Should we buy this skiing technology company? - Acquisitions Anonymous Episode 134

Want to receive this listing in your inbox? Signup for our weekly newsletter:https://www.getrevue.co/profile/acquanon-----Michael Girdley (@Girdley) and Mills Snell (@thegeneralmills), discuss a Fitness Equipment Manufacturer. We’ll find out what this business does and offers to people.Moreover, we’ll be clarifying why we hate most of the deals we are talking about and how come we really need to hate every single one.Also, we will get to understand the importance of educating your kids in business.-----Thanks to our sponsor!Live Oak Bank - Whether you’re looking to build, buy or expand your business, let the team at Live Oak Bank be your financial guide. With Live Oak, you get a partner who believes in your success and is willing to take the journey alongside you. We provide small business loans tailored to your goals.Fuel the growth of small businesses across the country; bank with Live Oak Bank.You can contact Heather Endresen, Director & Founder at [email protected]. Mention this podcast in the subject line and ask her about office hours to get in touch.*Live Oak Bank is the #1 SBA 7(A) Lender. The data supplied by the SBA reflects 7(a) highest dollar volume during FY 2021.-----Show Notes:(00:00) - Introduction(00:32) - Our Sponsor is Live Oak Bank(01:39) - Deal & financials: Fitness Equipment Manufacturer (06:50) - How does this company work? What are they selling?(10:26) - How does this relate to Girdley’s experience as a young swimmer? (12:34) - What is the TAM? How much potential does this business have? What’s the moat here?(15:43) - Why are we supposed to hate every deal?(17:00) - How should you think about the competition on the supply side?(20:30) - Is this relocatable? Who’d be a great fit to buy this?(22:00) - What is the bullshit KPIs theory?(24:54) - What is this business’s role in the world?(25:27) - What is the importance of educating your kids in business? -----Additional episodes you might enjoy:#133 - How to value and underwrite commercial Real Estate? With special Guest Chris Powers#132 - Let's get rich pumping poop!#131 - People are getting rich with Med Spas. Will we?#130 - Should we buy this Vegas Wedding Chapel Chain?Subscribe to  weekly our Newsletter and get curated deals in your inboxAdvertise with us by clicking hereDo you love Acquanon and want to see our smiling faces? Subscribe to our Youtube channel.Do you enjoy our content? Rate our show!Follow us on Twitter @acquanon Learnings about small business acquisitions and operations.For inquiries or suggestions, email us at [email protected]