New Years Resolution? Make. Some. Money.

Published: Jan. 9, 2024, 10 a.m.

This week, in episode 179, Shawn Busse, Paul Downs, and Laura Zander talk about why 2023 was so challenging for them and what they plan to do differently in 2024. \u201cLast year was a year when I knew I was going to be making a bunch of investments and didn't expect to show much or any of a profit,\u201d says Paul. \u201cAnd I absolutely nailed that goal.\u201d Shawn, meanwhile, thinks his new marketing scheme is working, and Laura is addressing her issues by going shopping \u2014 shopping, that is, for businesses. She\u2019s now bought a total of six, and she offers a step-by-step guide to how even a relatively small business can grow through acquisition, including what she\u2019s looking for (mostly companies in distress), how she sets a price (she aims to recoup her cash outlay pretty quickly), how she finances the deals (not with a bank!), and how she integrates her old and new operations (that can be a bear).