00:00 Diego Cerezo shares journey of buying business.
05:43 Dad’s guidance made the first acquisition successful.
07:41 Latin American business culture differs from the US.
11:17 Tough negotiations led to creative payment terms.
15:35 Discipline and commitment lead to business rewards.
18:50 Delegate operations, focus on strategy, oversee projects.
20:28 Admitting humility unlocks greatness in building teams.
24:38 Podcast discusses different ways to acquire businesses.
27:20 Guatemala partner sets up meetings, revenue share.
30:51 Innovative approach to niche ecommerce advertising strategy.
34:43 Considering acquisitions beyond Guatemala: b-to-b, low capex.
37:37 Tips for business: introspection, focus on cash flow, collaboration.
41:10 Excitement and possibility lead to big dreams.
– Entrepreneurial shift from craft brewery to acquisitions.
– Influence of personal and educational background on decision to enter acquisitions.
– Comparison to US acquisition culture.
– Challenges of a more relationship-driven market.
– Diego’s personalized approach to sourcing deals.
– The intensive 15-month journey to acquire a tech company.
– Creative revenue-share agreements and company acquisition options.
– Learning resources for acquisition skills.
– Essential tips for first major acquisitions.
– Importance of cash management with profit first methodology.
– Focus on long-term growth and the strategic role.
– The significance of mentors and partnerships.
– Benefits of collaboration for business success.
– Diego’s commitment to investing in education and tourism.
– Anticipation of future in-person meetings and continued exchanges.
– Diego oversees strategy for multiple companies with varied industries.
– Long-term investment vision for portfolio businesses.
– Acquiring businesses to facilitate regional growth.
– New methods beyond traditional SBA loans for business acquisitions.
– Real-life example of a revenue-sharing deal with an option for investment or income.
Diego Cerezo’s Linkedin: https://www.linkedin.com/in/diegocerezo/?originalSubdomain=gt