Episode Details
Back to Episodes
How to De-Risk the Personal Guarantee
Published 3 months, 3 weeks ago
Description
Brendan Burdette and Ryan Conner have launched personal guarantee insurance to enable more — and stronger — SBA buyers.
Register for the webinar:
- Score It or Skip It: A Framework for Fast Deal Evaluation - Thu, Jun 11 - https://bit.ly/3Q1D9qM
Topics in Brendan & Ryan’s interview:
- Psychological weight of the personal guarantee
- Building a personal guarantee insurance product
- Taking the risk from a 10 to a 5
- Sequence of events after default
- Targeting mid to late career operators
- Premiums decrease over time
- Balancing risk between unequal partners
- Solving the seller rollover conflict
- Philosophy of “skin in the game”
- How they hope this affects ETA ecosystem
References and how to contact Brendan & Ryan:
Get complimentary due diligence on your acquisition's insurance & benefits program:
Work with an SBA loan team focused exclusively on helping entrepreneurs buy businesses:
The ecosystem for serious acquisition entrepreneurs—education, capital, community, and post-close support to buy and grow a business:
Connect with Acquiring Minds:
- See past + future interviews on the YouTube channel
- Connect with host Will Smith on LinkedIn
- Follow Will on Twitter
Edited by Anton Rohozov and produced by Pam Cameron