Buying 21 Business in 8 Months

 This week we meet Darren Jacobs, who since joining my business buying courses has bought a total of 25 businesses in just eight months. He’s already sold four of them and has an ambitious target to do 100 deals. 

Darren bought his first salon for his daughter, a qualified hair stylist, in May 2020. But when he started sending enquiry letters out, he quickly built a pipeline of potential acquisitions. 

This is a two part episode, and in this part we will hear about the deals, and next week we are going to learn about the pains of integration and consolidation. 

Business Buying Strategies is the leading podcast for people who want to buy a business. Each week I interview deal makers who've been on my business acquisition Mastermind program and find out about their deals and behind the scenes of their acquisitions. If you want to know how to get started in mergers and acquisitions, then take my free online course.

You can find it at www.dealmakerspodcast.co.uk

Notable Quotes

In comparison to buying an IT business, buying a hair salon was ridiculously easy.
In June 2020 we sent out a bunch of letters, about 1500. We had just over 300 people contact us from them.
We've had to do a lot of work on consolidation and integration.
I tell people that we've got a lot of salons, we're not that interested in buying many more at the moment, but if it works for us, we'll take a look at it.
The reality is there are far more important things to people than money. And it usually starts off with retirement.

Each week I interview deal makers who have been on my business acquisition mastermind program and find out about their deals and behind the scenes of their acquisitions. If you want to know how to get started in M & A, then take my free online course. You can find it at www.dealmakerspodcast.co.uk. 

Buying a business is only the start, which is why we are now teaching what happens next on the Mastermind program. Now, if you've already bought a business, you should be part of my Inner Circle group where we discuss raising capital, integration management, and exiting. Email Maria on hello@thedealmakersacademy.com for more information. 

Webinar Training Video on www.dealmakerspodcast.co.uk

If you would like to take the next step to learn the best ways of buying a business, without risking your own cash, you can access my free training atwww.dealmakersvideo.co.uk and you can also request a free copy of my book athttps://www.thedealmakersacademy.com/free-book-giveaway/

If you want to jump straight to my live Zoom FastTrack course please go tohttps://www.thedealmakersacademy.com/fast 

Resources

If you are looking for a lawyer in the UK to help you get the deal over the line, then use my guy John Andrews. You can phone his office at +03452412494 or email him at johnandrews.deallawyer@jmw.co.uk

To join the Fasttrack Program, you can connect with Jonathan Jay at

Website:https://www.thedealmakersacademy.com/

LinkedIn: https://www.linkedin.com/in/jonathan-jay-3556b230/

Youtube:https://www.youtube.com/c/TheDealmakersAcademy or get the

Webinar Training Video on www.dealmakerspodcast.co.uk