$20m Net Worth After 25 Years Buying Businesses
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$20m Net Worth After 25 Years Buying Businesses
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About this listen
He started by buying a small flooring business in 2000. Today Paul Lajoie takes home $1m a year and works how he wants.
Register for the webinar:
- Why Deal Flow Isn’t Your Biggest Problem - TOMORROW! - https://bit.ly/4ah8L1E
Topics in Paul’s interview:
- Background in Big Six accounting
- Buying the first business he looked at
- Partnering with his brother
- Downsizing his lifestyle in the beginning
- Underestimating working capital needs
- Detailed partnership agreements
- You are not smarter than the seller
- Pivoting to remodeling after 2008 crash
- Acquisition vs startup success rates
- His BizBuyPro community
References and how to contact Paul:
- paul@bizbuypro.com
- Kiplinger Today Newsletter
- Confessions of a Millionaire
- Gobundance
Learn more about Walker Deibel's done-with-you buy-side advisory:
- The Acquisition Lab
Get complimentary due diligence on your acquisition's insurance & benefits program:
- Oberle Risk Strategies - Search Fund Team
Download the New CEO’s Guide to Human Resources from Aspen HR:
- From this page or contact jenny@aspenhr.com
Connect with Acquiring Minds:
- See past + future interviews on the YouTube channel
- Connect with host Will Smith on LinkedIn
- Follow Will on Twitter
Edited by Anton Rohozov
Produced by Pam Cameron
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