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0012 - The Solopreneur's Path to Buying a Business

Business Buying for Financial Independence

Release Date: 09/09/2025

0022 - The Critical Question Buyers Forget to Ask; From Someone Who Sold Two Businesses show art 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 show art 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? show art 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 show art 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? show art 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 show art 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 show art 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) show art 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 show art 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 show art 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...

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More Episodes

How do you go from relying on a “safe” corporate job to building a business of your own? In this episode, Tim talks with Dennis Geelen about his life-changing journey from being laid off at 43 to becoming a consultant, author, and entrepreneur. Dennis shares the wake-up call that pushed him to bet on himself, the lessons he learned from building a solopreneur practice, and why business acquisition can be a smarter and faster path to financial independence. Whether you’re stuck in a comfort zone or looking for your next chapter, this episode delivers practical advice on risk, resilience, and building a life on your own terms.

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.

[00:00 – 07:45] The Wake-Up Call: Laid Off at 43

Dennis shares his journey from corporate leadership to being laid off.
Reflects on the risks of relying solely on a “safe” paycheck.
Discusses the emotional and financial challenges of starting over.

[07:46 – 16:15] Building a Solopreneur Business

How Dennis transitioned into consulting and writing.
Lessons learned from building a personal brand and business from scratch.
Why leaning into your passions can create new career opportunities.

[16:16 – 25:00] Business Acquisition vs. Building From Scratch

Why buying a business can shortcut the path to financial independence.
Insights on what to look for in a business acquisition.
How to evaluate opportunities that align with your skills and goals.

[25:01 – End] Rethinking Risk and Building for the Future

The mindset shift needed to take control of your career and finances.
Encouragement for starting side projects as a safety net.
How to use setbacks as fuel for long-term growth.

Guest Bio
Dennis Geelen is a consultant, author, and TEDx speaker who helps businesses become more customer-centric and innovative. He is the founder of Zero In Consulting and the author of four business books, including The Zero In Formula. Dennis is passionate about helping professionals embrace entrepreneurship as a pathway to freedom and fulfillment.

Connect with Dennis:
Website: zero-inconsulting.com
Personal Site: dennisgeelen.me
LinkedIn: Dennis Geelen

If you found value in today’s show, make sure to subscribe so you never miss an episode packed with insights to help you buy and grow a business that creates real financial freedom.

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

Instagram: https://www.instagram.com/timtdelaney/

Threads: https://www.threads.com/@timtdelaney

LinkedIn: https://www.linkedin.com/in/timothytdelaney/

Facebook: https://www.facebook.com/timtdelaney

Tweetable Quotes:
“Doing nothing can be riskier than taking the leap.” – Dennis Geelen
“Don’t wait for a layoff to start building your future.” – Dennis Geelen
“Side hustles aren’t just hobbies—they’re safety nets.” – Dennis Geelen
“The real risk is putting your financial future in someone else’s hands.” – Dennis Geelen