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How2Exit: Buy, Don't Build - M&A of Small Businesses
Ronald P. Skelton
299 episodes
3 months ago
Welcome to How2Exit, the premier podcast for entrepreneurs, advisors, and everyone in between who wants to dive deep into the world of buying, growing, and selling small businesses valued below $20 million. Our mission is to equip you with the insights and strategies you need to succeed in the small business M&A space.

Join us as we talk to the best in the industry and explore the full process of buying, growing, and selling businesses. You'll gain invaluable knowledge from interviews with successful entrepreneurs who have navigated the M&A journey and experts who offer their wisdom on sourcing deals, building rapport, conducting due diligence, closing transactions, integrating acquisitions, and preparing for a successful exit. We cover it all, so you can make informed decisions and take calculated risks.

At How2Exit, we pride ourselves on providing an unmatched resource for those looking to thrive in the small business M&A world. Whether you're a seasoned entrepreneur, an aspiring business owner, or an advisor helping clients navigate the complex process, our podcast is your go-to source for the latest tips, trends, and real-world case studies.Tune in and discover the secrets to mastering small business M&A and achieving your goals in the world of entrepreneurship. Don't miss a single episode of How2Exit – subscribe now and unlock the full potential of your next business venture!

Keywords: small business, M&A, entrepreneurs, advisors, buying businesses, growing businesses, selling businesses, due diligence, sourcing deals, rapport building, closing transactions, integrating acquisitions, preparing to sell, interviews, experts, case studies, How2Exit.

Become a supporter of this podcast: https://www.spreaker.com/podcast/how2exit-buy-don-t-build-m-a-of-small-businesses--4859429/support.
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All content for How2Exit: Buy, Don't Build - M&A of Small Businesses is the property of Ronald P. Skelton and is served directly from their servers with no modification, redirects, or rehosting. The podcast is not affiliated with or endorsed by Podjoint in any way.
Welcome to How2Exit, the premier podcast for entrepreneurs, advisors, and everyone in between who wants to dive deep into the world of buying, growing, and selling small businesses valued below $20 million. Our mission is to equip you with the insights and strategies you need to succeed in the small business M&A space.

Join us as we talk to the best in the industry and explore the full process of buying, growing, and selling businesses. You'll gain invaluable knowledge from interviews with successful entrepreneurs who have navigated the M&A journey and experts who offer their wisdom on sourcing deals, building rapport, conducting due diligence, closing transactions, integrating acquisitions, and preparing for a successful exit. We cover it all, so you can make informed decisions and take calculated risks.

At How2Exit, we pride ourselves on providing an unmatched resource for those looking to thrive in the small business M&A world. Whether you're a seasoned entrepreneur, an aspiring business owner, or an advisor helping clients navigate the complex process, our podcast is your go-to source for the latest tips, trends, and real-world case studies.Tune in and discover the secrets to mastering small business M&A and achieving your goals in the world of entrepreneurship. Don't miss a single episode of How2Exit – subscribe now and unlock the full potential of your next business venture!

Keywords: small business, M&A, entrepreneurs, advisors, buying businesses, growing businesses, selling businesses, due diligence, sourcing deals, rapport building, closing transactions, integrating acquisitions, preparing to sell, interviews, experts, case studies, How2Exit.

Become a supporter of this podcast: https://www.spreaker.com/podcast/how2exit-buy-don-t-build-m-a-of-small-businesses--4859429/support.
Show more...
Entrepreneurship
Education,
Business,
Investing,
How To
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E275: How AI is Changing Small Business Forever – Jonathan Mast on Scaling After the Acquisition
How2Exit: Buy, Don't Build - M&A of Small Businesses
59 minutes
7 months ago
E275: How AI is Changing Small Business Forever – Jonathan Mast on Scaling After the Acquisition
Watch Here: https://youtu.be/Q2QTYAN7Juo

About the Guest: 
Jonathan Mast isn’t your typical AI guru. At 55, with a Gandalf-like beard and 20 years in digital marketing, he’s positioned himself as the “voice of reason” in a landscape full of overhype and under-delivery. His company, White Beard Strategies, teaches business owners how to use AI without losing their minds—or their margins. Mast’s approach blends deep industry experience with a no-nonsense communication style. He’s not selling pipe dreams; he’s offering a toolkit.

Summary:
In this refreshingly candid episode of the How2Exit Podcast, Ron Skelton flips the usual script. Instead of diving into how to buy or sell companies, he sits down with Jonathan Mast—founder of White Beard Strategies and self-declared AI pragmatist—to tackle a more pressing question: Now that you've bought a business, how do you scale it with AI? With a long white beard and a sharper edge on reality than most AI evangelists or fearmongers, Mast offers a grounded, practical view of how artificial intelligence is changing the game for business owners. From cutting costs without cutting quality, to using AI as a "force multiplier" for human creativity, the conversation strips away the hype and lays down a roadmap that business buyers and owners can actually use.

Key Takeaways:
  1. AI is an “Easier Button,” Not an Easy Button: Mast cautions that AI won’t magically solve all your problems—but it will streamline, accelerate, and amplify your existing business processes if used right.
  2. Prompt Engineering is Just Delegation 2.0: The most effective prompts treat AI like a new hire—tell it what role it’s playing, what task you need, what the output should look like, and give it context. Then ask, “Do you have any questions?”
  3. AI Won’t Replace Humans—But Humans Who Use AI Will Replace Those Who Don’t: The real risk isn’t AI taking your job—it’s your competitor using AI better than you and outpacing your entire operation.
  4. Agents Are the Next Frontier: Current tools still need your input, but AI agents—autonomous task-doers with goals instead of prompts—are coming. These could revolutionize business ops by handling repetitive, logic-based tasks with little oversight.
  5. AI Is a Skill Multiplier: A mediocre copywriter becomes competent with AI. A great copywriter becomes world-class. AI doesn’t level the playing field—it widens the gap between skilled and unskilled.
  6. Bias Is Inevitable—Just Like in Humans: Every AI model reflects the biases of its creators. That doesn’t invalidate its usefulness, but it does mean you need to be vigilant about aligning its output with your brand’s tone and truth.
  7. Business Intelligence on Steroids: Jonathan envisions a near future where agents will analyze data from every platform—Google Analytics, YouTube, LinkedIn—and proactively suggest growth strategies without human prompting.
  8. Start Small, Start Now: You don’t need to be an engineer or visionary to benefit. Begin with basic tasks like drafting emails, summarizing reports, or analyzing transactions—and build from there.

--------------------------------------------------
Contact Jonathan on
Linkedin: https://www.linkedin.com/in/jonathanjmast/
Website: http://whitebeardstrategies.com/
--------------------------------------------------
💰If you’d like additional ways to support this podcast, you can become a paid subscriber here: https://how2exit.substack.com/

►Visit Our Website: https://www.how2exit.com/

📧For Business Inquiries: Me@4sale2sold.com

Don't Forget to SUBSCRIBE to the How2Exit channel and press (🔔) to join the Notification Squad and stay updated with new uploads.✨

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𝐖𝐚𝐧𝐭 𝐭𝐨 𝐬𝐞𝐞 𝐦𝐨𝐫𝐞 𝐜𝐨𝐧𝐭𝐞𝐧𝐭 𝐥𝐢𝐤𝐞...
How2Exit: Buy, Don't Build - M&A of Small Businesses
Welcome to How2Exit, the premier podcast for entrepreneurs, advisors, and everyone in between who wants to dive deep into the world of buying, growing, and selling small businesses valued below $20 million. Our mission is to equip you with the insights and strategies you need to succeed in the small business M&A space.

Join us as we talk to the best in the industry and explore the full process of buying, growing, and selling businesses. You'll gain invaluable knowledge from interviews with successful entrepreneurs who have navigated the M&A journey and experts who offer their wisdom on sourcing deals, building rapport, conducting due diligence, closing transactions, integrating acquisitions, and preparing for a successful exit. We cover it all, so you can make informed decisions and take calculated risks.

At How2Exit, we pride ourselves on providing an unmatched resource for those looking to thrive in the small business M&A world. Whether you're a seasoned entrepreneur, an aspiring business owner, or an advisor helping clients navigate the complex process, our podcast is your go-to source for the latest tips, trends, and real-world case studies.Tune in and discover the secrets to mastering small business M&A and achieving your goals in the world of entrepreneurship. Don't miss a single episode of How2Exit – subscribe now and unlock the full potential of your next business venture!

Keywords: small business, M&A, entrepreneurs, advisors, buying businesses, growing businesses, selling businesses, due diligence, sourcing deals, rapport building, closing transactions, integrating acquisitions, preparing to sell, interviews, experts, case studies, How2Exit.

Become a supporter of this podcast: https://www.spreaker.com/podcast/how2exit-buy-don-t-build-m-a-of-small-businesses--4859429/support.