Buying a Business to Balance Ambition and Kids
About this episode
Ana Lia Barragan discusses her journey of buying a business to achieve a better work-life balance while raising her children.
Constrained in her job and seeking more time for her kids, Ana Lia Barragan bought a $385k/yr, 30-year-old business. Register for the webinars: Your First Finance Hires After Buying a Business - TOMORROW!! - https://bit.ly/3OvsNic Real Estate Issues When Buying a Business - Thu, Apr 16 - https://bit.ly/3PYIhf8 Topics in Ana Lia’s interview: Wanted flexibility while raising two young children Hit promotion ceiling in corporate tech ladder Joined Beta Accelerator, buying businesses training program Treat LOIs like conversations, not commitments DIY diligence first to avoid costly mistakes SBA rule changes complicated future acquisition financing Recurring revenue lower than seller originally claimed Lost major client after leadership cost-cutting shift Built custom AI app for operations tracking Bought a job first, business later References and how to contact Ana Lia: LinkedIn Kelly Green Ana Lia’s LinkedIn post on how the new SBA rules affect her Ana Lia’s LinkedIn post on the pre- and post-closing gap in understanding her business Gabe Perez on Acquiring Minds: One Couple, 4 Kids, and a Business 3 Hours Away Darryl Lindie on Acquiring Minds: Hard but Fun: Transitioning a…
More episodes of Acquiring Minds
- From $1m to $25m in 6 Years
- The Searchers Building a $10m EBITDA Powerhouse
- Buying a $40m Business as a 49-Year-Old First-Timer
- How Business-Buyer Fit Led to 2.2x and No PG
- A Search Fund Journey to $350m
- "Life is Just Brighter" in a $1.2m Distribution Business
Explore listener stats, chart rankings, contacts and more on the Acquiring Minds podcast page.