Buy a Business Without Breaking the Bank: Insider Strategies - Built Different

In this solo episode of the Built Different Podcast, host Stephen Pettigrew dives into various strategies for buying a business without using your own money. He discusses the risks and benefits of different approaches, including leverage buyouts (LBOs), seller financing, consulting for equity, and using investor funds. Stephen shares insights from his own experiences and provides practical advice on structuring deals to protect buyers from potential pitfalls. He emphasizes the importance of avoiding personal guarantees and offers additional resources for those looking to learn more about business acquisitions.

 

Timestamps:

00:00 Introduction and Initial Thoughts

01:16 Welcome to the Built Different Podcast

01:59 Why Buy a Business?

03:17 Understanding Leverage Buyouts (LBOs)

04:07 Risks of Leveraged Buyouts

06:17 Alternative Business Buying Strategies

06:43 Seller Financing Explained

09:00 Consulting for Equity

11:12 Using Investor Funds

12:03 Conclusion and Additional Resources