In this video, Walker discusses the best way to replace yourself as the operator in a business that you have recently acquired. He offers a tried and tested stepbystep framework you can use to make this a smooth and successful transition for your new business.


Timestamps:
0:01 Walker introduces the video topic
0:27 The challenges & Walker's personal experiences
0:36 Introduces a stepbystep framework
0:44 Walker introduces himself and more on the topic
3:27 Many small businesses don't have management in place owneroperated
2:38 Uses an example $5 million business $1 million SDE
5:20 How much are you going to pay the operator?
7:10 Build up cash and learn the business
8:30 Find the operator before acquiring a business
8.55 Learn your business first
10:45 Discusses book "Buy Back Your Time” by Dan Martell
11:08 Dan's "replacement ladder" chapter explains this well
14:22 SOPs for each area of the business
14:40 Replace leader as the last step
14:49 Outro Buy Then Build/Acquisition Lab


Interested in buying a business in the next 6 to 24 months? With over 500 members, we've surpassed $200 million in member acquisitions and boast an impressive membertoacquisition rate.

What sets us apart? We offer worldclass education, diamond method coaching, valuable tools, and resources—all designed to support your journey to a successful business acquisition.

Check out acquisitionlab.com and see you on the inside.

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Walker Deibel has practiced acquisition entrepreneurship since 2006, amassing $16.5 million in revenue through acquisitions. He has cofounded three startups, acquired seven companies outright, and has consulted (or participated in) over $200,000,000 in business transactions.

Walker holds an MBA from the Olin School of Business at Washington University in St. Louis, where he was awarded the Declaration of Accomplishment in Entrepreneurship.

He is a Certified M&A Advisor, Certified M&A Professional, M&A Master Intermediary, Certified Exit Planning Advisor, and former SEClicensed stockbroker. He was awarded the Platinum Award from M&A Source and Thought Leader of the Year by The Alliance of M&A Advisors and Axial.com. Forbes, Entrepreneur, Fast Company, Inc, and the Harvard Business Review have featured his work.

Find out more about Walker and the Acquisition Lab team here https://acquisitionlab.com/meetthet...