This so so true and it shouldn’t have to be advice. It should be a given! Thanks for amplifying though, Mike Your costs go up every year (team member raises, software costs, etc). Inflation happens every year If you’re not raising prices, you’re giving a discount every year

Alright that’s it Time to sell Got an offer I can’t refuse Been nice knowing you al! This is how you source, too, right Clint Fiore 🦬 DM for Biz Deals

I think it’s taken me years to realize, but one of the things I love most about “doing my own thing” is the extreme accountability Yes, your biz doesn’t win without your team, but you put that team together Ultimately, every win and loss comes back to you It’s incredibly

I bought my first business (System Six) with a cold email. No broker. Our 1st add on, and our 2nd that we’re currently under LOI on came from warm intros / industry relationships It will absolutely be slower. You will waste time with folks who decide last min not to sell

Happy to pay my sunshine tax all day long California forever

Best way to start every weekend with the best gym view in 🇺🇸 IMO How do you fire up you your weekends? What’s one thing you try to do for yourself to recharge? @thecavemarin

Yup, it’s called motivation 😉

Big day at System Six We're thrilled to officially launch System Six Enterprise, a new mid-market service offering including CFO services focused on larger, more complicated enterprises than we've previously been able to serve. We can now serve clients on NetSuite and

Remember, don't be afraid to ask for RELEVANT things in your deal process. Worst thing that can happen is someone says no Example, we now ask to meet all key members of a firm we're trying to buy quickly after LOI. Working on one now where we have now met over 50% of team ~4

Pretty jarring chart I saw in my morning readings today Can’t pretend to know the causes, or relative to other leading economies, but stark reminder to be thankful and that even though we are by FAR the greatest country, we’ve still got work to do

This is spot on and something I tell folks leaving PE (like I did) into the land of buying small biz on your own I was trained in PE to say no. Tear apart CIMs. Downside test downside test downside test. Valuable skills, for sure But it made searching v hard for me at first I

Thanks for having me on BuySellSMB and Mainshares Was fun to do a pod where we spent way less time on the biz buying story and more on the actual run the biz thing. You know, the "passive ownership" part ;) Couple learnings from me 1. Work the phones. Wish I had gotten in

Y'all. The goal is to buy a QUALITY business at a fair price. Like some guy named buffett said. You get what you pay for. I'd rather own less of something quality I had to pay 5.5x for than pay 3x for something that "yields" in a spreadsheet 99% of the time, it ain't These

Running a remote and growing organization is amazing until you realize you are registered in 29 states (revenue nexus or employees) and need to file paperwork in all for a legal name change Should we just get to all 50? Sundays are for compliance

Some days I get pretty nervous about what AI is going to do to accounting And then I had a call with someone at a big bank who asked me “what’s this notetaker in our call and what’s it for” Remember, AI won’t take jobs first Professionals using will take the first jobs…

Even better to partner with an accounting team that GETS your journey We're on our own entrepreneurial journey. Several of our team members have businesses outside work which we SUPPORT We've got SBA loans Partner with the team that speaks your language System Six

When in Rome… What’s your go to order?? Michael Girdley

Sure OpenAI just dropped another awesome roll out. Agents look 🔥 But don’t sleep on old fashioned hand written notes and thoughtful personal things when building customer relationships Humans still care Modernize your biz as much as you can But don’t fully remove the

"I don't place much emphasis on winning tournaments... It's mostly about putting in the proper work and coming out here and competing" Same holds true in SMB If you're doing this just for the destination - wealth, "freedom", you'll FAIL. 1000% This is not a spreadsheet fast

4 year anniversary of being lucky enough to step into ownership at System Six As biz owner, always thinking about what's next, what could be better. Never satisfied. But important to make sure to step back, celebrate wins, learn from Ls. Quick reflection on 4 years