Navigated to $20m Net Worth After 25 Years Buying Businesses

$20m Net Worth After 25 Years Buying Businesses

February 9
1h 36m

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Episode Description

He started by buying a small flooring business in 2000. Today Paul Lajoie takes home $1m a year and works how he wants.

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Topics in Paul’s interview:

  • Background in Big Six accounting
  • Buying the first business he looked at
  • Partnering with his brother
  • Downsizing his lifestyle in the beginning
  • Underestimating working capital needs
  • Detailed partnership agreements
  • You are not smarter than the seller
  • Pivoting to remodeling after 2008 crash
  • Acquisition vs startup success rates
  • His BizBuyPro community

References and how to contact Paul:

Learn more about Walker Deibel's done-with-you buy-side advisory:

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Download the New CEO’s Guide to Human Resources from Aspen HR:

Connect with Acquiring Minds:

Edited by Anton Rohozov
Produced by Pam Cameron

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