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Entrepreneurs on Fire

How to buy or sell a business the RIGHT way with David Barnett

Entrepreneurs on Fire

John Lee Dumas

Business, Entrepreneurship, Careers

4.84.1K Ratings

🗓️ 25 May 2017

⏱️ 23 minutes

🧾️ Download transcript

Summary

Visit EOFire.com for complete show notes of every Podcast episode.

David loves to say that it took him 10 years to un-learn what he was taught in business school. After a career in advertising sales, he started several businesses including a commercial debt brokerage. Helping to finance small and medium sized businesses led to the field of business brokerage. He now works with entrepreneurs around the world who are buying or selling a businesses as a private transaction advisor.

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Transcript

Click on a timestamp to play from that location

0:00.0

Light that sparkfire nation, a JLD here and welcome to episode 1677 of EO Fire, where

0:10.0

I am chatting with today's most inspiring entrepreneurs, 7 days, a week, and if you

0:15.8

are ready to master productivity, master discipline, and master focus in just 100 days, visit

0:21.6

themasteryjournal.com.

0:24.0

Now let's shout out with today's featured guest, David Barnett.

0:28.0

David, are you prepared to ignite?

0:30.8

John, I just lathered myself in gasoline to make sure it was extra exciting today.

0:35.7

Yes, David.

0:37.2

Loves to say it took him 10 years to unlearn what he was taught in business school.

0:42.0

After a career in advertising sales, he started several businesses, including a commercial

0:46.6

debt brokerage. He now works with entrepreneurs around the world who are buying or selling a

0:52.0

business as a private transaction advisor. David, take a minute.

0:56.1

Fill in the gaps from that in-chone. Give us a little glimpse of your personal life.

0:59.6

John, I love working with small business. My entire career ever since I got a university has

1:05.4

been working with small businesses. The personal thing I want to share is that I'm a father

1:10.0

of two. I've had to work to build my business into something that accommodates my life and my

1:16.2

family because I don't want to be one of those parents that sends their kids off to school

1:20.9

and then daycare every day. I want to have time with my children.

1:24.0

So it's a huge part of who I am as an entrepreneur. Nothing recharges me more than getting

1:30.0

out into nature. I'm a huge hiker and mountain biker. Love all of that. You would love where I

1:35.6

lived out here in Puerto Rico. We have some amazing hiking, biking, and running pass right there

1:41.4

in the rainforest. Definitely cool stuff. You have lots of areas of expertise, David,

...

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