brand in the anti-aging, beauty & skin care segments
    (23:14) Year established as a red flag
    (23:49) Private lable product
    (25:27) Margins, cost structure & scaling up on FBA eCommerce
    (26:40) Sourcing from India?
    (28:19) Large inventory thoughts, contradictions in the listing
    (29:29) Should we be mistrustful of this business?
    (32:23) The growth is just not possible without a cheat code
    (33:41) Is it realistic to acquire 1 eCommerce business a year?
    (34:58) Good businesses transact at great multiples

    -----

    Thanks to our sponsors!

    CloudBookkeeping offers adaptable solutions to businesses that want to focus on growth, with a “client service first” approach. They offer a full suite of accounting services that include sophisticated reporting, QuickBooks software solutions, and full-service payroll options.

    Value Forward Advisory is a Minneapolis based company that focuses on the growth and eventual sale of mature companies up $15 million in revenues. They offer Contract CFO, businesses taxes and succession planning. Owner, Zack Ryan, enjoys this podcast and is happy to support it.

    -----

    Past guests on Acquanon include Nick Huber, Brent Beshore, Aaron Rubin, Mike Botkin, Ari Ozick, Mitchell Baldridge, Xavier Helgelsen, Mike Loftus, Steve Divitkos, Dzmitry Miranovich, Morgan Tate and more.

    -----

    Additional episodes you might enjoy:

    #62 Two Landscaping Businesses for Sale - Mike Loftus CEO of Connor's Landscaping #66 Analyzing Software Businesses for Sale with Steve Divitkos, experienced industry CEO
    #42 $900k Moving and Storage Company / $500k Rural Mini-Storage
    #67 I bought a business. Now what? Learn with us from an expert - Dzmitry Miranovich joins us once more

    --- Support this podcast:

    Subscribe to weekly our Newsletter and get curated deals in your inbox
    Advertise with us by clicking here

    • Do you love Acquanon and want to see our smiling faces? Subscribe to our Youtube channel.
    • Do you enjoy our content? Rate our show!
    • Follow us on Twitter @acquanon Learnings about small business acquisitions and operations.

    For inquiries or suggestions, email us at contact@acquanon.com


    A travel agency where you can garnish wages to collect?! | A travel agency and a landscape management business for sale - Acquisitions Anonymous e72 Feb 25, 2022
    Show notes

    Want to receive this listing in your inbox? Signup for our weekly newsletter:
    https://landing-newsletter.acquanon.com/
    -----
    Michael Girdley (@Girdley), Bill D’Alessandro (@BillDA) and Mills Snell (@thegeneralmills) are joined by James and Palmer Higgins, Partners at Chenmark (Twitter: @chenholdco) to examine a travel agency/financer deal and a landscape management business.

    -----

    * Do you love Acquanon and want to see our smiling faces? Subscribe to our Youtube channel.
    * Do you enjoy our content? Rate our show!
    * Follow us on twitter @acquanon Learnings about small business acquisitions and operations.

    -----

    Show Notes:

    (0:00) Intro
    (3:11) Funding Chenmark
    (4:45) Employee Ownership Programm
    (7:47) Deal 1: High growth Military travel agency and sales finance company
    (18:08) Financial risks
    (20:48) Timing on the deal
    (32:00) Beyond8figures Podcast
    (33:13) Deal 2: Landscape management Business
    (36:10) Understanding the Business
    (37:01) How is the revenue composition?
    (39:20) Ownership situation & transition scenarios
    (41:55) What makes a good or a bad tuck in?
    (47:06) Understanding the equipment & the real estate value
    (53:56) Additional thoughts on the value
    (55:18) Starting one vs buying one: What would you be paying for?
    (56:45) Thinking about culture integration

    ----

    Thanks to our sponsors this week!

    CloudBookkeeping offers adaptable solutions to businesses that want to focus on growth, with a “client service first” approach. They offer a full suite of accounting services that include sophisticated reporting, QuickBooks software solutions, and full-service payroll options.

    The BEYOND8figures podcast (Beyond8Figures.com) - is a podcast where entrepreneurs and experts speak up on topics related to business and life in general. Each week our guest will have interviewees from different backgrounds to discuss what helped them get ahead while succeeding at entrepreneurship; we'll learn how these people achieved success by exploring personal journeys along the way (both professionally AND emotionally). So if that's interesting to you, make sure you check us out ;).

    -----

    Past guests on Acquanon include Nick Huber, Brent Beshore, Aaron Rubin, Mike Botkin, Ari Ozick, Mitchell Baldridge, Xavier Helgelsen, Mike Loftus, Steve Divitkos, Dzmitry Miranovich, Morgan Tate and more.

    -----

    Additional episodes you might enjoy:

    #62 Two Landscaping Businesses for Sale - Mike Loftus CEO of Connor's Landscaping
    #66 Analyzing Software Businesses for Sale with Steve Divitkos, experienced industry CEO
    #42 $900k Moving and Storage Company / $500k Rural Mini-Storage
    #61 Two Manufacturing Businesses for Sale - Brent Beshore - Founder and CEO at Permanent Equity
    #45 $800k/yr cleaning business in Midland, TX / a $565k/yr window cleaning business in San Antonio, TX--- Support this podc

    Subscribe to weekly our Newsletter and get curated deals in your inbox
    Advertise with us by clicking here

    • Do you love Acquanon and want to see our smiling faces? Subscribe to our Youtube channel.
    • Do you enjoy our content? Rate our show!
    • Follow us on Twitter @acquanon Learnings about small business acquisitions and operations.

    For inquiries or suggestions, email us at contact@acquanon.com


    20mm for a K-Pop Website?! - Acquisitions Anonymous e71 Feb 22, 2022
    Show notes

    Michael Girdley (@Girdley), Bill D’Alessandro (@BillDA) and Mills Snell (@thegeneralmills) discuss 2 fantastic deals in today's episode. An Online Psychic services company and a K-Pop website.

    -----

    * Do you love Acquanon and want to see our smiling faces? Subscribe to our Youtube channel.
    * Do you enjoy our content? Rate our show!
    * Follow us on twitter @acquanon Learnings about small business acquisitions and operations.

    -----

    Show Notes:

    (0:00) Intro
    (0:59) Bookkeeping.com
    (2:00) Online Psychich Company
    (5:24) Financials
    (10:18) Finding the value in the deal
    (12:05) Where does the traffic come from?
    (13:08) Why are marketplaces beatiful?
    (18:25) Marketplaces are awesome to have and hard to start
    (20:53) What does "90% done" means for software projects?
    (24:25) Beyond8figures.com
    (25:40) International Media Company - K-Pop
    (29:38) Difficulties of the deal
    (34:12) Broker red flags of the deal
    (38:22) Who would buy this deal?
    (40:28) High asking prices and its effect on sellers.

    -----

    Thanks to our sponsors!

    CloudBookkeeping offers adaptable solutions to businesses that want to focus on growth, with a “client service first” approach. They offer a full suite of accounting services that include sophisticated reporting, QuickBooks software solutions, and full-service payroll options.

    The BEYOND8figures podcast (Beyond8Figures.com) - is a podcast where entrepreneurs and experts speak up on topics related to business and life in general. Each week our guest will have interviewees from different backgrounds to discuss what helped them get ahead while succeeding at entrepreneurship; we'll learn how these people achieved success by exploring personal journeys along the way (both professionally AND emotionally). So if that's interesting to you, make sure you check us out ;).

    -----

    Past guests on Acquanon include Nick Huber, Brent Beshore, Aaron Rubin, Mike Botkin, Ari Ozick, Mitchell Baldridge, Xavier Helgelsen, Mike Loftus, Steve Divitkos, Dzmitry Miranovich, Morgan Tate and more.

    -----

    Additional episodes you might enjoy:

    #62 Two Landscaping Businesses for Sale - Mike Loftus CEO of Connor's Landscaping
    #66 Analyzing Software Businesses for Sale with Steve Divitkos, experienced industry CEO
    #42 $900k Moving and Storage Company / $500k Rural Mini-Storage

    --- Support this podcast: https://anchor.fm/dealtalk/support

    Subscribe to weekly our Newsletter and get curated deals in your inbox
    Advertise with us by clicking here

    • Do you love Acquanon and want to see our smiling faces? Subscribe to our Youtube channel.
    • Do you enjoy our content? Rate our show!
    • Follow us on Twitter @acquanon Learnings about small business acquisitions and operations.

    For inquiries or suggestions, email us at contact@acquanon.com


    How to hire great people - Acquisitions Anonymous e70 Feb 18, 2022
    Show notes

    How do you make a repeatable, scalable, unbeatable Hiring system? Michael Girdley (@Girdley) walks us through his take on hiring. Save on resources in advance by hiring the best fits for each role.

    -----

    * Do you love Acquanon and want to see our smiling faces? Subscribe to our Youtube channel.
    * Do you enjoy our content? Rate our show!
    * Follow us on twitter @acquanon Learnings about small business acquisitions and operations.

    -----

    Show Notes:

    (00:00) - Intro
    (01:58) - My story: I got sick of making hires that didn’t thrive
    (03:30) - Building a repeatable system
    (04:16) - Looking at the data! How to predict a good hire?
    (07:06) - Gathering the important and search for existing systems
    (10:00) - What makes people really great at a position?
    (13:42) - My hiring proces
    (14:57) - A-B-C players idea
    (18:34) - Hiring sales funnel
    (24:02) - Topgrading: Interviewing, reference checking and offer crafting
    (31:13) - Culture Index: Science-based personality trait assessment
    (34:15) - Criteria: Pre-hire screening assessments
    (35:25) - Example process with steps
    (39:49) - Complementary readings

    Did you like this episode? Rate our show!

    Links:

    * girdley.com/hiring
    * https://www.criteriacorp.com/
    * https://www.cultureindex.com/
    * https://www.predictiveindex.com/

    -----

    Past guests on Acquanon include Nick Huber, Brent Beshore, Aaron Rubin, Mike Botkin, Ari Ozick, Mitchell Baldridge, Xavier Helgelsen, Mike Loftus, Steve Divitkos, Dzmitry Miranovich, Morgan Tate and more.

    -----

    Additional episodes you might enjoy:

    #64 How to find the expected benchmarks and KPIs for your industry?
    #67 I bought a business. Now what? Learn with us from an expert - Dzmitry Miranovich joins us once more
    #62 Two Landscaping Businesses for Sale - Mike Loftus CEO of Connor's Landscaping
    #66 Analyzing Software Businesses for Sale with Steve Divitkos, experienced industry CEO

    Unusual Profits Podcast:

    #24 The recruiter of choice: How JobMobz helps Silicon Valley companies grow so quickly - Unusual Profits e24


    --- Support this podcast: https://anchor.fm/dealtalk/support

    Subscribe to weekly our Newsletter and get curated deals in your inbox
    Advertise with us by clicking here

    • Do you love Acquanon and want to see our smiling faces? Subscribe to our Youtube channel.
    • Do you enjoy our content? Rate our show!
    • Follow us on Twitter @acquanon Learnings about small business acquisitions and operations.

    For inquiries or suggestions, email us at contact@acquanon.com


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