Episodes

  • Buying An Out Of State Business

    Buying An Out Of State Business
    Nov 6 2024
    ***New Video Alert! What if you can’t find the business you like in your local area? Does it make sense to buy one in another city or state if you don’t have the intention of moving? I’ve known several investors who have pulled this off. This week, we’ll look at the considerations you need to ponder before deciding to go and do this kind of deal. You’ll see in today’s video: https://youtu.be/l2pDy-CI3d0 Cheers See you over on YouTube David C Barnett
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    28 mins
  • LIVE Spencer Hilligoss- Raising private Capital

    LIVE Spencer Hilligoss- Raising private Capital
    Nov 4 2024
    Spencer Raises MiLLION$$$ New Livestream guest- Spencer Hilligoss I’m happy to have Spencer join me on a live broadcast. He’s been busy doing private real estate deals and he’s raised millions of dollars via syndication deals. Tune in and as we’ll be discussing how his business operates and what it’s like to attract and accept investor money. If you think you’re just gonna ‘get investors’ this episode is for you as we’ll be discussing all the realities of being responsible for other people’s money. This is a ‘must see event’ for people who need to raise cash to get deals done. Find spencer online at Madison Investing here: https://www.madisoninvesting.com/ Be sure to join my email list so you never miss any new videos at https://www.DavidCBarnettList.com
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    52 mins
  • Buying VS Starting A Small Business With David Barnett- Ep 240

    Buying VS Starting A Small Business With David Barnett- Ep 240
    Nov 1 2024
    In this episode of The Profit Answer Man, David C. Barnett, a seasoned expert in buying and selling small businesses shares his insights into the world of business acquisition versus starting a new business. We dive into what makes a business "sell-ready" and explore how preparing your business for sale can improve not only its value but also its profitability and enjoyment. If you're considering growth, David offers invaluable advice on leveraging acquisitions as a path to expansion.
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    33 mins
  • Proven Investment Strategies For Entrepreneurs

    Proven Investment Strategies For Entrepreneurs
    Oct 30 2024
    ***New Video Alert! I’ve met hundreds of successful business owners over the years, and we sometimes talk about their investments. This week, I show you where they invest their money and why. Also- why the personal finance advice you get online likely would be very bad advice for you if you own a business or intend to buy one. You’ll see in today’s video: https://youtu.be/GlqCelWVNb0 Cheers See you over on YouTube David C Barnett
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    42 mins
  • Live 2024 Financial Planning for Biz Owners with guest Jennifer R_ Lee

    Live 2024 Financial Planning for Biz Owners with guest Jennifer R_ Lee
    Oct 27 2024
    Live Financial Planning for Biz Owners New Livestream guest- Jennifer R. Lee Author, Founder of Modern-Wealth I’m happy to have Jennifer R. Lee join me on a live broadcast. Jennifer R. Lee is a Florida Financial Planner. She works mainly with women going through divorce who are or are leaving entrepreneurs. We’ll be discussing all things financial planning, how she addresses this very specific client group and the particular concerns you might have if you’re doing well in business and may be planning or afraid of a divorce!! Be sure to join live so that you can ask questions, replay will be available. See you there! David C Barnett Personal Linkedin: linkedin.com/in/jennifer-lee-awma®-aif®-1b5aa56 Website: https://modern-wealth.com/ LinkedIn: https://www.linkedin.com/company/modern-wealth-llc/ The case studies in this podcast were based upon individual client experiences and may not be representative of the experience of other customers and should not be considered a guarantee or indication of future performance or success. Be sure you're on the email list at https://www.DavidCBarnettList.com
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    39 mins
  • 90 Day To Deal- Express Small Business Acquisition - 6 Key Takeaways (1)

    90 Day To Deal- Express Small Business Acquisition - 6 Key Takeaways (1)
    Oct 23 2024
    ***New Video Alert! Yes, you can buy a business quickly. In this week’s episode, I dive into a case study of someone who did just that and add my commentary about the lessons learned. Buckle up for this ride: https://youtu.be/uN8pZ5cCcic Cheers See you over on YouTube David C Barnett
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    53 mins
  • LIVE Build An Operations Manager With Mandi Ellefson

    LIVE Build An Operations Manager With Mandi Ellefson
    Oct 21 2024
    New Livestream guest- Mani Ellefson, the Hands-off CEO Leader, podcast host and author. I’m happy to have Mandi join me on a live broadcast. She’s built a business out of helping entrepreneurs get out of the day to day of operations and truly be free to work ‘on’ their businesses. She hosts a podcast on the topic and is the author of The Hands-Off CEO which is a great book. Tune in and as we’ll be discussing how to develop or hire an operations manager in your business. This is a ‘must see event’ for anyone who doesn’t want to be doing this job themselves 50 hours a day forever while they’re in business. https://book.handsoffceo.com/book https://www.linkedin.com/in/mandiellefson/ Be sure you're on the email list at https://www.DavidCBarnettList.com
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    57 mins
  • 21 Hats Episode 214- Should She Buy The Family Business?

    21 Hats Episode 214- Should She Buy The Family Business?
    Oct 18 2024
    David gets invited to give feedback on a panel of small business owners around the topic of whether someone should buy their family furniture business. --Original Show notes--- This week, in episode 214, we bring you another Entrepreneurial Fish Bowl with Chris Hutchinson of Trebuchet Group (https://www.trebuchetgroup.com/ ) . As you may remember, this is a virtual exercise where we offer a business owner—or in this case a potential business owner—the opportunity to pose a challenge he or she is facing to a group of owners and entrepreneurs from the 21 Hats community as part of a brainstorming session. In this case, it was BaLeigh Waldrop who explained why she has mixed feelings about buying the Miller Waldrop (https://www.millerwaldrop.com/ ) furniture business that her parents own. As you’ll hear, BaLeigh has some real concerns: the business has been down of late, it’s predominantly brick-and-mortar, and she would have to work out an ownership structure with a younger brother. The 21 Hats brainstormers ask a lot of good questions, including whether the business is profitable, whether it’s been paying family members a market wage, and whether it owns the real estate. They also offer a lot of smart suggestions. Plus: it all ends with a very surprising offer from Jay Goltz.
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    41 mins