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    Business

    Let’s Buy a Business

    Buying a business is a blend of process, timing, and luck. A few times a week Ryan Condie shares the deals he’s looking at in a short form podcast. Listen in on updates from investors and bankers. Whether you’re buying a business to own and operate or building up your passive income, you’ll learn what to focus on and what to avoid during acquisition.

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    Copyright: © 2020 Let's Buy a Business

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    • Spotify

    Latest Episodes:
    Building His Gyms and a Successful Exit to Bankruptcy with Scott Aaron Jun 23, 2020
    Show notes

    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 Scott Aaron
    • https://www.instagram.com/scottaaronlinkedin/
    • https://scottaaron.net/

    Franchises - Good or Bad? My Ramblings on Businesses in a Box Jun 20, 2020
    Show notes

    Franchises can be fantastic for the right person and right vision and goals. Start with the end in mind of what you want, BUT also realize that the network effect of franchises start at 3-5 locations at least.

    Episode Resources

    • Connect with Ryan Condie
    • http://linkedin.com/in/ryancondie
    • http://letsbuyabusiness.com/

    How I Wasted 2 Months at the Beginning on a Company Jun 17, 2020
    Show notes

    How I wasted 2 months at the beginning of my search for a company. I didn't ask the right questions or tough questions to realize that it wasn't a software company. Avoid losing months of time to figure out which are the toughest questions to ask upfront.

    Episode Resources
    • Connect with Ryan Condie http://linkedin.com/in/ryancondie
    • http://letsbuyabusiness.com/

    Issues and Never-Ending Work Tied to Buying a Business Jun 15, 2020
    Show notes

    Spending your whole day finding a business to buy is boring sometimes, full of networking and intros, lonely and weird that you are super busy but don't ship/sell/create anything. All short-term pains for a massive long-term plan.

    Episode Resources

    • Connect with Ryan Condie http://linkedin.com/in/ryancondie
    • http://letsbuyabusiness.com/

    Buy vs. Build Jun 12, 2020
    Show notes

    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/

    How Much Information Can You Gather From the Seller Before/After LOI? Jun 10, 2020
    Show notes

    Buyers wonder how much information they should get before making an offer and going under LOI for a business. Trust everything before LOI, Verify everything once under LOI.

    Episode Resources
    • Connect with Ryan Condie http://linkedin.com/in/ryancondie
    • http://letsbuyabusiness.com/

    Glenn Molin Interview - He Has Built, Bought and Sold Several Businesses Jun 07, 2020
    Show notes

    Glenn has built, bought, and sold several businesses and now advises owners on exits. He has built so many profitable businesses while having multiple successful exits. Glenn has also bought several businesses and seen 100's of business transactions. The gold nuggets he drops are incredible in this short interview.

    Episode Resources
    • Connect with Ryan Condie http://linkedin.com/in/ryancondie
    • http://letsbuyabusiness.com/
    • Connect with Glenn Molin
    • gmolin18@gmail.com
    • Thou Shall Prosper - https://amzn.to/2YZmh75
    • http://harvestbusiness.com/

    Jared Zemp Interview - Buying 18 Businesses in 18 Months (part 2) Jun 04, 2020
    Show notes

    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
    • https://www.crowchild.com/micro

    Jared Zemp Interview - Buying 18 Businesses in 18 Months (part 1) Jun 01, 2020
    Show notes

    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 that was actually a prostitution ring.

    Episode Resources

    • Connect with Ryan Condie
    • http://linkedin.com/in/ryancondie
    • http://letsbuyabusiness.com/
    • Connect with Jared Zemp
    • jzemp@crowchild.com
    • https://www.crowchild.com/micro

    What My Day-to-Day Looks Like During My Search May 28, 2020
    Show notes

    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

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