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The Double Life of Owning a Business 2.5 Hours Away

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John Murphy pushed through divorce, $500k debt, and a bad broken deal to finally buy a 60-year-old business doing $8m.

Topics in John’s interview:

Losing a deal one week before closing

Value of peer groups

How real estate compares to business ownership

Taking over a company before the deal closed

Unforseen transition expenses

Carl Allen’s business buying course

Leaving his W-2 to search for a business

Value of joining industry associations

Restructuring his…

The skinny

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