Published Mar 11, 2024

55: How We Find, Analyze, and Secure New Investments (Startups, Small Biz, & Stocks)

Austin Hankwitz and Robert Croak delve into strategic investment approaches across startups, small businesses, and stocks, underlining due diligence, patient evaluation, and disciplined portfolio diversification. They also touch on the fundamentals of cryptocurrency staking, highlighting key safety measures and investment strategies.
Episode Highlights
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Episode Highlights

  • Deal Evaluation

    Evaluating business deals requires a meticulous approach to ensure profitability and sustainability. emphasizes the importance of analyzing current financials, such as labor and food costs, and comparing them to industry standards. He also highlights the significance of understanding the competitive landscape and potential for value addition.

    The key for me is, once all of the analysis is complete, I want to be able to calculate what I believe we could get the new sales numbers to be with all of the value add strategies.

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    and Robert discuss how securing a deal involves thorough due diligence and understanding the financial aspects, including owner financing options 1 2.

       

    Financing

    Financing strategies play a crucial role in acquiring businesses, with owner financing being a key method. Robert advises never to shy away from asking for owner financing, as it can often lead to better deals than advertised. He stresses the importance of having a clear financial plan and understanding the numbers before pursuing a business acquisition.

    Never be afraid to ask for owner financing because you don't know what they're going through.

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    Austin shares insights on using platforms like AngelList for startup investments and highlights the benefits of acquiring cash-flowing businesses, as demonstrated by Robert's successful pizza shop acquisition 2 3.