The SMB Deal Hunter Podcast

← The SMB Deal Hunter Podcastvor 6 Tagen · 49 Min.

How He Bought a $1M/yr Business With His Wife

How He Bought a $1M/yr Business With His Wifevor 6 Tagen49 Min.

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In this episode, Ronnie breaks down why he walked away from the company he'd run for 18 years to buy one that was finally his own, how he bought a $3.5M flooring company in Charleston without putting his wife or their paid-off home on the loan, and what it took to keep it running when the man who ran everything quit a month after closing.

◼️ The man who ran the entire company quit one month after closing, and why they now call it the best thing that could have happened

◼️ Why they spend nothing on marketing and still can't get the phone to stop ringing

◼️ How they closed their SBA loan one day before the government shutdown froze new SBA lending across the country

◼️ The imported tile that forced them to rip out a finished backsplash at their own cost, and the rule they made so it never happens again

◼️ What a longtime flooring rep told Ronnie he was doing that people with 20 years in the trade weren't

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