Ryan has started many companies as well as bought many businesses too. He has varied experience in acquisitions and some unique perspectives on how to operate, particularly in regards to systems, scaling and holding companies.
He joins Dan to talk about his entrepreneurial journey into business acquisitions, how he structures his deals as well as why keeping things simple in business and acquisitions is how he has sustained success.
Acquisition Challenge: Getepicchallenge.com
KEY TAKEAWAYS
- Ryan launched his very first businesses from his college dorm room! He knew if he wanted to make real money, he needed to follow an entrepreneurial path so that is what he did.
- Those who love systems can sometimes overcomplicate things, especially in business.
- By 2006 Ryan was in quite a lot of debt in his business and although the business was profitable he realised that he didn’t truly understand how the business worked. He decided he needed to simplify the business and if he couldn’t figure out the process on a napkin he was going to quit.
- Ryan decided to learn marketing so that he could then market the businesses he acquired effectively.
- If you want to do acquisitions, hang out with business owners and regularly make it known that you are buying companies.
- Starting a business is difficult and risky, this is why Ryan always tries to see if he can buy his way into a market first.
- Ryan believes acquiring ‘middle’ entrepreneurial businesses is one of the biggest opportunities in today’s market.
BEST MOMENTS
“I’ve always been passionate about systems”
“Many of my earliest businesses were acquisitions”
“Sometimes there is magic to getting pushed back against the wall”
“Sell the eggs not the goose”
ABOUT THE HOST
Dan Taylor
Dan has completed over 36 transactions with a value in the tens of millions, though more importantly, he has added significant value by combining creative commercial property strategies and business buying strategies.
Working with existing property investors and SSAS Pension owners. Dan helps accelerate your income, grow your wealth and reclaim your time to live life on your terms.
Dan believes acquisitions are simply the fastest route to create cash flow and generational wealth.
Dan loves to help investors create cash flow and grow their wealth by investing with him.
Dan and his team do the deals so you don’t have to.
Do you have a SSAS Pension or cash that’s not producing income and simply don’t have the time to do it yourself, then get in touch and if you qualify you may be able to invest with us acquiring businesses and commercial property.
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