In this episode of Business Buying Strategies, Jonathan presents a third special compilation episode featuring highlights and insights from 2024 episodes. This includes pragmatic advice on the buy and build strategy, financial management, staff training, and the psychological dynamics of business buyouts.
With input from Jonathan's personal M&A lawyer, John Andrews, and featuring talks from experts like Vicky Espin on overcoming imposter syndrome, and Andy Hemming on business cycles and KPIs, this episode offers tactical guidance for those looking to buy businesses without risking their own cash.
Key moments
00:00 Introduction to Business Buying Strategies
01:27 Understanding the Buy and Build Strategy
05:45 The Importance of Training and Management
09:29 De-risking by Tying in the Seller
19:57 The Psychology of Buying and Selling a Business
27:58 Overcoming Imposter Syndrome in Business Buying
29:21 Understanding Imposter Syndrome
30:00 The Importance of Business Motivation
30:41 Exploring Personal Values
32:56 The Power of Coaching
34:39 Taking Action in Business
36:09 Defining Imposter Syndrome
37:37 Origins of Imposter Syndrome
40:17 Addressing Imposter Syndrome
46:44 Nigel Risner's Insights
48:34 The Role of Self-Talk
53:14 Learning from Successful Businesses
55:21 Conclusion and Resources
** 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.