BuySellSMB (@buysellsmb) 's Twitter Profile
BuySellSMB

@buysellsmb

I help people buy and run American SMBs. On a mission to keep Main Street locally owned and operated. Founder of @Mainshares.

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linkhttps://linktr.ee/buysellsmb calendar_today14-03-2022 04:38:05

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The more time you spend thinking about how you’ll operate 𝘢𝘧𝘵𝘦𝘳 close, the easier it’ll be to actually 𝘨𝘦𝘵 to close.

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Think twice before buying in an industry you know nothing about. You don't want to be the greatest fool. Charlie Munger explained it perfectly. He was asked why real estate looks easier to underwrite than stocks. His response wasn’t about cap rates or cash flow models. It was

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Before you bring a service provider on to your deal team, do a reference check. There are a lot of EtA groups, most are helpful, ask them!

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Growing the SMB economy is our best bet at escaping the AI transition with minimal job casualties. Why? One of the main reasons that SMBs continue to generate 40%+ of GDP is that they offer the last-mile customization and relationship management that a BigCo never could. Think,

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This tweet is funny but it’s also the exact reason we exist. Guy with 35 years of wiring experience gives you a straight quote and goes home. The PE-backed version needs an iPad, an upsell matrix, and a line item for “hazard remediation”. Same job. $550 vs $9,450.58 One’s a

This tweet is funny but it’s also the exact reason we exist.

Guy with 35 years of wiring experience gives you a straight quote and goes home.

The PE-backed version needs an iPad, an upsell matrix, and a line item for “hazard remediation”.

Same job. $550 vs $9,450.58

One’s a
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Investors bought 27% of all U.S. homes sold last quarter. It’s the highest share in at least five years. Traditional buyers have been sidelined by a combination of elevated mortgage rates, inflation, and stubborn prices. As more investors poor in, they further drive up prices

Investors bought 27% of all U.S. homes sold last quarter.

It’s the highest share in at least five years. Traditional buyers have been sidelined by a combination of elevated mortgage rates, inflation, and stubborn prices. 

As more investors poor in, they further drive up prices
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The spreadsheet doesn’t tell you what to do when your lead tech gets a DUI. It doesn’t mention the keys locked in the truck, or the part that didn’t arrive, or the fact that the seller’s brother-in-law still thinks he runs the place. It doesn’t account for the moment you

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I see a lot of first-time business buyers create tons of busy work for themselves: Standing up proprietary sourcing when they don’t even have the time to reply to leads. Creating overly customized CRMs for tracking deals. Designing new age websites for “Blue Macarel Capital