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In this episode, Justin breaks down how he went from losing his job to owning a $425K/yr landscaping company, why he first passed on it as too expensive, and how he bought it for $1.2M after his first deal died at the finish line.
◼️ How the business he couldn't afford came back on the market the same day his first deal fell apart
◼️ How he kept his paycheck after handing in his notice for a deal that never closed
◼️ How he bought a 40-year-old company with 10% down, and got the seller to wait 2 years for his first payment
◼️ How he fit 15 to 20 hours a week of searching around a full-time job and being a single dad half the week
◼️ Why he isn't paying himself yet, and the businesses he wants to add over the next 10 years
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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.