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Getting Unstuck by Buying a Business

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Manage episode 411878369 series 2931927
Content provided by Will Smith. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Will Smith or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.

The construction services business Christian Bateson bought will do $7.5m in 2024. It also rescued him from the depths.

Topics in Christian’s interview:

  • His front row seat to the 2008 financial crisis
  • Qualities of a top salesperson
  • Business acquisition as a way out of a miserable career
  • Shopping around for an SBA loan
  • Choosing to play to his strengths and outsource his weaknesses
  • Difficulty in hiring for construction
  • Bouncing back and growing after Covid losses
  • Red flags he ignored when acquiring his second business
  • How his finance background benefited him
  • His $100 million goal

References and how to contact Christian:

Work with an SBA broker who focuses exclusively on helping entrepreneurs buy businesses:

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

Connect with Acquiring Minds:

  continue reading

280 episodes

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Getting Unstuck by Buying a Business

Acquiring Minds

26 subscribers

published

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Manage episode 411878369 series 2931927
Content provided by Will Smith. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Will Smith or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.

The construction services business Christian Bateson bought will do $7.5m in 2024. It also rescued him from the depths.

Topics in Christian’s interview:

  • His front row seat to the 2008 financial crisis
  • Qualities of a top salesperson
  • Business acquisition as a way out of a miserable career
  • Shopping around for an SBA loan
  • Choosing to play to his strengths and outsource his weaknesses
  • Difficulty in hiring for construction
  • Bouncing back and growing after Covid losses
  • Red flags he ignored when acquiring his second business
  • How his finance background benefited him
  • His $100 million goal

References and how to contact Christian:

Work with an SBA broker who focuses exclusively on helping entrepreneurs buy businesses:

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

Connect with Acquiring Minds:

  continue reading

280 episodes

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