Acquiring Minds

No SBA, No Investors: The Liquidity Access Line

July 20 · 1 hr 16 min · 73.1 MB
0:00-1:16:04

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Brian Jungles bought a $400k direct mail business in Atlanta and skipped SBA by pledging his portfolio as collateral.

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Topics in Brian’s interview:

  • Leaving his corporate career at Adobe
  • Finding a business through his network
  • Acquiring for $400k cash
  • Getting a personal line of credit through his bank
  • Direct mail is still effective
  • Growth is a lot of work
  • Humbling experience of learning Quickbooks
  • Picture-perfect transition of ownership
  • Learning to translate “corporate speak”
  • “The entrepreneur community all wants to help each other.”

References and how to contact Brian:

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Edited by Anton Rohozov and produced by Pam Cameron