ETA Reality Check: Jared Johnson and a Special Guest on SBA Lending, Buyer Mistakes, Deal Killers, and the Truth About Buying a Business

ETA Reality Check: Jared Johnson and a Special Guest on SBA Lending, Buyer Mistakes, Deal Killers, and the Truth About Buying a Business

From Before You Buy or Sell a Business by Jared W. Johnson

April 28, 2026 · 30 min · Episode 63

About this episode

Jared Johnson discusses the realities of buying a business, focusing on common mistakes and the importance of due diligence.

Jared Johnson takes a different seat in this episode as he gets interviewed and answers real questions from buyers and sellers about entrepreneurship through acquisition. The conversation cuts straight through the hype and focuses on what it actually takes to buy and run a business. Jared explains why ETA has become so popular in recent years and why much of what people see online does not match reality. He talks through what lenders are really looking for, including experience, liquidity, and consistent cash flow, and why those factors matter so much when getting a deal approved. The episode also covers the most common reasons deals fall apart. Jared walks through red flags like inconsistent financials, customer concentration, and buyers trying to operate businesses remotely. He shares where buyers go wrong, especially when they skip due diligence, rush into deals, or rely too heavily on brokers and sellers without verifying the numbers. There is also a personal story from Jared’s first acquisition that shows how expensive mistakes can be when diligence is limited. It is a clear reminder that even deals that look solid on the surface can carry real risk. This is a practical…

People in this episode

Host: Jared Johnson

Topics covered

  • entrepreneurship through acquisition
  • SBA lending
  • buyer mistakes
  • deal killers
  • due diligence
  • business acquisition

Keywords

  • ETA
  • SBA lending
  • buyer experience
  • financials
  • customer concentration
  • acquisition mistakes
  • due diligence

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