How To Avoid Dumb Deals When Buying And Selling Small Or Medium Size Businesses

Mark Podolsky
2 min readDec 9, 2023

Our guest for today is David Barnett, a lifelong entrepreneurial geek who helps people all over the world avoid dumb deals when buying or selling small or medium-sized businesses.

David is a business consultant, small and medium-sized business expert, fantastic advisor, and appraiser who sold three dozen companies being a business broker.

Listen in as they discuss:

  • The definition of small or medium-sized business.
  • What is a dumb deal?
  • What’s a good deal?
  • Franchising.
  • Attributes of a perfect business.
  • The “Mandela Effect” in buying a business.

They also discussed some of the worst advice people can get in the world of buying and selling businesses.

TIP OF THE WEEK

David: Getting 7 and a half hours of sleep every day.

Mark: My tip of the week is investlocalbook.com to learn more about David. Check out his podcast, YouTube channel, his books.

WANT TO LISTEN MORE?
Did you like this episode? If so, listen to another AOPI podcast episode to learn more about buying and selling businesses.

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Mark Podolsky

I help people build a massive passive income stream utilizing the safest investment on earth—land. Get my FREE Passive Income Blueprint www.thelandgeek.com