Let’s Buy a Business

Spencer spent 6+ years searching for a business to buy. Life happens fast and many things paused his search over the years. Spencer is real here and we dive deep into a LONG search... A few he got serious with... Podcast Nuggies Want to invest in amazing entrepreneurs with vetted deals? Send a note to Monica@letsbuyabusiness.com Ready to level up but not 1 on 1 consulting? How to Buy Your First Small Business through Acquisition Entrepreneurship https://letsbuyabusiness.com/course Free SMB Financial Basics Course https://letsbuyabusiness.com/course Guest Details: Spencer Montgomery LinkedIn - https://www.linkedin.com/in/montgomeryspencer/ Anderson Investigations, Inc. - https://www.andersonattorneyservices.com/

Entrepreneur Origin Stories - Quick dive into some pivotal moments for Daddy Yankee. Less about buying a business and more about a reinvention of oneself. Free SBM Financial Courses https://letsbuyabusiness.com/courses/ Want to invest in amazing entrepreneurs with vetted deals? Send a note to Monica@letsbuyabusiness.com 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.

What true focus looks like. Want to invest in amazing entrepreneurs with vetted deals? Send a note to monica@letsbuyabusiness.com Ready to level up but not 1 on 1 consulting? How to Buy Your First Small Business through Acquisition Entrepreneurship https://letsbuyabusiness.com/course Need Bookkeeping or Tax Help? Contact Darin at https://ashfordsky.com/. He's awesome.

Darin Pierson is a bookkeeper and CPA AND has bought his own businesses. When we say he's been in the trenches, it's not fake. Darin has also created a free course on SMB Financial Basics for all listeners. Podcast Nuggies: MONEY IN Revenue Asset sale Loan Personal capital in MONEY OUT Expenses Buying Assets Debt payments Dividends Free SBM Financial Courses https://letsbuyabusiness.com/courses/ Want to invest in amazing entrepreneurs with vetted deals? Send a note to Monica@letsbuyabusiness.com 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. He's on this episode!

Diane Rosenkrantz has served as a Senior Consultant with Tenet Financial Group since 2009. She is detail oriented which is so critical with something like this. BUT this time, we dive into real stories of using your 401k. Podcast Nuggies: Previous Episode with Diane - https://podcasts.apple.com/us/podcast/using-robs-401k-to-buy-a-business-with-diane-rosenkrantz/id1506985601?i=1000646700460 Want to invest in amazing entrepreneurs with vetted deals? Send a note to monica@letsbuyabusiness.com Ready to level up but not 1 on 1 consulting? How to Buy Your First Small Business through Acquisition Entrepreneurship https://letsbuyabusiness.com/course Need Bookkeeping or Tax Help? Contact Darin at https://ashfordsky.com/. He's awesome.

I love Day Jobs. 5 Reasons to Not Quit Your Day Job. Bonus - Clarity - How to make decisions NOT out of desperation. + My Mistakes at my Day Job. Free SBM Financial Courses https://letsbuyabusiness.com/courses/ Want to invest in amazing entrepreneurs with vetted deals? Send a note to monica@letsbuyabusiness.com 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.

Daniel Astleford is amazing. He's so humble yet doing so many cool things. He buys a fireworks stand with a unique structure. These things have crazy revenue windows of only a few days a year. Daniel is also in the middle quitting his job(!) while starting his CPA business. We dive into so many interesting substories here. Podcast Nuggies: Want to invest in amazing entrepreneurs with vetted deals? Send a note to monica@letsbuyabusiness.com Ready to level up but not 1 on 1 consulting? How to Buy Your First Small Business through Acquisition Entrepreneurship https://letsbuyabusiness.com/course Here is the link to get Darin's Course! https://ryancondie.podia.com/312e307e-c83f-4434-a987-ff910090d057 Need Bookkeeping or Tax Help? Contact Darin at https://ashfordsky.com/. He's awesome.

https://amzn.to/4erKruP Sam Whitney is one of my favorite people. He’s an entrepreneur, father and now an author. We dive into the process of writing his book. *Key insight: After reading this book, my readers should do a date, feel hopeful towards marriage, and think of ways they are getting in the way. *He was dialed in on the SPECIFIC goals of each step here. Podcast Nuggies: Want to invest in amazing entrepreneurs with vetted deals? Send a note to monica@letsbuyabusiness.com Ready to level up but not 1 on 1 consulting? How to Buy Your First Small Business through Acquisition Entrepreneurship https://letsbuyabusiness.com/course Sam Whitney's book https://amzn.to/47tojxw

$500 for one night of entertainment? $50 to watch a Netflix Show? $10 for GPS in New Zealand? What do these all have in common? Want to invest in amazing entrepreneurs with vetted deals? Send a note to monica@letsbuyabusiness.com Ready to level up but not 1 on 1 consulting? How to Buy Your First Small Business through Acquisition Entrepreneurship https://letsbuyabusiness.com/course

We dive into a real business for sale and walk through how to structure and think about the LOI here. We also dive into a bunch of common questions to ask. Secure your spot in The Self-Funded Search Conference: selffundedsearchconference.com YouTube - Need more hands-on videos? Want to invest in amazing entrepreneurs with vetted deals? Send a note to monica@letsbuyabusiness.com Ready to level up but not 1 on 1 consulting? How to Buy Your First Small Business through Acquisition Entrepreneurship https://letsbuyabusiness.com/course Guest Name: Patrick O'Connell Guest Email patrick@oconnelladvisorygroup.com Linkedin - https://www.linkedin.com/in/patrick-o-connell-cpa-3b235177/ Site - https://oconnelladvisorygroup.com/

Taylor Brown is one of my favorite people. By the way, I only have my favorite people on the show. This episode has it all. One of my favorites. It will hit home. Podcast Nuggies: Secure your spot at The Self-Funded Search Conference: selffundedsearchconference.com Want to invest in amazing entrepreneurs with vetted deals? Send a note to monica@letsbuyabusiness.com Ready to level up but not 1 on 1 consulting? How to Buy Your First Small Business through Acquisition Entrepreneurship https://letsbuyabusiness.com/course

Stephen Speer is the founder and CEO of Ecommerce Lending, which specializes in SBA loans. He’s done over 500 transactions, with only 3 deals failing after purchase. Podcast Nuggies + Seller Mistakes: Secure your spot at The Self-Funded Search Conference: selffundedsearchconference.com Want to invest in amazing entrepreneurs with vetted deals? Send a note to monica@letsbuyabusiness.com Ready to level up but not 1 on 1 consulting? How to Buy Your First Small Business through Acquisition Entrepreneurship https://letsbuyabusiness.com/course Previous Show - https://podcasts.apple.com/bh/podcast/alternative-lending-options-for-%245-%2420m-businesses/id1506985601?i=1000563971164 Connect with Stephen Speer - https://ecommercelending.com/

Why do brokers reject most of the businesses they see? AND, what is happening in the economy?? Secure your spot at The Self-Funded Search Conference: selffundedsearchconference.com Want to invest in amazing entrepreneurs with vetted deals? Send a note to monica@letsbuyabusiness.com Ready to level up but not 1 on 1 consulting? How to Buy Your First Small Business through Acquisition Entrepreneurship https://letsbuyabusiness.com/course

Behdad Jamshidi has met with over 800 agencies. That's insane. Behdad has a wealth of knowledge in business and lifestyle design. We dive into different agency business models and how to pick the right agency. He pairs entrepreneurs and businesses with the right agency. Cool business model.Podcast Nuggies: Ampleo: The Go-To Source for Financial Due Diligence https://lp.ampleo.com/transaction-advisory Want to invest in amazing entrepreneurs with vetted deals? Send a note to monica@letsbuyabusiness.com or r@letsbuyabusiness.com Ready to level up but not 1 on 1 consulting? How to Buy Your First Small Business through Acquisition Entrepreneurship https://letsbuyabusiness.com/course

Risks = They sleep well at night. No Debt = Walk away option Cost Basis... Secure your spot at The Self-Funded Search Conference: selffundedsearchconference.com Want to invest in amazing entrepreneurs with vetted deals? Send a note to monica@letsbuyabusiness.com of r@letsbuyabusiness.com Ready to level up but not 1 on 1 consulting? How to Buy Your First Small Business through Acquisition Entrepreneurship https://letsbuyabusiness.com/course

James Lincoln put on the BYU ETA event in March 2024. There were 200+ people there from 25% students to 75% (150+) professionals. Top Podcast Nuggies Ampleo: The Go-To Source for Financial Due Diligence https://lp.ampleo.com/transaction-advisory Want to invest in amazing entrepreneurs with vetted deals? Send a note to monica@letsbuyabusiness.com or r@letsbuyabusiness.com Ready to level up but not 1 on 1 consulting? How to Buy Your First Small Business through Acquisition Entrepreneurship https://letsbuyabusiness.com/course

Patrick breaks down Net Working Capital into digestible bites. Working Capital is incredibly confusing and usually makes deals fall apart in the 11th hour. Podcast Nuggies: Ampleo: The Go-To Source for Financial Due Diligence https://lp.ampleo.com/transaction-advisory Want to invest in amazing entrepreneurs with vetted deals? Send a note to monica@letsbuyabusiness.com or r@letsbuyabusiness.com Ready to level up but not 1 on 1 consulting? **How to Buy Your First Small Business through Acquisition Entrepreneurship** https://letsbuyabusiness.com/course

Jordan Hammond is an absolute beast and inspiration to me. He had some huge setbacks early on that should've sent him on a different path. Podcast Nuggies Ampleo: The Go-To Source for Financial Due Diligence https://lp.ampleo.com/transaction-advisory Want to invest in amazing entrepreneurs with vetted deals? Send a note to Monica@letsbuyabusiness.com of r@letsbuyabusiness.com Ready to level up but not 1 on 1 consulting? How to Buy Your First Small Business through Acquisition Entrepreneurship https://letsbuyabusiness.com/course

The Donut King - How the Cambodian Immigration Wave took over the donut industry. This is an awesome story of hard work, creativity, leaning into your special sauce (FREE LABOR), and not letting your head get too big. Ampleo: The Go-To Source for Financial Due Diligence https://lp.ampleo.com/transaction-advisory Want to invest in amazing entrepreneurs with vetted deals? Send a note to monica@letsbuyabusiness.com of r@letsbuyabusiness.com Ready to level up but not 1 on 1 consulting? How to Buy Your First Small Business through Acquisition Entrepreneurship https://letsbuyabusiness.com/course

Nathan has coached leaders from Google to DoorDash to P&G in mastering the inner game. The inner game is critical for all entrepreneurs, executives, parents, and basically all humans. He started at Lehman Brothers where I had a front-row seat to the largest bankruptcy in history. Podcast Nuggies Ampleo: The Go-To Source for Financial Due Diligence https://lp.ampleo.com/transaction-advisory Ready to level up?Consulting open for 2 spots. https://letsbuyabusiness.com/consult Ready to level up but not 1 on 1 consulting? **How to Buy Your First Small Business through Acquisition Entrepreneurship** https://letsbuyabusiness.com/course Find Nathan's book, The Unconquerable Leader: Mastering the Internal and External Game here:https://amzn.to/3y0a4CL