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Business Buying Strategies from The Dealmaker's Academy

Business:Entrepreneurship

Insights from Successful Deals and Favorite Business Books

2024-07-11

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In this episode of the Business Buying Strategies Podcast, Jonathan introduces a new format featuring an interview with a successful dealmaker, reviews of his favorite business books, and the story of a significant deal he completed, offering valuable lessons for prospective dealmakers.

Jonathan shares insights on books like 'Mean Business' by Alfred Dunlap, 'Built to Sell', and 'The Alchemists' by Jim Ratcliffe, which have influenced his business philosophy.

The episode also highlights the inspirational journey of Andy Doyle, a Mastermind participant who successfully doubled his business size through a strategic acquisition in just eight weeks. Additionally, Jonathan recounts his experience of purchasing a digital marketing agency for £1 and selling it for £1.25 million after implementing strategic changes.

Key moments

00:00 Introduction to the Podcast

01:29 Exploring Favorite Business Books

10:38 Interview with Andy Doyle: Success in Business Acquisition

20:05 Evaluating Business Operations

21:15 The Importance of Detachment in Negotiations

22:23 Learning from Past Mistakes

23:17 Ensuring Financial Transparency

25:19 Navigating Business Acquisitions

25:40 The One Pound Digital Marketing Agency Deal

30:05 Executing the Turnaround Plan

36:56 Final Thoughts and Advice

** Looking for a great acquisition lawyer in the UK? Use mine! **

If you are looking for a lawyer in the UK to help you get the deal over the line, then use my own lawyer, John Andrews. You can phone his office at (0345) 2412494 or email him at johnandrews.deallawyer@jmw.co.uk.

Ready to get started?

Here’s how you can start your business buying journey…

Download our free Business Buying Toolkit
https://dealmakers.co.uk/business-buying-toolkit

Join our Business Acquisition FastTrack programme
https://www.dealmakers.co.uk/fast

Already bought a business?

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.