When it comes to buying a business, what are the top considerations and pitfalls to avoid? Jon Stoddard, an investor, serial acquirer, and host of the podcast Top M&A Entrepreneurs, joins M&A Talk to discuss buying small businesses, including the risks, lessons he has learned, and the rewards of dealing with start-ups. Jon discusses the differences in on-market vs. off-market deals, the importance of deal flow, raising capital, finding investment money, and the idea of buying a business with no money down.
Serial Acquirer and Host of the Top M&A Entrepreneurs podcast | Tucson, Arizona
Jon Stoddard is an investor, serial acquirer, business buying coach, and host of the Top M&A Entrepreneurs podcast. His first acquisition ended abruptly when Yahoo changed its ad policy, so he bought an ecommerce company that he grew and sold on EmpireFlippers. His third acquisition also grew, and he still has a minority option in it. Jon has also worked on startups – he founded a company called TurboSquid, raised $5 million in investments from Intel Advantage Capital, and many years later sold it to Shutterstock. Jon’s current company is DealFlowSystem which he has turned into coaching other Acquisition Entrepreneurs and using LinkedIn to create DealFlow.