Buy Then Build author Walker Deibel is on the Cold Star Project, and host Jason Kanigan is asking some tough questions. Rather than building a business from scratch, Walker recommends buying an existing business with a proven market that's interested in what you want to sell. We discuss:
What Walker says when people have the belief that you must have lots of cash available to be able to buy an existing business
What the biggest “yeah but” is he's encountered from people who have read the book
What Walker recommends to do when you’ve found a business where one partner is eager to sell, but other partners are not
When a mechanism like a leveraged buyout is a bad idea
Why operations as a topic isn't covered much in By Then Build, while the “math of the business” is well covered
What sort of problems company owners approach him about helping them fix, and whether they often have the wrong idea about what you do, or are typically “pre-sold”. Four opportunity quadrants screenshot: https://coldstarproject.com/deibelquadrants
Buy Then Build on Amazon (NOT an affiliate link): https://coldstarproject.com/buythenbuild
Buy Then Build website: https://buythenbuild.com/
Talk to Cold Star: https://coldstartech.com/bookcall