0003 - Lessons Learned from Business Acquisitions
Business Buying for Financial Independence
Release Date: 07/14/2025
0022 - The Critical Question Buyers Forget to Ask; From Someone Who Sold Two Businesses
Business Buying for Financial Independence
In this episode, Tim talks with Adam Schaeuble, entrepreneur, podcaster, and mentor who knows firsthand the cost of overwork and the value of building businesses around lifestyle freedom. Adam shares how pushing himself to the point of hospitalization forced him to rethink success, why generational expectations pushed him toward entrepreneurship, and how he balances “enough versus more” in his financial independence journey. He also opens up about his podcasting career, mentoring others in the space, and why creating impact-driven businesses matters more than chasing the biggest paycheck....
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0021 - Eight Terms & Acronyms You Need to Know When Buying a Business
Business Buying for Financial Independence
Tim Delaney breaks down eight of the most common terms you’ll encounter when buying a small business — SDE, EBITDA, LOI, APA, escrow, SBA loans, seller financing, and working capital. If you’ve ever looked at a business-for-sale listing and felt like you were reading another language, this episode is your translator. Tim explains how these terms connect to real valuations and smarter deal-making so you can speak the broker’s language and protect yourself before signing anything. Tim is an entrepreneur who believes everyone should explore the opportunities that business and real estate...
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0020 - Can Canadians Buy Businesses in America?
Business Buying for Financial Independence
In this episode, Tim talks with Paul, a Canadian real estate investor and federal law enforcement officer who’s exploring his first business acquisition. Paul shares how he and his wife successfully invested in U.S. real estate despite being told it was “impossible,” why business ownership feels like the next natural step, and the unique challenges of navigating licensing, brokers, and cross-border deals. From private investigation firms to roofing businesses, Paul unpacks his search process, the importance of seller trust, and why respect for people’s time and relationships matters as...
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0019 - Why An MIT Engineer Left Corporate America to Buy His Own Business
Business Buying for Financial Independence
Michael Castaño is an entrepreneur and acquisition-minded business owner whose journey began with building an acoustic company from the ground up. Through that venture, he learned the realities of managing customers, navigating operations, and wearing every hat that a small business demands. When he later turned toward acquisitions, Michael brought those lessons with him — and discovered that persistence, credibility, and seller trust mattered as much as the numbers on paper. Along the way, he leaned heavily on mentorship and the broader acquisition community, finding that shared...
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0018 - Would You Buy This Laundromat?
Business Buying for Financial Independence
We’ll walk through the real-world process of analyzing a laundromat deal, covering purchase price, cash flow, debt service, seller financing, and how to calculate a realistic return on investment. This solo episode dives into how small adjustments in structure can completely change your cash-on-cash return. Tim is an entrepreneur who believes everyone should explore the opportunities that business and real estate can provide on the path to financial freedom. He owns and operates a wine & liquor store, a software startup, a consulting company, and a growing portfolio of commercial and...
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0017 - How Real Estate Skills Translate to Business Buying
Business Buying for Financial Independence
In this episode, Tim talks with Grant Reigner, a commercial real estate investor and educator who sees powerful parallels between real estate and small business acquisitions. Grant unpacks why the much-hyped “silver tsunami” of baby boomer retirements isn’t as simple as the statistics make it sound, the gap between what’s marketed and what’s actually being bought, and the real challenges of finding operators for smaller service businesses. He also shares how underwriting, community-building, and long-term thinking in real estate have shaped his approach to business buying — and...
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0016 - Why Bigger Deals Are Safer: Tim Kolb on Scaling Wealth Through Business Acquisition
Business Buying for Financial Independence
In this episode, Tim talks with Tim Kolb, an entrepreneur who knows what it’s like to build a business from the ground up—only to realize the cost of chasing growth without balance. Tim Kolb shares the unfiltered story of how he and his wife grew their first business with no formal training, the emotional toll of burnout, and the decision to sell when life demanded a new chapter. He also dives into how that experience reshaped his approach to entrepreneurship and what he’s doing differently in his next ventures. Tim is an entrepreneur who believes everyone should explore the...
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0015 - Hidden Dangers in Business Listings (And How to Spot Them)
Business Buying for Financial Independence
In this solo episode, Tim Delaney breaks down the five red flags you need to watch for when evaluating small businesses for sale. From mysterious add-backs to shaky contractor structures, Tim explains how to separate real opportunity from risky deals—and how to spot warning signs before you’re locked in. Tim is an entrepreneur who believes everyone should explore the opportunities that business and real estate can provide on the path to financial freedom. He owns and operates a wine & liquor store, a software startup, a consulting company, and a growing portfolio of commercial and...
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0014 - Buying and Running a Business From Another State
Business Buying for Financial Independence
In this episode, Tim talks with Brad Cornell, a seasoned entrepreneur and business buyer who brings a no‑nonsense perspective to acquiring and running small businesses. Brad doesn’t sugarcoat the challenges of business ownership—he dives into what it really takes to go from dreaming about buying a business to successfully running one. He shares how his journey reshaped his understanding of financial freedom, why courage and resilience are non‑negotiable, and the mindset shifts that separate successful buyers from those who burn out. Tim is an entrepreneur who believes everyone should...
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0013 - Landing (and Selling!) Multiple Seller Financing Deals
Business Buying for Financial Independence
In this episode, Tim talks with Jason Orr, a real estate investor, business owner, and father of four from South Dakota. Jason shares how his path from buying rental properties led him to acquiring a window cleaning company and eventually a water restoration business. He dives deep into the challenges of seller negotiations, creative financing, and the emotional roller coaster of closing deals. Jason shares how he has used seller financing to purchase and sell busineses. Whether you’re curious about transitioning from real estate to business ownership or want practical insights on small...
info_outlineHave you ever wondered how to turn passion, connections, and courage into real business success, even when the odds aren’t in your favor? In this episode, Tim interviews Rune, a seasoned entrepreneur who traded life at sea for the challenges and rewards of buying and building businesses. Tune in for honest lessons on entrepreneurship, risk-taking, and the power of networking.
Tim is an entrepreneur who believes everyone should explore the opportunities that business and real estate can provide on the path to financial freedom. He owns and operates a wine & liquor store, a software startup, a consulting company, and a growing portfolio of commercial and residential real estate.
Tim’s passion for independent business has led him to support dozens of other business owners. For over a decade, he has worked with businesses on strategy, processes, finances, and marketing. These experiences, along with analyzing dozens of other businesses for potential acquisition, have provided Tim with an immense knowledge base to pull from.
Tim has appeared on multiple top-tier podcasts in the financial space, such as Bigger Pockets Money and The Freedom Chasers Podcast.
[00:01 - 04:44] From Marine Engineer to Entrepreneur
Rune shares his journey from sailing the world to starting his own business.
How a tough onshore job pushed him to seek a different path.
The creation of his first company focused on silent, vertical wind turbines.
Leveraging global connections made during his sailing years to build his business.
[04:45 - 13:31] The Power of Networking & Sphere of Interest
Why “who you know” matters more than “how to do it.”
Understanding and using your immediate network as a lead magnet.
Real-world examples of connections leading to critical partnerships.
How staying connected saved Rune’s ventures and opened new doors.
[13:32 - 34:45] Buying Businesses: Successes and Setbacks
Why Rune’s first business purchase, a café during COVID, didn’t work out.
Lessons learned about passion vs. practicality in business choices.
The challenges with an online furniture boutique and market timing.
The importance of financial vigilance and weekly check-ins with your bookkeeper.
[34:46 - 46:41] Embracing Challenges and Strategic Growth
How Rune views risk and fear as opportunities for growth.
The value of turning around struggling businesses with the right people.
Why diversifying with synergistic businesses (like trucking) makes sense.
Focusing on people and mindset over just numbers when evaluating deals.
[46:42 - 54:01] Advice for Aspiring Entrepreneurs
“Nothing’s good, nothing’s bad” — just take action despite fear.
Learning from every experience as a win-win.
Encouragement to embrace discomfort and fear for personal growth.
Guest Bio:
Rune Holm is an entrepreneur with over a decade with over a decade of experience. He has run companies, bought companies, and shut down companies. Through these experiences, he has always strived to learn and help others succeed.
Connect with Rune:
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Connect with Tim and the community on social media for more tips and updates:
Website: https://www.powerofbiz.com
YouTube: https://www.youtube.com/@powerofbiz
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Threads: https://www.threads.com/@timtdelaney
LinkedIn: https://www.linkedin.com/in/timothytdelaney/
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Shareable Quotes:
“By networking, you will get that connection. And even if you sit by yourself and you have a great network, you will come up with an idea who can help you with this and who can help you with that. And it makes things so much easier.” - Rune Holm
“ Sometimes when you see it's going bad and you just have the feeling, then it's, it's better just to shut it down, do it, and go further. Everything is a lesson, so do it and pass on.” - Rune Holm
”You can always turn around a business if you have the right strategy and the right people. But it's the people that makes the company.” - Rune Holm
“ Nothing's good and nothing's bad. The thing is, you just have to do it.” - Rune Holm
“Just because a business doesn't fit exactly in what your knowledge or your skillset is, doesn't mean that you don't have the knowledge and skills to run it.” - Tim Delaney