1. Employee to 6-Time Business Buyer: How James Richardson Built a $15 Million SMB Portfolio in Just 18 Months
Salary to CEO - A podcast by Jake Richards
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E1: How do you buy your first SMB? What qualities should you be looking for in a business? And how do you avoid making a multi-million dollar mistake acquiring it?Today, host Jake Richards (@JakeMRichards) sits down with 6-time business buyer James Richardson (@bizbuyingbrit), who went from salaried employee to building a $15 million per year business portfolio, in just 18 months! James shares the exact strategies he used to launch his career in acquisition entrepreneurship, the subsequent lessons learnt and how you can replicate his success.Topics discussed:Start-ups vs buying established businessesSetting your business buying strategy: Solo-Biz Operator vs Multi-Biz Portfolio OwnerWhat key business criteria to target in your searchPros and cons of different business types: service, manufacturing, etc.How to avoid overpaying for your first SMB acquisitionHow to build your investor network and bring on outside capitalFinancing SMB acquisitionsThis is a business buying masterclass you won't want to miss!Follow along on my SMB journey:Twitter @JakeMRichardsCheck out James' podcast here: Business Buying Brit Podcast