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In this episode, Clem breaks down how he bought a $1M marketing agency with only 5% down, why the first year nearly broke it, and how he rebuilt it to run on just a few hours a week.
◼️ How he got the seller to finance a big chunk of the deal so he barely had to put any money in
◼️ The 30% revenue drop that hit within months of closing, and the month he sat frozen before acting on it
◼️ Why his fix for a shrinking business was to make it even smaller on purpose
◼️ How he pulled off the entire turnaround without ever quitting his day job
◼️ The second business he quietly built with the agency's own cash, and why he calls buying the agency his biggest mistake
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What is The SMB Deal Hunter Podcast?
Every week, Helen Guo interviews successful acquisition entrepreneurs, independent sponsors, and investors who have acquired businesses. Learn how to buy a business rather than starting one from scratch from those who have done it themselves.