Jordan Novgrod sold his house, tapped his 401k, and went all-in to buy an $800k SDE business he found on BizBuySell.
Topics in Jordan's interview:
- Finding a great business on BizBuySell
- Blogging the search process
- Key rule of thumb on SDE
- Importance of buyer-seller chemistry
- Machine shop businesses - pros & cons
- Transferring key relationships post-sale
- Day 1 speech
- How Jordan built rapport with his new employees
Links & how to reach Jordan:
- Rich Dad Poor Dad
- Sweaty Startup
- Search Investment Group (SIG)
- Jordan's substack: Small Business Acquisition
- @JordanNovgrod
Get complimentary due diligence on your acquisition's insurance & benefits program:
- Oberle Risk Strategies - Search Fund Team
Learn more about Walker Deibel's done-with-you buy-side advisory:
- The Acquisition Lab
Connect with Acquiring Minds:
- See past + future interviews on the YouTube channel
- Connect with host Will Smith on LinkedIn
- Follow Will on Twitter