5 • 683 Ratings
🗓️ 22 April 2025
⏱️ 37 minutes
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0:00.0 | What's up, Action Academy family? |
0:02.2 | Welcome back to the Action Academy podcast, Corporate America's least favorite podcast, where we help you buy big old commercial real estate deals and small businesses. |
0:11.3 | Today's episode with Mr. Chandler Reid is an awesome one. |
0:15.0 | We are going deep into the trenches, ladies and gentlemen, because Chandler actually bought his first business from a |
0:21.8 | tweet. Yes, you heard it right, a tweet. He replied to it. He ended up buying it, and it was an |
0:28.8 | absolute mess. So today's podcast episode is the year-long turnaround process that he utilized to go |
0:36.0 | from buying this business to stabilizing it to now |
0:39.4 | finally growing it and having it on its feet a few years later you're going to learn how to hire |
0:44.5 | how to manage how to delegate in ways that he protected his downside to stay in the game as he |
0:50.2 | went about scaling the business guys if you are interested in small business acquisition |
0:54.0 | that is what we do over the action academy community you can check us out as he went about scaling the business. Guys, if you are interested in small business acquisition, |
0:57.2 | that is what we do over the Action Academy community. |
1:00.4 | You can check us out in the show description and the show notes, |
1:03.6 | as well as Actionacademy.com. |
1:06.1 | Guys, let's get to the show, add some value. If you enjoy it, please help us share it with other people |
1:09.1 | that are trying to buy a small business. |
1:11.3 | Let's get to it. Mr. Chandler-Reed. You purchased a small business from a freaking tweet? |
1:20.7 | What happens here, man? That is correct. Brian, first and foremost, thanks for having me. |
1:25.7 | I'm excited to be on the podcast, speak to your audience and hopefully help point them in the right direction and really take back their career in life into their own hands and just really get after it. It's an exciting space, a lot of exciting stuff going on, and I'm happy to be a small part of it. But yeah, getting back to your question, I bought a business off a tweet. That is correct. I guess now at the time it was a tweet. Now it's an ex post or an X, whatever you want to call it. So I had no idea what self-funded searching was, what business acquisition, ETA was. I thought the only people that were buying businesses were private equity firms, Fortune 500. I didn't realize a regular everyday person could search or, in my case, find a tweet about buying a business. |
2:06.8 | So yeah, I guess to catch everyone up to speed, I'm sitting at my day job. I was working on the finance team for a really prominent commercial real estate developer here in Tampa, Florida. |
2:16.2 | We worked on the Water Street Tampa project, which was quote unquote my dream job. I saw the writing on the wall of, |
2:21.3 | wow, this is a long way to climb up the corporate ladder before I get started getting any |
... |
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