
21 Stupid Things People Do When Trying to Buy a Business
Learn How to Avoid These Awful Novice Mistakes
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Narrated by:
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David C. Barnett
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By:
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David Barnett
About this listen
Want to break free of the shackles of your employee life? Want to control your own destiny and set your own hours, priorities and life direction? Simple, become an entrepreneur and start a business!
Don't like the risk of starting and want to buy a successful business instead? Okay, just don't do these stupid mistakes that I see novice business buyers make over and over and over again.
Every day thousands of really awful businesses go up for sale, and thousands of good businesses go up for sale with outrageously inflated asking prices. Many of these businesses will sell to people who simply have no idea what they're getting into and don't know how to get the right guidance or advice. Invest some time and learn from the mistakes that I've observed through my years as a business broker and private sale transaction adviser. You really can learn from other peoples' mistakes and make yourself a better deal; or know when to go home and leave your money in the bank.
©2016 David C. Barnett (P)2017 David C. BarnettListeners also enjoyed...
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The good stuff is the smallest part of the book.
- By Donnie on 03-16-22
By: Roland Frasier
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How to Sell My Own Business
- A Guide to Selling Your Own Business Privately and Not Pay a Broker's Commission
- By: David C Barnett
- Narrated by: David C Barnett
- Length: 1 hr and 30 mins
- Unabridged
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Get insider secrets on how to sell your own business. For years David C Barnett met with business owners and showed them that he could get them the maximum value for their business; now he shares these secrets with you. When it comes time to retire, divest, or simply move on to something else and you want to sell your business, listen to this book.
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Don’t start the sale before you read this
- By Jackie on 09-07-18
By: David C Barnett
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The IW$ Guide to How to Buy a Business With No Money Down
- A Step-by-Step Blueprint for Acquiring a Thriving Business with Little or Zero Capital
- By: Tyler G. Hicks, Jeryn Calhoun
- Narrated by: Virtual Voice
- Length: 2 hrs and 43 mins
- Unabridged
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BUY A PROFITABLE BUSINESS WITHOUT BREAKING THE BANK — OR EVEN USING A BANK AT ALL! Legendary Entrepreneur Tyler G. Hicks Reveals the Step-by-Step Blueprint to Buying a Thriving Business—Even If You Have Zero Capital. WHAT THIS BOOK WILL TEACH YOU: Find businesses for sale using 500+ online resources. Apply proven no-money-down strategies to fund your purchase. Evaluate a business’s worth with simple, actionable methods. Use tools and checklists to simplify negotiations and close deals. Implement post-purchase strategies to grow profits and ensure long-term success. Think owning a ...
By: Tyler G. Hicks, and others
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The Lifestyle Business Owner
- How to Buy a Business, Grow Your Profits, and Make It Run Without You
- By: Aaron Muller
- Narrated by: Chris Abell
- Length: 6 hrs and 52 mins
- Unabridged
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The Lifestyle Business Owner reveals how ordinary people can buy a small business in their community, earn a six-figure income, and make the business run without them. Aaron Muller, founder of Lifestyle Business Owner Academy, reveals the three-step formula he utilized to go from a kid who didn't attend college to the owner of eight companies that run without him. Now it’s your turn to discover the secrets to owning a business that gives you the financial freedom, lifestyle, and contribution you desire.
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Self-Promoting Business Broker
- By Pat Lazure on 07-27-19
By: Aaron Muller
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Invest Local
- A Guide to Superior Investment Returns in Your Own Community
- By: David C Barnett
- Narrated by: David C Barnett
- Length: 3 hrs and 11 mins
- Unabridged
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Big banks make huge profits lending to people in your community and small businesses all around you. Learn how you can help these people and entrepreneurs and keep more of these profits in your home town. Barnett offers step-by-step guidance on how to earn returns ranging from nine percent to infinity by doing car leases, secured loans, inventory financing, buying accounts receivables, financing mini and mobile homes, operating leases on machinery and more. High yield investing does not have to mean high-risk investing.
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A Refreshing Inspiration
- By Indica on 03-24-25
By: David C Barnett
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The Private Equity Playbook
- Management's Guide to Working with Private Equity
- By: Adam Coffey
- Narrated by: Ron Butler
- Length: 3 hrs and 33 mins
- Unabridged
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Private equity firms are on the rise and rapidly changing the game. Today, more than 5,500 PE firms own tens of thousands of companies, so it is essential for CEOs and senior management executives to understand exactly how private equity firms operate. This invaluable resource can help you devise a winning PE game plan for your own company that offers you greater freedom and financial success.
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Beyond basic
- By M on 05-15-20
By: Adam Coffey
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The $100M Journey
- Your Guide to Growing the Business of Your Dreams Without Going off the Cliff
- By: John St.Pierre
- Narrated by: John St.Pierre
- Length: 7 hrs and 20 mins
- Unabridged
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It is time to take control of your business and your life! The $100M Journey: Your Guide To Growing The Business Of Your Dreams Without Going Off The Cliff! is an inspiring and thought-provoking listen about an entrepreneur's wild journey and turnaround. It is written for entrepreneurs, business owners, and executives of small- to medium-sized businesses (SMBs) who seek to achieve their wildest dreams of entrepreneurship while navigating growth challenges and avoiding potential failures.
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Wow, top 10 must read business book
- By Ben on 12-11-24
By: John St.Pierre
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Empire Builder
- The Road to a Billion
- By: Adam Coffey
- Narrated by: Ron Butler
- Length: 4 hrs and 7 mins
- Unabridged
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You’ve got big dreams for your business, but the odds are not in your favor. You’re struggling to scale. Sometimes, it’s hard to stay profitable. You know you need expert advice to grow. CEO coach and executive thought leader Adam Coffey has been where you are. He, too, dared to dream of that elusive billion-dollar exit. Then he took his companies to triple digit growth.
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For high-schoolers
- By Martin Lambooy on 12-13-24
By: Adam Coffey
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Main Street Millionaire
- How to Make Extraordinary Wealth Buying Ordinary Businesses
- By: Codie Sanchez
- Narrated by: Codie Sanchez
- Length: 6 hrs and 17 mins
- Unabridged
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Everyone wants ownership, but almost no one gets it. Whether we’re talking about the start-up game, the crypto game, the freelance game, or the lemonade stand game—most paths to ownership lead to dead ends. That’s why Codie Sanchez carved a new, smarter path to total freedom. In Main Street Millionaire, she reveals the method she teaches her community of seven-figure investors for building wealth by creating a portfolio of boring businesses. That’s right—the money is not in flashy startups or in the corner office.
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Even better than I hoped it would be!
- By Amanda on 12-15-24
By: Codie Sanchez
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Business Valuation
- The Ultimate Guide to Business Valuation for Beginners, Including How to Value a Business Through Financial Valuation Methods
- By: Greg Shields
- Narrated by: Michael Reaves
- Length: 2 hrs and 10 mins
- Unabridged
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Whether you're looking to buy or sell a business, invest in the stock market, become a business angel, or simply get a better idea of what your business is worth, this audiobook contains the information you need.
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A great start, very well narrated
- By Marco Tulio M. Marroquim on 12-10-18
By: Greg Shields
What listeners say about 21 Stupid Things People Do When Trying to Buy a Business
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- Erik Neuwirth
- 04-05-21
Short, Easy, and Impactful
This is a GREAT introduction to the topic. Lots of powerful nuggets every 2-3 minutes, enough to make you aware and then add to a checklist to do further digging.
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- Hugh
- 02-29-20
Buy copies for your acquisition targets!
Great info, and bang on. Having been through several acquisitions, and dozens of " potential" ones, I wish more buyers and sellers had common sense. This book will help both sides to become more enlightened.
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- Dan
- 07-21-20
Short and sweet..
Short and simple, straight to the point. No back stories or going around the bush. Please read this before buying a business.
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- T. King
- 08-27-22
Worth the listen!
Excellent, concise explanations with examples. Every concept is explained simply and clearly with example, both good and bad to support each point. If you are considering buying a business listen to or read this book.
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- Roger Glenn Duncan
- 03-28-21
Short but sweet
This is a short book but it packs a punch! I’ve done several acquisitions now and have pretty much learned most of this stuff through trial & error. Mostly error. But even with experience it’s useful to have common mistakes summarized in an accessible format. Recommended for anyone with any interest in small to mid-market business ownership.
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- Joel Onafowokan
- 05-14-23
Super and concise
Short and to the point. I’d have loved more examples and how he did the math
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- P. Womack
- 02-15-25
Good information
All very practical lessons . Written by a professional and can be applied in lots of business.
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- 12345
- 03-22-22
Insightful
Great introduction to the topic of small business acquisition. That is 45 minutes of sound practical advice. Author takes Ten minutes at the end selling other products he has but that’s fine since it is a different chapter from the book itself.
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- Jordan Reece
- 06-22-22
Excellent Resource
As somebody currently in negotiations for a business this has given me a lot more to think about and concerns to bring forward. Thank you!
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- DB
- 05-26-18
Just What I Was Looking For.
Finally, someone who appears to shoot it straight. I will repeat this audiobook until absorption. I may buy the physical copy of the book as a companion to highlight text or take notes. Thank you David C. Barnett.
If you are thinking of buying this book and you are buying or aspire to buy a business, this book is a good start. It’s easy to do something stupid or careless because of lack of knowledge. So many people want to sell you on what you can do and avoid telling you of potential pitfalls, consequences, and things that would be unwise. This book gives you a heads up on actions you should avoid if you want to buy and own a business intelligently and dispels a few beliefs about being a business owner that people have probably picked up from those who didn’t know better, or who were unlearned and inexperienced. I will assume this book is good for experienced people as well. I don’t see why not. If you are a novice, this book is a must have. There is no question about that. It definitely surpasses the guys that just want to sell you a book just to build their own passive income.
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3 people found this helpful