Dan is joined by lawyer, account and tax strategist Roland Frasier. Roland is renowned as a ‘deal artist' and is a serial entrepreneur who has bought and sold multiple businesses. They discuss how to source almost-risk free deals, Roland's unique strategies and why networking is one of the most important things you can do to build your deal-sourcing.
KEY TAKEAWAYS
- Early on in Roland's career he was working in real estate and this is where he began making deals. He has gained a lot of experience and has ‘been in the game' for around 40 years!
- Roland does a lot of work directly with vendors, he says the key is to look at the direction companies/private equity is going and work towards that. You need to have a deal sourcing programme in place, whether that's via masterminds or other ways to build your relationships and network so that people come to you first.
- The biggest mistake Roland has found when people are exiting their business, is that they don't get support and help with the process. He also says you should be planning an exit 2-3 years before you actually want to leave.
- Leverage deals are something Roland is very passionate about. He likes the amount of opportunity they present, the large number of buyers there are as well as how well they scale.
- As long as you do the right due-diligence, you shouldn't lose money in a deal. You are buying a company that is already making money.
BEST MOMENTS
“Getting plugged in early and that happens through networking more than anything else”
“I am a big fan of events, but I like people. I consider myself a hybrid-introvert”
ABOUT THE HOST
Dan Taylor
Dan has completed over 36 transactions with a value in the tens of millions, though more importantly, he has added significant value by combining creative commercial property strategies and business buying strategies.
Working with existing property investors and SSAS Pension owners. Dan helps accelerate your income, grow your wealth and reclaim your time to live life on your terms.
Dan believes acquisitions are simply the fastest route to create cash flow and generational wealth.
Dan loves to help investors create cash flow and grow their wealth by investing with him.
Dan and his team do the deals so you don't have to.
Do you have a SSAS Pension or cash that's not producing income and simply don't have the time to do it yourself, then get in touch and if you qualify you may be able to invest with us acquiring businesses and commercial property.
CONTACT METHOD
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