Wednesday, January 15, 2020

UGG-ly business #startup. Even a million dollar idea can cost years.


I’m going to start an amazing business and become a millionaire!

So many have had this dream.

Let me introduce you to someone who did it and what it really took to pull off…

Brian Smith is an Australian who moved to California to surf and meet girls.

He found his fortunes in importing sheep skin boots from Australia, but the path of that journey should make any excited entrepreneur stop and think.

Especially if you’ve got responsibilities like a mortgage, children, small pets, etc.

Watch the video here: https://youtu.be/cZbm0LO6lsM



Learn how to buy an already-successful and profitable business: https://www.BusinessBuyerAdvantage.com   

Book a call with me at https://www.clarity.fm/davidbarnett  

Stop missing my videos and other news. Join my email list here: https://www.DavidCBarnettList.com   

#entrepreneurship #smallbiz #startup #ugg 


Monday, January 13, 2020

The business of selling a business

I love the sound of an old-fashioned cash register...



Dishon and I discuss selling a business.  It was a great interview.  Find it here on Stitcher and other podcast platforms.

https://www.stitcher.com/podcast/jamin-armstead/everything-chaching?refid=stpr

Wednesday, January 8, 2020

Licenses and Permits when buying a business. How to Buy a small business.


If I can’t get the liquor license in time, should I delay the closing?

Well, I would.

Licenses and permits are your key to enter the weird world of government bureaucracy.

Sometimes it’s quick and easy.

Sometimes you have to wait 30 days and tell all the neighbours.

The thing to know though is that these rules change depending on which city, state, province or country you’re in.

Let me share some of my experiences when it comes to licenses and permits when buying small businesses.

Watch the video here: https://youtu.be/M8UH6Y2LrBM



Learn how to buy an already-successful and profitable business: https://www.BusinessBuyerAdvantage.com   

Book a call with me at https://www.clarity.fm/davidbarnett  

Stop missing my videos and other news. Join my email list here: https://www.DavidCBarnettList.com   

#entrepreneurship #smallbiz #license #permit #foodhandling #kitchen #bar

Tuesday, December 24, 2019

Some friends stopped by for my 2019 Live Christmas Eve Special...


Some friends dropping by.


It’s the holidays so I invited some of my SmallBiz friends to drop by for a bit of a party.

Join us for some cheer and fun conversation.  Here’s who I invited…

Mike Finger, a former business owner, business broker and consultant who helps business owners prepare their businesses for sale.

Henry Lopez, former car wash and suite salon owner and current co-working space and frozen yogurt shop owner will be visiting too.  Henry is also a business coach and the host of the How of Business Podcast.

Marc Mawhinney, Three-time business owner and business coach to coaches will be stopping in.  Marc is the host of the Natural Born Coaches Podcast.

Finally, I’ve got Rick Nicholson who will be visiting near the end.  Rick has owned seven different food/coffee businesses over the years and is a Wizard of Ads partner with Roy H Williams’ Austin, TX based organization.

Watch the party here on YouTube: https://youtu.be/WFX4dOPSkQM

You can also hear the audio on Apple Podcasts, Spotify, SoundCloud and other platforms by searching up David C Barnett Small Business and Deal Making.

Learn how to buy a successful business at https://www.BusinessBuyerAdvantage.com

Get an Audible subscription and listen to my book Franchise Warnings: What you Really Need to Know Before you Buy for FREE.

Book a call with me at https://www.clarity.fm/davidbarnett  

Stop missing my videos and other news. Join my email list here: https://www.DavidCBarnettList.com   

Cheers and Merry Christmas

David C Barnett

Wednesday, December 18, 2019

What you should learn from your job before you become a business owner. How to Buy a Business


What should you try to learn from your job?

If I let you learn how to drive with my car before you bought one of your own, would you?

There is a great advantage in gaining experience.

Especially before mistakes will cost you money from your own pocket.

This week I answer a question from a Business Buyer Advantage student who wanted to know what he should try to learn from his job before he buys a business.

Watch the interview here: https://youtu.be/wI0nmhgz5OI



Learn how to buy a successful business at https://www.BusinessBuyerAdvantage.com

Get an Audible subscription and listen to my book Franchise Warnings: What you Really Need to Know Before you Buy for FREE.

Book a call with me at https://www.clarity.fm/davidbarnett 

Stop missing my videos and other news. Join my email list here: https://www.DavidCBarnettList.com 

Cheers

David C Barnett

Wednesday, December 11, 2019

Robert Gale has bought or invested in over 20 distressed businesses. How To Buy a Business



Veteran entrepreneur and investor in distressed businesses tells us how.

Have you ever thought of buying a failing or distressed business?

Some people say this is how you get a good deal.

Does it all come down to purchase price though or is there more to this?

I interview experienced distressed business investor Robert Gale from Rothesay Capital Partners who has taken on the challenge of over 20 such businesses in his career.

Listen to some of the lessons that Robert has learned and learn about some of the challenges of this type of business acquisition/investing.

Watch the interview here: https://youtu.be/Cf0e4so9b1c



Learn how to buy a successful business at https://www.BusinessBuyerAdvantage.com

Get an Audible subscription and listen to my book Franchise Warnings: What you Really Need to Know Before you Buy for FREE.

Book a call with me at https://www.clarity.fm/davidbarnett  

Stop missing my videos and other news. Join my email list here: https://www.DavidCBarnettList.com   

#entrepreneurship #smallbiz #distressed  

Wednesday, December 4, 2019

Mark Willis talks about Life Insurance as an liquidity tool



Creating your own financial resiliency.

What if you could borrow money whenever you wanted and didn’t have to get an approval?

This week, I discuss an interesting concept in financial planning that’s been used for over 100 years by wealthy individuals and corporations.

In fact, while I was reading Empire of Imagination, the story of Gary Gygax, creator of Dungeons and Dragons, I learned that the very first edition of D&D was financed using the technique outlined in this interview.

It could be something that you decide to make a part of your wealth planning.

Let’s listen to Mark Willis about how some people are creating options for themselves based on the type of insurance they buy: https://youtu.be/OMlvcxWROag



Learn how to buy a successful business at https://www.BusinessBuyerAdvantage.com

Get an Audible subscription and listen to my book Franchise Warnings: What you Really Need to Know Before you Buy for FREE.

Book a call with me at https://www.clarity.fm/davidbarnett  

Stop missing my videos and other news. Join my email list here: https://www.DavidCBarnettList.com   

#entrepreneurship #financing #smallbiz