Steven has been in business for almost 15 years. He has started, built, acquired and sold several companies.
He is 1 of 3 partners within Monopoli Capital, who are on a mission to help small business owners grow, scale and exit their businesses for life changing sums of money. He is also the host of the Built Different Podcast.
Steven shares tips, insights and strategies to help small business owners and aspiring entrepreneurs to level up in life and business
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Steven has been in business for almost 15 years. He has started, built, acquired and sold several companies.
He is 1 of 3 partners within Monopoli Capital, who are on a mission to help small business owners grow, scale and exit their businesses for life changing sums of money. He is also the host of the Built Different Podcast.
Steven shares tips, insights and strategies to help small business owners and aspiring entrepreneurs to level up in life and business
Buy a Business Without Breaking the Bank: Insider Strategies - Built Different
Built Different with Steven Pettigrew
11 minutes 7 seconds
8 months ago
Buy a Business Without Breaking the Bank: Insider Strategies - Built Different
In this solo episode of the Built Different Podcast, host Stephen Pettigrew dives into various strategies for buying a business without using your own money. He discusses the risks and benefits of different approaches, including leverage buyouts (LBOs), seller financing, consulting for equity, and using investor funds. Stephen shares insights from his own experiences and provides practical advice on structuring deals to protect buyers from potential pitfalls. He emphasizes the importance of avoiding personal guarantees and offers additional resources for those looking to learn more about business acquisitions.
Timestamps:
00:00 Introduction and Initial Thoughts
01:16 Welcome to the Built Different Podcast
01:59 Why Buy a Business?
03:17 Understanding Leverage Buyouts (LBOs)
04:07 Risks of Leveraged Buyouts
06:17 Alternative Business Buying Strategies
06:43 Seller Financing Explained
09:00 Consulting for Equity
11:12 Using Investor Funds
12:03 Conclusion and Additional Resources
Built Different with Steven Pettigrew
Steven has been in business for almost 15 years. He has started, built, acquired and sold several companies.
He is 1 of 3 partners within Monopoli Capital, who are on a mission to help small business owners grow, scale and exit their businesses for life changing sums of money. He is also the host of the Built Different Podcast.
Steven shares tips, insights and strategies to help small business owners and aspiring entrepreneurs to level up in life and business