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Thrivetime Show | Business School without the BS

When Is It Time to Buy Another Business? - Ask Clay Anything

Thrivetime Show | Business School without the BS

Clay Clark

Business, Entrepreneurship

4.71.5K Ratings

🗓️ 1 September 2018

⏱️ 31 minutes

🧾️ Download transcript

Summary

How do you know when it’s time to buy another business? When should you buy another business and when should you just stay the course and grow your existing company? Clay Clark and Dr. Z provide wisdom about buying a business for a thriver in Colorado Springs.

Transcript

Click on a timestamp to play from that location

0:00.0

Make sure you never miss a broadcast by signing up for the Thrive Time Show

0:08.8

podcast and back to a show that's cooler than the other side of the pillow. It's the Thrive Time Business Coach Show.

0:15.0

He's the welcome to Thrive Time with Dr. See and Click Lock 2. They can tell you all of the rules.

0:25.0

When passion is a profit you can world till you drop,

0:29.0

instead of hoping mission, thinking that it'll stop it.

0:32.0

Hey, time to face the rise and grind.

0:35.0

We started from the bottom now we're here.

0:40.0

We started from the bottom and we'll show you how to get here. Welcome back to the Thrive Time show on your

0:47.2

radio and podcast download and on this short but super effective podcast we're answering the questions directly from Mr. Preston.

0:56.8

Now Mr. Preston my understanding is that you have a company that is doing well in Colorado Springs and you want to know how to take your company to the next

1:06.1

level because you've been in the flooring business for 20 years.

1:10.9

And you started your own business four years ago.

1:14.0

And you do 90% of your business is residential.

1:17.0

10% is commercial.

1:19.0

And you sub out pretty much the entire process.

1:22.0

And you're wanting to know, okay, I want two tracks. about pretty much the entire process.

1:22.9

And you're wanting to know, okay, I want two tracks.

1:25.3

And see, this is where I want to have you kind of lock in here mentally.

1:28.4

You know what, I'm going to get out the key,

1:30.3

and I'm going to lock this thing in.

1:31.6

Preston wants you to lock in on these two tracks.

1:34.0

Boom, boom, boom, boom.

...

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