Business Buying for Financial Independence

Are you tired of the 9-5 grind and looking for a path to financial independence? Welcome to Business Buying for Financial Independence, the podcast that helps aspiring entrepreneurs escape the rat race by acquiring a small business. Hosted by Tim Delaney, an experienced business buyer and real estate investor who purchased his first business with just 10% down, this show dives deep into the strategies, challenges, and success stories of real people who built wealth through business acquisition. Each episode features Tim's personal experiences or insightful interviews with business buyers, investors, and industry experts who share their knowledge on acquiring, financing, and growing small businesses. Whether you're exploring SBA loans, seller financing, business brokers, deal sourcing, due diligence, or post-acquisition growth strategies, this podcast is your essential guide for entrepreneurship through acquisition (ETA). If you're ready to own your time, build wealth, and achieve financial freedom by buying an established business instead of starting from scratch, hit subscribe and begin your journey today! How Do I buy a business? How do I buy a business with no money? Can you buy a business with no money? What to do to buy a business? How do I finance a business purchase? Why buy a business? Why buy a small business? What is the business buying process? What is the process of buying a business? How to achieve financial freedom? How to achieve financial independence? How do you achieve financial independence through buying a business? How do I buy a business to achieve financial independence? How do I buy a business to attain financial freedom? What is a unique way to reach financial independence? How do I buy a business to reach FIRE?

0022 - The Critical Question Buyers Forget to Ask; From Someone Who Sold Two Businesses 11/18/2025

0022 - The Critical Question Buyers Forget to Ask; From Someone Who Sold Two Businesses 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. 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 – 15:10] Hitting Rock Bottom Adam describes how he worked himself into the hospital and what it taught him about the limits of hustle. [15:11 – 29:55] Generational Pushback Stories of family urging him toward “safe jobs” like the police force — and how Adam proved he could succeed another way. [29:56 – 47:30] Enough vs. More Why Adam filters decisions through lifestyle design instead of chasing endless growth. [47:31 – End] Podcasting, Mentorship & Impact How Adam built a platform through podcasting, what he teaches others about audience-building, and why creating impact matters more than income. Guest Bio Adam Schaeuble is an entrepreneur, podcaster, and mentor who helps others build businesses and shows around lifestyle freedom. Known for his transparency and energy, Adam combines lessons from his own burnout and reinvention with practical strategies for podcast growth and financial independence. 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 Adam Schaeuble: Instagram: Website: Threads: Connect with Tim and the community on social media for more tips and updates: Website: YouTube: Instagram: Threads: LinkedIn: Facebook: Tweetable Quotes: “The first time I actually hired an employee was the day after I worked myself into the hospital.” – Adam Schaeuble “Every time I saw my grandpa, he’d pull me aside and say, ‘there are openings at the police department.’ And I just wanted to show him my paycheck and say, look at this.” – Adam Schaeuble “In the financial independence world, we have to filter everything through enough versus more.” – Adam Schaeuble “My day-to-day schedule is more important to me than my actual monetary compensation.” – Adam Schaeuble /episode/index/show/0c007f26-2a0c-46bf-8974-61a0be61d29b/id/38795570

0021 - Eight Terms & Acronyms You Need to Know When Buying a Business 11/11/2025

0021 - Eight Terms & Acronyms You Need to Know When Buying a Business 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 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 – 00:22] The “Alphabet Soup” Problem “If you've ever looked at a business listing online and felt like you are reading some secret foreign language… you're not alone.” Tim sets up the problem—new buyers face a wall of jargon that hides the real meaning of a deal. [00:22 – 00:58] Why These Terms Matter Understanding the language of deals helps you avoid costly mistakes and recognize red flags early. [00:58 – 03:12] Seller Discretionary Earnings (SDE) What SDE includes, how different people calculate it, and why multiples like 1×–3× SDE determine business value. [03:12 – 04:37] EBITDA (for Larger Businesses) Used when an owner isn’t active day-to-day. “EBITDA… earnings before interest, taxes, depreciation, and amortization.” [04:37 – 06:34] LOI – Letter of Intent The “informal-formal” agreement outlining price, terms, and exclusivity. “Think of it like being engaged—you’re not married yet, but you shouldn’t be dating other buyers.” [06:34 – 07:28] APA – Asset Purchase Agreement Where the lawyers finalize the actual contract and list what’s included—customer lists, goodwill, equipment, etc. [07:28 – 08:53] Escrow Funds held back to ensure promises (like purchase orders or key employees staying) are met after closing. [08:53 – 09:51] SBA Loans How SBA 7(a) loans really work: banks issue them, SBA guarantees them, and lenders care most about cash flow. [09:51 – 11:00] Seller Financing “When the seller becomes the bank for you.” Examples of partial financing and why the SBA likes sellers with “skin in the game.” [11:00 – 12:12] Working Capital Cash + receivables + inventory = the lifeblood of your new business. Tim explains why it must be clearly defined in the APA to avoid liquidity traps. [12:12 – End] Closing Thoughts & CTA “We’d love to hear what other terms you’ve seen or heard that you aren’t quite sure about!” 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: YouTube: Instagram: Threads: LinkedIn: Facebook: Tweetable Quotes “Understanding them isn’t just about the jargon. It’s about making smarter deals, avoiding bad deals, and knowing exactly what you’re signing up for.” - Tim Delaney “An LOI is kind of like being engaged — you haven’t done the formal wedding yet.” - Tim Delaney “Seller financing is when the seller becomes the bank for you.” - Tim Delaney “Without working capital, the business will die.” - Tim Delaney /episode/index/show/0c007f26-2a0c-46bf-8974-61a0be61d29b/id/38958640

0020 - Can Canadians Buy Businesses in America? 11/04/2025

0020 - Can Canadians Buy Businesses in America? 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 much as the numbers. 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 – 12:00] Paul’s Background & Real Estate Success Growing up in Manitoba and building a law enforcement career. How he and his wife invested in U.S. real estate after Canadian markets failed to cash flow. Overcoming barriers as a Canadian investor and scaling into multiple rentals. [12:01 – 22:30] Discovering Business Buying How Cody Sanchez’s content sparked his interest. Why business ownership feels like real estate “with more levers.” The appeal of private investigation firms as a natural fit for his skillset. [22:31 – 37:00] Deals, Brokers & Seller Relationships Navigating a California business opportunity despite licensing challenges. Why brokers often dismiss newcomers — and how sellers can see things differently. Respecting sellers’ emotional ties: “You’re buying someone’s baby.” [37:01 – 52:00] Partnerships & Financing How Paul found a like-minded partner in the Contrarian community. Creative terms, seller financing, and long-term planning. Why treating brokers fairly pays off for future deals. [52:01 – End] Lessons Learned Respecting people’s time and relationships. The importance of aligning your skills with the business you buy. “Give without expectation of return” — Paul’s philosophy for success. Guest Bio Paul is a Canadian real estate investor and federal law enforcement officer exploring his first U.S. business acquisition. With a strong track record in cross-border real estate, Paul is now leveraging his skills, perseverance, and law enforcement background to enter the world of small business ownership. Connect with Tim and the community on social media for more tips and updates: Website: YouTube: Instagram: Threads: LinkedIn: Facebook: Tweetable Quotes: “Price is what you pay. Value is what you get.” – Paul “You’re buying someone’s baby — it’s emotional, not just numbers.” – Paul “Give without expectation of return. Just do things for people.” – Paul “If the business is worth it, then you can pay it.” – Paul /episode/index/show/0c007f26-2a0c-46bf-8974-61a0be61d29b/id/38775950

0019 - Why An MIT Engineer Left Corporate America to Buy His Own Business 10/28/2025

0019 - Why An MIT Engineer Left Corporate America to Buy His Own Business 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 experiences, open conversations, and collaboration accelerated his growth far more than going it alone. Today, Michael continues to build on his foundation as both an operator and a student of the community, seeking opportunities that align with his skills and long-term vision for sustainable ownership. 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 – 15:10] Michael’s Early Steps From college into first real estate ventures. How curiosity and persistence shaped his first small deals. Early lessons about negotiating with sellers. [15:11 – 32:20] First Acquisitions & Seller Financing How Michael structured his earliest business buys. Why seller financing became a key tool. Navigating fear and uncertainty in his first transactions. [32:21 – 50:00] Building Credibility & Community The role of mentors and masterminds in accelerating his learning. What worked (and didn’t) when presenting himself to sellers. Developing a repeatable process instead of chasing shiny objects. [50:01 – 1:08:30] Scaling Ambitions & Real Challenges Why some deals fell through — and the lessons from near misses. What he’s learned about risk tolerance and pacing himself. Managing family, finances, and business at the same time. [1:08:31 – End (~1:23:00)] Looking Forward What Michael is seeking in future acquisitions. His advice for first-time buyers who feel overwhelmed. Why he believes persistence and relationships matter more than quick wins. Guest Bio Michael Castaño is a business owner and acquisition entrepreneur whose journey highlights the reality of small business buying — from learning through mistakes to building a strategy for sustainable ownership. He shares openly about seller negotiations, community, and the mindset shifts needed for success. 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 Michael Castaño: Instagram: Website: / LinkedIn: Connect with Tim and the community on social media for more tips and updates: Website: YouTube: Instagram: Threads: LinkedIn: Facebook: Tweetable Quotes: “Seller financing isn’t just a tactic — it’s a way to show you’re serious and build trust.” – Michael Castaño “Community and mentorship are how you accelerate past mistakes.” – Michael Castaño “If you’re not failing at something, you’re probably not pushing hard enough.” – Michael Castaño “Numbers matter, but people matter more.” – Tim Delaney /episode/index/show/0c007f26-2a0c-46bf-8974-61a0be61d29b/id/38775910

0018 - Would You Buy This Laundromat? 10/21/2025

0018 - Would You Buy This Laundromat? 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 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 – 07:25] The Numbers Behind a Laundromat Deal Tim breaks down the typical cost structure and how to read between the lines of financials. Explains how add-backs, utilities, and discretionary spending affect the valuation. Outlines what makes a deal “too good to be true” and what to double-check before buying. [07:26 – 14:45] Understanding Cash Flow and Debt Service Walks through an example using SBA financing and 9% interest rates. Calculates how $200K–$300K purchases translate into annual debt payments and real returns. Discusses the importance of stress-testing cash flow assumptions before you buy. [14:46 – 20:20] Seller Financing Strategies Shows how seller-financed deals change ROI compared to traditional bank loans. Explains 10-year, 4% seller notes and how they impact monthly payments and liquidity. Covers ways to negotiate favorable seller terms to bridge valuation gaps. [20:21 – 23:00] Calculating Real Cash-on-Cash Returns Tim compares multiple deal structures and shows which produce better short-term returns. Highlights how lowering your upfront investment can actually increase ROI. Shares why chasing top-line profit often matters less than managing realistic cash flow. [23:01 – End] Building Your Laundromat Empire Outlines how one good deal can become a launchpad for more acquisitions. Talks about scaling operations, finding additional locations, and building efficiencies. Encourages listeners to start small, learn fast, and build toward a sustainable business portfolio. 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: YouTube: Instagram: Threads: LinkedIn: Facebook: Tweetable Quotes “I like to plan for a little bit of reduction in that first year just to be on the safe side.” – Tim Delaney “Seller financing can bridge the gap between what the seller wants and what actually makes financial sense.” – Tim Delaney “Cash-on-cash return is the number that tells you how hard your money is actually working.” – Tim Delaney /episode/index/show/0c007f26-2a0c-46bf-8974-61a0be61d29b/id/38628530

0017 - How Real Estate Skills Translate to Business Buying 10/14/2025

0017 - How Real Estate Skills Translate to Business Buying 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 what prospective buyers need to understand before they dive 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 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 – 14:20] Real Estate Meets Business Buying How Grant’s commercial real estate background connects to small business acquisitions. Why fundamentals like cash flow, employees, and systems apply in both spaces. The misconceptions new buyers bring when comparing the two. [14:21 – 32:45] The Silver Tsunami Debate What the “largest wealth transfer in history” really looks like. Why most businesses for sale are under $1M in revenue. The difference between marketing stats and actual deals happening on the ground. [32:46 – 52:10] The Operator Problem Why margins make or break sub-$1M businesses. The difficulty of finding skilled operators to run service businesses. Creative approaches: partnering with existing employees or industry veterans. [52:11 – End] Lessons & Takeaways How to separate hype from reality in acquisition stats. The importance of clear targets and industry focus. Grant’s advice for first-time buyers: network, build relationships, and know what you’re getting into. Guest Bio Grant Reigner is a commercial real estate investor and educator who has expanded his expertise into small business acquisitions. Known for bridging the worlds of real estate and entrepreneurship, he teaches investors how to approach business buying with the same rigor they use in underwriting property deals. 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 Grant Reigner: Website: Instagram: Threads: LinkedIn: Connect with Tim and the community on social media for more tips and updates: Website: YouTube: Instagram: Threads: LinkedIn: Facebook: Tweetable Quotes: “Most of those businesses are a million or under in revenue… and the people citing those stats aren’t buying any of them.” – Grant “Life is short, man. We just want to work with people we enjoy working with.” – Grant “If a business was around for 20 years, I would call it a success, not a failure. There’s a lot of reasons they might pack it up after 20 years.” – Tim Most sellers don’t really want you to get into their company and start talking to employees until you’re closer to the finish line, which means that you’re taking a risk.” – Tim /episode/index/show/0c007f26-2a0c-46bf-8974-61a0be61d29b/id/38464790

0016 - Why Bigger Deals Are Safer: Tim Kolb on Scaling Wealth Through Business Acquisition 10/07/2025

0016 - Why Bigger Deals Are Safer: Tim Kolb on Scaling Wealth Through Business Acquisition 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 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 – 14:32] Starting from Scratch How Tim and his wife dove into business ownership with no formal training. The steep learning curve of building a business from the ground up. Early challenges that shaped their entrepreneurial mindset. [14:33 – 34:58] The Cost of Chasing Growth Why burnout became inevitable in their first venture. Recognizing when the business was no longer sustainable. How personal life (COVID, new parenthood) accelerated the decision to sell. [34:59 – 57:16] Selling and Starting Over Lessons from the sale of their first business. How selling became the catalyst for the next phase of life. The emotional and practical realities of walking away. [57:17 – End] Rethinking Entrepreneurship How the experience reshaped Tim’s approach to business ownership. Creating ventures with sustainability and balance in mind. Tim’s advice for entrepreneurs feeling stuck or burned out. Guest Bio Tim Kolb is an entrepreneur who built his first business from scratch alongside his wife, navigating the highs of growth and the lows of burnout. After selling that business, Tim has refocused his entrepreneurial journey on sustainable ventures and meaningful work. 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 Kolb: Instagram: LinkedIn: Connect with Tim and the community on social media for more tips and updates: Website: YouTube: Instagram: Threads: LinkedIn: Facebook: Tweetable Quotes: "Sometimes quitting isn’t failure — it’s making space for what’s next." – Tim Kolb "Building a business from scratch taught me more than any classroom ever could." – Tim Kolb "If growth costs you everything else, it’s time to rethink the plan." – Tim Kolb "Selling our business wasn’t the end — it was the beginning of a new chapter." – Tim Kolb /episode/index/show/0c007f26-2a0c-46bf-8974-61a0be61d29b/id/38036485

0015 - Hidden Dangers in Business Listings (And How to Spot Them) 09/30/2025

0015 - Hidden Dangers in Business Listings (And How to Spot Them) 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 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 – 00:45] Intro Tim sets the stage and explains why spotting red flags early is critical when buying a business. [00:46 – 03:30] Red Flag #1: Mysterious Add-Backs Why seller add-backs can sometimes be justified—but often hide inflated earnings. [03:31 – 07:10] Red Flag #2: Shaky Leases How unclear or unstable leases can sink a location-dependent business. [07:11 – 12:00] Red Flag #3: Numbers Don’t Add Up The danger when a seller can’t clearly explain their financials. [12:01 – 17:00] Red Flag #4: “So Much Potential” Why the promise of “potential” should make you stop and think twice. [17:01 – 20:30] Red Flag #5: Contractor Structures The risks of a workforce made entirely of 1099 contractors. [20:31 – End] Outro & Takeaways Tim’s closing advice on focusing on real cash flow, not empty promises when buying a business. 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: YouTube: Instagram: Threads: LinkedIn: Facebook: Tweetable Quotes “Mysterious add-backs are one of the biggest warning signs in a business listing.” – Tim Delaney “If the seller can’t explain their own numbers, that’s your red flag right there.” – Tim Delaney “There’s no such thing as ‘potential’ you don’t have to work for.” – Tim Delaney “Cash flow clarity beats growth promises every single time.” – Tim Delaney /episode/index/show/0c007f26-2a0c-46bf-8974-61a0be61d29b/id/38380630

0014 - Buying and Running a Business From Another State 09/23/2025

0014 - Buying and Running a Business From Another State 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 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 – 12:37] Courage Over Comfort Why buying a business takes “balls of steel.” Debunking the myth of the “easy buy.” The emotional and mental prep needed before an acquisition. [12:38 – 34:59] The True Cost of Freedom What financial freedom really costs (and why it’s worth it). Brad’s personal stories of sacrifice and course‑correction. Setting realistic expectations for your first acquisition. [35:00 – 57:21] From Self‑Employed to True Owner The difference between running a job and running a business. Why hands‑off ownership in year one is a dangerous myth. Lessons from Brad’s biggest pivots as an owner. [57:22 – 1:14:45] Building for the Long Game How to develop a sustainable, growth‑oriented mindset. Staying engaged without burning out. Redefining what success looks like beyond revenue. [1:14:46 – End] Advice for First‑Time Buyers Brad’s no‑filter advice for anyone considering a buy. Building resilience when the unexpected happens. The key relationships that make acquisitions succeed. Guest Bio Brad Cornell is an entrepreneur and small business owner who has bought and operated multiple companies. With an unfiltered approach to entrepreneurship, Brad shares hard‑earned insights on courage, resilience, and the true cost of financial freedom. 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: YouTube: Instagram: Threads: LinkedIn: Facebook: Tweetable Quotes: "Financial freedom doesn’t come without a cost." – Brad Cornell "If anybody tells you buying a business is hands‑off, question them heavily." – Tim Delaney "Business ownership isn’t autopilot; it’s engagement, every single day." – Brad Cornell /episode/index/show/0c007f26-2a0c-46bf-8974-61a0be61d29b/id/38036450

0013 - Landing (and Selling!) Multiple Seller Financing Deals 09/16/2025

0013 - Landing (and Selling!) Multiple Seller Financing Deals 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 business acquisitions, this episode is packed with lessons for aspiring entrepreneurs. 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. [23:51 – 28:00] Franchise Considerations & Real Estate Deals Why Jason turned down a franchise opportunity. Weighing franchise fees vs. buying existing operations. How real estate attached to a deal changes the equation. [28:01 – 33:00] Negotiating Leases & Creative Financing How landlord negotiations factored into a business purchase. Handling lease terms and rent expectations. Structuring deals when the property and business are tied together. [33:01 – 37:00] Maintaining Transparency in Transactions Why keeping everyone informed helps deals close smoothly. Balancing seller expectations with buyer reality. Avoiding miscommunication pitfalls. [37:01 – 42:00] Emotional Side of Deals & Seller Dynamics The roller coaster of emotions in high-stakes negotiations. How to manage tension without burning bridges. Stories of sellers getting cold feet. [42:01 – End (~44:50)] Mentorship, Masterminds & Takeaways How mentorship groups influenced Jason’s decision-making. Why mastermind accountability matters for entrepreneurs. Final advice for aspiring buyers: leap before you feel “ready.” Guest Bio Jason Orr is a real estate investor and small business owner from South Dakota. From scaling rental properties to buying and selling service-based businesses with seller financing, Jason shares valuable insights on creative financing, networking, and taking calculated risks on the journey to financial independence. Connect with Jason: LinkedIn: Instagram: Facebook: 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: YouTube: Instagram: Threads: LinkedIn: Facebook: Tweetable Quotes: "If you wait until you feel fully ready, you’ll never buy a business. Sometimes you just have to leap and figure it out along the way." – Jason Orr "The best deals happen at the kitchen table, not in the boardroom." – Jason Orr "When you’re buying a business, it’s not just about the numbers. It’s about trust, relationships, and finding a seller who believes in you as much as you believe in their business." – Tim Delaney "Seller financing isn’t just a tool for affordability; it’s a bridge built on trust between buyer and seller." – Tim Delaney /episode/index/show/0c007f26-2a0c-46bf-8974-61a0be61d29b/id/38036430

0012 - The Solopreneur's Path to Buying a Business 09/09/2025

0012 - The Solopreneur's Path to Buying a Business 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: Personal Site: LinkedIn: 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: YouTube: Instagram: Threads: LinkedIn: Facebook: 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 /episode/index/show/0c007f26-2a0c-46bf-8974-61a0be61d29b/id/38036365

0011 - Why Buying A Business Is Not For You 09/02/2025

0011 - Why Buying A Business Is Not For You In this solo episode of Business Buying for Financial Independence, host Tim Delaney steps away from guest interviews to share an honest look at the downsides of business ownership. While Tim is a strong advocate for buying small businesses, he makes it clear: it’s not for everyone. From stress and uncertainty to the myth of passive income, Tim breaks down the realities you’ll face if you’re considering business acquisition. This episode will help you decide if you’re truly ready to take on the challenge. 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. [00:30 – 02:30] Why Buying a Business Isn’t for Everyone The hidden weight of being the “last line of defense.” Payroll, inventory, and team conflicts → it all lands on you. [02:31 – 03:25] Extreme Ownership Mindset Lessons from Jocko Willink’s Extreme Ownership. Why taking responsibility (even for others’ mistakes) is key. [03:26 – 05:20] The Myth of Passive Income Why business ownership is never truly “hands off.” The “planting a tree” analogy → hard work before fruit. [05:21 – 07:00] Making Decisions Without Certainty Tariffs, demand shifts, and supplier risks. Why entrepreneurs must act without full information. [07:01 – 08:10] Stress: The Constant Companion Stress from employees, customers, banks, and even family. How stress tolerance determines success. [08:11 – 09:15] You Can’t Do It Alone The importance of mentors, advisors, and delegation. Why refusing help will cap your business’s growth. [09:16 – 10:29] Signs You Are Ready to Buy a Business Resilience under pressure. Comfort with uncertainty. Willingness to rely on and empower others. 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: YouTube: Instagram: Threads: LinkedIn: Facebook: Tweetable Quotes: “Owning a business is not truly passive income.” – Tim Delaney “You are the last line of defense for everything.” – Tim Delaney “If you want to do everything by yourself, your business will never grow beyond what you can do.” – Tim Delaney /episode/index/show/0c007f26-2a0c-46bf-8974-61a0be61d29b/id/38036325

0010 - Leaving His Printing Business to Buy a Sunscreen Company 08/26/2025

0010 - Leaving His Printing Business to Buy a Sunscreen Company How do you go from printing to sunscreen? In this episode, Tim talks with Michael Linden about his fascinating journey from running a printing business to acquiring a growing sun care brand. Michael shares the lessons learned from buying a business instead of building one from scratch, why branding and social media are critical in today’s market, and how strong relationships can make or break an acquisition. Whether you’re an aspiring entrepreneur or an experienced business owner, this episode is packed with actionable insights on business acquisition, growth, and branding. 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 – 08:45] From Printing to Sun Care Michael explains how he transitioned from printing to the sunscreen industry. Shares why the growth potential of sun care appealed to him. Discusses the mindset shift from running to acquiring businesses. Highlights the initial challenges of entering a new industry. [08:46 – 18:30] Navigating the Acquisition Process Explains the decision-making process behind buying a business. Talks about building trust with sellers and key partners. Shares the lessons learned about legal and financial complexities. Stresses the importance of gut instinct during negotiations. [18:31 – 28:15] Branding and Social Media for Growth Why rebranding can transform a business’s future. How social media drives visibility and customer engagement. Discusses strategies for modernizing a traditional business. Explains how to adapt to consumer expectations in competitive markets. [28:16 – End] Advice for Aspiring Entrepreneurs Building relationships as a cornerstone of successful acquisitions. Setting clear growth plans after buying a business. Learning from industry veterans to shorten the learning curve. Encouraging others to pursue business ownership for financial independence. Guest Bio Michael Linden is an entrepreneur who transitioned from the printing industry into the sunscreen business through strategic acquisition. With a keen eye for growth opportunities and a strong belief in the power of branding and social media, Michael continues to innovate and scale his business while sharing lessons for aspiring entrepreneurs. Connect with Michael: Website: Instagram: Facebook: LinkedIn: 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: YouTube: Instagram: Threads: LinkedIn: Facebook: Tweetable Quotes: Buying a business can save you years of trial and error.” - Michael Linden “Relationships aren’t optional in acquisitions—they’re everything.” - Michael Linden “Rebranding isn’t just about a logo. It’s about reintroducing your company to the world.” - Michael Linden “Trust your gut. It’s one of your best tools in business decisions.” - Michael Linden /episode/index/show/0c007f26-2a0c-46bf-8974-61a0be61d29b/id/37944635

0009 - What Buying With "No Money Down" Really Means 08/19/2025

0009 - What Buying With "No Money Down" Really Means In this episode, Tim Delaney discusses the concept of buying a business with no money down, exploring various financing options such as seller financing, SBA loans, and partnerships. He emphasizes the importance of understanding the financial obligations tied to business purchases and provides insights into alternative payment structures like earn outs. Tim also highlights the necessity of ensuring that business profits can cover debt payments, offering a comprehensive overview for aspiring business buyers. Key Takeaways Buying a business with no money down is possible. Seller financing allows the seller to act as the bank. You can use existing business revenue to finance a purchase. SBA loans can help secure financing for business acquisitions. Partnerships can provide necessary capital for business purchases. Your personal assets can be leveraged for financing. Earn outs are a less common but viable payment structure. Understanding cash flow is crucial for managing debt. Profits must cover both interest and principal payments. Having some cash available can strengthen your position in negotiations. 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. For over a decade, Tim has worked with businesses on strategy, processes, finances, and marketing. Along the way, he has analyzed dozens of companies for acquisition, giving him a unique perspective on what makes a deal successful — and what pitfalls to avoid. 00:00 Introduction to Business Buying with No Money Down 03:17 Understanding Seller Financing 06:38 Exploring Financing Options: SBA and Bank Loans 09:29 Leveraging Partnerships for Business Acquisition 12:24 Alternative Payment Structures: Earn Outs and Performance Payments 15:12 Navigating Debt and Profitability in Business Purchases Connect with Tim Website: YouTube: Instagram: Threads: LinkedIn: Facebook: Tweetable Quotes "Buy a business with no money down." - Tim Delaney "Your sweat equity is worth something." - Tim Delaney "Make sure profits cover debt payments." - Tim Delaney /episode/index/show/0c007f26-2a0c-46bf-8974-61a0be61d29b/id/37599390

0008 - Starting A Magazine Without The Startup Process 08/12/2025

0008 - Starting A Magazine Without The Startup Process Are you fascinated by the world of publishing but intimidated by the startup grind? In this episode, Tim talks with Rick Sedler, a seasoned entrepreneur who built his career by buying and transforming magazines rather than starting from scratch. Rick shares his journey from custom publishing—producing magazines for others—to acquiring and revitalizing well-known titles like “North Shore” and “Luxury Pools & Outdoor Living.” If you’ve ever dreamed of owning a media business insight into growing through acquisition, this episode is packed with lessons for you. 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. [00:26 – 10:22] From Custom Publishing to Ownership Rick explains how he entered the publishing world through custom projects for clients. Shares his insights on learning the ropes of the industry without taking on massive startup risks. Talks about transitioning from serving clients to becoming a media owner. Highlights the early lessons that shaped his approach to magazine acquisitions. [10:23 – 20:54] Acquiring and Transforming Magazines Details how he identified and acquired “Northshore” and “Luxury Pools & Outdoor Living.” Explains how to assess the value and potential of a publication. Shares strategies for turning underperforming media properties into profitable ventures. Discusses balancing creative vision with business operations. [20:55 – 32:17] Building a Brand in a Changing Media Landscape Talks about evolving the magazine model to stay relevant in the digital age. Explains the challenges and opportunities of integrating print and digital media. Shares the importance of understanding audience needs and brand positioning. Offers advice for entrepreneurs entering industries in transition. [32:18 – End] Key Lessons on Leadership and Growth Emphasizes the value of building a strong team and company culture. Talks about making bold decisions and staying committed through challenges. Shares his personal philosophies on entrepreneurship and success. Encourages aspiring entrepreneurs to seek opportunities in acquisitions. Guest Bio: Rick Sedler is an entrepreneur who carved his path through the world of publishing by buying and transforming magazines. Starting out in custom publishing—where you produce magazines for others—Rick eventually stepped out on his own, acquiring “Northshore” and “Luxury Pools & Outdoor Living.” Connect with Rick: Website: Threads: LinkedIn: 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: YouTube: Instagram: Threads: LinkedIn: Facebook: Tweetable Quotes: “You don’t always need to start from scratch — sometimes the smartest move is to buy and build.” - Rick Sedler “Publishing is about more than content; it’s about creating connections with an audience.” - Rick Sedler “Every magazine has a story. The question is whether you can rewrite it for success.” - Rick Sedler “If you’re willing to adapt, there’s still room to thrive in traditional media.” - Rick Sedler /episode/index/show/0c007f26-2a0c-46bf-8974-61a0be61d29b/id/37599210

0007 - The Power of Self-Belief, Persistence, and Hard Work 08/05/2025

0007 - The Power of Self-Belief, Persistence, and Hard Work Are you stuck in the corporate grind, wondering if there’s a different path to financial freedom? In this episode, Tim chats with Phil Wilkins, a former finance professional who traded spreadsheets for fries and freedom. After stumbling on an article that sparked his entrepreneurial fire, Phil left the safety of his 9-to-5 and bought his very first business. Tune in as he shares the emotional rollercoaster of walking away from a stable job, the lessons he learned as a first-time business owner, and why belief in yourself might be the most valuable asset of all. 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. [00:35 – 09:30] From Corporate to Entrepreneur Phil shares how a single article inspired him to leave his stable finance career. Talks about the emotional and mental hurdles of walking away from a 9-to-5. Describes how belief in himself carried him through early doubts. Highlights the “burn the boats” mentality that pushed him forward. [09:32 – 16:42] Franchises, Cash Flow, and McDonald’s Lessons Breaks down how studying McDonald’s helped him understand systems. Discusses the value of cash flow and repeatable models. Shares how he applied franchise logic to his own business decisions. Offers insight into why big ideas don’t always require big capital. [16:43 – 30:22] Buying Restaurants and Building Real Estate Details what he looks for when evaluating a restaurant for purchase. Talks about pairing business ownership with real estate assets. Explains how real estate plays a key role in long-term wealth. Discusses avoiding shiny object syndrome when scaling. [30:23 – 35:23] Starting Lean and Staying Scrappy Emphasizes growing businesses with minimal resources. Shares the early grind of taking out trash and doing it all. Talks about reinvesting instead of extracting profits early. Encourages others to start small and scale with purpose. [35:24 – 42:37] Using AI and Positivity to Scale Shows how AI tools help automate his operations. Talks about protecting mental space and avoiding negativity. Shares the role of gratitude and belief in business success. Encourages surrounding yourself with uplifting, driven people. [42:38 – End] Financial Discipline and Redefining Success Highlights the importance of being conservative with money. Talks about what “wealth” and “retirement” really mean to him. Shares how he pushes through hard times with mindset and support. Ends with a philosophy of building resilience over time. Guest Bio: Phil Wilkins is a keynote speaker, podcaster, coach, consultant, and author who teaches how to win every day. He prides himself on his unique ability to inspire individuals and organizations in dedication to strategic goals, cultivation of an unwavering work ethic, and commitment to nurture a culture of excellence. Connect with Phil: 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: YouTube: Instagram: Threads: LinkedIn: Facebook: Tweetable Quotes: “Having a supreme belief in yourself, you do belong.” - Phil Wilkins “I read that article a thousand times. It was like a vision I couldn’t shake.” - Phil Wilkins “I didn't know anything about manifestation. But somehow, it found me first.” - Phil Wilkins “It wasn’t about burgers, fries, or Coke. It was about ownership.” - Phil Wilkins /episode/index/show/0c007f26-2a0c-46bf-8974-61a0be61d29b/id/37599040

0006 - From Banker to Business Owner & How Persistence Pays Off 07/29/2025

0006 - From Banker to Business Owner & How Persistence Pays Off Are you thinking about buying a business but feeling overwhelmed by the process? In this episode, Tim talks to Aurelius, CEO of Midland Machinery, about his journey of purchasing a business and the key lessons he learned along the way. From navigating the complexities of financing and negotiations to managing the transition, Aurelius shares his firsthand experience in acquiring Midland Machinery. Whether you’re looking to buy your first business or just curious about the process, this episode breaks down the critical steps to help you make smart, informed decisions. 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 - 15:15] From Banking to Entrepreneurship Aurelius began his career in banking in 2006, following the failure of his first startup. Worked his way through the ranks of M&T Bank, focusing on business banking. Developed a passion for helping business owners and understanding their financial needs. Decided to transition from banking to owning a business in 2020. [15:16 - 29:46] The Power of Partnerships Aurelius partnered with a childhood friend and another trusted partner. Structured ownership with equal shares for main partners, while minimizing risk for the third. The importance of having partners who believe in you and share the same vision. Focused on building trust with partners and delegating tasks to those with complementary skills. [29:47 - 43:19] The Acquisition Journey Aurelius and his partners looked at various deals before deciding on Midland Machinery. The acquisition process took two years, with many hurdles along the way. They rejected seller financing to avoid future complications and went with traditional bank loans. The importance of persistence and following up during the acquisition process. [43:20 - 57:43] Transitioning into Business Ownership Aurelius’ approach was to focus on building relationships with employees before implementing changes. A gradual approach to business improvements, including customer service and supply chain. Established long-term goals and shared the company’s 10-year vision with employees. Learned the importance of patience, trust, and humility when leading a business. [57:44 - 01:08:33] Key Lessons for Aspiring Entrepreneurs Break down complex processes into manageable steps, much like buying a house. The importance of solid financials and clear agreements when acquiring a business. Stay persistent and avoid listening to doubters who focus on the negatives. Surround yourself with a strong support team of lawyers, accountants, and other professionals. Guest Bio: Aurelius Chaves is a former business banker who left corporate life at the age of 40 and bought a construction equipment manufacturer with his childhood best friend. 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: YouTube: Instagram: Threads: LinkedIn: Facebook: Tweetable Quotes: “ The more you have to explain in the financials, the more difficult it's gonna be.” - Aurelius Chaves “ The number one thing that you could do is be responsive.” - Aurelius Chaves “The further it deviates from the actuality of what the job is and the pay for that job, the more complicated the financing gets, the more complicated it gets when you wanna sell the business.” - Aurelius Chaves “ There are lawyers that are deal makers and lawyers that are deal breakers, and just figure out quickly that yours is a deal maker.” - Aurelius Chaves “ If somebody tells you 90% of small businesses fail within 10 years, just you don't need to listen to anything else they're telling you about it.” - Aurelius Chaves /episode/index/show/0c007f26-2a0c-46bf-8974-61a0be61d29b/id/37287970

005 - Seller Financing: A Smart Way to Acquire a Business 07/22/2025

005 - Seller Financing: A Smart Way to Acquire a Business Ever wondered what it really takes to leave the stability of a corporate job and bet on yourself by buying an existing company? In this episode, Tim sits down with Lindsey Zajac to explore her inspiring journey from a corporate HR professional to owning a thriving talent solutions business. Lindsey shares candid insights on overcoming fear, dealing with impostor syndrome, and why sometimes buying a business can be the smarter, faster path to entrepreneurship. 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 - 06:20] Lindsey’s Career Path: From HR to Entrepreneurship Started in HR by chance, gaining broad experience in recruiting and HR roles. Moved frequently to avoid career stagnation and grow her skills. Mid-30s marked a shift toward entrepreneurship due to family/work balance needs. Left a stable Pepsi HR manager role to launch a solo coaching business. Discovered that working alone wasn’t enough; wanted a stronger business foundation. [06:21 - 18:58] The Decision to Buy a Business Opportunity arose to buy Career Partners, a well-established talent firm. Pre-existing relationships with owners helped build trust. Seller financing made the purchase manageable without a big upfront cash hit. Worked part-time for the business first to learn financials and operations deeply. Saw real growth potential by improving existing systems and client base. [18:59 - 27:12] Growing and Evolving the Business Launched a thoughtful rebrand after one year to reflect expanded services. Invested in technology upgrades like CRM and revamped the website. Focused on hiring strategically to grow the team and expand reach beyond Western New York. Navigated employee adjustments with transparency and communication. Emphasized continuous improvement and scaling smartly. [27:13 - 47:25] Thoughts on Risk, Timing, and Mindset Lindsey identifies as a calculated risk-taker who trusts her abilities. Advises others stuck in corporate roles to weigh the risks of staying vs. entrepreneurship. Highlights impostor syndrome as a common barrier but encourages pushing through it. Suggests mid-30s is a sweet spot for buying a business — experience plus energy. Warns against waiting too long to start due to the energy and stamina required. [47:26 - 49:57] Advice for Aspiring Business Owners Do your homework: research, ask questions, and talk to experienced owners. Consider starting a side hustle while still employed to build confidence and traction. Buying a business doesn’t always require a fortune upfront; explore seller financing. Keep adding value wherever you are, whether in a job or your own venture. Trust yourself, be willing to learn, and leverage your support system. Guest Bio: Lindsey Zajac is the Owner and CEO of a talent solutions firm that is committed to elevating careers, empowering leaders and enriching lives by providing world-class services in outplacement, search and leadership development. Prior to purchasing this business in 2024, she spent fifteen years in corporate HR. Lindsey excelled in fast-paced organizations ranging from a start-up to a Fortune 50 organization. She is an advanced, certified leadership coach and a member of the Forbes Coaches Council. You can connect with Lindsey: 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: YouTube: Instagram: Threads: LinkedIn: Facebook: Tweetable Quotes: “Always be adding value and just knowing that, you know, again, the biggest expense for any business iis its people.” - Lindsey Zajac “If my business fails, that's on me, but no one's gonna terminate me from a job.” - Lindsey Zajac “If you decide to stay in an organization. Continually add value and make sure you're learning, you're growing, you're adapting to the new leadership, you're adapting to technology, you're adapting to changes.” - Lindsey Zajac “That's one thing that people don't realize is there are a lot of business opportunities out there that you can get into with very little to no cash out of your own pocket.” - Tim Delaney /episode/index/show/0c007f26-2a0c-46bf-8974-61a0be61d29b/id/37287980

0004 - Is Buying a Business a Good Investment? 07/14/2025

0004 - Is Buying a Business a Good Investment? In this episode, Tim dives into one of the most common questions he gets asked – "Is buying a business a good investment?" With so many factors to consider, Tim breaks it down from different angles: return on investment, risk, time commitment, and financial independence. Whether you're thinking about purchasing your first business or just curious, this episode gives you a comprehensive look at what this investment really means. 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 - 05:18] Return on Investment: Is It Worth the Money? The different ways to calculate returns: ROI, Cash on Cash, and IRR. With 90% financing, Tim’s first business had a 10% ROI, jumping to 30% with his salary. After recouping the initial investment, Tim achieved infinite returns. Businesses offer faster growth and forced appreciation compared to real estate. Businesses allow for higher leverage, meaning more growth potential. [05:19 - 08:50] Risk and Stability: How Much Control Do You Really Have? In business ownership, you control your destiny, unlike stocks and bonds. The myth of business failure overlooks well-established businesses and proper due diligence. With the right research and transition plans, failure risks can be minimized. Businesses with long-term contracts can offer more stability. External factors can impact, but ownership offers the flexibility to adapt quickly. [08:51 - 12:02] Time Commitment: Is It Worth Your Energy? Starting out in a business may require more time and effort but can pay off in the long term. Corporate employees may not match salary right away, but there’s potential for growth. Focus on building systems and scaling – don't just work in the business, work on it. Tim worked full-time initially, then stepped back as the business ran independently. Businesses offer more freedom than jobs once systems are in place. [12:03 - 16:51] Financial Independence: How Can Buying a Business Help? With high financing options, you can use debt to accelerate wealth-building. Business loans typically have 5-10-year terms, enabling quicker equity growth. After the loan pay-down, the business generates more cash flow. Planning for a sale or management change helps pave the way for financial independence. Despite changes, there are still options to leverage financing for business acquisitions. 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: YouTube: Instagram: Threads: LinkedIn: Facebook: Shareable Quotes: “When I own the company, I can adapt, I can change, I can make decisions in real time.” - Tim Delaney “The real gem is the forced appreciation, the growth of the business that you put in over time to make the business worth more in the future.” - Tim Delaney “The more you look at, the more confident you'll get. The more you run your numbers, the more you talk to brokers, the more conversations you have with sellers, the more you'll start to realize that most sellers aren't any smarter than you.” - Tim Delaney “ Don't let people scare you about saying you're just buying a job. Yes, sometimes you are buying a job, but if you have a plan to get outta that job then it is good. Just make sure that you carve out the time to work on the business, not just in the business.” - Tim Delaney /episode/index/show/0c007f26-2a0c-46bf-8974-61a0be61d29b/id/37287940

0003 - Lessons Learned from Business Acquisitions 07/14/2025

0003 - Lessons Learned from Business Acquisitions Have 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: 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: YouTube: Instagram: Threads: LinkedIn: Facebook: 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 /episode/index/show/0c007f26-2a0c-46bf-8974-61a0be61d29b/id/37287935

0002 - Franchise Advice You Can’t Afford To Miss 07/14/2025

0002 - Franchise Advice You Can’t Afford To Miss In this episode, Tim interviews Jimmy Feeman, the entrepreneur who launched No Baked Cookie Dough at the age of 23 and turned it into a successful franchise. Jimmy shares his story of how he and his wife, Megan, started their business, navigated the challenges of franchising, and made key decisions that helped their brand grow. They dive deep into what it takes to franchise your own business and what you need to know before buying a franchise. 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 - 11:41] The Origins of No Baked Cookie Dough Jimmy and Megan quit their jobs after 3 months to go full-time into the business. Megan handled marketing while Jimmy focused on operations and product development. They both sought freedom from the 9-to-5 grind, which drove them toward entrepreneurship. Cash flow was key: They knew they could sustain their basic bills before fully jumping in. Side hustles like Uber and DoorDash helped cover gaps while the business grew. [11:42 - 21:56] Pivoting to E-Commerce and CPG Early success led to multiple store openings, but some struggled.. The pandemic pushed them to shift to e-commerce and packaged goods.. CPG came with low margins, high competition, and complex distribution.. Managing relationships with distributors and retailers is crucial.. Selling CPG requires reaching millions, unlike higher-ticket products.. [21:57 - 33:05] Franchising: The Benefits and Challenges Franchising seemed like the easy choice but brought unexpected challenges. Selling to the wrong franchisees can hurt the brand. Success in franchising requires strong systems and training, which take years to build. Franchisees should get a good deal, with operationalized systems and support in place. Systematizing processes helps scale a business, even without franchising.. [33:06 - 40:09] Choosing Between Buying a Franchise or a Mom-and-Pop Business The decision depends on how much work you’re willing to put in. Franchises provide systems and support, but with less flexibility. Mom-and-pop businesses offer more creative control but require more personal effort. Know yourself: Are you an “instruction manual” person or a system builder? Owning a business is about balancing risk, freedom, and structure. [40:10 - 56:43] Closing Segment Aging owners create opportunities to buy businesses with growth potential. Buying to franchise requires solid systems and support. Build a strong foundation with sales data and training before franchising. The real work is in supporting franchisees and maintaining consistency. Franchising offers growth but requires ongoing operational oversight. Guest Bio: Jimmy Feeman is a Forbes 30 Under 30 recipient and an entrepreneur who launched No Baked at just 23 years old and turned it into a nationally recognized dessert brand. He’s run e-commerce, scoop shops, franchised the concept, and even explored the world of consumer packaged goods. Now, as he steps away from day-to-day operations, he’s helping others navigate franchising—from both sides of the deal. Connect with Jimmy: 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: YouTube: Instagram: Threads: LinkedIn: Facebook: Tweetable Quotes: “When you hear a lot of those no's in the beginning, you have to have so much conviction about the thing that you're doing, that you're willing to do it.” - Jimmy Feeman ”What I warn people who would like to franchise their business is, it's definitely faster than organic growth if you find the right people. But it's definitely not a quick growth strategy because you'll end up, if they were to go out and aggressively franchise a brand, you will end up with a ton of franchisees who should not be there.” - Jimmy Feeman “ Make sure you, without a doubt, feel like you can provide value in the three major ways of like, brand, products, systems, and then, yeah, it's a great growth strategy for any business, especially if it's customer-facing.” - Jimmy Feeman /episode/index/show/0c007f26-2a0c-46bf-8974-61a0be61d29b/id/37287985

0001 - Welcome to the Business Buying for Financial Independence Podcast 06/17/2025

0001 - Welcome to the Business Buying for Financial Independence Podcast Ever wonder if buying a business could be your shortcut to financial independence? In this episode, Tim Delaney shares how he bought his first business with just 10% down and why buying an existing business might be a smarter, faster way to own your time and build wealth than starting from scratch.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 - 02:28] About Tim & The Podcast Tim’s journey began 12 years ago when he bought his first “boring” business. No tech or startup background—just practical strategies. Has since invested in multiple industries like retail, real estate, construction, and software. The podcast aims to help you find, buy, and grow businesses for financial freedom. [02:29 - 06:55] How Tim Bought His First Business Learned about SBA loans and bank financing to leverage purchases. Initial attempt with a gourmet cookware business didn’t qualify for loans. Shifted focus to more profitable, bank-friendly businesses. Found a wine and liquor store with growth potential despite some challenges. Used a mix of bank loans (80%) and seller financing (10%) to close the deal. [06:56 - 08:50] Why Buying Beats Starting From Scratch Immediate income from an existing customer base and cash flow. Easier to get financing compared to risky, slow startups. Skip the hardest phase of building a business from zero. Buying means you manage an existing system—you don’t need to be the expert. You can hire experts to handle specialized areas of the business. [08:51 - 11:08] Common Myths About Buying Businesses Myth: Only rich people can buy businesses. Reality: Financing options make it affordable. Myth: Starting your own business is safer. Reality: 90% of startups fail. Myth: You need industry experience. Reality: Managing a working system is key. You don’t need all the answers. Build a team like Henry Ford did. Creative deal structures can reduce your upfront cash needs. 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: YouTube: Instagram: Threads: LinkedIn: Facebook: Tweetable Quotes: “Buying an existing business was the fastest way to take control of my income, my time, and my financial future.” - Tim Delaney “ You don't need to be the expert. You just need to manage it well, and you can always hire people who are experts.” - Tim Delaney “ When you buy a business, you're not starting from zero. The revenue, customers and operations are already in place.” - Tim Delaney /episode/index/show/0c007f26-2a0c-46bf-8974-61a0be61d29b/id/37035670

Business Buying for Financial Independence

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