Acquiring Minds

Buying a Business to Escape the Middle Class


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Jordan Novgrod sold his house, tapped his 401k, and went all-in to buy an $800k SDE business he found on BizBuySell. 

Topics in Jordan's interview:

  1. Finding a great business on BizBuySell
  2. Blogging the search process
  3. Key rule of thumb on SDE
  4. Importance of buyer-seller chemistry
  5. Machine shop businesses - pros & cons
  6. Transferring key relationships post-sale
  7. Day 1 speech
  8. How Jordan built rapport with his new employees

Links & how to reach Jordan:

  • Rich Dad Poor Dad
  • Sweaty Startup
  • Search Investment Group (SIG)
  • Jordan's substack: Small Business Acquisition
  • @JordanNovgrod
  • LinkedIn

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

  • Oberle Risk Strategies - Search Fund Team

Learn more about Walker Deibel's done-with-you buy-side advisory:

  • The Acquisition Lab

Connect with Acquiring Minds:

  • See past + future interviews on the YouTube channel
  • Connect with host Will Smith on LinkedIn
  • Follow Will on Twitter
...more
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Acquiring MindsBy Will Smith

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4.8

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