Am I Buying a Marketing Agency in 2023?

Tej Talks: Being Better - A podcast by Tej Singh

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IS THIS THE ONE? šŸ¤”I've got my eye on something special - a digital agency that's as sleek as it is innovative.But, as always, there's a twist. How do I value a business that's newer than most of my Trainers?Here, I'm unpacking it all - the positives, the negatives, and those grey areas in between.We're talking a lack of history, key founders who can't just be replaced, a complicated team structure, and the puzzle of earnoutsWill this be a solid investment or a potential pitfall?You tell me...---About your host, Tej:Tej graduated from King'sā€™ College London with a BSc Biochemistry in 2014, he then pursued a career in Medical Education and Marketing. Soon after his second jobā€¦ he was fired!He then went in search of a more ethical path, a business he could set up where the reward was equal to the work put in. ā€œIf they are making pounds, why am I making pennies?ā€ - was his thought process, not happy with slow progression and bureaucracy (& having to wear smart shoes everyday). This lead him to opening a Recruitment business (not sure where the ethics went) which doubled in profit every year, for 4 years. He hated it. Golden handcuffs they call it.Fortunately, he used the cash heā€™d built up from that business, to educate himself in Property Investing. Soon, heā€™d stopped the business and transitioned into Property Investment full time. He then had a slow start -Purchasing 15 properties in his first 9 months, using over Ā£650,000 of Investor Finance, he built a Ā£1,200,000 property portfolio and created Ā£30,000 of profit from flips. This gave him ā€˜financial freedomā€™, but it was the most stressful period of his life. Growing quickly is very painful. He recently made Ā£95,000 from two flips.Letā€™s not forget that his Podcast grew to be the most-reviewed UK Property Podcast, peaking at 4,000 unique downloads per episode.His Podcast (Tej Talks) now sits at 800,000 downloads in over 120 countries and has 500 reviews, rated 5/5.Tej InvestsTej TalkseLearning Hosted on Acast. See acast.com/privacy for more information.