00:00 Serial entrepreneur starts successful enterprise, sells big.
12:41 Learn from mistakes, focus on small acquisitions.
20:18 Started consulting business, gained confidence in acquisitions.
22:30 “Rocket Fuel” by Winters and Wickman describes visionary-integrator relationships.
31:41 Partnering to build software for business automations.
35:53 Best buyers are those already in business.
38:43 Business relationship in Palm Springs leads to success.
43:23 Comparing $3 million business to $500K.
50:05 Shift from growth to services-led profitability in markets.
57:28 Entrepreneurs seeking roles beyond textbook options.
01:05:02 Camera aids pattern matching for business success.
01:06:41 Adapting tech, improving processes, and facilitating deals.
01:12:13 Business owners should rely on experienced practitioners.
– Importance of modernization in business
– Key roles: documenter, automator, advisor, migrator
– Abstracting core processes in 90 days
– Collaboration with automation team
– Lead generation and deal facilitation
– Partnerships with diligence firms and banks
– Post-acquisition integration
– Adapting systems for smooth transitions
– Importance of executing acquisitions
– High-leverage activity requiring support from service providers
– Strategy of overpaying for aligned long-term vision
– Value of mentors and service providers
– Founding “Build Your Works” for post-close migration
– Jason’s emphasis on vision and support
– Jason’s struggles and open invitation for connections
– Discovery of “Build the Process” website
– Collaboration with Adam Schweickart
– Creation of Build Your through a paper swap
– Acquisition for EOS integration and coaching
– Applying principles to various industries
– Business growth experience
– First consulting inspired by “Rocket Fuel”
– Consulting focus on equity and profit shares
– Alternative acquisition models without cash
– Hypothetical business acquisition scenarios
– Importance of deal structuring
– Need for adaptation in EOS
– Introduction of facilitator role
– Supported by books like “Rocket Fuel”
– Move towards non-W2 and K1 income
– Preference for services-led growth
– Different structures for income and autonomy
– Personal transition experiences
– Learning from business acquisition mistakes
– Technical aspects and format discussion
– Jason’s software and entrepreneurship background