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In this episode, Kyle breaks down why he left a stable corporate career to buy his own company, how he funded the deal without an SBA loan or a bank, and what it took to close a deal that fell apart three times before it finally happened.
◼️ How he found the company at a basketball game, from an owner who wasn't even looking to sell
◼️ How he bought a business far bigger than he could afford, without an SBA loan or a bank, after pitching around 60 investors
◼️ The $40,000 he paid out of his own pocket that exposed a problem big enough to change the entire price
◼️ The night the deal collapsed at the signing table, and why he refused to walk away after it fell apart three times
◼️ How the competitor he set out to beat ended up funding the deal and merging into his company
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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.