{"type":"rich","version":"1.0","provider_name":"Transistor","provider_url":"https://transistor.fm","author_name":"The SMB Deal Hunter Podcast","title":"Why He'd Rather Hold 6 Businesses for 40 Years Than Flip Them","html":"<iframe width=\"100%\" height=\"180\" frameborder=\"no\" scrolling=\"no\" seamless src=\"https://share.transistor.fm/e/dde36584\"></iframe>","width":"100%","height":180,"duration":3867,"description":"Ryan spent 30 years in corporate America running businesses for other people. Then he got fired twice — never for performance, always for politics. He decided to never build for someone else again.He co-founded North Park Group with his partner Greg Topol and built a holding company designed around one rule: never exit. Since 2022, he's bought 6 businesses in manufacturing and industrial distribution. He plans to own them until he's 85.❌ No 5-year flip❌ No PE-style fund timeline❌ No 7-year wait for investors to see a returnHis investors got their first distribution checks in 2022 — the same year he closed his first deal. He pays them twice a year. Today, 8 out of 10 people he pitches say yes.In this episode, Ryan breaks down why he'd rather hold a business for 40 years than flip it every 5, how he wins deals without being the highest bidder, and why his year-one operating playbook at every company he buys is \"don't fuck it up.\"◼️ Why holding for 40 years can make you just as much money — if not more — than flipping every 5◼️ The \"distributions as proof points\" model that converts 8 out of 10 investors◼️ How he wins deals without being the highest bidder (one was 10% below the top offer)◼️ The pre-LOI diligence inversion that lets him walk away before lawyers get involved◼️ The $250K he lost on the one deal that broke — and what it taught him◼️ The SBA-stacked operator model he uses to scale past his personal $5M lending capSubscribe to the SMB Deal Hunter newsletter (200,000+ subscribers): https://join.smbdealhunter.xyz/Want help buying a business?Learn about SMB Deal Hunter Pro: https://pro.smbdealhunter.xyz/Follow Helen:Twitter: https://x.com/HelenGuo_LinkedIn: 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}