Acquiring Minds

Buying $1.5m of Earnings Without an SBA Loan

May 28 · 1 hr 23 min · 79.8 MB
0:00-1:23:05

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As a South African in the US, Justus Luttig had to get creative to search then buy 2 trades businesses at the same time.

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Topics in Justus’s interview: 

  • Growing up on a cattle ranch in South Africa
  • Disillusioned with the venture capital bubble
  • Perception of white collar work as “the dream”
  • Meeting successful owners of blue-collar businesses
  • Big deal failure on his birthday
  • Structuring a deal without the SBA
  • Challenges of searching on an H1B visa
  • Merging an HVAC with a plumbing business
  • The magic happens when you leave your desk
  • Acquiring during the slow season

References and how to contact Justus:

The ecosystem for serious acquisition entrepreneurs—education, capital, community, and post-close support to buy and grow a business:

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Edited by Anton Rohozov and produced by Pam Cameron