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Index/Finance/Acquiring Minds
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$20m Net Worth After 25 Years Buying Businesses

Acquiring Minds · 2026-02-09 · 1h 37m

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Topics in this episode

online businesssmbacquireacquisition

Episode notes

He started by buying a small flooring business in 2000. Today Paul Lajoie takes home $1m a year and works how he wants. Register for the webinar: Why Deal Flow Isn’t Your Biggest Problem - TOMORROW! - 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 community References and how to contact Paul: LinkedIn paul@bizbuypro.com Kiplinger Today Newsletter Confessions of a Millionaire Gobundance Learn more about Walker Deibel's done-with-you buy-side advisory: The Acquisition Lab Get complimentary due diligence on your acquisition's insurance & benefits program: Oberle Risk Strategies - Search Fund Team Download the New CEO’s Guide to Human Resources from Aspen HR: From this page or contact jenny@aspenhr.com

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