In this episode of The New 1% Podcast, Timmy Douglas shares a concise plan for aspiring acquisition entrepreneurs to initiate conversations with potential sellers before 2023.
Reel: Timmy introduces the urgency of the opportunity and outlines the three key steps to connect with sellers in the coming months.
Segment 1 - Define Your Acquisition Statement: Timmy emphasizes crafting a clear acquisition statement, specifying the type of business, location, and key criteria.
Segment 2 - Source the List: Timmy recommends using local public library resources, like AtoZ databases, to compile a list of potential sellers.
Segment 3 - Initiate Conversations: Timmy shares a templated email for reaching out to potential sellers, focusing on personalization and a compelling message.
Podcast - Segment 4 - Overcoming Challenges: Timmy addresses challenges like a lack of responses and suggests a broader approach to achieve meaningful conversations.
Podcast - Segment 5 - Achieving Excellence: Timmy offers advice on daily improvement actions and eliminating distractions to attain excellence.
By following these steps and Timmy's insights, aspiring acquisition entrepreneurs can confidently connect with sellers and advance their acquisition goals before 2023.
Join The New 1% soft launch team at workwithtimmydouglas.com
This is for the people looking to buy a business at some point, but not in the next 12 months.
The impact here is in spreading the word until you can commit to doing the work
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If you’re looking to buy a business in the next 12 months, DM me and join the hard core launch team, limited to 100 people! Here you’ll get the following for FREE
access to a list of Private money partners for buying businesses that I’m building
a due diligence checklist
a community of people committed to buying businesses
essential contacts in major cities for due diligence.
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