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Welcome to the Med Spa Success Strategies Podcast, presented by Ricky Shockley of Med Spa Magic Marketing. In this episode, we're introducing a brand-new format designed to provide even more valuable insights into med spa marketing, management, and growth.If you're ready to implement more efficient & effective marketing strategies for your practice, book your FREE strategy session & marketing plan: https://go.medspamagicmarketing.com/schedule Here's what to expect in this episode:Thought of the Day – We begin with a key insight or idea to set a productive tone for the week.Industry News Stories – - What will happen to weight loss drug supply chains? - https://www.healthline.com/health-news/compounded-weight-loss-drug-ban-ozempic-zepbound - Attorney Courtney Walker's Instagram for Legal Updates: https://www.instagram.com/courtapprovedaesthetics/ - Michael Girdley on YouTube - https://www.youtube.com/watch?v=Ux5It1VC_aY - Girdley believes the Med Spa boom is shifting from an explosive growth phase to a consolidation phase.Magic Moves with Lauren Nettles – Our Lead Digital Marketing Specialist, Lauren Nettles, joins us to share practical tips, tactics, and strategies to help you better market and manage your practice. Our topic today includes:- A high-performing ad offer that has generated strong results- Why certain discounts work better than others for attracting new patients- The importance of ad targeting and messaging to maximize ROI- How to structure offers that increase bookings without sacrificing long-term profitabilityMed Spa Owner Q&A – Answering real questions from med spa owners across the country, covering key challenges and growth strategies.Mindset Minute – Closing with a powerful takeaway to help maintain focus, motivation, and a positive mindset throughout the week.See offer benchmark screenshot in this video: https://www.youtube.com/watch?v=3QC0wA8Z3VQ Follow us on Instagram: https://www.instagram.com/medspamagicmarketing/
You won't believe this unique real estate investment: a Bingo Hall for sale in Michigan!Business Listing - https://abb-businessbrokers.com/long-time-bingo-hall/Acquisition Lab – Your premier buy-side advisory service for buying a business. Check them out at https://www.acquisitionlab.com/HoldCo Conference – The ultimate event for entrepreneurs and investors in the holding company space. Get your tickets at https://www.holdcoconference.comIn this episode, the team dives into an unusual investment opportunity: a long-standing Bingo Hall in Michigan. Mills Snell, Michael Girdley, and Heather Endresen discuss the business model, potential risks, and whether this is a viable acquisition. They explore the regulatory gray areas of bingo operations, compare them to other gambling-adjacent businesses like poker rooms in Texas, and debate the long-term sustainability of the industry as demographics shift. Is this a hidden gem or a risky play?Key Highlights:- Why Bingo Halls are so hard to find on the market- The real estate play behind this business opportunity- The regulatory and compliance risks of bingo and gambling-adjacent businesses- Is the decline of baby boomers a long-term headwind for Bingo?- Can an SBA loan be used for this kind of acquisition?- The parallels between Bingo Halls, poker rooms, and other gaming-related businessesSubscribe to weekly our Newsletter and get curated deals in your inboxAdvertise with us by clicking here Do you love Acquanon and want to see our smiling faces? Subscribe to our Youtube channel. Do you enjoy our content? Rate our show! Follow us on Twitter @acquanon Learnings about small business acquisitions and operations. For inquiries or suggestions, email us at contact@acquanon.com
You won't believe this unique real estate investment: a Bingo Hall for sale in Michigan!Business Listing - https://abb-businessbrokers.com/long-time-bingo-hall/Acquisition Lab – Your premier buy-side advisory service for buying a business. Check them out at https://www.acquisitionlab.com/HoldCo Conference – The ultimate event for entrepreneurs and investors in the holding company space. Get your tickets at https://www.holdcoconference.comIn this episode, the team dives into an unusual investment opportunity: a long-standing Bingo Hall in Michigan. Mills Snell, Michael Girdley, and Heather Endresen discuss the business model, potential risks, and whether this is a viable acquisition. They explore the regulatory gray areas of bingo operations, compare them to other gambling-adjacent businesses like poker rooms in Texas, and debate the long-term sustainability of the industry as demographics shift. Is this a hidden gem or a risky play?Key Highlights:- Why Bingo Halls are so hard to find on the market- The real estate play behind this business opportunity- The regulatory and compliance risks of bingo and gambling-adjacent businesses- Is the decline of baby boomers a long-term headwind for Bingo?- Can an SBA loan be used for this kind of acquisition?- The parallels between Bingo Halls, poker rooms, and other gaming-related businessesSubscribe to weekly our Newsletter and get curated deals in your inboxAdvertise with us by clicking here Do you love Acquanon and want to see our smiling faces? Subscribe to our Youtube channel. Do you enjoy our content? Rate our show! Follow us on Twitter @acquanon Learnings about small business acquisitions and operations. For inquiries or suggestions, email us at contact@acquanon.com
In this episode, I am joined by Michael Girdley, Chairman and CEO of Girdley Enterprises, as we discuss how to build a HoldCo. Michael shares his frameworks and best practices for structuring HoldCo's.Episode Timestamps: 00:00 Intro02:25 What is HoldCo07:22 Types of HoldCo09:45 Why go HoldCo12:56 Types of HoldCo Pt 215:27 Frameworks for structuring your HoldCo19:16 7 steps of starting a HoldCo23:47 Why HoldCo's are awesome36:12 HoldCo's are antifragile 43:16 Make sure HoldCo's are right for you45:16 HoldCo Conference1) What's a Holdco?It's owning multiple businesses but not running any of them day-to-day.Think Warren Buffett lite - you're the maestro orchestrating a portfolio of companies.2) Why go Holdco?• Diversify risk• Create asymmetric bets• Design your ideal lifestyle• Leverage your passionsGirdley: "I tap dance to work every day, even when things are sucky."3) Types of Holdcos:• Roll-up (same biz, diff locations)• Platform (related businesses)• Pure Holdco (unrelated businesses)• Conglomerate (big daddy version)Pick your flavor based on your interests & expertise!4) How to start your Holdco journey:1. Have a plan2. Define your goals3. Design your org structure4. Consult lawyers & tax pros5. Build your all-star advisory team6. Execute & iterate7. Optimize for happiness!5) The secret sauce?
In this episode of Acquisitions Anonymous, hosts Heather Endresen, Bill D'Alessandro, Michael Girdley, Mills Snell, and special guest Chelsea Wood from Acquisition Lab take on a unique deal—a Harley-Davidson dealership listed at $8.6 million with $2.1 million in EBITDA. This episode is sponsored by Connor Groce – your go-to franchise consultant, helping prospective owners choose the right franchise and avoid common pitfalls. Connect with Connor's team or attend his Gateway to Franchise Ownership workshop by visiting the link in the show notes. Visit https://www.connorgroce.com/ for more information.They dig into the complexities of owning a franchise dealership, Harley-Davidson's brand challenges with shifting demographics, and whether this iconic brand can attract younger generations or if it's a risky buy in a declining market.Key Highlights:- Generational Shift & Brand Image: The team explores Harley's struggle to maintain its appeal as younger generations show less interest in motorcycles, affecting dealership sales and longevity.- Franchise Dealership Model: Michael explains the razor-and-blade model of franchise dealerships, where profits come more from service, parts, and financing rather than new bike sales.- Buyer Beware: Chelsea warns about the risks for inexperienced buyers, emphasizing the importance of thorough due diligence and questioning why existing franchise owners haven't picked up this dealership.- Industry Dynamics: Bill highlights market shifts in power sports and discusses whether Harley-Davidson's brand has long-term durability or is facing a “falling knife” situation as sales decline.Subscribe to weekly our Newsletter and get curated deals in your inboxAdvertise with us by clicking here Do you love Acquanon and want to see our smiling faces? Subscribe to our Youtube channel. Do you enjoy our content? Rate our show! Follow us on Twitter @acquanon Learnings about small business acquisitions and operations. For inquiries or suggestions, email us at contact@acquanon.com
In this episode of Acquisitions Anonymous, hosts Heather Endresen, Bill D'Alessandro, Michael Girdley, Mills Snell, and special guest Chelsea Wood from Acquisition Lab take on a unique deal—a Harley-Davidson dealership listed at $8.6 million with $2.1 million in EBITDA. This episode is sponsored by Connor Groce – your go-to franchise consultant, helping prospective owners choose the right franchise and avoid common pitfalls. Connect with Connor's team or attend his Gateway to Franchise Ownership workshop by visiting the link in the show notes. Visit https://www.connorgroce.com/ for more information.They dig into the complexities of owning a franchise dealership, Harley-Davidson's brand challenges with shifting demographics, and whether this iconic brand can attract younger generations or if it's a risky buy in a declining market.Key Highlights:- Generational Shift & Brand Image: The team explores Harley's struggle to maintain its appeal as younger generations show less interest in motorcycles, affecting dealership sales and longevity.- Franchise Dealership Model: Michael explains the razor-and-blade model of franchise dealerships, where profits come more from service, parts, and financing rather than new bike sales.- Buyer Beware: Chelsea warns about the risks for inexperienced buyers, emphasizing the importance of thorough due diligence and questioning why existing franchise owners haven't picked up this dealership.- Industry Dynamics: Bill highlights market shifts in power sports and discusses whether Harley-Davidson's brand has long-term durability or is facing a “falling knife” situation as sales decline.Subscribe to weekly our Newsletter and get curated deals in your inboxAdvertise with us by clicking here Do you love Acquanon and want to see our smiling faces? Subscribe to our Youtube channel. Do you enjoy our content? Rate our show! Follow us on Twitter @acquanon Learnings about small business acquisitions and operations. For inquiries or suggestions, email us at contact@acquanon.com
In this episode of Business Brain, Dave and Shannon discuss a variety of topics, starting with the expansion of Spirit Halloween stores into the Christmas season with Spirit Christmas, highlighting the pop-up retail model's risk-managed approach. They then dive into Michael Girdley's list of “11 tells of successful people,” exploring […] The post “Tells” of Successful People – Business Brain 591 appeared first on Business Brain - The Entrepreneurs' Podcast.
In today's episode of Acquisitions Anonymous, hosts Michael Girdley and Heather Endresen analyze a unique niche business—a high-margin sneeze guard manufacturing company based in California. With an asking price of $1.25 million and an impressive 66% margin, this company specializes in sneeze guards and shower doors, with customers across all 50 states. The hosts break down the numbers, explore the e-commerce-driven business model, and examine the challenges of operating out of high-cost real estate. Tune in to find out if this sneeze guard business is worth the price or just a niche oddity.Key Points Discussed:1. Business Overview – A sneeze guard manufacturing company with $750,000 in gross revenue and $500,000 EBITDA.2. High Margins, Low Sales – The puzzling combination of high margins and relatively low sales volume.3. Growth Potential – How online sales and proprietary software could fuel future growth.Real Estate Dilemma – The complications of operating in an expensive California market with low rental income.4. Niche Market Analysis – How COVID-19 impacted the sneeze guard business and whether it's a sustainable investment.Sponsor: Acquisition LabIf you're serious about buying a business, check out the Acquisition Lab. It's the leading community for searchers seeking to buy small businesses. Gain access to tools, resources, and a community of fellow searchers to help you through your journey. Whether you're a first-time buyer or an experienced entrepreneur, the Acquisition Lab can help. Visit Acquisition Lab to learn more.Subscribe to weekly our Newsletter and get curated deals in your inboxAdvertise with us by clicking here Do you love Acquanon and want to see our smiling faces? Subscribe to our Youtube channel. Do you enjoy our content? Rate our show! Follow us on Twitter @acquanon Learnings about small business acquisitions and operations. For inquiries or suggestions, email us at contact@acquanon.com
In today's episode of Acquisitions Anonymous, hosts Michael Girdley and Heather Endresen analyze a unique niche business—a high-margin sneeze guard manufacturing company based in California. With an asking price of $1.25 million and an impressive 66% margin, this company specializes in sneeze guards and shower doors, with customers across all 50 states. The hosts break down the numbers, explore the e-commerce-driven business model, and examine the challenges of operating out of high-cost real estate. Tune in to find out if this sneeze guard business is worth the price or just a niche oddity.Key Points Discussed:1. Business Overview – A sneeze guard manufacturing company with $750,000 in gross revenue and $500,000 EBITDA.2. High Margins, Low Sales – The puzzling combination of high margins and relatively low sales volume.3. Growth Potential – How online sales and proprietary software could fuel future growth.Real Estate Dilemma – The complications of operating in an expensive California market with low rental income.4. Niche Market Analysis – How COVID-19 impacted the sneeze guard business and whether it's a sustainable investment.Sponsor: Acquisition LabIf you're serious about buying a business, check out the Acquisition Lab. It's the leading community for searchers seeking to buy small businesses. Gain access to tools, resources, and a community of fellow searchers to help you through your journey. Whether you're a first-time buyer or an experienced entrepreneur, the Acquisition Lab can help. Visit Acquisition Lab to learn more.Subscribe to weekly our Newsletter and get curated deals in your inboxAdvertise with us by clicking here Do you love Acquanon and want to see our smiling faces? Subscribe to our Youtube channel. Do you enjoy our content? Rate our show! Follow us on Twitter @acquanon Learnings about small business acquisitions and operations. For inquiries or suggestions, email us at contact@acquanon.com
In this episode of Acquisitions Anonymous, hosts Michael Girdley, Bill D'Alessandro, Heather Endresen, and Mills Snell discuss a unique business: a premier manufacturer of wooden roof and floor trusses. With over $5 million in EBITDA and $11 million in annual revenue, the group dives into the pros and cons of this construction product business located in the southeastern U.S. They explore the implications of the company's geographic location, customer concentration, and reliance on the construction market. Plus, Mills shares insights from a similar business acquisition and how it relates to this deal.Key Points Discussed:- Geographically Moated Business: How location plays a significant role in the success of this truss manufacturing company.- Customer Concentration: The risks and opportunities of working with building supply companies and contractors.- Cyclical Industry: What happens to businesses like this one during economic downturns in the construction sector.- Trusting the Trusses: The importance of high-quality, engineered trusses in modern construction and why they are in demand.Thanks to this week's sponsor:Acquisition Lab and their team have been longtime supporters of the pod. Acquisition Lab exists to help people buy a business and navigate all the complexities of the process, as well as provide a trusted framework, tools, and resources to support you from search to close.If you are serious about buying a business, check out acquisitionlab.com or email the Lab's director Chelsea Wood at chelsea@buythenbuild.com and mention us ;)Subscribe to weekly our Newsletter and get curated deals in your inboxAdvertise with us by clicking here Do you love Acquanon and want to see our smiling faces? Subscribe to our Youtube channel. Do you enjoy our content? Rate our show! Follow us on Twitter @acquanon Learnings about small business acquisitions and operations. For inquiries or suggestions, email us at contact@acquanon.com
In this episode of Acquisitions Anonymous, hosts Michael Girdley, Bill D'Alessandro, Heather Endresen, and Mills Snell discuss a unique business: a premier manufacturer of wooden roof and floor trusses. With over $5 million in EBITDA and $11 million in annual revenue, the group dives into the pros and cons of this construction product business located in the southeastern U.S. They explore the implications of the company's geographic location, customer concentration, and reliance on the construction market. Plus, Mills shares insights from a similar business acquisition and how it relates to this deal.Key Points Discussed:- Geographically Moated Business: How location plays a significant role in the success of this truss manufacturing company.- Customer Concentration: The risks and opportunities of working with building supply companies and contractors.- Cyclical Industry: What happens to businesses like this one during economic downturns in the construction sector.- Trusting the Trusses: The importance of high-quality, engineered trusses in modern construction and why they are in demand.Thanks to this week's sponsor:Acquisition Lab and their team have been longtime supporters of the pod. Acquisition Lab exists to help people buy a business and navigate all the complexities of the process, as well as provide a trusted framework, tools, and resources to support you from search to close.If you are serious about buying a business, check out acquisitionlab.com or email the Lab's director Chelsea Wood at chelsea@buythenbuild.com and mention us ;)Subscribe to weekly our Newsletter and get curated deals in your inboxAdvertise with us by clicking here Do you love Acquanon and want to see our smiling faces? Subscribe to our Youtube channel. Do you enjoy our content? Rate our show! Follow us on Twitter @acquanon Learnings about small business acquisitions and operations. For inquiries or suggestions, email us at contact@acquanon.com
In this episode of Acquisitions Anonymous, hosts Michael Girdley, Bill D'Alessandro, Heather Endresen, and Mills Snell dive into the sale of a sleep disorder and attention deficit disorder medical practice based in Detroit, Michigan. With an asking price of $5 million and a net cash flow of $1.8 million, the team discusses the complexities of owning a medical practice, the revenue potential from sleep apnea treatments, and whether an owner needs to be a licensed physician. They explore the practice's payer mix, potential technological disruptions, and whether owning the CPAP distribution side of the business is key to profitability.Key Points Discussed:- Payer Mix and Margins: How the mix of private insurance, Medicare, and Medicaid impacts the clinic's value.- Physician Ownership: Whether a non-physician can own this practice through an MSO (Medical Service Organization).- CPAP Business Model: Understanding whether the clinic profits from the sales and maintenance of CPAP machines.- Market Trends: The increasing prevalence of sleep disorders and the residual income potential from repeat visits and equipment servicing.Thanks to this week's sponsor:Acquisition Lab and their team have been longtime supporters of the pod. Acquisition Lab exists to help people buy a business and navigate all the complexities of the process, as well as provide a trusted framework, tools, and resources to support you from search to close.If you are serious about buying a business, check out acquisitionlab.com or email the Lab's director Chelsea Wood at chelsea@buythenbuild.com and mention us ;)Subscribe to weekly our Newsletter and get curated deals in your inboxAdvertise with us by clicking here Do you love Acquanon and want to see our smiling faces? Subscribe to our Youtube channel. Do you enjoy our content? Rate our show! Follow us on Twitter @acquanon Learnings about small business acquisitions and operations. For inquiries or suggestions, email us at contact@acquanon.com
In this episode of Acquisitions Anonymous, hosts Michael Girdley, Bill D'Alessandro, Heather Endresen, and Mills Snell dive into the sale of a sleep disorder and attention deficit disorder medical practice based in Detroit, Michigan. With an asking price of $5 million and a net cash flow of $1.8 million, the team discusses the complexities of owning a medical practice, the revenue potential from sleep apnea treatments, and whether an owner needs to be a licensed physician. They explore the practice's payer mix, potential technological disruptions, and whether owning the CPAP distribution side of the business is key to profitability.Key Points Discussed:- Payer Mix and Margins: How the mix of private insurance, Medicare, and Medicaid impacts the clinic's value.- Physician Ownership: Whether a non-physician can own this practice through an MSO (Medical Service Organization).- CPAP Business Model: Understanding whether the clinic profits from the sales and maintenance of CPAP machines.- Market Trends: The increasing prevalence of sleep disorders and the residual income potential from repeat visits and equipment servicing.Thanks to this week's sponsor:Acquisition Lab and their team have been longtime supporters of the pod. Acquisition Lab exists to help people buy a business and navigate all the complexities of the process, as well as provide a trusted framework, tools, and resources to support you from search to close.If you are serious about buying a business, check out acquisitionlab.com or email the Lab's director Chelsea Wood at chelsea@buythenbuild.com and mention us ;)Subscribe to weekly our Newsletter and get curated deals in your inboxAdvertise with us by clicking here Do you love Acquanon and want to see our smiling faces? Subscribe to our Youtube channel. Do you enjoy our content? Rate our show! Follow us on Twitter @acquanon Learnings about small business acquisitions and operations. For inquiries or suggestions, email us at contact@acquanon.com
In this episode of Acquisitions Anonymous, hosts Michael Girdley, Bill D'Alessandro, Heather Endresen, and Mills Snell evaluate a nationwide refrigerated and dry freight trucking company with $4.7 million in EBITDA. The discussion touches on the challenges of owning a trucking business in a volatile freight industry, the risks associated with owning 35 trucks, and the pros and cons of doubling fleet size to 60 trucks. They also explore the cyclical nature of the trucking industry and whether selling trucks and focusing on freight booking could increase profitability.Key Points Discussed:• Asset-Heavy vs. Asset-Light: The risks of owning trucks and the benefits of shifting to a more asset-light model.• Cyclical Industry Risks: The impact of the freight market's cyclicality and how businesses handle booms and busts.• Growth Through Expansion: Why expanding the fleet might not be the best strategy in a saturated market.• Logistics and Dispatch: The role of 24/7 dispatch teams and owner-operators in managing the logistics nightmare of trucking.Thanks to this week's sponsor:Acquisition Lab and their team have been longtime supporters of the pod. Acquisition Lab exists to help people buy a business and navigate all the complexities of the process, as well as provide a trusted framework, tools, and resources to support you from search to close.If you are serious about buying a business, check out acquisitionlab.com or email the Lab's director Chelsea Wood at chelsea@buythenbuild.com and mention us ;)Subscribe to weekly our Newsletter and get curated deals in your inboxAdvertise with us by clicking here Do you love Acquanon and want to see our smiling faces? Subscribe to our Youtube channel. Do you enjoy our content? Rate our show! Follow us on Twitter @acquanon Learnings about small business acquisitions and operations. For inquiries or suggestions, email us at contact@acquanon.com
In this episode of Acquisitions Anonymous, hosts Michael Girdley, Bill D'Alessandro, Heather Endresen, and Mills Snell evaluate a nationwide refrigerated and dry freight trucking company with $4.7 million in EBITDA. The discussion touches on the challenges of owning a trucking business in a volatile freight industry, the risks associated with owning 35 trucks, and the pros and cons of doubling fleet size to 60 trucks. They also explore the cyclical nature of the trucking industry and whether selling trucks and focusing on freight booking could increase profitability.Key Points Discussed:• Asset-Heavy vs. Asset-Light: The risks of owning trucks and the benefits of shifting to a more asset-light model.• Cyclical Industry Risks: The impact of the freight market's cyclicality and how businesses handle booms and busts.• Growth Through Expansion: Why expanding the fleet might not be the best strategy in a saturated market.• Logistics and Dispatch: The role of 24/7 dispatch teams and owner-operators in managing the logistics nightmare of trucking.Thanks to this week's sponsor:Acquisition Lab and their team have been longtime supporters of the pod. Acquisition Lab exists to help people buy a business and navigate all the complexities of the process, as well as provide a trusted framework, tools, and resources to support you from search to close.If you are serious about buying a business, check out acquisitionlab.com or email the Lab's director Chelsea Wood at chelsea@buythenbuild.com and mention us ;)Subscribe to weekly our Newsletter and get curated deals in your inboxAdvertise with us by clicking here Do you love Acquanon and want to see our smiling faces? Subscribe to our Youtube channel. Do you enjoy our content? Rate our show! Follow us on Twitter @acquanon Learnings about small business acquisitions and operations. For inquiries or suggestions, email us at contact@acquanon.com
In this episode of Acquisitions Anonymous, hosts Michael Girdley and Heather Endresen evaluate a metal recycling business for sale in Pennsylvania. With $1.1 million in cash flow and $20 million in annual revenue, the conversation explores the business's asset value, including $2 million in inventory and $2.5 million in equipment. Heather and Michael also dig into key factors like the potential impact of commodity price fluctuations, the importance of owning the real estate, and the environmental concerns tied to the business's location.Key Points Discussed:- Inventory & Pricing Risk: The challenge of managing $2 million in inventory and how commodity pricing impacts profitability.- Environmental Concerns: Why it's critical to understand the environmental state of a property in a recycling business.- Location Dependence: The importance of owning real estate in a business heavily tied to its physical location.- Low Margins: How operating at a 5% net margin presents risk and the challenges of maintaining profitability in a low-margin industry.✉️ Subscribe to our Newsletter and get more deals like this every week**: https://www.acquanon.com/newsletter
In this episode of Acquisitions Anonymous, hosts Michael Girdley and Heather Endresen evaluate a metal recycling business for sale in Pennsylvania. With $1.1 million in cash flow and $20 million in annual revenue, the conversation explores the business's asset value, including $2 million in inventory and $2.5 million in equipment. Heather and Michael also dig into key factors like the potential impact of commodity price fluctuations, the importance of owning the real estate, and the environmental concerns tied to the business's location.Key Points Discussed:- Inventory & Pricing Risk: The challenge of managing $2 million in inventory and how commodity pricing impacts profitability.- Environmental Concerns: Why it's critical to understand the environmental state of a property in a recycling business.- Location Dependence: The importance of owning real estate in a business heavily tied to its physical location.- Low Margins: How operating at a 5% net margin presents risk and the challenges of maintaining profitability in a low-margin industry.✉️ Subscribe to our Newsletter and get more deals like this every week**: https://www.acquanon.com/newsletter
In this episode of Acquisitions Anonymous, hosts Bill D'Alessandro and Michael Girdley dive into a unique opportunity: a youth residential treatment facility with a $750,000 cash flow, up for sale at $5.5 million. The conversation explores key challenges, including recruitment difficulties and staff-to-youth ratios that impact the facility's ability to operate at full capacity. They discuss whether the rural Utah location enhances the value due to outdoor programs or limits it due to labor shortages.Key Points Discussed:- Staffing Challenges: How recruitment issues affect profitability and capacity in residential treatment centers.- Real Estate Considerations: Whether the $2.7 million in real estate valuation is justified and how owning the property factors into the deal.- Mission-Driven Work: The pros and cons of running a business that changes lives but can be emotionally taxing.- Baumol's Cost Disease: A deeper dive into how rising wages in one sector affect staffing costs in others.✉️ Subscribe to our Newsletter and get more deals like this every week**: https://www.acquanon.com/newsletter
In this episode of Acquisitions Anonymous, hosts Bill D'Alessandro and Michael Girdley dive into a unique opportunity: a youth residential treatment facility with a $750,000 cash flow, up for sale at $5.5 million. The conversation explores key challenges, including recruitment difficulties and staff-to-youth ratios that impact the facility's ability to operate at full capacity. They discuss whether the rural Utah location enhances the value due to outdoor programs or limits it due to labor shortages.Key Points Discussed:- Staffing Challenges: How recruitment issues affect profitability and capacity in residential treatment centers.- Real Estate Considerations: Whether the $2.7 million in real estate valuation is justified and how owning the property factors into the deal.- Mission-Driven Work: The pros and cons of running a business that changes lives but can be emotionally taxing.- Baumol's Cost Disease: A deeper dive into how rising wages in one sector affect staffing costs in others.✉️ Subscribe to our Newsletter and get more deals like this every week**: https://www.acquanon.com/newsletter
Thinking about selling your business? Here's everything you need to know.In this episode, I sit down with the amazing Cathryn Lavery to hear the incredible story of how she sold her business—and then bought it back.We chat about the real challenges entrepreneurs face when selling a business, the must-know tips to protect yourself from making expensive mistakes, and how to secure the best deal.Cathryn also shares how $230,000 was stolen from her business, and we dig into how she's using AI and tech solutions to stay ahead, especially in a post-COVID world.Timestamps:00:00 Introduction: Key Takeaways from This Business Journey00:58 What 'Hanging Around the Hoop' Means for Your Business Strategy03:44 How to Decide Whether to Sell Your Business08:33 Adapting Your Business Strategy During COVID10:25 How to Navigate the Business Selling Process: Proven Tips and Negotiation Strategies13:59 What to Expect After Selling Your Business17:29 Things to Know Before Selling Your Business23:05 How to Approach Rebuying Your Business27:57 Negotiation Tips34:48 Starting Over: Essential Lessons and Strategies for Success37:48 Best Ways to Use AI to Optimize Business Operations50:10 How AI Can Improve Both Personal and Business Efficiency55:44 How to Combat and Prevent Counterfeit Issues in Your Business58:21 Dealing with Embezzlement: Protect Your Business from Theft01:09:28 Advantages and Challenges of Hiring Remote Talent01:12:21 Effective Personal Productivity Systems and Life Hacks01:16:29 Closing ThoughtsIf you enjoyed this episode, please like and subscribe, share it with your friends, and leave us a review. We read every single one.Know more about Billion Dollar Creator: https://www.billiondollarcreator.com/Follow Nathan:Instagram: https://www.instagram.com/nathanbarry/LinkedIn: https://www.linkedin.com/in/nathanbarry/Twitter: https://twitter.com/nathanbarryWebsite: https://nathanbarry.com/Follow Cathryn:YouTube: https://www.youtube.com/@LittleMightTwitter: https://twitter.com/cathrynlaveryTikTok: https://www.tiktok.com/@cathrynlaveryLinkedIn: https://www.linkedin.com/in/cathryn-lavery/Instagram: https://www.instagram.com/cathryn.lavery/Featured in this episode:Michael Girdley - https://www.girdley.com/BestSelf Co. - https://bestself.co/ConvertKit (soon to be Kit) - https://convertkit.com/ChatGPT - https://chat.openai.com/Claude (AI assistant) - https://www.anthropic.com/Fiverr - https://www.fiverr.com/Final Loop - https://finaloop.com/Super Whisper - https://superwhisper.com/Sagan Passport - https://saganpassport.com/Quick Hire VA - https://quickhireva.com/Online Jobs - https://www.onlinejobs.ph/Alexa - https://www.amazon.com/alexaLittle Talk - https://bestself.co/products/little-talk-deckTropical MBA - https://tropicalmba.com/"Before the Exit" - https://a.co/d/dzlXNcHHighlights:03:14 Decision-Making Framework34:48 The Struggle of Founders and Blank Slates35:42 Nathan's Major Shift in Management Strategy44:42 Joining a Team Without Context: Lessons from Apple University01:06:08 Embezzlement and Taking Vacations
Michael Girdley, CEO of an 11-business holding company and Sean Linehan, CEO at Exec and Squad join Erik Torenberg to talk about the unique approach to incubating businesses, the importance of leveraging media presence, and understanding the intricacies of modern media and business strategies. Grow and monetize your newsletter with Beehiiv: head to https://Beehiiv.com and use code “EMPIRES” for 20% off your first three months.
Welcome to Real Estate Anonymous Episode 4! This week, we have Michael Girdley, Brett Moss, Eric Weatherholtz, and Elliot White. They broke down a multi-family space in Jacksonville, which gives everyone a pause. Tune in below!Thanks to our friends at Re Cost Seg for sponsoring today's episode. They are the premier provider of cost segregation studies. Founded by serial entrepreneur and CPA Mitchell Baldridge, RE Cost Seg is revolutionizing how investors approach taxes and cash flow on their properties. Are you tired of watching your hard-earned money go toward hefty tax bills? A cost segregation study from RE Cost Seg could help you save significantly on your taxes and keep more of your real estate income if you own an investment property.Their expert engineers dive deep into your property, uncovering opportunities for accelerated depreciation across every investment property type, from single-family rentals to large commercial properties. Check them out: REcostseg.com/REApod.
Welcome to Real Estate Anonymous Episode 3! This week, we have Michael Girdley, Eric Weatherholtz, and Elliot White. Eric brings us a fascinating deal based in Venice, CA. It's a creative space that used to be Snapchat's world headquarters and is listed for $55 million. Tune in below!Thanks to our friends at Re Cost Seg for sponsoring today's episode. They are the premier provider of cost segregation studies. Founded by serial entrepreneur and CPA Mitchell Baldridge, RE Cost Seg is revolutionizing how investors approach taxes and cash flow on their properties. Are you tired of watching your hard-earned money go toward hefty tax bills? If you own an investment property, a cost segregation study from RE Cost Seg could help you save significantly on your taxes and keep more of your real estate income.Their expert engineers dive deep into your property, uncovering opportunities for accelerated depreciation across every investment property type, from single-family rentals to large commercial properties. Check them out: REcostseg.com/REApod.
In this episode of Acquisitions Anonymous, Michael Girdley, Bill D'Alessandro, and Heather Endresen discuss buying an aircraft service center. They review the business details, noting its strong sales of $1.2 million and good profit margins. This episode is perfect for anyone interested in aviation and what it takes to run a niche service business.Check out the listing here: https://synergybb.com/listings/well-established-aircraft-service-center/Thanks to this week's sponsor:Have you thought about exiting your current online business or buying one to start a new journey as an entrepreneur but have no idea where to start? Unlock business opportunities with Boopos.com! Boopos is the #1 platform for buying and selling profitable online businesses with built-in acquisition financing for qualified buyers. At Boopos.com, you can source opportunities from Boopos exclusive listings and other marketplaces or bring your own proprietary deal flow for approval. Boopos can offer pre-approved financing for recurring revenue businesses, allowing you to access fast funding with no personal guarantees.Want to find out more? Go to go.boopos.com/michaelgirdley, sign up, and get qualified to sell your business or find your next deal.---Learn how to buy a business.If you are interested in buying a business but unsure how to start, you should check Michael's Buy a Business Course.You will learn:• Build a thesis for the type of business that's right for you• Learn how to stand out in a sea of buyers• Create a working, scalable Deal Engine getting you leads• Maximize your chances of finding great dealsShow Notes: 00:00 intro01:40 Private Planes and the $500 Hamburger04:21 The Dynamics and Safety of Plane Manufacturing05:00 The Price Range of General Aviation Planes06:50 Michael's anecdote09:10 Exploring the Business for Sale: An Aircraft Service Center11:37 The Risks and Challenges of Owning an Aircraft Service Center13:16 Is this a transferable business? 14:42 Why airports don't own this service?18:50 Did we find the business? 24:40 The Ideal Buyer Do you love Acquanon and want to see our smiling faces? Subscribe to our Youtube channel. Do you enjoy our content? Rate our show! Follow us on Twitter @acquanon Learnings about small business acquisitions and operations. For inquiries or suggestions, email us at contact@acquanon.com
In this episode of Acquisitions Anonymous, Michael Girdley, Bill D'Alessandro, and Heather Endresen discuss buying an aircraft service center. They review the business details, noting its strong sales of $1.2 million and good profit margins. This episode is perfect for anyone interested in aviation and what it takes to run a niche service business.Check out the listing here: https://synergybb.com/listings/well-established-aircraft-service-center/Thanks to this week's sponsor:Have you thought about exiting your current online business or buying one to start a new journey as an entrepreneur but have no idea where to start? Unlock business opportunities with Boopos.com! Boopos is the #1 platform for buying and selling profitable online businesses with built-in acquisition financing for qualified buyers. At Boopos.com, you can source opportunities from Boopos exclusive listings and other marketplaces or bring your own proprietary deal flow for approval. Boopos can offer pre-approved financing for recurring revenue businesses, allowing you to access fast funding with no personal guarantees.Want to find out more? Go to go.boopos.com/michaelgirdley, sign up, and get qualified to sell your business or find your next deal.---Learn how to buy a business.If you are interested in buying a business but unsure how to start, you should check Michael's Buy a Business Course.You will learn:• Build a thesis for the type of business that's right for you• Learn how to stand out in a sea of buyers• Create a working, scalable Deal Engine getting you leads• Maximize your chances of finding great dealsShow Notes: 00:00 intro01:40 Private Planes and the $500 Hamburger04:21 The Dynamics and Safety of Plane Manufacturing05:00 The Price Range of General Aviation Planes06:50 Michael's anecdote09:10 Exploring the Business for Sale: An Aircraft Service Center11:37 The Risks and Challenges of Owning an Aircraft Service Center13:16 Is this a transferable business? 14:42 Why airports don't own this service?18:50 Did we find the business? 24:40 The Ideal Buyer Do you love Acquanon and want to see our smiling faces? Subscribe to our Youtube channel. Do you enjoy our content? Rate our show! Follow us on Twitter @acquanon Learnings about small business acquisitions and operations. For inquiries or suggestions, email us at contact@acquanon.com
Welcome to Real Estate Anonymous Episode 1. Tune in every Wednesday to hear Eric Weatherholtz, Elliott White, Brett Moss, and Michael Girdley discuss what's happening in the real estate market. Today's episode features Cocaine, Kurt Cobain, one of the most challenging areas in San Francisco, and IonRecourse working his magic to craft a story around a property that makes it seem way more appealing than it initially would have. Please like and subscribe your favorite streaming platform.
What's up Cashflow Contractors! Celebrate our 200th episode with us as we dive into the brilliant mind of Michael Girdley. From growing and leading his own company to building a business empire, Michael shares gems of wisdom that every entrepreneur needs to hear. Trust us, you don't want to miss this one!Time Stamps01:36 - Intro to Michael Girdley04:51 - Building a Construction Empire05:25 - Core Behaviors vs. Core Values08:29 - Defining & Hiring A-Players15:08 - The Challenges of Hiring Friends & Family16:31 - Embracing Offshore Talent26:21 - Running a Holdco32:17 - Hiring a CEO to Run Your Company37:15 - Living the HoldCo Entrepreneur Life40:38 - The Role and Value of a Board of Directors43:58 - Incentivizing and Structuring a Board46:09 - When to Consider Forming a Board48:25 - Navigating Acquisitions 51:56 - Acquisition Challenges58:09 - The Intricacies of Hiring CEOs 01:00:42 - Different Types of HoldCo01:02:53 - Practical Business Wisdom from Michael GirdleyQuotable Moments from Michael Girdley"Don't do a formal board until you absolutely have to. Don't waste time with formality unless you really feel like you have to do it. Find that stuff the other way if you can. Because boards are a lot of work.""One of the problems with human nature is we'll take people problems and we'll try to throw a system at it, or we'll take a system problem and we'll try to throw people at it. And it's easy to just get really screwed up there.""Never underestimate the power of an enemy, real or imagined to motivate a company.""I'd rather be in a great business with a mediocre team than a mediocre business with a great team. The market wins every time.""This idea of the genius with a thousand helpers or genius with 12 helpers - a lot of businesses run that way. And if you wanna sell your business someday, you need to figure out how to run your business as a real business and not as 12 glorified assistants, which I see happen a lot."Learn how you can improve your customer and project workflows! BOOK YOUR FREE 30-MINUTE STRATEGY CALL HERE! More from Michael GirdleyGirdley.comAcquisitions Anonymous PodcastNearScalepath65 Things You Should Never Do in Life and Business9 Systems Every Business NeedsThe Complete Holdco CourseMore from Martintheprofitproblem.comannealbc.com Email MartinMeet With MartinLinkedInFacebookInstagramMore from Khalilbenali.com Email KhalilMeet With KhalilLinkedInFacebookInstagramMore from The Cashflow ContractorSubscribe to our YouTube channelFollow On Social: LinkedIn, Facebook, Instagram, X(formerly Twitter)Visit our websiteEmail The Cashflow ContractorResourcesNeed Marketing Help? We Recommend BenaliNeed Help with podcast production? We recommend Demandcast
First Class Founders: Creators | Solopreneurs | Personal HoldCo
E75: Michael Girdley (@girdley) needs no introduction. He's a HoldCo legend. Today, host Yong-Soo (@YongSooChung) sits down with Michael to discuss how he has built a successful HoldCo. We talk about Michael's "Right People, Right Structure, Right Mission" framework, which he uses to build all of his businesses. Michael shares how to find the best people, set up your business the right way, and get everyone excited about the same goal.On today's episode, you'll learn:- PHC Organization Structure- How to Propel the Business into Gear - How to Build Your Own Holdco of Multiple Businesses - 'Right People, Right Structure, Right Mission' Framework***SPONSORS: Riverside - If you have a podcast, do yourself a favor and check out Riverside. It's 100% free to start. Get 20% off using code FIRSTCLASS.Spotted by Humphrey - If you have a dog, sniff out the DEAL$ and wag-worthy finds at Spotted by Humphrey. Use code FIRSTCLASS15 to get 15% off your next order. ***EXCERPTS:The Journey: "And what I really discovered was that there's this interesting inflection points in people's lives to when they should sign up to be CEOs of different types of businesses." — Michael Girdley (06:24)Joyful Career: "I think what people should be doing is thinking about the life they wanna live and the things they wanna be doing, and then build companies around that... joy comes from getting to do things that you really love. So build your business around things that give you joy that you get to do." — Michael Girdley (36:40)*** LINKS: How to Hire the Best Operators for Your Personal HoldCoHoldCo MasterclassJOIN: First Class Founders Premium MembershipDOWNLOAD: Hyper-Visuals For Our Episodes (Free)***FOLLOW / REVIEW:- Follow - Leave 5-star review***CONNECT W/ YONG-SOO:- X- Threads- LinkedIn- Newsletter***First Class Founders is a show for indie hackers, bootstrapped founders, CEOs, solopreneurs, content creators, startup entrepreneurs, and SaaS startups covering topics like build in public, audience growth, product marketing, scaling up, side hustles, holding company, etc. Past guests include Arvid Kahl, Tyler Denk, Noah Kagan, Clint Murphy, Jay Abraham, Andrew Gazdecki, Matt McGarry, Nick Huber, Khe Hy, and more. Episode you might like:Future of Newsletters with Tyler Denk, Founder & CEO at BeehiivFrom Zero to 100K Subscribers: How to Grow Your Newsletter like a Pro with Newsletter Growth Expert Matt McGarry...
In this episode with Michael Girdley we talk: - his journey from starting one business to now running 10 - how to create your perfect day - advice he has for other business owners
In the latest Mundane Millionaires episode, Kevin Henderson and Eric Pacifici host Michael Girdley from Girdley Enterprises, Inc. The conversation kicks off with lighthearted banter, setting a friendly tone. Michael shares his journey from a tech enthusiast to a seasoned entrepreneur, illustrating the transition from working in Silicon Valley to diving into family business and beyond. His diverse career trajectory, from leading a fireworks business to venturing into various industries, showcases the evolution of an entrepreneur adapting to different business landscapes.Michael's insights into the importance of aligning business ventures with personal goals and lifestyle preferences resonate throughout the discussion. He emphasizes the concept of 'effectuation,' focusing on leveraging personal strengths and opportunities to create impactful businesses. This approach reflects Michael's entrepreneurial philosophy of building ventures that enrich his life and others. The episode dives into the nuances of family business dynamics, succession planning, and the challenges of maintaining harmony and professionalizing operations. Michael's candid reflections on his growth, learning from mistakes, and the value of mentorship provide valuable lessons for aspiring entrepreneurs.Through engaging storytelling and practical advice, this episode of Mundane Millionaires offers listeners a deep dive into the entrepreneurial mindset, the complexities of business ownership, and the pursuit of meaningful impact. Michael Girdley's journey underscores the significance of adaptability, intentionality, and the pursuit of fulfillment in the entrepreneurial landscape. Support the showThanks for listening! Be sure to leave us a 5 star review and share this episode with your friends!For more content from Mundane Millionaires, follow us here: Twitter Instagram Facebook Youtube TikTok Sign up for the free Business Buying Masterclass at https://masterclass.thesmbcenter.com!For more content from our hosts, Kevin and Eric, following them here:Kevin: Twitter LinkedIn Instagram YouTube TikTok Eric Pacifici Twitter LinkedIn Instagram
Michael Girdley joins Something For Everybody this week. Michael spent the last 30 years building an 11+ business holding company. He also built a 200k+ Twitter following and a newsletter with over 30k readers.He shares what he knows because he loves to teach. Teaching makes Michael a better thinker. And thinking better makes him happy. Michal is also a tech evangelist in his home city of San Antonio. Michael enabled the creation of 1,000+ new tech jobs in the area through entrepreneurial and leadership roles at numerous companies and nonprofits. In this conversation, Michael shares insights and lessons learned from owning failing businesses. He emphasizes that it's never one thing that kills a business, but rather a confluence of factors. Michael also discusses the importance of luck in success and the need to acknowledge and appreciate the role it plays. He highlights the emotional toll of business failure and the importance of taking care of oneself and building a support system. The conversation concludes by emphasizing the value of building great teams and nurturing relationships. - Sponsors: AMARE GLOBAL: The Mental Wellness Company - get $10 off your next order - https://www.amare.com/155249/en-us/ (use code: EVERYBODY) Get 10% discount on all For Everybody products at https://shopforeverybody.com/ (use code: SFE10) Get 10% off Jocko Fuel at https://store.jockofuel.com/ (use code EVERYBODY) - Extra Stuff: Follow Michael on X: https://twitter.com/girdley Michael's Website: https://girdley.com/ Thread Explained in Episode: https://twitter.com/girdley/status/1738548816490725690?t=LCx4TNfJ2_5Yob0f872P_Q&s=19 - Check out my mental health non-profit, YouAreLoved: https://youarelovedlife.com/ Subscribe to my newsletter: https://aaronmachbitz.com/ Something For Everybody Merchandise → https://shopforeverybody.com/collections/somethingforeverybody - To support me on Patreon (thank you): https://www.patreon.com/AaronMachbitz (Recorded on January 11th, 2024) Edited by Ben Rogerson (@BenRogerson_) Intro music by Residual Audio (Residualaudio.com) - Get in touch: iG: https://www.instagram.com/AaronMachbitz Twitter: https://twitter.com/AaronMachbitz Facebook: https://www.facebook.com/AMachbitz/ YouTube: https://www.youtube.com/@AaronMachbitz Email: https://www.aaronmachbitz.com/contact/
Michael Girdley has spent the last 30 years building a $100M+ holding company. He's also built a 200k+ Twitter following and a newsletter with over 20k readers. He's also a major tech evangelist in San Antonio, enabling the creation of 1,000+ new tech jobs in the area through entrepreneurial and leadership roles at numerous companies and nonprofits. Most importantly, he loves Chilis
This episode is brought to you by The Profit Line: The Outsourced Finance & Accounting Department for Small and Medium Sized Businesses * This episode is brought to you by Oberle Risk Strategies: Insurance Broker and Insurance Due Diligence Provider for Search Funds and Other Small-to-Medium-Sized Businesses * Today I'm joined by Michael Girdley, an entrepreneur and investor who has spent the past 30 years building a personal holding company boasting over $100M in annual revenue, comprised of 12 businesses across software, technology, consumer retail, and education, among others. Outside of managing his holding company, Michael is deeply involved in the North American SMB ecosystem: He co-hosts Acquisitions Anonymous, a podcast that reaches over 10,000 listeners weekly, where he and his co-hosts dissect real businesses currently up for sale. He also offers two online courses, educating prospective entrepreneurs on the Holding Company model, as well as best practices on how to find and acquire a great small business. He is also an active investor in small- and medium-sized software companies through another holding company, Dura Software, that invests in mission-critical B2B software companies spanning multiple niches.
In this episode with Michael Girdley and Heather Endresen, they explore the potential of a septic services company in Montana. The company offers various services, primarily focusing on septic tank-related work, and generates significant revenue. They speculate that the business may be most valuable to a buyer already established in the area. While there are opportunities, they acknowledge that the buyer pool for such a niche business might be limited.Check out the listing: https://www.bizbuysell.com/Business-Opportunity/septic-services-company/2056886/Thanks to our sponsors!CloudBookkeeping offers adaptable solutions to businesses that want to focus on growth with a “client service first” approach. They offer a full suite of accounting services, including sophisticated reporting, QuickBooks software solutions, and full-service payroll options. Do you love Acquanon and want to see our smiling faces? Subscribe to our Youtube channel. Do you enjoy our content? Rate our show! Follow us on Twitter @acquanon Learnings about small business acquisitions and operations.
Welcome to another episode of the Build In Public Podcast.Today's episode features Michael Girdley, CEO of a $100m/yr holding company and a serial entrepreneur for 20 companies over 30 years in San Antonio. Michael is also a partner at the Geekdom Fund, a seed-stage tech venture capital fund that has invested in over 50 high-growth tech companies. He has also built a 195k+ Twitter following and a newsletter with over 20k readers. Now he enjoys teaching and helping founders online and created The Complete HoldCo CourseIn this interview, Michael and KP go through a series of interesting topics such as:● (00:00) Intro● (04:11) How Michael got into entrepreneurship● (05:43) Being a geek and its definition● (08:33) Web programming with Java - first book Michael wrote● (11:11) How it felt after writing a book● (12:31) Michael as compared to a young Bill Gates● (13:52) Working hard vs Doing what you love● (14:58) Maintaining great output simultaneously● (17:29) Going all in on one company● (19:21) Michael's experiences and lessons from Silicon Valley● (21:39) Community as a necessity for founders● (24:29) Michael's favorite business heroes● (27:19) Looking back through decisions and regrets● (29:11) Advice to his 18 year old self● (32:11) Rapid Fire Round with Michael GirdleyBuild In Public Podcast is an interview show where KP chats with ambitious startup founders, CEOs, and top Internet creators to unpack their stories, insights, and lessons.Share your thoughts about this episode. Thanks for listening!Links:Michael on X: https://twitter.com/girdleyMichael's website: https://girdley.com/Michael's Holdco course: https://holdco.girdley.com/KP's Twitter: https://twitter.com/thisiskp_ KP's YouTube Channel: https://www.youtube.com/c/KarthikPuvvadaKP
Episode 73: Alex Lieberman (@businessbarista) talks about EOS, an operating system for running & scaling your business successfully. In 2019, Morning Brew used EOS to scale the business from 15 people and $3 million in revenue to 300 people and $75 million in revenue. Michael Girdley is an entrepreneur and content creator who has a holding company of 12 businesses that do $100m in annual revenue. Michael is an EOS expert, having read Traction (which is the Bible of EOS dozens of times) and applied EOS to all of his portfolio companies. By the end of this episode you'll understand how EOS works, have tools to apply it to your business, and understand if it's a framework you want to understand more deeply. Links: Traction by Gino Wickman: https://www.amazon.com/Traction-Get-Grip-Your-Business/dp/1936661837 EOS Tools: https://www.eosworldwide.com/eos-tools Send us an email and let us know what you think of the idea! foundersjournal@morningbrew.com Grow more (and stress less) with Brex: brex.com/foundersjournal #FoundersJournal #Startups #Entrepreneur Listen to Founder's Journal here: https://link.chtbl.com/OV4W93_W Watch Founder's Journal here: https://www.youtube.com/@FoundersJournal/ Subscribe to Morning Brew! Sign up for free today: https://bit.ly/morningbrewyt Follow The Brew! Instagram - https://www.instagram.com/morningbrew/ Twitter - https://twitter.com/MorningBrew Tik Tok - https://www.tiktok.com/@morningbrew Follow Alex! Alex Lieberman (@businessbarista) Learn more about your ad choices. Visit megaphone.fm/adchoices
The Future of Work and Building Businesses with Michael Girdley In this episode, Al talks to Michael Girdley about the future of work, the importance of integrity and loyalty, and the impact of technology on employment. They also discuss the role of generational differences in the workplace, the value of learning how to learn, and the potential of large language models. Michael shares personal stories and insights from his experience as a leader and entrepreneur, providing valuable advice and perspectives on various topics. Resources: Follow Michael on Twitter/X: https://twitter.com/girdley Visit his website: https://girdley.com/ Newsletter: https://girdley.com/subscribe-2/ ScalePath: https://www.joinscalepath.com/ Listen back to Truth & Lies for more on: Advanced EDI for Leaders https://truthliesandwork.com/truth-lies-work-podcast/62-from-bystander-to-ally-how-to-avoid-deib-washing_2514/ Building Resilient Workplaces https://truthliesandwork.com/truth-lies-work-podcast/ep40-building-resilient-workplaces-the-triple-defence-approach-to-mental-health-in-action_2295/ The 4-Day Work Week - THE Trend of 2024? https://truthliesandwork.com/truth-lies-work-podcast/4-day-work-week-for-business-owners-and-leaders_2251/ Connect with Al and Leanne Join the Conversation on LinkedIn: https://www.linkedin.com/company/truthlieswork/ Connect with Al on LinkedIn: https://www.linkedin.com/in/thisisalelliott/ Connect with Leanne on LinkedIn: https://www.linkedin.com/in/meetleanne Email: Hello@truthliesandwork.com Book a Call with Al & Leanne: https://oblonghq.com/book/ WATCH THE PODCAST ON YOUTUBE! https://www.youtube.com/channel/UC3_hIyk9KjxJQ1lZWhiaqDw
Episode 64: Alex Lieberman (@businessbarista) chats with Michael Girdley (@girdley), entrepreneur and content creator that generates $100 million in annual revenue. In this episode, they talk about an ideation process of effectuation, which is a lower-risk but high upside way to do startups using 6 key principles. Send us an email and let us know what you think of the idea! foundersjournal@morningbrew.com Grow more (and stress less) with Brex: brex.com/foundersjournal #FoundersJournal #Startups #Entrepreneur Listen to Founder's Journal here: https://link.chtbl.com/OV4W93_W Watch Founder's Journal here: https://www.youtube.com/@FoundersJournal/ Subscribe to Morning Brew! Sign up for free today: https://bit.ly/morningbrewyt Follow The Brew! Instagram - https://www.instagram.com/morningbrew/ Twitter - https://twitter.com/MorningBrew Tik Tok - https://www.tiktok.com/@morningbrew Follow Alex! Alex Lieberman (@businessbarista) Learn more about your ad choices. Visit megaphone.fm/adchoices
Today I'm joined by Michael Girldey. Michael is a 30 year entrepreneur and owner of HoldCo a multi-strategy holding company in San Antonio, Texas. In today's conversation we dive into his evolution as a business man, growing on social media, changing over time, masterminds and community. This was a beautiful conversation that combines stories and tactics that you can apply. If you'd like to connect more with Michael you can find him X @girdley or visit girdley.com. If you'd like to connect more with myself you can find me on Twitter @Coach_Schultz or at The Edge of Greatness Project. Looking for more opportunities to take a step toward greatness? Here's the link to the newsletter! Hope you enjoy today's episode. Please take a moment now to subscribe. I would also appreciate feedback on how we're doing so if you would leave a comment or review you can help guide the direction of future episodes. Thanks for listening. Make sure you take a minute to subscribe to our YouTube channel. Order your signed copy of Be Great or Master of the Sea at https://theedgeofgreatnessproject.com/shop/books Again you can visit https://theedgeofgreatnessproject.com for any future updates and apparel to support your quest to greatness. Connect with me more: Newsletter: https://edgeofgreatness.beehiiv.com/ Twitter: https://twitter.com/Coach_Schultz Instagram: https://www.instagram.com/edge_of_greatness_project/ Facebook: https://www.facebook.com/edgeofgreatnessproject E-mail: Charles@theedgeofgreatnessproject.co Website: https://www.theedgeofgreatnessproject.com Be Great: https://www.amazon.com/Be-Great-Lessons-Learned-Life/dp/B09PP5KVQL/ref=sr_1_1?crid=2YZ8U3K7I86PH&keywords=be+great+lessons+learned+from+a+life+in+the+dirt&qid=1660729681&sprefix=be+great+le%2Caps%2C952&sr=8-1
In this episode, I talk to Michael Girdley, an incredibly successful entrepreneur, content creator and investor. His holding company is worth over $100M in revenue, including companies that span different industries like fireworks, software, school, real estate, staffing, and more.Michael's built his X account to over 190K followers and his newsletter to over 20K readers. Most impressively, perhaps, he's enabled the creation of over 1,000 new tech jobs in the San Antonio area through his entrepreneurial and leadership ventures.Today, we talk about how to build a brand with a mediocre skillset, the growth curve of a content creator, and why you should be charging higher prices for your products.TIMESTAMPS --0:00 Intro0:57 Mac vs PC Debate2:38 College vs. Self-Education7:38 The Value of Self-Reliance in Success10:30 Building Brand With Mediocre Skills16:04 The Evolution of Twitter19:57 Networking and Building Relationships Online22:25 Audio as a Medium25:27 Charging Higher Prices28:40 Learning and Growth through Content Creation31:49 Choosing The Right Ideas To Work On34:09 Sleep & Time Management37:07 Michael's Final ThoughtsConnect w/ Michael ⇩
Today Greg is joined by Michael Girdley--who's spent the last 30 years building a $100M+ holding company. In this episode, Greg and Michael talk about whether holding companies should take sexy VC money and how to be a decades-long player in a world of base hitters. ►►Subscribe to Greg's weekly newsletter for insights on community,creators and commerce.You'll also find out when new and exclusiveepisodes come out from Where it Happens. And it's totally free.https://latecheckout.substack.comFIND ME ON SOCIAL:Twitter: https://twitter.com/gregisenbergInstagram: https://instagram.com/gregisenberg/TikTok: https://tiktok.com/@gregisenbergaLINKS FOR THIS EPISODE:Production Team:https://www.bigoceanpodcasting.comMichael Girdleyhttps://twitter.com/girdleyhttps://girdley.com/SHOW NOTES:0:00 - Intro4:32 - Finding great businesses to buy7:22 - Does Michael think Greg made a mistake by turning down $30M?15:15 - Do this one thing before making a big decision25:27 - Scalepath, EverthingMarketplaces.com, Reforge and other companies doing communities right33:15 - The story behind Alamo Fireworks44:58 - How Michael Girdley is playing the long game
Mills Snell (@thegeneralmills) Heather Endresen (@EndresenHeather), and Michael Girdley (@gridley) break down a VA roofing business. Tune in as Mills gives some detailed insight into a business that's right in his wheel house. Thanks to this weeks sponsor!Employer Flexible will help you take action to streamline your company's HR processes. They are the proud provider of flexible and adaptable PEO services. If you're a small business trying to grow, and you're struggling with a lack of internal HR or you're just dissatisfied with your current HR setup, consider Employer Flexible as your next vendor for HR outsourcing services.Check them out at https://www.employerflexible.com/.-------------------CloudBookkeeping offers adaptable solutions to businesses that want to focus on growth with a “client service first” approach. They offer a full suite of accounting services, including sophisticated reporting, QuickBooks software solutions, and full-service payroll options. Do you love Acquanon and want to see our smiling faces? Subscribe to our Youtube channel. Do you enjoy our content? Rate our show! Follow us on Twitter @acquanon Learnings about small business acquisitions and operations.
Mills Snell (@thegeneralmills), Michael Girdley (@girdley), and Heather Endresen (@EndresenHeather) review a distillery that gives the group a buzz. Today's deal comes from Axial. Axial is a trusted deal sourcing platform serving professional acquirers in the American lower middle market.Axial partners with over 2,000 boutique investment bankers and business brokers who use the Axial platform to market their deals to lower middle market acquirers. Sweetspot on Axial in terms of deal size is from $5M to $75M in enterprise value, located solely within the US and Canada. Deal activity occurs in five industry verticals: manufacturing, tech / IT services, healthcare, B2B services, and consumer. ___________________Thanks to our sponsors!CloudBookkeeping offers adaptable solutions to businesses that want to focus on growth with a “client service first” approach. They offer a full suite of accounting services, including sophisticated reporting, QuickBooks software solutions, and full-service payroll options. Do you love Acquanon and want to see our smiling faces? Subscribe to our Youtube channel. Do you enjoy our content? Rate our show! Follow us on Twitter @acquanon Learnings about small business acquisitions and operations.
Mills Snell (@thegeneralmills), Heather Endresen (@EndresenHeather), and Michael Girdley (@girdley) switch it up from the typical deals reviews and have a discussion about debt markets.______________Thanks to our sponsors!This episode is sponsored Rejigg.Rejigg is a platform where buyers can meet SMB owners looking for exits. Rejigg's in-house team does proprietary outreach to find owners considering exits, then lets buyers message them directly to set up calls. The sweet spot is $500k-$10m in revenue, but they have other opportunities as well.Sign up as a buyer today, and start meeting owners looking to sell.Check them out at rejigg.com/aa. Do you love Acquanon and want to see our smiling faces? Subscribe to our Youtube channel. Do you enjoy our content? Rate our show! Follow us on Twitter @acquanon Learnings about small business acquisitions and operations.
Fashionably late- our 200th episode is one you don't want to miss. Michael Girdley (@girdley), Mills Snell (@thegeneralmills), and Heather Endresen (@EndresenHeather) go over some of our favorite moments from over 200 episodes of Acquisitions Anonymous. Thanks so much to all our loyal listeners and sponsors!!!______________Thanks to our sponsors!This episode is sponsored by Acquisition Lab. Acquisition Lab, created by Walker Deibel author of Buy Then Build: How to Outsmart the Startup Game, is an accelerator with a highly vetted cohort-based educational and support community for people serious about buying a business. After going through the Lab's month-long intensive, you have ongoing access to almost daily Q&A sessions with advisors, regular live deal review forums with Walker, hand-picked vendors for your deal team, and a very active Slack group with other searchers on this path. Our team personally understands how to buy a business and will help navigate all the complexities of the process, as well as provide a trusted framework, tools, and resources to support you from search to close. The Acquisition Lab recently celebrated its 70th business being acquired and well over $100m in aggregate transaction value. The Lab is there to stand by your side, so you can take the right action (at the right time) and avoid wasting countless hours trying to "go it alone".For more information, check out acquisitionlab.com or email the Lab's director Chelsea Wood, chelsea@buythenbuild.com.--------------CloudBookkeeping offers adaptable solutions to businesses that want to focus on growth with a “client service first” approach. They offer a full suite of accounting services, including sophisticated reporting, QuickBooks software solutions, and full-service payroll options. Do you love Acquanon and want to see our smiling faces? Subscribe to our Youtube channel. Do you enjoy our content? Rate our show! Follow us on Twitter @acquanon Learnings about small business acquisitions and operations.
Michael Girdley (@girdley) and Heather Endresen (@EndresenHeather) review a fun deal on a car rental franchise that produces some strong EBITDA #'s. Check it out here: https://woodbridgegrp.egnyte.com/dl/FgpypTxSP1-----Thanks to our sponsor!This episode is sponsored by HoldCoConference, the conference exclusively focused on HoldCo Entrepreneurs and Executives. This conference is where Holding Companies meet, learn, scale and grow. From tech to Home Services, Holdco Entrepreneurs from around the globe will be meeting in Cleveland this September 18-20th in Cleveland Ohio.Check out holdcoconf.com for more details. Do you love Acquanon and want to see our smiling faces? Subscribe to our Youtube channel. Do you enjoy our content? Rate our show! Follow us on Twitter @acquanon Learnings about small business acquisitions and operations.
Michael Girdley (@girdley) and Heather Endresen (@EndresenHeather) review a pool building business in Michael's hometown. You could say our mind is on summer.Check it out: https://www.bizbuysell.com/Business-Opportunity/pool-construction-and-service-co-w-40-years-in-business/2095591/?d=L3RleGFzL2JvZXJuZS1lc3RhYmxpc2hlZC1idXNpbmVzc2VzLWZvci1zYWxlLz9xPWNHWnliMjA5TXpBd01EQXdNQSUzRCUzRA%3D%3D&fbclid=IwAR2trjNs5Of0LmORgz8KDkbVNA4xMB-JTC3hdFzAF5IzvSWlL7zKWIHJNgY_aem_th_ARGWbKKnItZHcBSDnUeyerPQijB0ihWDPB94-ocRZK5z7gUZmEKZOeHSgVdG0MLbAOo "Building $5mm pools in San Antonio"_____Thanks to our sponsor!This episode is sponsored by Acquisition Lab. Acquisition Lab, created by Walker Deibel author of Buy Then Build: How to Outsmart the Startup Game, is an accelerator with a highly vetted cohort-based educational and support community for people serious about buying a business. After going through the Lab's month-long intensive, you have ongoing access to almost daily Q&A sessions with advisors, regular live deal review forums with Walker, hand-picked vendors for your deal team, and a very active Slack group with other searchers on this path. Our team personally understands how to buy a business and will help navigate all the complexities of the process, as well as provide a trusted framework, tools, and resources to support you from search to close. The Acquisition Lab recently celebrated its 70th business being acquired and well over $100m in aggregate transaction value. The Lab is there to stand by your side, so you can take the right action (at the right time) and avoid wasting countless hours trying to "go it alone".For more information, check out acquisitionlab.com or email the Lab's director Chelsea Wood, chelsea@buythenbuild.com. Do you love Acquanon and want to see our smiling faces? Subscribe to our Youtube channel. Do you enjoy our content? Rate our show! Follow us on Twitter @acquanon Learnings about small business acquisitions and operations.
Michael Girdley (@girdley) sits down with the Wolf of Franchises (@franchisewolf) and learns all about the world of franchising. Thanks to the wolf for joining the pod and check out his website: https://wolfoffranchises.com/-----Thanks to our sponsor!This episode is sponsored by HoldCoConference, the conference exclusively focused on HoldCo Entrepreneurs and Executives. This conference is where Holding Companies meet, learn, scale and grow. From tech to Home Services, Holdco Entrepreneurs from around the globe will be meeting in Cleveland this September 18-20th in Cleveland Ohio.Check out holdcoconf.com for more details.Do you love Acquanon and want to see our smiling faces? Subscribe to our Youtube channel.Do you enjoy our content? Rate our show!Follow us on Twitter @acquanon Learnings about small business acquisitions and operations.Do you love Acquanon and want to see our smiling faces? Subscribe to our Youtube channel.Do you enjoy our content? Rate our show!Follow us on Twitter @acquanon Learnings about small business acquisitions and operations. Do you love Acquanon and want to see our smiling faces? Subscribe to our Youtube channel. Do you enjoy our content? Rate our show! Follow us on Twitter @acquanon Learnings about small business acquisitions and operations.
We'd appreciate you filling out our audience survey, so we can continuously work on providing relevant content to our listeners. Responses received by 05/11/23 will be entered in a drawing for $500 cash.http://www.thefortpod.com/surveyMichael is CEO of Girdley Enterprises, LLC, a diversified holding company of 11 businesses. In this episode Chris & Michael discuss:➡️ Becoming a creator and the business of creating➡️ How he has built a hold-co and keeps everyone accountable➡️ How he takes a business from idea to a running business➡️ Why he wants to focus on BIG ideasKey Takeaways:(2:08) - Sudden Deafness & Insights into Girdley's Persona(6:52) - Why have you chosen to spend so much time building your presence online?(10:05) - What makes for great content on Twitter?(11:38) - How much time is spent on your threads and writing?(17:41) - Building a media team(23:38) - Twitter's change under Elon(27:44) - Girdley on changing his Twitter strategy(29:33) - Has LinkedIn translated well for you?(31:46) - Girdley on Remote teams(33:10) - How are you able to stay on top of multiple different companies?(37:27) - What do you fail at?(38:44) - Do you teach the EOS or hire someone to implement it?(40:53) - What do you feel like you still have to learn?(41:43) - What does your Chief of Staff do?(45:49) - Was there a pivotal moment when you realized where you were the strongest in your role?(47:06) - What do you mean when you say you only want to work on “big” things?(49:36) - What is your process from formulating an idea, to launching, to stepping back?(56:23) - Are you still involved in VC?(57:16) - How do you approach capital allocation in your HoldCo?(59:41) - What happens when you're not aligning with a CEO?(1:01:41) - Are there best practices for incentivizing a CEO?(1:02:40) - What is a Holding Company?(1:06:02) - Why did you decide to create a course?(1:10:14) - How do you approach distribution and scaling content?(1:11:59) - How do you see the 4th quarter of your career playing out?(1:13:33) - Why have you chosen podcasting as a medium?Additional Resources