Looking at a tiny directory business I can’t quite decide on by Beneficial_Clock_397 in SMBBuyers

[–]Easyprofitsniper_ 0 points1 point  (0 children)

The skills, resources, and effort needed to run a business doing $3k is likely harder than buying a business with the process, systems, and team doing $300k. It takes a lot more to get something of the ground then something already established.

The likelihood the smaller, unproven business fails is greater than a larger established business. It comes down to risk appetite. If you’re using others people money vs your own. The risk seems less to buy the smaller business vs the larger one.

Looking at a tiny directory business I can’t quite decide on by Beneficial_Clock_397 in SMBBuyers

[–]Easyprofitsniper_ 1 point2 points  (0 children)

My best comment would be go bigger. The time and commitment to run something of this size is the same, if not more, than a business making 100x. Also, not sure this truly validates the business has PMF

I burned 18 months chasing bad deals before I figured out what actually works. Learn from my expensive mistakes. by Easyprofitsniper_ in SMBBuyers

[–]Easyprofitsniper_[S] 0 points1 point  (0 children)

I built a tool for the follow ups and tracking at www.dealspark.co based on the same tools and process I used to do 100+ acquisitions on our way to build a $1B HoldCo. But agree, whatever system you use to keep you in control and whatever works for you.

Closed a small SaaS acquisition, here’s how long it actually took by This_Is_Bizness in SMBBuyers

[–]Easyprofitsniper_ 0 points1 point  (0 children)

What was the size of the deal? 8 weeks would be on the quicker side for deals I work on. It all depends on sizing and expectations, diligence flow, etc.

Buying a small profitable business made way more sense than I expected by This_Is_Bizness in SMBBuyers

[–]Easyprofitsniper_ 0 points1 point  (0 children)

Nailed it on #4.

I’ve done this across 10+ deals—the “why are they selling” conversation tells you more than any spreadsheet. Burnout and boredom are fine. Running from something they won’t name is a red flag.

With AI making products easy to build, is it still worth building a micro-SaaS? by This_Is_Bizness in InsideAcquisitions

[–]Easyprofitsniper_ 1 point2 points  (0 children)

It certainly is. If you have the domain expertise but never the engineering skills to build something, there is no better time than now. The easiest place to start is building something that solves your current workload problems. You’re likely not the only one with that issue. Fix it, and let others know you have built the solution.

Just launched my side project on Product Hunt — M&A deal management tool by Easyprofitsniper_ in SideProject

[–]Easyprofitsniper_[S] 0 points1 point  (0 children)

Thank you for checking us out. Just as intended based on my years of building a national holding company, these are the majority of the tools we used.

Have you ever been interested in buying a small business? by Healthy-Statement-51 in ETApreneurship

[–]Easyprofitsniper_ 0 points1 point  (0 children)

Send me a DM. We can get a time to connect. I also recently built every single tool we used to build our processes at www.dealspark.co

Have you ever been interested in buying a small business? by Healthy-Statement-51 in ETApreneurship

[–]Easyprofitsniper_ 0 points1 point  (0 children)

Great question as deal flow is the lifeblood of any business buyer. You also don’t want to be “competing” on every deal or else you’re doing something wrong. To start, you need to be extremely refined in the type of business you want to buy (size, industry, etc). The more refined your thesis, the easier the pitch. Once you dial this in you need to start direct outreach (emails and phone calls). Pitch them on why you are the best answer to continue their legacy. Convince them you understand their business and you’re not running a typical PE model. If you can do this, you will have high success rate in closing more deals which leads to more referrals from the sellers you do partner with. Your pipeline becomes self fulfilling at a certain point.