David C. Barnett
đ€ PersonAppearances Over Time
Podcast Appearances
Und dann wÀhlen sie nicht, oder sie kommen mit einer anderen Lösung, wie, oh, wir werden eine Google-Seite benutzen. Und wir werden Kalendereventeure erschaffen, sodass wir jeden Februar eine E-Mail an die Leute schicken werden, die wir im Jahr vorletzten. Ein zweijÀhriger Nachfolger, richtig? Das ist ein sehr einfaches System. Es kostet nichts. Es kostet nicht viel, um es zu implementieren.
Es gibt keinen Subscription-Fee dazu. Und wenn du es machst, kann es nur so effektiv sein, And what I've found is that when I talk with people who acquired businesses, is people will be very focused on the tactics of modern technology and tools that are available. And they'll say, look at this business. You know, the old guy who runs this business doesn't even know you can do this.
Es gibt keinen Subscription-Fee dazu. Und wenn du es machst, kann es nur so effektiv sein, And what I've found is that when I talk with people who acquired businesses, is people will be very focused on the tactics of modern technology and tools that are available. And they'll say, look at this business. You know, the old guy who runs this business doesn't even know you can do this.
Es gibt keinen Subscription-Fee dazu. Und wenn du es machst, kann es nur so effektiv sein, And what I've found is that when I talk with people who acquired businesses, is people will be very focused on the tactics of modern technology and tools that are available. And they'll say, look at this business. You know, the old guy who runs this business doesn't even know you can do this.
And there's AI that, and there's this little tool and that little tool. And boy, when I take over this business, I'm going to employ all this technology and we're going to make it so much more efficient because that guy just has a whiteboard and paperwork orders.
And there's AI that, and there's this little tool and that little tool. And boy, when I take over this business, I'm going to employ all this technology and we're going to make it so much more efficient because that guy just has a whiteboard and paperwork orders.
And there's AI that, and there's this little tool and that little tool. And boy, when I take over this business, I'm going to employ all this technology and we're going to make it so much more efficient because that guy just has a whiteboard and paperwork orders.
And then I talk with them a few months later in one of these follow-up calls and they go, holy cow, are those paperwork orders ever efficient? Yep. I had no idea.
And then I talk with them a few months later in one of these follow-up calls and they go, holy cow, are those paperwork orders ever efficient? Yep. I had no idea.
And then I talk with them a few months later in one of these follow-up calls and they go, holy cow, are those paperwork orders ever efficient? Yep. I had no idea.
Ja, also, wenn etwas auf Instagram heiĂ ist, wĂŒrde ich davon ausgehen. Danke, weil es, was es wirklich bedeutet, ist, dass es eine Menge Fools gibt, mit Geld, die es fangen, die nicht wissen, was sie tun, die sich willens ĂŒberzahlen fĂŒr Dinge und die Erwartungen in diesen Industrien auf die Seite der VerkĂ€ufer, dass sie diese verrĂŒckten Zahlen bekommen werden.
Ja, also, wenn etwas auf Instagram heiĂ ist, wĂŒrde ich davon ausgehen. Danke, weil es, was es wirklich bedeutet, ist, dass es eine Menge Fools gibt, mit Geld, die es fangen, die nicht wissen, was sie tun, die sich willens ĂŒberzahlen fĂŒr Dinge und die Erwartungen in diesen Industrien auf die Seite der VerkĂ€ufer, dass sie diese verrĂŒckten Zahlen bekommen werden.
Ja, also, wenn etwas auf Instagram heiĂ ist, wĂŒrde ich davon ausgehen. Danke, weil es, was es wirklich bedeutet, ist, dass es eine Menge Fools gibt, mit Geld, die es fangen, die nicht wissen, was sie tun, die sich willens ĂŒberzahlen fĂŒr Dinge und die Erwartungen in diesen Industrien auf die Seite der VerkĂ€ufer, dass sie diese verrĂŒckten Zahlen bekommen werden.
Also willst du die WettbewerbsfĂ€higkeit vermeiden. Und du weiĂt, Are there deals out there? I would say there are never deals. There are only changing levels of motivation. I referenced earlier how businesses sell for a relatively low multiple of cash flow.
Also willst du die WettbewerbsfĂ€higkeit vermeiden. Und du weiĂt, Are there deals out there? I would say there are never deals. There are only changing levels of motivation. I referenced earlier how businesses sell for a relatively low multiple of cash flow.
Also willst du die WettbewerbsfĂ€higkeit vermeiden. Und du weiĂt, Are there deals out there? I would say there are never deals. There are only changing levels of motivation. I referenced earlier how businesses sell for a relatively low multiple of cash flow.
So what that means is, if you own a great business, if you own a business earning you a quarter of a million dollars a year and you find out you could sell it for 600,000 to 750,000 dollars, why would you? That doesn't make any sense, right? You just keep that thing. And keep harvesting those profits year after year.
So what that means is, if you own a great business, if you own a business earning you a quarter of a million dollars a year and you find out you could sell it for 600,000 to 750,000 dollars, why would you? That doesn't make any sense, right? You just keep that thing. And keep harvesting those profits year after year.
So what that means is, if you own a great business, if you own a business earning you a quarter of a million dollars a year and you find out you could sell it for 600,000 to 750,000 dollars, why would you? That doesn't make any sense, right? You just keep that thing. And keep harvesting those profits year after year.
What ends up happening is one of the five things that creates a motivation for people to sell a business. And they're all personal. The first one is mental. Burnout, boredom and fatigue. So if the business owner gets to the point where he cringes and his stomach tightens up every time the cell phone rings, that's the time to get out. You don't want the anxiety or hassles of this business.