Buy Then Build author Walker Deibel is on the Cold Star Project, and host Jason Kanigan is asking some tough questions. Rather than building a business from scratch, Walker recommends buying an existing business with a proven market that's interested in what you want to sell. We discuss:
- What Walker says when people have the belief that you must have lots of cash available to be able to buy an existing business
- What the biggest “yeah but” is he's encountered from people who have read the book
- What Walker recommends to do when you’ve found a business where one partner is eager to sell, but other partners are not
- When a mechanism like a leveraged buyout is a bad idea
- Why operations as a topic isn't covered much in By Then Build, while the “math of the business” is well covered
- What sort of problems company owners approach him about helping them fix, and whether they often have the wrong idea about what you do, or are typically “pre-sold”.
Four opportunity quadrants screenshot: https://coldstarproject.com/deibelquadrants
Buy Then Build on Amazon (NOT an affiliate link): https://coldstarproject.com/buythenbuild
Buy Then Build website: https://buythenbuild.com/
Talk to Cold Star: https://coldstartech.com/bookcall