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.


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

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

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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“Isn’t it time to create passive income so you can work where you want when you want, and with whomever you want?”



Mark Podolsky

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