{"type":"rich","version":"1.0","provider_name":"Transistor","provider_url":"https://transistor.fm","author_name":"The SMB Deal Hunter Podcast","title":"How He Put $70k Down to Buy a Business Cashflowing $400K/yr","html":"<iframe width=\"100%\" height=\"180\" frameborder=\"no\" scrolling=\"no\" seamless src=\"https://share.transistor.fm/e/73950dc1\"></iframe>","width":"100%","height":180,"duration":2419,"description":"Want help buying a business? https://smbdealhunter.link/pro-yt\nSubscribe to the SMB Deal Hunter newsletter (265,000+ subscribers): https://join.smbdealhunter.xyz/\nIn this episode, Michael breaks down how he went from losing his job to buying a marketing agency he'd never worked in, closing an off-market deal, and using AI to make the business more profitable.\n◼️ Marketing agencies weren't even on his list, so what did he see in the books that convinced him to buy one anyway?\n◼️ One seller was sure he'd never have the money. Hear the deadline he gave them that finally got the deal done.\n◼️ He bought a $1.6M business with about $70K of his own cash down (much harder under today's SBA rules), and the sellers agreed to wait 2 years to get paid. He explains how the deal came together.\n◼️ His team said one website job would take 2 more weeks. The accountant finished it in 2 days with AI.\n◼️ Revenue is down, but profit is up 35% to 40% this year. He walks through what changed inside the agency.\nFollow Helen:\nTwitter: https://x.com/HelenGuo_\nLinkedIn: https://www.linkedin.com/in/helen-guo-06674523/","thumbnail_url":"https://img.transistorcdn.com/Ip8VYvVHcoJHaY9Kig3G0657tlc8W7tE_65VKMhQgKc/rs:fill:0:0:1/w:400/h:400/q:60/mb:500000/aHR0cHM6Ly9pbWct/dXBsb2FkLXByb2R1/Y3Rpb24udHJhbnNp/c3Rvci5mbS83ZGJh/YTEwNmZhZTcyYWJk/OWU0OGM3MDM2Mzcy/MmUxNy5qcGVn.webp","thumbnail_width":300,"thumbnail_height":300}