$20m Net Worth After 25 Years Buying Businesses
He started by buying a small flooring business in 2000. Today Paul Lajoie takes home $1m a year and works how he wants.
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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…
The skinny
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