The Rise of Acquisition Entrepreneurship with Parham Parastaran

Parham Parastaran returns to Beyond 8 Figures to talk about acquisition entrepreneurship, shifting focus and his philanthropic work. Since his last visit, Parham exited his business for over $10M and now independently acquires mom and pop automotive stores. He’s also an advocate for entrepreneurs’ mental health. Catch up with Parham Parastaran on this week’s episode.On today’s podcast:Catching up with Parham since his last visit - 1:59Acquisition entrepreneurship and how Parastaran is acquiring independent stores - 6:51Merging acquired companies within your business - 9:34Activity in acquiring mom and pop businesses- 12:28How to find businesses that are selling - 17:00How the focus of an entrepreneur has changed for Parastaran - 22:23Being comfortable with not restructuring your acquisitions - 26:21Working by yourself vs working with partners/ a team - 29:33Learning from quitting and failures - 31:12How Parham stopped his limiting beliefs - 34:40How to dream big - 36:52If your business is built off of fire and not in organized steps, it will crash - 41:18Trends Parham is paying attention to - 42:36Parham’s philanthropy - 46:54Parham’s legacy - 49:14“The better psychologically sound I became, the better businessman I become.” - 51:33Key Takeaways: The goal is to make little change as possible when acquiring a businessYour second round of entrepreneurship will feel differentUntil you quit something, you don’t see what it isDon’t dream too lowTake care of your mind Connect with Parham Parastaran:Website: Perfect PainInstagram: @perfectpainbookFacebook: Parham ParastaranConnect with A.J. Lawrence:Website: ajlawrence.comEmail: [email protected]: @ajlawrenceLinkedIn: A.J. LawrenceFollow Beyond 8 Figures:Website: Beyond8Figures.comTwitter: @beyond8figures Facebook: Beyond 8 FiguresInstagram:@b8fpodcastEmail: [email protected]

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