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What if the fastest way to grow your business wasn't to find more customers, but to buy another business? And what if the business you've spent years building isn't actually worth what you think it is?
In this episode of Ben's Business Podcast, I sit down with entrepreneur, investor and M&A expert Steven Pettigrew, who's been involved in over 20 business deals across the UK, US and beyond.
Steven shares his journey from growing transport companies to Β£4β5 million in revenue to buying, scaling and selling businesses, and now helping business owners maximise their company's value before an exit.
We explore the world of mergers and acquisitions, why so many businesses struggle to sell, and what sophisticated buyers are really looking for.
But this conversation goes much deeper than business.
We discuss the importance of financial discipline, the opportunities created by retiring business owners, using AI to improve business performance, and why the ultimate goal of entrepreneurship shouldn't just be making more money, but creating genuine freedom.
What we cover in this episode:
Buying businesses vs starting from scratch: Why acquiring an established company can accelerate growth by years.
The biggest mistakes entrepreneurs make: Lessons from building multimillion-pound businesses, managing cash flow and choosing profitable industries.
Consulting for equity: How you can become a shareholder in another business by contributing expertise rather than investing large amounts of cash.
Why 80% of businesses don't sell: Steven's perspective on business brokers, unrealistic valuations and what makes a company attractive to buyers.
Building a business worth buying: How to reduce founder dependency, create predictable revenue and prepare for a profitable exit.
The baby boomer opportunity: Why retiring business owners could create huge acquisition opportunities over the coming years.
AI for entrepreneurs: Practical ways to use AI for cash flow forecasting, sales coaching, marketing, operations and improving efficiency.
Moving to Dubai: The realities of relocating your family and business abroad, including the opportunities and trade-offs.
Money, freedom and fulfilment: Why success isn't just about financial wealth, but having control over your time, raising your children and designing a life you genuinely enjoy.
One of my favourite parts of the conversation was exploring the difference between owning a business and owning a valuable asset that can operate without you.
Because there's a huge difference between building a business that makes money and building one that someone else would actually want to buy.
We also get philosophical about entrepreneurship, fatherhood, learning through hardship and what really drives us once money is no longer the main motivation.
Whether you're starting your first business, looking to scale through acquisitions, considering selling your company or simply trying to create more freedom in your life, there's plenty of practical insight in this conversation.
If you want to think bigger about business, wealth and what success actually means, this episode is for you.
ποΈ Ben's Business Podcast β Episode #111
Featuring Steven Pettigrew, entrepreneur, investor and M&A expert.
Watch the full conversation and discover how to build a business that's not only profitable, but valuable, scalable and ultimately gives you more freedom.
Join my community of like-minded business owners: Ben's Business Book Club
Listen to the podcast on Apple and most platforms.
Digital Marketing Tips: Drive traffic & convert that traffic
Join my community of like-minded business owners: Ben's Business Book Club
Listen to the podcast on Apple and most platforms.
Join my community of like-minded business owners: Ben's Business Book Club
Listen to the podcast on Apple and most platforms.
How to rank your website at the top of Google
+ Q&A
Meet up between all the Ben's Business Book Club Facebook community members to discuss books and network
Join us here on Zoom https://bit.ly/benbizbookclub
#bensbusinessbookclubhangout
Ryan is the founder of Range Property Investments which is a Property Deal Sourcing company packaging deals for property investors.
Hes also an excellent marketer and runs a regular workshop on Facebook Advertising.
Acquire new clients and find off market investment property deals with FB Ads.
Ben's Business Book Club Hangout
- Meet up between all the Ben's Business Book Club Facebook community members to discuss books and network
Join us here on Zoom https://bit.ly/benbizbookclub
#bensbusinessbookclubhangout
You don't want to miss Networking for Good this Monday - Ben Laing, business mentor and investor, will be doing the inspiration slot.
The Ultimate Social Media Hack To Be Everywhere, All Of The Time
#business #networking #inspiration #opportunities #networkingforgood #network
We covered:
- Watch your words they become your world
- Transformational Vocabulary
- π Awaken The Giant Within by Tony Robbins
- Consciousness geeking out
- The purpose of these weekly calls = growing the relationship within the community
Ben's Business Book Club Hangout
- Meet up between all the Ben's Business Book Club Facebook community members to discuss books and network
Join us here on Zoom https://bit.ly/benbizbookclub
#bensbusinessbookclubhangout
- Dean's journey to 500,000 followers on TikTok and what he did to get there.
- Viral 8.5 million views on videos.
- Scottish Roots πΊπΈπ΄σ §σ ’σ ³σ £σ ΄σ Ώ
- Business opportunities as a social media influencer.
- Why passion for your content creation is important to your TikTok growth
- The dark-side of TikTok success.
- TikTok growth hacks & tips.
- M&A (Mergers & Acquisitions.
Ben's Business Book Club Hangout
- Meet up between all the Ben's Business Book Club Facebook community members to discuss books and network
Join us here on Zoom https://bit.ly/benbizbookclub
#bensbusinessbookclubhangout
Speaker for tonight's Hangout
Virr Haria will be sharing his 3 Simple Steps To Scale A Business.
Why Virr?
He knows how to scale a business. ππ
He's helped me multiple times on systemising and scaling up my businesses.
He's spent the last 5 years studying this topic and has developed an excellent service on systemising , automating and scaling a business.
He's been taught directly by my own business mentor (his brother) and Dan Hill founder of Property Entrepreneur who was my guest last week on Ben's Business Podcast and has scaled many multi million pound businesses.
Ben's Business Book Club Hangout
- Meet up between all the Ben's Business Book Club Facebook community members to discuss books and network
Join us here on Zoom https://bit.ly/benbizbookclub
#bensbusinessbookclubhangout
From the publisher's feed