04:04:23 - This week in The Hub - Main Street Weekly
Curated from the world of SMB (small to medium business), What you need to know about buying, growing or selling small to medium businesses. The news, the pods, the social influencers.
We do the research and bring you what’s pertinent when you want to grow, scale, buy or sell your first or your next business.
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In the News/Blogs …
Small Businesses Can Become Stronger Than Ever With These 5 Essential Strategies
There is no one-size-fits-all magic solution in business, but implementing proven techniques and strategies can help you grow and develop. Here are five essentials you can start to apply today. (970 words) Read on…
Winning Vendors on Next Major IT Contract Ripe for M&A Attention
Contractors that win spots on a $50 billion governmentwide IT services contract may soon find themselves targeted by deal makers and prospective buyers looking to lock down long-term revenue streams. (256 words) Read on…
Small Retailers Are Harnessing Organic Growth In 2023- Here’s How
The challenge of growing a small business on a tiny budget has only increased as costs of advertising continue to soar.
Is it possible to grow a retail business purely using unpaid methods? How exactly do you grow a small business with no money for marketing? (1280 words) Read on…
Growing your business: Step one, preparing for the deal
Small business owners may dream about attracting the attention of a major company and getting acquired for millions of dollars, but it’s important to take some critical steps so that these dreams don’t turn into nightmares. (550 words) Read on…
In the Pods …
Can Small Businesses Save America? - Codie Sanchez - Ep 494
In today's episode, Andy & DJ are joined in the studio by investor & entrepreneur Codie Sanchez. They discuss what Codie looks for when buying a small business, the fake image of entrepreneurship portrayed online, and the best way to fix our country through our spending decisions. (1:26:09) Listen and learn…
Shannon Wilburn: From Struggles To Success - The Journey Of Co-Founding Just Between Friends How2Exit E108
Shannon Wilburn and Ron Skelton discussed how she started Just Between Friends, a consignment sale business. She began it in 1997 when her son was just 2 years old. Just Between Friends is a franchise system with over 150 locations that generated almost $42 million in system-wide sales in 2022. Franchising has helped Wilburn share the model and give people the opportunity to become business owners and bring the model to their communities. Wilburn is a big proponent of franchising. (53:11) Listen and learn
Buying a $4m Business that Collapses | John Ikalowych Interview
After a professional life filled with success, John Ikalowych decided to try entrepreneurship by acquiring a business. He found an automotive hail-repair business with $2m in earnings and jumped at it. The next two years would see John pounded by crisis after crisis, culminating in the decision to shutter the business.
And yes, John had a personal guarantee, the dreaded condition of an SBA loan that says the bank will come after your personal assets if you fail to pay it off. This trial forced John to confront his sense of self-worth and, while excruciating, he emerged stronger, wiser, and eager to help others avoid or survive a similar fate. (1:24:05) Listen and learn…
How To Start Buying & Flipping Small Saas Businesses with Andrew Pierno
Andrew is a UC Berkeley grad. He has built 3 profitable companies, exited 1, and currently acquires small saas companies at XO Capital. XO has done 7 acquisitions to date and is on target for $1M in revenue in 2023.
We had a discussion about why startups are so hard and why Andrew started buying SaaS businesses. What type of businesses Andrew wants to buy and why? And what to look for during due diligence? (32:39) Listen and learn…
Entrepreneurship and positioning yourself for M&A success with Chris Rolls Part 1 - EP 244
What does it take to become a successful entrepreneur? Join us in this two-part series of The Deal Room Podcast as Chris Rolls, Managing Partner at PieLAB Capital, shares hard-won wisdom from his entrepreneurial journey. He and host, commercial lawyer Joanna Oakey, talk through business sales and acquisitions, how to start and invest in businesses, as well as approach entrepreneurship with purpose. (24:49) Listen and learn…
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In the Knowledge
Nine Ways Entrepreneurs Can Use Cloud Technology To Scale Their Businesses
From streamlining project management to reducing retraining time, there are a multitude of ways business owners can leverage cloud technology to help them scale.
Here, the members of Young Entrepreneur Council share nine of the most effective ways to use cloud technology to grow your business as well as other benefits you may gain by doing so. (1125 words) Read on…
What You Can Learn from Successful Mergers & Acquisitions
Business mergers and acquisitions (M&A) can be an effective strategy for growing the bottom line. Companies consolidate to remove excess capacity, increase market access, acquire technology more quickly than it could be built, develop new businesses, and improve the target company’s performance.
In this article, we’ll review a few of the most successful mergers, as well as one that didn’t reach its potential. By studying failed and successful M&A examples, you can get a better understanding of how to achieve success — tips you can apply to your company’s future growth strategies. (3520 words) Read on…
In the BIG Guys Corner … (middle market and above)
Illumina Ordered by FTC to Unwind $7B Grail Deal From 2021
Illumina Inc. was ordered to unwind its $7 billion acquisition of cancer startup Grail by the Federal Trade Commission, an uncommon move by antitrust regulators who said the deal raises competition concerns for cancer testing.
The FTC’s 4-0 decision announced Monday overturned an earlier ruling by its in-house judge who found last year that the tie-up wouldn’t harm innovation in the market for early-stage cancer detection. (490 words) Read on…
UFC parent and WWE merging, creating $21.4B sports entertainment company
WWE and the company that runs Ultimate Fighting Championship will combine to create a $21.4 billion sports entertainment company, the two companies announced Monday.
A new publicly traded company will be formed that houses the UFC and WWE brands. Endeavor Group Holdings will hold a 51% controlling interest in the new company once the deal is complete. Existing WWE shareholders will hold a 49% stake in the new company. (650 words) Read on…
In the Sosh … who to follow this week
CEO of Axial (www.axial.net), a trusted online platform business owners & their M&A advisors use to safely and intelligently explore and execute capital raises, acquisitions, and exits with strategic buyers or professional financial sponsors.
Connect with Peter on LinkedIn, Axial.net (Company), Middlemarketreview.com (Blog) Twitter
Founder Contrarian Thinking + Private Equity Investor + 26 Boring Businesses
On a mission to create financially free and free-thinking humans.
I founded a media company that teaches people to think critically and cashflow unconventionally with boring businesses called Contrarian Thinking.
Connect with Codie on LinkedIn, codiesanchez.com, Twitter
In the calendar …
The Exit Meetup by Flippa, In a City Near You Soon
The Exit Meetup is a local meet-up for like-minded business owners.
Meet others, and talk about growth and the opportunity to buy or sell. Plus, hear from a successful acquisition entrepreneur. This is an informative and entertaining meetup aiming to connect owners and investors in a fun environment. Check it out
SMB Acquisitions Entrepreneurs Bi-Monthly Networking
A twice-monthly networking meeting where acquisitions entrepreneurs come together online to build teams, share ideas and resources, and help each other succeed. The first and Third Tuesday of each month. Check it out
10 Steps to Buying a Business that Cashflows - April 12 - Virtual
Learn how to build real wealth in a volatile market by acquiring a boring business in this FREE 60-minute masterclass. No prior experience needed. Sign up here:
The Art of M&A® for HR Leaders - April 11-13 - Boston, MA
How many organizations understand the strategic impact of getting M&A HR right? Since delay, ambiguity, and poor execution cause value erosion, often beginning at announcement, it’s crucial that HR leaders are familiar with core M&A concepts and the impact of HR on the M&A lifecycle. Check it out
SMBash 2023 - April 27-30th 2023 - Austin, Tx
A live gathering of SMB, Micro-PE, and ETA Owners, operators, and Investors. Check it out
Veterinary Investors and M&A Conference - May 10 - Parsippany, NJ
SAX AND KPMG present the first conference of its kind – focusing on investors, private equity funds, M&A advisors, lenders, legal professionals, consultants, and others who support the growth and innovation in the veterinary services industry. As it is our first conference year, there is no cost to attend this event. Breakfast, lunch, and networking opportunities will be available. Check it out
2023 Hold Co Conference - Sept 18-20 - Cleveland Ohio
The official “Un-Conference” of micro-PE. Where Holding Companies Meet, Learn, Scale, and Grow. Check it out
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