buybiz
/buybiz185
Where Farcaster convenes to discuss buying / selling small businesses.
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2455
notdevin
@notdevin.eth·00:51 11/06/2024
Which DAOs out there with a solid TVL and a strong interest in mountain resort property (whistler) wants the alpha on this distressed normie org with a serious budget crisis and a super valuable asset?
Who wants to buy a small business together and “web3-ify” it?
Would you ever consider purchasing a small business?
Why / why not?
Why / why not?
"Buy then Build" got me hooked on the concept of acquisition entrepreneurship. Its worth checking out.
https://www.amazon.com/Buy-Then-Build-Acquisition-Entrepreneurs-ebook/dp/B07JKM2F5Q
https://www.amazon.com/Buy-Then-Build-Acquisition-Entrepreneurs-ebook/dp/B07JKM2F5Q
Some of the most well known founders (I.e., Elon Musk) have taken a “buy then build” strategy.
It's one I think we’ll see even more of thanks to LLMs.
It's one I think we’ll see even more of thanks to LLMs.
Biz acquisition (and mgmt) is time consuming, but done well there's lots of upside.
I've often wondered if other people exist who, like me, on nights & weekends:
- develop investment theses
- source & diligence deals
There should be a better way to
collaborate and draft off each other’s work.
I've often wondered if other people exist who, like me, on nights & weekends:
- develop investment theses
- source & diligence deals
There should be a better way to
collaborate and draft off each other’s work.
Businesses I’ve looked at buying (and passed on so far):
- pest control
- car wash
- gas station
- adult daycare
- laundry mat
- HVAC
- rehab centers
- dry cleaning
Why? - 1. SMB buying got overheated during ZIRP, 2. I didn't want to buy myself a job
- pest control
- car wash
- gas station
- adult daycare
- laundry mat
- HVAC
- rehab centers
- dry cleaning
Why? - 1. SMB buying got overheated during ZIRP, 2. I didn't want to buy myself a job
If you've sold a business before, what was your experience like?
Hello world! If you've considered buying a small business (or own one already), this channel is for you!
