The Empire Podcast - Buying And Selling Websites | Investing In Online Assets And Businesses

Real World Lessons in Acquisitions and Deal Making With Paul Lajoie [Ep.207]

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Sinopse

What if the smarter path to building wealth online isn't launching a new business… but acquiring something that already works? In this episode of The Opportunity Podcast, we sit down with Paul Lajoie, a CPA turned acquisition entrepreneur who has bought more than 25 businesses over the past two decades.Paul breaks down his experience starting businesses from scratch vs buying established businesses. The difference is night and day. Paul's success rate in buying businesses is 92%. When starting from scratch? Just 25%. A large part of Paul's success is his buying criteria. He focuses on businesses that have been around for at least ten years and have already survived economic downturns. He looks for proof of resilience, not just potential. He also opens up about the early mistake that nearly derailed his first deal. Running out of working capital was a hard lesson, but one that shaped how he approaches every acquisition today. We also discuss why the structure of a deal can matter more than the purchase price,