May 18, 2023

From Dreamer To Achiever: Conquer Small Business Ownership In 4 Steps

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From Dreamer To Achiever: Conquer Small Business Ownership In 4 Steps

Unconventional Acquisitions

May 18, 2023

Business buyers taking action

Good afternoon. Picture this:

You’re sitting at a hipster café, listening to a genre of music you don’t know the name of, sipping an artisanal espresso.

Can you smell it?

Then, your mind starts drifting to the tantalizing world of small business ownership. You can almost taste it.

In 5 minutes or less:

  • The dreamer to achiever pipeline
  • Your (lack of) experience is your secret weapon
  • The 4 assets you didn’t know you have
  • Vision to reality exercise
  • The honor of a fresh start

What if acquiring a small biz gave you the freedom you’ve always craved…?

But then, the inner (and outer) critics rear their ugly heads.

You’ve never owned a business before,” they scoff. “What makes you think you’ll succeed?

Buckle up, my rebellious dreamer, because we’re shattering the myth that business ownership is reserved for the privileged few with an MBA and silver spoon.

Does this resonate with you?

Take the next step.

Dreamer to achiever pipeline

Forget the conventional wisdom that says you need decades of entrepreneurial experience to make it in SMB acquisitions.

In fact, your lack of previous business ownership might just be your secret weapon. We’ve built an entire mastermind community based on this premise.

Let’s unleash your potential by flipping the script on the doubters. We’ll explore how your fresh perspective, hunger for success, and unapologetic passion can catapult you to SMB glory.

So, leave the doubters in the dust, take a sip of that bold espresso, and let’s embark on a journey that will make those critics eat their words. It’s time to show the world what you’re made of.

Your (lack of) experience is your secret weapon

No one came out of the womb a CEO. Actually, the best business owners you know likely had entire careers’ worth of experiences before ever owning a business.

The logic is simple:

Prior business ownership is not a prerequisite to owning a business.

It’s not even necessarily a disadvantage.

Embrace your unconventional advantage

Here’s the truth: your lack of previous business ownership experience can actually be a powerful asset.

Why? Because you bring a fresh perspective untainted by the limitations of traditional thinking.

You’re not burdened by the “that’s how it’s always been done” mentality. Your rebellious spirit allows you to challenge the status quo, think outside the box, and see opportunities where others see roadblocks.

Tap into your arsenal of skills

You’re not yet in the business-owning bubble. You’re not yet hampered by the “should”s.

So blaze your own trail with your unique abilities.

  • You have an unyielding desire to make a difference? Seek small businesses that align with your passions. Whether it’s digital innovation, artisanal craftsmanship, sustainable living… Let it propel you.
  • You’ve fostered a network of mavericks? Get their guidance, ask for their support, and bring them with you into your first biz.
  • You can turn chaos into order? Use your ability to juggle multiple projects with finesse. Leverage your gift to produce unmatched SOPs. The growth of your first business will thank you.

These skills are the ammunition in your arsenal, ready to be let loose on the battlefield of biz ownership.

Embrace your ability to strategize, adapt, and rally a team. Your unique skill set singles you out for success.

The 4 assets you didn’t even know you have

As a seasoned professional who has led teams or departments, it’s natural to have doubts about your ability to run your own business.

But do you really think your past experiences haven’t equipped you with valuable entrepreneurial skills?

Time to reframe these 4 business-owning advantages.

⚒️ The resourceful mindset

Running a business requires thinking on your feet and finding creative solutions.

Throughout your career, you’ve likely faced numerous hurdles and obstacles. This has sharpened your adaptability.

Embrace your resourceful nature. Let it guide your acquisitions.

💪The leadership advantage

Communication, decision-making, and problem-solving are essential for navigating the challenges of entrepreneurship.

You’ve honed these skills in your experience managing teams and departments.

Trust in your ability to lead and inspire others. Trust this gives you a leg up in running a business.

🖼️ The big-picture perspective

When making strategic decisions for your business, a big-picture perspective is invaluable.

As a leader, you’ve had to think strategically and consider your organization’s broader goals and objectives.

Believe in your ability to analyze market trends, identify opportunities, and make well-informed choices.

🕸️ The relationship web

Connections are a tremendous asset in acquiring and growing a small business.

Your professional journey has allowed you to build a network of connections and relationships.

Leverage your network to seek advice, find potential business opportunities, and form strategic partnerships.

Vision to reality exercise

Don’t take our word for it. Prove you have what it takes.

Close your eyes and visualize the SMB empire you want to build.

Envision yourself as the trailblazing owner, making bold decisions and achieving remarkable success.

Now, open your eyes and write down the skills, experiences, and passions that would bring this vision to life.

Next, write a list of your professional achievements and skills you’ve developed throughout your career.

How much overlap is there between the two lists?

What unique strengths do you bring to the business-owning table?

And what’s missing now?

The honor of a fresh start

The path to small business ownership is yours to conquer.

You have a contrarian advantage, armed with fresh perspectives, unconventional skills, and a passion that refuses to be extinguished.

So, take another sip of that bold espresso and embark on this electrifying journey. Embrace your past experiences and leverage your unique strengths.

Unleash your rebellious spirit.

This Week in Biz Buying:

🛏️ Look at this $4B mattress deal (any transition plan for these guys?)

🏃‍♂️ Rising interest rates aren’t slowing down small & medium-market M&A

😕 But labor market & interest rate concerns are impacting SMB optimism

🧾 Insightful reflection by our buddy Clint after selling a bookkeeping SMB

🔋 “Power struggle” just got a new meaning: Microsoft & nuclear fusion

Closing Meme:

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