Martinka Consulting's Getting the Deal Done Podcast

A synopsis of Chapter One of Buying a Business That Makes You Rich; Toss Your Job Not the Dice covers:The leap of faith buyers (and others) make.Why consider business ownership?Is business ownership for you?How the corporate world trains people to be successful owners.Different paths to ownership.What it takes to be a successful buyer and operator.A story of what happens when buyer fever rages.John MartinkaJessica MartinkaContact us via either website or give us a call and be sure to check out our videoshttps://nokomisadvisory.com/https://www.martinkaconsulting.com/https://www.gddpodcast.buzzsprout.comhttps://www.youtube.com/c/JohnAMartinka/videos 425-515-4903 

In a short, concise, and insightful discussion Morgan Rogers talks about some of the problems the firm solves for clients, how they help clients increase profits and productivity, as well as what they do to assist in raising or borrowing money.Morgan also shares some examples of clients who changed their business model due to Covid.John MartinkaJessica MartinkaContact us via either website or give us a call and be sure to check out our videoshttps://nokomisadvisory.com/https://www.martinkaconsulting.com/https://www.gddpodcast.buzzsprout.comhttps://www.youtube.com/c/JohnAMartinka/videos 425-515-4903 

Will companies return their workers to high-rises? If so, how many and when? What about office rents in Seattle versus the Eastside? Will industrial space remain a strong market? Eric Postle is a tenant and buyer agent for commercial real estate. He doesn't list properties for sale or represent landlords so he brings the perspective a tenant or buyer needs.With three decades of experience Eric is truly an expert. He is the Seattle representative for ITRA Global, an international firm with offices in about 30 cities.John MartinkaJessica MartinkaContact us via either website or give us a call and be sure to check out our videoshttps://nokomisadvisory.com/https://www.martinkaconsulting.com/https://www.gddpodcast.buzzsprout.comhttps://www.youtube.com/c/JohnAMartinka/videos 425-515-4903 

Rick Locke left the corporate world, bought Windows Doors & More in Seattle and a few years later he bought Montana Sash & Door. Both companies are thriving under his leadership.He candidly talks about the buying process, the improvements he made, and some of his mistakes as he transferred from corporate American to small business. Hint: not everything done and done well in the corporate world translates to a small business. There's a reason employees work there - they don't want to work for a huge company.John MartinkaJessica MartinkaContact us via either website or give us a call and be sure to check out our videoshttps://nokomisadvisory.com/https://www.martinkaconsulting.com/https://www.gddpodcast.buzzsprout.comhttps://www.youtube.com/c/JohnAMartinka/videos 425-515-4903 

Lisa Forrest tells us what makes Live Oak Bank special with a big part of it being their channel experts for over 20 industries including pharmacy, dentists, HVAC, government contracts.Lisa is a great SBA lender and a lot more. She talks about the different loan structures she has available in addition to and besides the SBA program. And, what relationship means to a lender (it's not just the numbers).We also discuss search funders and all the variations, how her bank's expertise saves clients on due diligence expenses, and what the new SBA policies mean to a business buyer, while providing a real life example.John MartinkaJessica MartinkaContact us via either website or give us a call and be sure to check out our videoshttps://nokomisadvisory.com/https://www.martinkaconsulting.com/https://www.gddpodcast.buzzsprout.comhttps://www.youtube.com/c/JohnAMartinka/videos 425-515-4903 

Dan Weedin is with Emerging Risk Solutions and is an expert on risk prevention, response, and recovery.  He shares insights on identifying areas of risk, assessing the impact of each risk, and preventative actions.While most of us think about things like floods or earthquakes he tells us why they are not what we should worry about. To steal a bit of his thunder, the top risks these days are not floods or earthquakes.Listen and learn from Dan's experience.John MartinkaJessica MartinkaContact us via either website or give us a call and be sure to check out our videoshttps://nokomisadvisory.com/https://www.martinkaconsulting.com/https://www.gddpodcast.buzzsprout.comhttps://www.youtube.com/c/JohnAMartinka/videos 425-515-4903 

Gregory Kovsky with IBA (www.ibainc.com) is an experience business broker. He and his team sell businesses and only sell businesses. They are, as Gregory says, a hired gun that doesn't do consulting, advising, or prepping the business. They sell businesses.John MartinkaJessica MartinkaContact us via either website or give us a call and be sure to check out our videoshttps://nokomisadvisory.com/https://www.martinkaconsulting.com/https://www.gddpodcast.buzzsprout.comhttps://www.youtube.com/c/JohnAMartinka/videos 425-515-4903 

Rob Kaplan shares his thoughts on modernizing the business he bought in 2015. Over the past few years he's moved the business, upgraded the technology, streamlined the product lines, and was forced to change his sales and marketing due to Covid.Supply chain issues have affected his industry (order a hot tub in early 2021 and probably get it in early 2022) and he shares how he stayed ahead of the curve.This is a great story from a very dynamic business owner.John MartinkaJessica MartinkaContact us via either website or give us a call and be sure to check out our videoshttps://nokomisadvisory.com/https://www.martinkaconsulting.com/https://www.gddpodcast.buzzsprout.comhttps://www.youtube.com/c/JohnAMartinka/videos 425-515-4903 

Ted Hoffman is the owner of Clothworks, a firm that designs, manufacturers, and distributes fabric, primarily to quilting industry stores.Ted bought the business, which is over 50 years old, in 2006. He and his wife Candace have grown it and expanded its reach. Like most of us, he faced challenges with Covid and he shares what they do.John MartinkaJessica MartinkaContact us via either website or give us a call and be sure to check out our videoshttps://nokomisadvisory.com/https://www.martinkaconsulting.com/https://www.gddpodcast.buzzsprout.comhttps://www.youtube.com/c/JohnAMartinka/videos 425-515-4903 

Scott went through a frustrating process of trying to buy a non-operational company whose product he loved. He shares his thoughts on how it's important to:Know what the other side really wants.Don't let the lawyers get involved in business discussions.Communicate regularly (weekly) with scheduled calls or meetings.Look in the mirror so you know your options.Use advisors to keep from getting buyer feverJohn MartinkaJessica MartinkaContact us via either website or give us a call and be sure to check out our videoshttps://nokomisadvisory.com/https://www.martinkaconsulting.com/https://www.gddpodcast.buzzsprout.comhttps://www.youtube.com/c/JohnAMartinka/videos 425-515-4903