🎙️ Press F to follow
💬 Press V for Voicemail

Kevin Bibelhausen Shares Lessons on Small Business Acquisitions and Investments

2024-12-06

Sponsored by

Guest Bio

Kevin Bibelhausen is a distinguished investor, business owner, and advocate for aspiring entrepreneurs specializing in small to medium business acquisitions. With an MBA from Duke University's Fuqua School of Business, Kevin has transitioned from various corporate roles to successfully acquiring and managing businesses. His unique background in music, corporate operations, and digital strategy provides him with a well-rounded perspective. Kevin's mission is to educate entrepreneurs on acquiring existing businesses, thus enabling many to leave their corporate jobs and achieve financial independence.

Key Lessons From Episode

  • Entrepreneurship can take various forms, including buying and scaling small businesses.
  • The "invest in yourself" mindset is critical when transitioning from corporate roles to business ownership.
  • Many small businesses are up for grabs due to retiring baby boomers, creating opportunities for acquisition.
  • Understanding both the search and operational aspects are crucial when acquiring a small business.
  • Approaching business acquisitions as an entrepeneurship tactic can be a viable alternative to starting from scratch.
  • Harnessing previous work experience, like corporate operations, can enhance success in small business acquisitions.
  • Timestamps

    [00:01] Welcoming Kevin – Phil introduces special guest Kevin Bibelhausen.

    [02:03] Kevin’s Background – Discussion on Kevin's journey into entrepreneurship and small business acquisition.

    [04:24] Entry into SMB Acquisition – Kevin discusses how he got into buying small businesses.

    [09:05] Kevin’s First Attempt – Kevin shares the story of his first attempt at buying a business.

    [11:09] Dealing with Burnout – Kevin talks about his experience during the pandemic and his career shift.

    [14:59] Current Role and Outlook – Kevin elaborates on his current role and how he helps others.

    [19:02] Search Process – Discussion on the challenges and nuances of the business search process.

    [22:18] Steps in Acquiring a Business – Phil asks about initial steps in buying a small business.

    [29:30] Due Diligence – Insights into the importance and cost of due diligence in acquisitions.

    [37:27] Kevin’s Future Vision – Kevin shares his 10-year plan and ambitions for his business journey.

    [42:55] Advice to Young Kevin – Kevin shares advice he would give his younger self.

    More Episodes Like This

    Rich Kozak Joins Phil Better to Expose the Biggest Branding Myths and How to Truly Make an Impact!

    Rebecca Bonnington joins Phil Better to Unveil Her Powerful Method for Overcoming Self-Doubt!

    Digital Entrepreneur Kute Blackson talks about The Magic of Surrender

    Entrepreneurial Clarity and Courage: Lisa Robbin Young on Being True to Yourself in Business