A great discussion with a business broker, Andy Cagenetta with Transworld Business Advisors. We talked about buying and selling businesses. Andrew “Andy” R. Cagnetta, Jr., is the CEO and Manager of Transworld® Business Advisors. Andy is a leader in the business brokerage industry and the South Florida business community. Since 1997, he has served as President of Transworld Business Brokers, a business brokerage in Fort Lauderdale, Florida, where he has overseen the sale of thousands of businesses. A skilled negotiator and recognized national trainer of negotiation techniques, Andy specializes in mergers and acquisitions, small business sales, and franchising.

Ken Greene transitioned from being a Professional Engineer (P.E.) to the “Engineer of Finance.” His goal is to help people become financially independent and help them earn better yields with less risk by investing Off Wall Street.

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Show Notes

  • What he does as a business broker – 2:12
  • Being a business broker for 25 years – 5:01
  • Wanting to make sure that people are successful – 8:24
  • We do not like to make mistakes – 11:14
  • Failing in a business – 13:58
  • Helping a client to buy a company – 14:41
  • People do not like change – 17:30
  • Investing in private equity groups – 19:03
  • Profit is good – 24:18
  • Finding the best company to buy – 28:10
  • An incredible time to buy a business – 29:18
  • The market method – 35:06
  • How do we know when it’s time to sell a company? – 41:08

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