David C Barnett Small Business & Deal Making

Four other online content creators and I pitched a panel discussion about Linkedin for promotion and networking to the FinCon 2023 speakers committee. We were rejected. :( So, we met anyway and recorded this session for anyone who wants to learn some tips and tricks about using LinkedIn to promote themselves or a business. Enjoy. The other people on with me are: Scott Carson- https://www.linkedin.com/in/1scottcarson/ Clifton Corbin- https://www.linkedin.com/in/cdcorbin/ Wendie Veloz- https://www.linkedin.com/in/wendieveloz/ Flint Jamison- https://www.linkedin.com/in/flintjamison/

***New Video Alert! Why aren’t brokers and sellers getting back to you? One business seller shares his story. Avoid this by learning an important skill… Demonstrating the ability to close. Watch it here: https://youtu.be/wwYLHtmrW1Q Cheers See you over on YouTube David C Barnett

New Livestream guest- Ray Drew aka ‘SBA Ray’ I’m happy to have Ray join me on a live broadcast. Ray is a podcast host in the SMB lending space and a Managing Business Development Officer at Fund-Ex Solutions, a non-bank SBA lender. Tune in and as we’ll be discussing the whirlwind of change that’s been happening this summer with SBA 7(a) loans. This is a ‘must see event’ for American business owners and searchers. Find Ray online at https://www.sbaray.com/

***New Video Alert! In the world of real estate, if a house doesn’t sell, we see a price reduction. Why doesn’t this seem to happen in SMBs? Why does it take so long for prices to change if at all? It has to do with the way the market works… or doesn’t. Watch it here: https://youtu.be/-vCXDk16zb0 Cheers See you over on YouTube David C Barnett

Find Henry's original show notes and information here: https://www.thehowofbusiness.com/493-david-barnett-build-vs-buy/

***New Video Alert! In the world of buying and selling businesses, we often discuss seller financing. Well, this week, I bring on guest Mark Podolsky who sells bare land and finances his buyers. We discuss how the terms of sale have a big impact on the prices he achieves. Watch it here: https://youtu.be/V5ro0cnjb3Y Cheers See you over on YouTube David C Barnett

***New Video Alert! I got a question from an email subscriber asking what multiple of SDE he should pay for a business to justify the risk of leaving his job. Good question. I think I give a pretty justified response. Watch it here: https://youtu.be/DArwVgBI3hU Cheers See you over on YouTube David C Barnett

E2 Visa via Franchise: Challenges & Opportunities New Livestream guest- Jeremy Bollington I’m happy to have Jeremy Bollington join me on a live broadcast. Jeremy Bollington has helped entrepreneurs achieve freedom through franchise ownership. Tune in and as we’ll be discussing the challenges and opportunities of using a franchise investment to facilitate an E2 visa entry into the United States.. A ‘don’t miss’ event for global entrepreneurs who are considering a move to the USA. See all my videos relating to franchises here: https://www.youtube.com/playlist?list=PLqomziNDpylW_RSu9OOa2ix8HHIlPDQ33 See my interview with attorney Aga Asbury all about E2 visas here: https://youtube.com/live/BmLTKq0lJiE Find Jeremy online at: https://www.linkedin.com/in/franchise-expert/ Thanks to our sponsors: Mark Willis of Lake Growth Financial Services. Build an equity asset that is guaranteed to grow over time, never lose value and give you access to liquidity whenever you need it without having to qualify for credit-

***New Video Alert! I invited three other SMB show hosts to come and share stories and answer questions submitted by you. Ryan Condie – Let’s Buy a Business Jaryd Krause- Buying Online Businesses Will Smith- Acquiring Minds Check out how we answered your questions here: https://youtu.be/Gro7k-CgKFs Cheers See you over on YouTube David C Barnett

New Livestream guest- Alex Bridgeman I’m happy to have Alex join me on a live broadcast. Alex is the host of Think Like an Owner podcast and formerly the publisher of The Operator’s Handbook. Tune in and as we’ll be discussing some of the common themes he’s observed after interviewing hundreds of successful business searchers. This is a ‘must see event’ for people who want to buy a business. Find Alex online at https://tlaopodcast.com/ and on LinkedIn at https://www.linkedin.com/in/alex-e-bridgeman/ See you there! David C Barnett

***New Video Alert! Paul sent in an email asking about some advice he saw about buying businesses in a Dave Ramsay video. Does Dave know what he’s talking about? I mean, he said ‘multiply by 4 or 5.’ Let’s listen carefully and analyze this advice… Watch it quick before Dave gets the video pulled: https://youtu.be/rcOy6xhdXAY Cheers See you over on YouTube David C Barnett

***New Video Alert! Several people have asked me about claims they see online about using a seller’s own cash as a source for a down payment when buying a business. Is this possible? How would it work? What conditions would be necessary, and could you repeat this over and over? Let’s examine these claims here: https://youtu.be/5RDZharc_w4 Cheers See you over on YouTube David C Barnett

Real Callers join David and he helps them with their deals. Want to have one of these calls next year? Join David's email list at https://www.DavidCBarnettList.com Want a private call? https://www.CallDavidBarnett.com

I get to see a lot of people’s spreadsheets while they work on deals. Some are homemade. Some are templates. Many have problems. I tell you what I like to see in an analysis tool and show you the one I use with my students. Watch here now on YouTube if you want to see what I'm talking about. https://youtu.be/155FlwJj5tA Cheers See you over on YouTube David C Barnett Do Business with David using these incredible internet links... - David's Blog where you can find hundreds of free videos and articles, https://www.DavidCBarnett.com - Join David's email list so you never miss any new videos or important information or insights, https://www.DavidCBarnettList.com - Book a call with David and let him help you with your project, https://www.CallDavidBarnett.com - Learn how to buy a successful and profitable business in a risk-controlled way https://www.BusinessBuyerAdvantage.com - Get help selling your business, https://www.HowToSellMyOwnBusiness.com - Get better organized in your business, https://www.EasySmallBi

Real Callers join David and he helps them with their deals. Want to have one of these calls next year? Join David's email list at https://www.DavidCBarnettList.com Want a private call? https://www.CallDavidBarnett.com

***New Video Alert! My AI video helper has suggested I make a video about getting rich by buying boring businesses. Should I? What on Earth makes a business ‘boring?’ and why has this term started to circulate heavily. I’ll lay out the game plan for you in today’s video. Watch here now: https://youtu.be/SyDUKm1tufw Cheers See you over on YouTube David C Barnett

Original Show Notes: In this episode, I speak with David Barnett who specializes in helping individuals with buying, selling, and improving businesses. David's has an extensive business background, from his experience in advertising sales to starting various businesses, including a commercial debt brokerage house, which led him to the field of business brokerage. He has since become a consultant for business buyers and sellers, providing guidance and evaluation. The conversation touches on how David's teaching skills and ability to explain complex topics make him an effective resource for entrepreneurs. We also emphasize the significance of understanding the terms of a business sale beyond just the price, with a focus on structuring deals that suit both parties. He has published several books and online courses on the topics of small business, franchising, cash flow and selling businesses privately. Three of his books have been Amazon Best-Sellers; 'Invest Local,' 'Franchise Warnings' and 'How To Sell My

New Livestream guest- Kelcey Lehrich & John Wilson I’m happy to have John and Kelcey join me on a live broadcast. These two guys own multiple companies! How do they do it? Tune in and as we’ll be discussing the challenges of owning multiple businesses and continuing to buy more. There is so much to talk about that they created a conference last year and will be doing it again in September. This is a ‘must see’ conversation for business owners who want to grow into a Holdco, Multi-business owners, Lenders and Investors and Entrepreneurs. Find out more and sign up at https://www.holdcoconf.com/ Use Code 'DCB' to save off ticket prices.

Real Callers join David and he helps them with their deals. Want to have one of these calls next year? Join David's email list at https://www.DavidCBarnettList.com Want a private call? https://www.CallDavidBarnett.com

***New Video Released today… It may not be as easy as you think to keep both of these things on track. There are three factors to consider: Your job and its characteristics. The business and it’s ability to suck you in to operational issues… AND- Help. Watch here now: https://youtu.be/ubAC-SwuJNs Cheers See you over on YouTube David C Barnett