$20m Net Worth After 25 Years Buying Businesses

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

Register for the webinar:

• Why Deal Flow Isn’t Your Biggest Problem - TOMORROW! - https://bit.ly/4ah8L1E

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:

• LinkedIn
• paul@bizbuypro.com
• Kiplinger Today Newsletter
• Confessions of a Millionaire
• Gobundance

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

• The Acquisition Lab

Get complimentary due diligence on your acquisition's insurance & benefits program:

• Oberle Risk Strategies - Search Fund Team

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

• From this page or contact jenny@aspenhr.com

Connect with Acquiring Minds:

• See past + future interviews on the YouTube channel
• Connect with host Will Smith on LinkedIn
• Follow Will on Twitter

Edited by Anton Rohozov
Produced by Pam Cameron