Robert Gale has Bought or Invested in Over 20 Distressed Businesses | How To Buy a Business

David C Barnett Small Business and Deal Making SMB

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Learn to buy a business: www.BusinessBuyerAdvantage.com
Find Robert at: www.rothesaycapital.com/
Related Article:
Veteran investor in distressed businesses tells us how.
Have you ever thought of buying a failing or distressed business?
Some people say this is how you get a good deal.
Does it all come down to purchase price though or is there more to this?
I interview experienced distressed business investor Robert Gale from Rothesay Capital Partners who has taken on the challenge of over 20 such businesses in his career.
Listen to some of the lessons that Robert has learned and learn about some of the challenges of this type of business acquisition/investing.
Watch the interview here: • Robert Gale has Bought...
Learn how to buy a successful business at www.BusinessBuyerAdvantage.com
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#entrepreneurship #smallbiz #distressed

Опубликовано:

10 дек 2019

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Комментарии : 44

@bstancel12 3 года назад

How does this video not have more views? Great interview. Just recently found this channel. Really wish there was content like this earlier in my entrepreneurial career. Great work, keep it up!

@DavidCBarnett 3 года назад

Brad, we don’t let just anyone watch this stuff. It’s a very exclusive channel 😉

@oaciftci 3 года назад

Great interview David! Robert has a lot of valuable real world experiences to share.

@DavidCBarnett 3 года назад

Thanks, this was a fun interview.

@deez6005 4 года назад

Very good video. Can you interview more people like this who had several businesses and sold them off? I think it’s pretty much the obvious and few legit ways to become truly wealthy. Great channel btw!

@DavidCBarnett 4 года назад

Great suggestion!

@trong9402 3 года назад

Brilliant stuff. Fantastic interview. Thanks from Aus

@DavidCBarnett 3 года назад

Glad you enjoyed it!

@victor7530 4 года назад

Thanks David. A lot of useful information especially about how important pivoting is. Interesting point too about the dumpsters and how they were sent to be melted down to avoid them becoming an asset for a potential competitor.

@DavidCBarnett 4 года назад

Thanks Victor. I'm glad you enjoyed it. I think there are a lot of entrepreneurial insights here.

@NolaWarrior 4 года назад

Insightful conversation. Thank you both!

@DavidCBarnett 4 года назад

Thanks Stephen. I had a lot of fun in this conversation.

@rhondathornton5188 4 года назад

Really great interview! 😁

@DavidCBarnett 4 года назад

Thanks so much, Rhonda!

@rahshenbarber3909 Год назад

Great talk.

@DavidCBarnett Год назад

Thanks

@TheMidasTouch11 Год назад

Great video!

@DavidCBarnett Год назад

Glad you enjoyed it

@walterthekingboi 4 года назад

Sounds like a nice twist on business consulting. This guy seems to always be ahead of the curve! Like the responsibility verbiage on his website. When business is good, we all win! Owners are people too and we all could use help, got to be open to the help though.

@DavidCBarnett 4 года назад

I knew you'd all enjoy it! Cheers

@LeffHynebridge 4 года назад

I don't know Robert, but gosh darn it I like him!

@DavidCBarnett 4 года назад

Yeah, he's a thinker for sure.

@IIC-GusBadran 10 месяцев назад

Great interview. Learnt about it from your 4 SMB Hosts Talk Deal Making and the Market - Will Smith, Ryan Condie, Jared Krause,

@DavidCBarnett 10 месяцев назад

Yes, there's lots of great conent in my older videos. Enjoy.

@richardheighington9444 Год назад

How do you convince a business owner that clearly doesn’t know what they are doing to sell or walk away? Is it just a waiting game?

@DavidCBarnett Год назад

Sometimes. Sometimes people are 'paralyzed in their pattern' and require an outside intervention to stop. Like having cheques bounce. So, sometimes you can show them where they're headed. I've had more than one business person ask 'what do I do to actually stop?' it's a tough place to be.

@bryanbell9103 4 года назад

Great content 👍

@DavidCBarnett 4 года назад

Thanks Bryan.

@theonlyalexoliveira Год назад

It’s funny how people think about willingness to help in regards to age. “Oh, you’re young and have more than enough time to make up for any mistakes, let me help you”… Oh, you’re old and you really need this to work because you don’t have time for more mistakes? Too bad, you’re probably somehow to blame for not being successful by now. “just look at how the government structures programs. Why is there an age limit on new business funding in some programs? Literally why?

@DavidCBarnett Год назад

Usually because they feel the younger people have been disadvantaged.

@mdsumonmahamud7951 2 года назад

Nice

@DavidCBarnett 2 года назад

Thanks Md

@gagelujan6624 4 года назад

Might you have a video with someone experienced in the oil business?

@DavidCBarnett 4 года назад

I do not. But it's a good idea.

@trujefe7367 3 года назад

David, when a buyer buys distressed businesses. Does he also take a base salary to cover living expenses or just equity?

@DavidCBarnett 3 года назад

Usually the distressed business has a cash flow problem. Owner salaries often come after the 'fix.' Another reason it's risky.

@JavierBonillaC 3 года назад

Like Marcus Lemonis (The Profit), some people have the ability to buy businesses that they can turn around through measures that in hindsight seem "common sense" but in reality are visionary. It's a fascinating world.

@DavidCBarnett 3 года назад

What I learn from people like Robert is to ask silly questions. Such as, how could we get this for free? Or, what is the customer's biggest problem buying from us? (I thought the toll free number for the taxi co. was a huge idea for the era before cell phones.)

@JavierBonillaC 3 года назад

@@DavidCBarnett I agree, those were most interesting examples, the weater jug handle and the taxi phone. :)

@Greg_Chase 2 года назад

"I went into the mobile sign business with my brother" - unfortunately it did not work out. Not too many businesses work and you put at risk the relationship. "Never go into business with friends and family" You think you know someone. But when money becomes an element in a relationship, it brings out behavior in them not seen before. When I've turned it down and been asked 'why', "It's because I value our relationship too much to put it at risk if something goes wrong in the business." If they don't understand that, give them some cooling-off time and they'll come back and say 'you were probably right, I wouldn't want to risk the relationship either' But it's hard to turn it down because you think you know them. You don't. Money changes people. .

@DavidCBarnett 2 года назад

Family business is tough. Just look at those pawn shop guys in Vegas on TV!