⏱️ Timestamp Chapters:
00:00 - Intro
01:59 - From Big Six Accounting to 15 Business Acquisitions
07:17 - The #1 Thing That Disqualifies a Deal: Trust the Seller
12:39 - Remove Emotion & Ego: You're NOT Smarter Than the Seller
18:54 - Seller Financing Secrets: Negotiate Price OR Terms, Never Both
23:21 - Why Businesses Sitting on the Market Are Golden Opportunities
29:13 - The Exit Plan: Lessons That Took 10 Years to Learn
📋 In this entrepreneur podcast, host Rhonda Klch sits down with Paul Lejoie, CPA, founder of BizBuy Pro, and author of The Exit Plan. This CEO interview delivers brutally honest real talk about buying businesses—and why Paul's first advice is often "don't buy that business." This business expert shares his inspiring success story—from Big Six accounting to buying 15 small businesses, acquiring commercial real estate, and learning expensive lessons about what NOT to do. Paul reveals entrepreneur advice on eliminating risk, avoiding million-dollar mistakes, and why your business plan should never be "hope and a prayer."
Learn the secrets to success in business acquisitions: why you must trust the seller or walk away, how to negotiate seller financing (price OR terms, never both), why distressed businesses can be golden opportunities, and how to structure deals that protect you from bankruptcy. Get business tips on due diligence strategy, removing emotion and ego from the buying process, understanding debt service coverage ratios, and why first-time buyers should never think they're smarter than sellers who've run businesses for 20 years. This life-changing conversation proves that the right business at the wrong price will destroy your life—leading to divorce, depression, and financial ruin. Paul's mission through BizBuy Pro is paying it forward, helping professionals transition from W-2 income to business ownership while creating generational wealth without the devastating mistakes he made over 25 years.
🔗 Connect with Paul Lejoie:
Website: bizbuypro.com
Get the book: https://www.amazon.com/Exit-Plan-Escaping-9-Profitable/dp/B0FFWSJD5F Free Webinars: https://bizbuypro.com/deal-review/
🔗 Connect with Rhonda Klch:
The UnFiltered Podcast
Website: rhondaklch.com
Instagram: @rhondaklch
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ℹ️ About This Show: Join Rhonda Klch for unfiltered conversations with successful entrepreneurs, business experts, and industry leaders who share the raw truth about building, buying, and scaling businesses. Get entrepreneur advice, business tips, and inspiring success stories from experts who've made the mistakes so you don't have to. No shortcuts, no hype—just honest guidance on risk elimination, wealth creation, and what it really takes to succeed in business. ⚡ Powered by NXC Podcast Network