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Business Buyer Diaries: the Reality Before, During, and After

Business Buyer Diaries: the Reality Before, During, and After

Nathan Platter

<p>Welcome to the Business Buyer Diaries. My name is Nathan Platter, I&rsquo;m a full-time employee, and I bought a business! I did everything right from finding the deal, handling due diligence on 63 different opportunities, and ultimately buying a profitable gym, and boy was I in for a surprise as a new owner! I chronicle everything in real time, including the biggest wins to the stressful nights at 2am. I&rsquo;m sharing my journey without sugarcoating anything, so you don&rsquo;t repeat the same mistakes I do.</p>
<p>Join the Business Buyers Club! <br>
https://businessbuyersclub.com/memberships <br>
Enter code 070499</p>
<p>Learn Due Diligence for yourself! <br>
https://dealacademy.app.clientclub.net/courses/offers/75e59f69-9746-4b94-a6cd-562bcc9347d1 <br>
Enter code</p>
<p>SanterMedia, my goto Gym Marketing Agency <br>
https://go.santermedia.com/nathan <br>
Tell them Nathan sent you!</p>

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Top 10 Business Buyer Diaries: the Reality Before, During, and After Episodes

Goodpods has curated a list of the 10 best Business Buyer Diaries: the Reality Before, During, and After episodes, ranked by the number of listens and likes each episode have garnered from our listeners. If you are listening to Business Buyer Diaries: the Reality Before, During, and After for the first time, there's no better place to start than with one of these standout episodes. If you are a fan of the show, vote for your favorite Business Buyer Diaries: the Reality Before, During, and After episode by adding your comments to the episode page.

Business Buyer Diaries: the Reality Before, During, and After - 346. Be crystal clear on words, impact, practical next steps, and security

346. Be crystal clear on words, impact, practical next steps, and security

Business Buyer Diaries: the Reality Before, During, and After

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Understanding the nuances of business terminology can be more critical than one might imagine, especially when words like "redacted" can spark unnecessary panic. Picture this: a miscommunication about document edits between myself and the GM had me envisioning blacked-out contracts, akin to scenes from a spy thriller. In this episode, I recount the importance of ultra-clear communication, the process of transitioning sensitive documents from physical storage to a secure digital platform, and the lessons learned in handling these delicate situations. By prioritizing secure file management, I've discovered how integral it is to maintain clarity, ultimately benefiting both operations and peace of mind.
Navigating the complexities of winding down a business while honoring commitments to employees presents its own set of challenges. As the GM prepares to transition out, I'm faced with financial constraints and the daunting task of balancing payroll and severance for my team. Despite the pressures, my focus remains on reducing liability and expenses, even if it means making tough decisions that offer no immediate value. This candid conversation reflects the emotional and practical realities of these transitions, as I strive to keep the business ethical and operational during these turbulent times. Join me on this journey as we tackle these hurdles with determination and a commitment to integrity.

Support the show

Send us a text

Understanding the nuances of business terminology can be more critical than one might imagine, especially when words like "redacted" can spark unnecessary panic. Picture this: a miscommunication about document edits between myself and the GM had me envisioning blacked-out contracts, akin to scenes from a spy thriller. In this episode, I recount the importance of ultra-clear communication, the process of transitioning sensitive documents from physical storage to a secure digital platform, and the lessons learned in handling these delicate situations. By prioritizing secure file management, I've discovered how integral it is to maintain clarity, ultimately benefiting both operations and peace of mind.
Navigating the complexities of winding down a business while honoring commitments to employees presents its own set of challenges. As the GM prepares to transition out, I'm faced with financial constraints and the daunting task of balancing payroll and severance for my team. Despite the pressures, my focus remains on reducing liability and expenses, even if it means making tough decisions that offer no immediate value. This candid conversation reflects the emotional and practical realities of these transitions, as I strive to keep the business ethical and operational during these turbulent times. Join me on this journey as we tackle these hurdles with determination and a commitment to integrity.

Support the show

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12/16/24 • 4 min

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Business Buyer Diaries: the Reality Before, During, and After - 359. Helped an interested buyer evaluate another opportunity for sale

359. Helped an interested buyer evaluate another opportunity for sale

Business Buyer Diaries: the Reality Before, During, and After

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Ever found yourself teetering on the edge of financial chaos, struggling to maintain a balance between personal peace and business demands? Join me in this episode as I share my personal journey through the unpredictable world of managing both household and business finances with my sale-savvy yet frugal wife. We confront the harsh realities of unexpected expenses that push us into overdrafts and the looming specter of bankruptcy, all while preparing for a crucial corporate meeting. The emotional rollercoaster of entrepreneurship is laid bare, showcasing the difficult decisions and resilience required when financial insecurity hits home.
Shifting gears, let's unpack the allure and realities of so-called "boring businesses," often overshadowed by glamorous entrepreneurial success stories. I explore why asset-based ventures, like owning rental properties or equipment, offer a stability that many fast-paced businesses lack. Learn from my insights on networking and leveraging others' experiences to steer clear of common pitfalls. Resilience and continuous learning in entrepreneurship aren't just buzzwords—they are survival tactics. This episode promises a candid exploration of the mental challenges that entrepreneurs face and offers a road map for staying motivated amidst adversity.

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Send us a text

Ever found yourself teetering on the edge of financial chaos, struggling to maintain a balance between personal peace and business demands? Join me in this episode as I share my personal journey through the unpredictable world of managing both household and business finances with my sale-savvy yet frugal wife. We confront the harsh realities of unexpected expenses that push us into overdrafts and the looming specter of bankruptcy, all while preparing for a crucial corporate meeting. The emotional rollercoaster of entrepreneurship is laid bare, showcasing the difficult decisions and resilience required when financial insecurity hits home.
Shifting gears, let's unpack the allure and realities of so-called "boring businesses," often overshadowed by glamorous entrepreneurial success stories. I explore why asset-based ventures, like owning rental properties or equipment, offer a stability that many fast-paced businesses lack. Learn from my insights on networking and leveraging others' experiences to steer clear of common pitfalls. Resilience and continuous learning in entrepreneurship aren't just buzzwords—they are survival tactics. This episode promises a candid exploration of the mental challenges that entrepreneurs face and offers a road map for staying motivated amidst adversity.

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12/29/24 • 14 min

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Business Buyer Diaries: the Reality Before, During, and After - 286. A vendor made a mistake months ago and called to make it right, never would’ve known otherwise

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Imagine discovering a financial oversight that went unnoticed for months, impacting not just your business but also your personal life. That's exactly what happened when my former CPA called with news of a double-payment error that had slipped through the cracks, resulting in unexpected financial strain. However, this story takes a turn as my CPA stepped up to take responsibility, offering a gesture of integrity that turned a tough situation into a moment of gratitude. Listen as I recount this experience and explore how it reshaped my understanding of professional accountability.
This episode isn't just about financial mishaps; it's a raw exploration of the emotional challenges that come with running a business under pressure. I'll share how this crisis pushed me to open up to my wife about our financial struggles, highlighting the invaluable support she provided. This journey has not only led me to appreciate the importance of honest communication at home, but also inspired me to extend the same transparency and respect to my clients and colleagues. Join me for a heartfelt conversation about setting new standards in professional relationships and the powerful impact of unwavering support in times of uncertainty.

Support the show

Send us a text

Imagine discovering a financial oversight that went unnoticed for months, impacting not just your business but also your personal life. That's exactly what happened when my former CPA called with news of a double-payment error that had slipped through the cracks, resulting in unexpected financial strain. However, this story takes a turn as my CPA stepped up to take responsibility, offering a gesture of integrity that turned a tough situation into a moment of gratitude. Listen as I recount this experience and explore how it reshaped my understanding of professional accountability.
This episode isn't just about financial mishaps; it's a raw exploration of the emotional challenges that come with running a business under pressure. I'll share how this crisis pushed me to open up to my wife about our financial struggles, highlighting the invaluable support she provided. This journey has not only led me to appreciate the importance of honest communication at home, but also inspired me to extend the same transparency and respect to my clients and colleagues. Join me for a heartfelt conversation about setting new standards in professional relationships and the powerful impact of unwavering support in times of uncertainty.

Support the show

play

10/17/24 • 7 min

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Business Buyer Diaries: the Reality Before, During, and After - 285. You have far more creativity and opportunity than you realize

285. You have far more creativity and opportunity than you realize

Business Buyer Diaries: the Reality Before, During, and After

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Neglecting one core area of life can spill over into others, much like my recent struggle with maintaining a disciplined workout routine. This personal reflection became the springboard for an insightful exploration into how personal discipline fuels professional growth. An invigorating hour-long run not only recharged my spirits but also reminded me of our untapped potential, inspired by a timeless Audible book. This episode is a candid look at how pushing past perceived limits in fitness can empower us to tackle challenges in spirit and business, maintaining a harmonious balance across life's domains.
Shifting gears, the conversation turns to the harsh realities of financial constraints in business. I've opened up about considering various strategies to keep the business afloat, from drawing on personal lines of credit to contemplating the use of 401k funds. Amid these challenges, my aspirations to transition into people management at work reveal a strategic path for both professional advancement and financial stability. This episode offers insights into navigating life's challenges with resilience and resourcefulness, illustrating how a thoughtful approach to career advancement can serve as a stabilizing force in turbulent times.

Support the show

Send us a text

Neglecting one core area of life can spill over into others, much like my recent struggle with maintaining a disciplined workout routine. This personal reflection became the springboard for an insightful exploration into how personal discipline fuels professional growth. An invigorating hour-long run not only recharged my spirits but also reminded me of our untapped potential, inspired by a timeless Audible book. This episode is a candid look at how pushing past perceived limits in fitness can empower us to tackle challenges in spirit and business, maintaining a harmonious balance across life's domains.
Shifting gears, the conversation turns to the harsh realities of financial constraints in business. I've opened up about considering various strategies to keep the business afloat, from drawing on personal lines of credit to contemplating the use of 401k funds. Amid these challenges, my aspirations to transition into people management at work reveal a strategic path for both professional advancement and financial stability. This episode offers insights into navigating life's challenges with resilience and resourcefulness, illustrating how a thoughtful approach to career advancement can serve as a stabilizing force in turbulent times.

Support the show

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10/16/24 • 7 min

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Business Buyer Diaries: the Reality Before, During, and After - 284. Decision made to fire toxic employee, posted a job, started my Skool

284. Decision made to fire toxic employee, posted a job, started my Skool

Business Buyer Diaries: the Reality Before, During, and After

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What happens when leadership meets compassion in the business world? Join me as I navigate the stormy waters of employee insubordination and the relentless pursuit of profitability. This episode sheds light on the delicate balance between understanding and action, as we confront the disruptive behavior of an insubordinate team member. With the weight of past experiences of sudden job loss on my shoulders, I explore the complexity of making difficult decisions that impact both the individual and the broader team. As I wrestle with this critical juncture, I reflect on the guidance from mentors who urge a decisive approach for the sake of the company’s future.
Embarking on a transformational journey, I take you through the strategic yet emotionally charged process of transitioning away from a toxic presence in the workplace. With energy and optimism, I share the steps involved in bolstering our team with fresh talent while ensuring a seamless transition. As resumes flood in, and interviews unfold, we prepare to say goodbye to the challenging employee, offering a three-week severance as a token of compassion and closure. This pivot, though unexpected, sets the stage for a renewed focus on productivity and positivity, embracing the challenges ahead with renewed vigor and a clear vision for success.

Support the show

Send us a text

What happens when leadership meets compassion in the business world? Join me as I navigate the stormy waters of employee insubordination and the relentless pursuit of profitability. This episode sheds light on the delicate balance between understanding and action, as we confront the disruptive behavior of an insubordinate team member. With the weight of past experiences of sudden job loss on my shoulders, I explore the complexity of making difficult decisions that impact both the individual and the broader team. As I wrestle with this critical juncture, I reflect on the guidance from mentors who urge a decisive approach for the sake of the company’s future.
Embarking on a transformational journey, I take you through the strategic yet emotionally charged process of transitioning away from a toxic presence in the workplace. With energy and optimism, I share the steps involved in bolstering our team with fresh talent while ensuring a seamless transition. As resumes flood in, and interviews unfold, we prepare to say goodbye to the challenging employee, offering a three-week severance as a token of compassion and closure. This pivot, though unexpected, sets the stage for a renewed focus on productivity and positivity, embracing the challenges ahead with renewed vigor and a clear vision for success.

Support the show

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10/15/24 • 13 min

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Business Buyer Diaries: the Reality Before, During, and After - 238. How to be the worlds best employee (and it’s who you want to hire)

238. How to be the worlds best employee (and it’s who you want to hire)

Business Buyer Diaries: the Reality Before, During, and After

Send us a text

Ever found yourself wrestling with a problem at work that just won't let up? I've been there, and in this revelatory episode, I'm peeling back the layers of a coding conundrum that had me stumped for days. But, here's the twist: the journey to a breakthrough illuminated an invaluable lesson about value creation in the workplace. Join me as I recount how an ordinary one-on-one with my manager morphed into a strategy session, not only unlocking the door to my own issue but also paving the way for a potential leadership role with summer interns. It's a tale that transcends the technicalities of software development and delves into the core of what makes an employee truly indispensable.
This is a story for anyone seeking to become the linchpin of their team. We dissect the dream scenario where your staff anticipates challenges and tackles them with your vision in mind. But it's not all smooth sailing; we also confront the drawbacks of over-reliance on guidance. Whether you're scaling the corporate heights or constructing your own business empire, I'm dishing out practical strategies to amplify your worth and propel organizational growth. So tune in, as we take apart the essence of problem-solving and explore the extraordinary value of those who skillfully navigate workplace challenges with autonomy and finesse.

Business Buyers Club
Enter 070499 at checkout. Network and connect with other Acquisition Experts!
Learn DIY Due Diligence
Get training from an Acquisitions Attorney to become a DIY Due Diligence buyer!
SanterMedia - My goto Marketing Agency
My studio was struggling with leads and this agency goy my lead volume to 150% of goal.
Disclaimer: This post contains affiliate links. If you make a purchase, I may receive a commission at no extra cost to you.

Support the show

Send us a text

Ever found yourself wrestling with a problem at work that just won't let up? I've been there, and in this revelatory episode, I'm peeling back the layers of a coding conundrum that had me stumped for days. But, here's the twist: the journey to a breakthrough illuminated an invaluable lesson about value creation in the workplace. Join me as I recount how an ordinary one-on-one with my manager morphed into a strategy session, not only unlocking the door to my own issue but also paving the way for a potential leadership role with summer interns. It's a tale that transcends the technicalities of software development and delves into the core of what makes an employee truly indispensable.
This is a story for anyone seeking to become the linchpin of their team. We dissect the dream scenario where your staff anticipates challenges and tackles them with your vision in mind. But it's not all smooth sailing; we also confront the drawbacks of over-reliance on guidance. Whether you're scaling the corporate heights or constructing your own business empire, I'm dishing out practical strategies to amplify your worth and propel organizational growth. So tune in, as we take apart the essence of problem-solving and explore the extraordinary value of those who skillfully navigate workplace challenges with autonomy and finesse.

Business Buyers Club
Enter 070499 at checkout. Network and connect with other Acquisition Experts!
Learn DIY Due Diligence
Get training from an Acquisitions Attorney to become a DIY Due Diligence buyer!
SanterMedia - My goto Marketing Agency
My studio was struggling with leads and this agency goy my lead volume to 150% of goal.
Disclaimer: This post contains affiliate links. If you make a purchase, I may receive a commission at no extra cost to you.

Support the show

play

06/11/24 • 5 min

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Business Buyer Diaries: the Reality Before, During, and After - 237. Post quarterly training, the clouds are clearing and we’re going to have a STELLAR month!

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Ever found yourself obsessing over the one negative comment in a sea of praise? Yesterday's structure training was an eye-opener for me, highlighting our inclination to magnify the negatives when we're alone with our thoughts and a feedback form. This episode peels back the layers on the art of receiving and interpreting survey feedback, diving into the psychology behind why issues might seem more prevalent than they truly are when we lack context. We also examine the personal epiphany of being a people pleaser and how it complicates addressing feedback, especially when it stems from just a vocal minority.
Within our candid discussion, we unravel a case study from a studio setting where member feedback brings to light the challenges in catering to individual needs while maintaining community harmony. It's a tricky balance, distinguishing between genuine areas for improvement and isolated incidents magnified by the anonymity of surveys. As we sift through the feedback, we share experiences and strategies for identifying what changes can truly enhance service and operations, and what might just be noise. There's no guest joining us this time – just you, me, and the quest for better understanding the nuanced world of feedback in our professional lives.

Business Buyers Club
Enter 070499 at checkout. Network and connect with other Acquisition Experts!
Learn DIY Due Diligence
Get training from an Acquisitions Attorney to become a DIY Due Diligence buyer!
SanterMedia - My goto Marketing Agency
My studio was struggling with leads and this agency goy my lead volume to 150% of goal.
Disclaimer: This post contains affiliate links. If you make a purchase, I may receive a commission at no extra cost to you.

Support the show

Send us a text

Ever found yourself obsessing over the one negative comment in a sea of praise? Yesterday's structure training was an eye-opener for me, highlighting our inclination to magnify the negatives when we're alone with our thoughts and a feedback form. This episode peels back the layers on the art of receiving and interpreting survey feedback, diving into the psychology behind why issues might seem more prevalent than they truly are when we lack context. We also examine the personal epiphany of being a people pleaser and how it complicates addressing feedback, especially when it stems from just a vocal minority.
Within our candid discussion, we unravel a case study from a studio setting where member feedback brings to light the challenges in catering to individual needs while maintaining community harmony. It's a tricky balance, distinguishing between genuine areas for improvement and isolated incidents magnified by the anonymity of surveys. As we sift through the feedback, we share experiences and strategies for identifying what changes can truly enhance service and operations, and what might just be noise. There's no guest joining us this time – just you, me, and the quest for better understanding the nuanced world of feedback in our professional lives.

Business Buyers Club
Enter 070499 at checkout. Network and connect with other Acquisition Experts!
Learn DIY Due Diligence
Get training from an Acquisitions Attorney to become a DIY Due Diligence buyer!
SanterMedia - My goto Marketing Agency
My studio was struggling with leads and this agency goy my lead volume to 150% of goal.
Disclaimer: This post contains affiliate links. If you make a purchase, I may receive a commission at no extra cost to you.

Support the show

play

06/11/24 • 7 min

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Business Buyer Diaries: the Reality Before, During, and After - 236. Quarterly staff meeting - instructor training

236. Quarterly staff meeting - instructor training

Business Buyer Diaries: the Reality Before, During, and After

Send us a text

Ever wondered how a fitness team tunes up its teaching tactics to meet every client's unique needs? Grab your earbuds, because today's session is all about the art of personalized instruction. We're taking you behind the scenes of our latest instructor training day, where we lay it all on the line. From decoding the delicate dance of adapting workouts for those with physical challenges to fostering a fitness sanctuary where every squat and lunge is catered to you. The heart of our discussion beats to the rhythm of raw, unfiltered feedback from an anonymous survey. Dive into the candid confessions of our instructors as we tackle their real-talk on everything from communication to compensation, and even the nitty-gritty like the need for more clocks in the studio.
As we parse through the survey's insights, it's not just about brighter lights or syncing schedules for social events; it's about reinforcing a culture where professional growth isn't just a goal, it's a given. We're committed to clear-cut communication channels that resonate with recognition and the right kind of rewards. No guest today, just us, your dedicated team, peeling back the curtain on the complexities of managing a motivated fitness crew. If you're itching for an insider's view on creating a cohesive community that thrives on exceptional training, this is one episode you won't want to miss.

Business Buyers Club
Enter 070499 at checkout. Network and connect with other Acquisition Experts!
Learn DIY Due Diligence
Get training from an Acquisitions Attorney to become a DIY Due Diligence buyer!
SanterMedia - My goto Marketing Agency
My studio was struggling with leads and this agency goy my lead volume to 150% of goal.
Disclaimer: This post contains affiliate links. If you make a purchase, I may receive a commission at no extra cost to you.

Support the show

Send us a text

Ever wondered how a fitness team tunes up its teaching tactics to meet every client's unique needs? Grab your earbuds, because today's session is all about the art of personalized instruction. We're taking you behind the scenes of our latest instructor training day, where we lay it all on the line. From decoding the delicate dance of adapting workouts for those with physical challenges to fostering a fitness sanctuary where every squat and lunge is catered to you. The heart of our discussion beats to the rhythm of raw, unfiltered feedback from an anonymous survey. Dive into the candid confessions of our instructors as we tackle their real-talk on everything from communication to compensation, and even the nitty-gritty like the need for more clocks in the studio.
As we parse through the survey's insights, it's not just about brighter lights or syncing schedules for social events; it's about reinforcing a culture where professional growth isn't just a goal, it's a given. We're committed to clear-cut communication channels that resonate with recognition and the right kind of rewards. No guest today, just us, your dedicated team, peeling back the curtain on the complexities of managing a motivated fitness crew. If you're itching for an insider's view on creating a cohesive community that thrives on exceptional training, this is one episode you won't want to miss.

Business Buyers Club
Enter 070499 at checkout. Network and connect with other Acquisition Experts!
Learn DIY Due Diligence
Get training from an Acquisitions Attorney to become a DIY Due Diligence buyer!
SanterMedia - My goto Marketing Agency
My studio was struggling with leads and this agency goy my lead volume to 150% of goal.
Disclaimer: This post contains affiliate links. If you make a purchase, I may receive a commission at no extra cost to you.

Support the show

play

06/10/24 • 9 min

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Business Buyer Diaries: the Reality Before, During, and After - 271. Don’t eat somebody else’s bubblegum

271. Don’t eat somebody else’s bubblegum

Business Buyer Diaries: the Reality Before, During, and After

Send us a text

Ever had that moment when you're dashing through your day and you're suddenly struck by a tiny, yet powerful observation? That's what happened to me, and it sparked an enlightening conversation about the choices we make and how they shape our lives. During a routine catch-up with an old friend, an unexpected scene of someone thoughtlessly discarding chewed gum on the sidewalk led me down a path of reflection. Join me as I share insights on why we should be just as discerning with the attitudes we adopt as we are with the food we consume. This episode isn't just about keeping our streets clean; it's a metaphor for maintaining a healthy mental diet free from the pollutants of negativity and pessimism.
We all know that negativity can be as sticky and unpleasant as gum on our shoe, yet how often do we find ourselves inadvertently picking it up from those around us? It's time to discuss the importance of surrounding ourselves with positivity and consciously discarding the 'leftovers' of other people's bad vibes. Tune in to hear my candid thoughts on selecting your social circles with care and how, just as you wouldn't chew on someone else's discarded gum, you shouldn't let their toxic attitudes taint your own mindset. It's an empowering call to action—exploring the crucial balance between staying informed and staying inspired—so let's walk through this together, heads held high and spirits undimmed. Business Buyers Club
Enter 070499 at checkout. Network and connect with other Acquisition Experts!
Learn DIY Due Diligence
Get training from an Acquisitions Attorney to become a DIY Due Diligence buyer!
SanterMedia - My goto Marketing Agency
My studio was struggling with leads and this agency goy my lead volume to 150% of goal.
Disclaimer: This post contains affiliate links. If you make a purchase, I may receive a commission at no extra cost to you.

Support the show

Send us a text

Ever had that moment when you're dashing through your day and you're suddenly struck by a tiny, yet powerful observation? That's what happened to me, and it sparked an enlightening conversation about the choices we make and how they shape our lives. During a routine catch-up with an old friend, an unexpected scene of someone thoughtlessly discarding chewed gum on the sidewalk led me down a path of reflection. Join me as I share insights on why we should be just as discerning with the attitudes we adopt as we are with the food we consume. This episode isn't just about keeping our streets clean; it's a metaphor for maintaining a healthy mental diet free from the pollutants of negativity and pessimism.
We all know that negativity can be as sticky and unpleasant as gum on our shoe, yet how often do we find ourselves inadvertently picking it up from those around us? It's time to discuss the importance of surrounding ourselves with positivity and consciously discarding the 'leftovers' of other people's bad vibes. Tune in to hear my candid thoughts on selecting your social circles with care and how, just as you wouldn't chew on someone else's discarded gum, you shouldn't let their toxic attitudes taint your own mindset. It's an empowering call to action—exploring the crucial balance between staying informed and staying inspired—so let's walk through this together, heads held high and spirits undimmed. Business Buyers Club
Enter 070499 at checkout. Network and connect with other Acquisition Experts!
Learn DIY Due Diligence
Get training from an Acquisitions Attorney to become a DIY Due Diligence buyer!
SanterMedia - My goto Marketing Agency
My studio was struggling with leads and this agency goy my lead volume to 150% of goal.
Disclaimer: This post contains affiliate links. If you make a purchase, I may receive a commission at no extra cost to you.

Support the show

play

06/28/24 • 3 min

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Business Buyer Diaries: the Reality Before, During, and After - 347. If you’re paying a professional then do what they tell you to do

347. If you’re paying a professional then do what they tell you to do

Business Buyer Diaries: the Reality Before, During, and After

Send us a text

Navigating the choppy waters of financial transitions can be daunting, especially when unexpected changes catch you off guard. This week, we share our own story of navigating a major shift in our professional and personal finances. After receiving significant news that reshuffled roles within our team—including the appointment of an interim GM alongside our current GM who is transitioning out with severance—we found ourselves reevaluating our financial strategies. Join us as we candidly discuss the emotional and psychological challenges of adjusting to a more constrained budget, sharing insights into how we're simplifying our entrepreneurial ventures and practical steps for managing our finances effectively.
Our journey isn't just about cutting costs; it's about confronting discomfort and adapting to new financial realities while staying true to our frugal roots. Despite our pride in minimal spending and maintaining a stellar credit score, we've received advice urging us to fully utilize our budget, even if it means stepping outside our comfort zone. From sending a long email to our attorney with essential documents to reassessing our modest lifestyle—which includes swapping phones every few years and driving rusty vehicles—we explore how balancing familiar financial principles with new strategies can lead to stability. Tune in to hear our thoughts on embracing the discomfort necessary for financial growth, and perhaps find some inspiration for your own financial journey.

Support the show

Send us a text

Navigating the choppy waters of financial transitions can be daunting, especially when unexpected changes catch you off guard. This week, we share our own story of navigating a major shift in our professional and personal finances. After receiving significant news that reshuffled roles within our team—including the appointment of an interim GM alongside our current GM who is transitioning out with severance—we found ourselves reevaluating our financial strategies. Join us as we candidly discuss the emotional and psychological challenges of adjusting to a more constrained budget, sharing insights into how we're simplifying our entrepreneurial ventures and practical steps for managing our finances effectively.
Our journey isn't just about cutting costs; it's about confronting discomfort and adapting to new financial realities while staying true to our frugal roots. Despite our pride in minimal spending and maintaining a stellar credit score, we've received advice urging us to fully utilize our budget, even if it means stepping outside our comfort zone. From sending a long email to our attorney with essential documents to reassessing our modest lifestyle—which includes swapping phones every few years and driving rusty vehicles—we explore how balancing familiar financial principles with new strategies can lead to stability. Tune in to hear our thoughts on embracing the discomfort necessary for financial growth, and perhaps find some inspiration for your own financial journey.

Support the show

play

12/17/24 • 4 min

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FAQ

How many episodes does Business Buyer Diaries: the Reality Before, During, and After have?

Business Buyer Diaries: the Reality Before, During, and After currently has 360 episodes available.

What topics does Business Buyer Diaries: the Reality Before, During, and After cover?

The podcast is about Management, Entrepreneurship, Podcasts, Business and M&A.

What is the most popular episode on Business Buyer Diaries: the Reality Before, During, and After?

The episode title '173. Why companies don’t owe you reasons, post fake jobs, and aren’t obligated to be warm and fuzzy' is the most popular.

What is the average episode length on Business Buyer Diaries: the Reality Before, During, and After?

The average episode length on Business Buyer Diaries: the Reality Before, During, and After is 9 minutes.

How often are episodes of Business Buyer Diaries: the Reality Before, During, and After released?

Episodes of Business Buyer Diaries: the Reality Before, During, and After are typically released every 14 hours.

When was the first episode of Business Buyer Diaries: the Reality Before, During, and After?

The first episode of Business Buyer Diaries: the Reality Before, During, and After was released on May 31, 2023.

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