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Buying a Business to Escape the Middle Class

Buying a Business to Escape the Middle Class

FromAcquiring Minds


Buying a Business to Escape the Middle Class

FromAcquiring Minds

ratings:
Length:
77 minutes
Released:
Nov 22, 2022
Format:
Podcast episode

Description

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 TeamLearn more about Walker Deibel's done-with-you buy-side advisory:The Acquisition LabConnect with Acquiring Minds:
See past + future interviews on the YouTube channel

Connect with host Will Smith on LinkedIn

Follow Will on Twitter
Released:
Nov 22, 2022
Format:
Podcast episode

Titles in the series (100)

Buying a business is an amazing path for many successful entrepreneurs. Learn how to buy a business from the entrepreneurs who have already done it. Stories, insights, & valuable advice about acquisition entrepreneurship. Hosted by Will Smith, who is on his own path to acquire a business.