
About this episode
He started by buying a small flooring business in 2000. Today Paul Lajoie takes home $1m a year and works how he wants.
Register for the webinar:
- Why Deal Flow Isn’t Your Biggest Problem - TOMORROW! - https://bit.ly/4ah8L1E
Topics in Paul’s interview:
- Background in Big Six accounting
- Buying the first business he looked at
- Partnering with his brother
- Downsizing his lifestyle in the beginning
- Underestimating working capital needs
- Detailed partnership agreements
- You are not smarter than the seller
- Pivoting to remodeling after 2008 crash
- Acquisition vs startup success rates
- His BizBuyPro community
References and how to contact Paul:
Learn more about Walker Deibel's done-with-you buy-side advisory:
Get complimentary due diligence on your acquisition's insurance & benefits program:
Download the New CEO’s Guide to Human Resources from Aspen HR:
- From this page or contact [email protected]
Connect with Acquiring Minds:
- See past + future interviews on the YouTube channel
- Connect with host Will Smith on LinkedIn
- Follow Will on Twitter
Edited by Anton Rohozov
Produced by Pam Cameron
Get every episode summarized
Each time Acquiring Minds publishes, we email you a written briefing from the transcript — the topics, who appeared, and any specific claims, with the ad reads skipped.
Email me new episodesFree for 3 shows. No card needed.
Hosts & guests
No transcript yet
This episode has not been transcribed. Request it and it moves to the front of the queue.
More episodes
More from Acquiring Minds

Buy a Business with Your Tax Bill
Acquiring Minds

First-Timer Buys a $15m Business in Distress
Acquiring Minds

An Engineer's Mini Berkshire: 2 Auto Shops in 1 Year
Acquiring Minds

Right-Tail Outcome for a Husband & Wife Search Fund
Acquiring Minds