• The Double Life of Owning a Business 2.5 Hours Away

  • Apr 22 2024
  • Length: 1 hr and 31 mins
  • Podcast
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The Double Life of Owning a Business 2.5 Hours Away

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  • Summary

  • Get $200 off your ticket to the M&A Launchpad Conference in Houston on May 11th:

    • https://www.malaunchpad.com & enter code ACQUIRINGMINDS


    John Murphy pushed through divorce, $500k debt, and a bad broken deal to finally buy a 60-year-old business doing $8m.

    Topics in John’s interview:

    • Losing a deal one week before closing
    • Value of peer groups
    • How real estate compares to business ownership
    • Taking over a company before the deal closed
    • Unforseen transition expenses
    • Carl Allen’s business buying course
    • Leaving his W-2 to search for a business
    • Value of joining industry associations
    • Restructuring his workforce to increase margins
    • Buying a company with a management layer

    References and how to contact John:

    • LinkedIn
    • Dave Cole Decorators
    • John@dcd-inc.com

    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

    Connect with Acquiring Minds:

    • See past + future interviews on the YouTube channel
    • Connect with host Will Smith on LinkedIn
    • Follow Will on Twitter
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