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Buying a Business to Escape the Middle Class

Podcast |: Acquiring Minds
Publisher |: Will Smith
Media Type |: audio
Podknife tags |: Business,; Entrepreneurship,; Interview,; Investing,; Mergers & Acquisitions
Categories Via RSS |: Business,; Entrepreneurship,; Investing
Publication Date |: Nov 22, 2022
Episode Duration |: 01:16:41

Description
iTunes Summary

Jordan Novgrod sold his house, tapped his 401k, and went all-in to buy an $800k SDE business he found on BizBuySell.

Topics in Jordan's interview:

Finding a great business on BizBuySell
Blogging the search process
Key rule of thumb on SDE
Importance of buyer-seller chemistry
Machine shop businesses - pros & cons
Transferring key relationships post-sale
Day 1 speech
How Jordan built rapport with his new employees

Links & how to reach Jordan:

Rich Dad Poor Dad
Sweaty Startup
Search Investment Group (SIG)
Jordan's substack: Small Business Acquisition
@JordanNovgrod
LinkedIn

Get complimentary due diligence on your acquisition's insurance & benefits program:

Oberle Risk Strategies - Search Fund Team

Learn more about Walker Deibel's done-with-you buy-side advisory:

The Acquisition Lab

Connect with Acquiring Minds:

See past + future interviews on the YouTube channel
Connect with host Will Smith on LinkedIn
Follow Will on Twitter

Jordan Novgrod sold his house, tapped his 401k, and went all-in to buy an $800k SDE business he found on BizBuySell.

Topics in Jordan's interview:

Finding a great business on BizBuySell
Blogging the search process
Key rule of thumb on SDE
Importance of buyer-seller chemistry
Machine shop businesses - pros & cons
Transferring key relationships post-sale
Day 1 speech
How Jordan built rapport with his new employees

Links & how to reach Jordan:

Rich Dad Poor Dad
Sweaty Startup
Search Investment Group (SIG)
Jordan's substack: Small Business Acquisition
@JordanNovgrod
LinkedIn

Get complimentary due diligence on your acquisition's insurance & benefits program:

Oberle Risk Strategies - Search Fund Team

Learn more about Walker Deibel's done-with-you buy-side advisory:

The Acquisition Lab

Connect with Acquiring Minds:

See past + future interviews on the YouTube channel
Connect with host Will Smith on LinkedIn
Follow Will on Twitter

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