Former Educator Turned Entrepreneur Teaches What to Really Expect When Buying a Laundromat | Ep. 39

Before you buy a business, ask the seller this question, "What are some problems you've dealt with in the last month?"

Keira Hamilton asked that question to the seller before she bought the laundromat that she now owns.

Join me in this captivating conversation with Keira Hamilton, a former educator turned entrepreneur.

We'll delve into the nuances of due diligence, the realities of owning a laundromat, and the transition from real estate to business acquisition. Discover insights on validating business operations, managing employee relationships, and the significance of understanding seller motivations.

Keira shares her personal journey and the learning curve involved in running a successful business. Perfect for aspiring entrepreneurs and those curious about business ownership, this episode is packed with invaluable advice and practical tips!

You can follow Keira on:
LinkedIn |   / keirahamilton  
YouTube | ‪@Keira_Hamilton‬

On the go? Listen to this episode wherever you get your podcasts.

Apple Podcasts 🟣 https://podcasts.apple.com/us/podcast...

Spotify🟢 https://open.spotify.com/show/3cMoMgJ...
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CHAPTERS
0:00 | Introduction
1:37 | From Teaching to Entrepreneurship: Keira Hamilton's Background
8:55 | Buying a Laundromat: Challenges and Lessons Learned
11:12 | Understanding the Realities of Owning a Laundromat Business
18:11 | First-Time Business Acquisition and Learning Experience
23:56 | The Myth of Absentee Ownership in Business Acquisition
35:16 | Real Estate vs. Business Acquisition: Pros and Cons
39:19 | Navigating SBA Loans and Business Acquisition Challenges
44:47 | The Importance of Valuing Employees in Business Acquisitions
52:39 | Balancing Profit and Positive Impact in Business Ownership
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If you have questions for Jared, visit JaredWJohnson.com

DISCLAIMER: The views and opinions expressed in this program are my own and/or those of my guests. They do not necessarily reflect the views or positions of my employer.
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VIDEO TITLE: From Classroom to Entrepreneur: What to Really Expect When Buying a Laundromat | Ep. 39