And then B, is there anyone else you can introduce me to? Brokers, other business owners, things like that. And they will, and that'll, that'll 2 or 3x, you know, in short time.
Acquiring Minds
Year 1 in a $300k SDE Services Business
Excerpts · 456 segments · ~1:30:01 long
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Yeah.
And then you've got people in the community looking out for you. And hey, you know, Scott's looking for this. It also serves you when you own a business because now you've got, you know, 200 people.
You can also go through, hey, get referrals, got, you know, I'm still looking. So again, I love networking and relationships, so it was natural to me. But you know, a lot of people, it's not natural to do that or they don't know where to start or they're looking at a different market they're not from.
Yes. So my advice is get on LinkedIn. Who do you know that might be in that market? Go to their connections and then reach out to that one person.
Hey, can you introduce Me to these two or three people look at the chamber, at the local area, on who's on the board. Most of the time it's small business owners. And then you can reach out with the same message.
Nonprofit boards always chock full of business owners. So you can do, do it that way. You know, subscribe to the business journal in whatever market you're searching in always a great way.
And if you are, if you are emailing somebody pretty cold, or if, or if you're lucky enough to get an introduction, but somebody that you don't know and, but that is on this top 50 list of yours, you're asking them for their time. What is the pitch to actually ask them for their time to spend 15, 30 minutes with you?
The pitch is I'd like to, to talk to you about acquiring a business and if you might know anyone that's looking to sell or you might have a couple people introduce me to.
Okay. And so you say that as the, as a. It's a description for the call so they know exactly what you're about.
And if it's in the industry that you're interested in, or you could also approach it as. I'm, I'm exploring buying business and I like to talk to other business owners to learn what it's like. So if you don't feel comfortable making a direct ask, you can ask them.
Business owners love to talk about their experience running a business and, you know, give advice and things like that. So you can approach it from that aspect as well. And then always, always, always close with how you can help them.
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