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Jon talks to Richard Parker about his journey and the 13 companies he purchased and sold.  Then he sold over 100,000 copies of his course  "The How To Buy A Good Business At A Great Price".   Richard Now runs Roy Street Advisors which represents business owners, prospective buyers, and family offices in their quest to exit or acquire businesses with EBITDA of $1.0 million and higher.

Notes
00:00  Intro
00:00 I bought his How to Buy a Business course in 2005
01:05  How he started - $60k in debt 
02:00  Dumb luck landing Sega took $30 million
04:50  His first offer on business was a disaster 
06:30  What were red flags?
09:55  Can brokers be impediment?
10:15  From Launch to 100,000 course sales
14:02  Distressed businesses "dis causes a lot of stress"
14:30  Nobody sells a good business for no money down
17:43  Buy a business and think about selling it
19:00  His Buying Binge
28:15  Document Prep acquisition- so much demand
35:40  Getting hired by the Ray Dalio Family Office
36:10  His partner dying in car accident
40:30  Joining Roy Street Advisors - Sell side
42:02  Too big to be small, $1m to $5m ebidta
44:01  Is the business buying course relevant today?
49:25   75% business won't get sold...