Go big or go home, right!? That’s exactly what my guest today thought when the pandemic started and traditional business buyers disappeared from the scene of his industry and he had an opportunity to become the market maker.
Today my guest is Jonathan Jay. Jonathan has been an entrepreneur since dropping out of university at age 19. Now 50 years old, he has built businesses in publishing, digital marketing, adult education and coaching, as well as preschool education and has sold each of them. During the pandemic, he made 48 business acquisitions to create the fourth largest group in his sector in under three years.
Some of Jonathan’s deals were wildly successful, like the $4 million in revenue digital marketing company he bought for $1 and sold for $2 million six months later or the publishing company that changed his financial life forever. Other deals were not so easy, like the first company he bought (the publishing business) or the last roll up of 48 preschool daycares he bought during the pandemic.
What I love about my conversation with Jonathan is how genuine he is about telling his story and the real ups and downs he experienced along the way. Anyone who is responsible for payroll knows it’s not all rainbows and unicorns–cash flow matters.
It’s becoming more common for thought leaders these days to preach how “easy it is to buy a company with no money down” or “roll up an industry because of how huge the opportunity is.”
Talking vs. doing are two very different things.
Jonathan shares with me the major ups and downs throughout his journey with no filter. I loved it, and I hope you do too!
// WATCH THE INTERVIEW ON YOUTUBE: Intentional Growth™ Podcast
What You Will Learn
How–and when–during his journey Jonathan came to the realization that a business is a financial asset and not just a job.
Why Jonathan bought a digital marketing firm for $1 and was able to sell it for millions within a year.
How Jonathan turned the failing digital marketing firm into a highly profitable company in a very short period of time.
What happened that allowed Jonathan to buy so many companies so fast.
How Jonathan financed the acquisitions of 48 companies.
Why Jonathan ended up in the hospital during the roll up.
How Jonathan took inventory about what mattered most to him in his life and how he recalibrated in order to get it.
Why Jonathan thinks it’s crucial to know exactly what you are good