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Starter Acquisition: Buying a $25k Business

Starter Acquisition: Buying a $25k Business

Published 4 years, 10 months ago
Description

Neil Granberry bought a bubble ball business to prove himself as an entrepreneur while pursuing an MBA at the same time.

Themes from Neil’s interview:

  • The advantages of a small starter business as a first acquisition
  • Looking past media hype that paints billionaire startup founders as the only entrepreneurs
  • The value of a customer list
  • The beauty of acquiring a small business that is already profitable
  • Taking a hard look at a company’s books to negotiate a better sale price
  • Delegating operations to trusted employees to better position yourself for a sale later on

Reach Neil at:

Official episode page & full show notes at AcquiringMinds.co:

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