Australian Business Podcast is Australia's top business podcast for growing and scaling your business from idea to a 7-figure exit.
Hosted by Owen Rask, founder of Rask, the Australian Business Podcast will teach you how to grow, manage and scale your business to more profit and better outcomes.
Owen will help you grow your business faster, take advantage of industry change and opportunities, and identify strategies to make you more profitable.
Take Owen's free business 101 course on Rask by following this link: https://bit.ly/3B9Xekp
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Australian Business Podcast is Australia's top business podcast for growing and scaling your business from idea to a 7-figure exit.
Hosted by Owen Rask, founder of Rask, the Australian Business Podcast will teach you how to grow, manage and scale your business to more profit and better outcomes.
Owen will help you grow your business faster, take advantage of industry change and opportunities, and identify strategies to make you more profitable.
Take Owen's free business 101 course on Rask by following this link: https://bit.ly/3B9Xekp
Resources:
Australian Business Podcast - all episodes
Ask a question
Disclaimer: This podcast contains general financial, tax and legal information only. Always consult a licensed professional before acting on the information.
Micro cap private companies: it’s f#%king hard (ft. Leigh Gant)
Australian Business Podcast
1 hour
2 months ago
Micro cap private companies: it’s f#%king hard (ft. Leigh Gant)
This episode was originally featured on The Australian Investors Podcast.
In this Australian Business Podcast episode, your hosts Owen Rask and Leigh Gant discuss:
– How Leigh transitioned from fitness businesses to investing in private companies
– What makes a business worth buying and what can go wrong
– How Australians can get started in private market investing
– Lessons learned from his first 12 months as a business buyer
Join the conversation about private companies: https://community.rask.com.au/c/investing/buying-private-companies-is-f-ing-hard
If you love learning about private equity and small business investing, subscribe to the Australian Business Podcast on Apple, Spotify, or YouTube!
Follow us on Instagram and TikTok for more investing insights.
Topics Covered
– Leigh’s journey from gym owner to investor
– Buying a private business vs. starting from scratch
– Key lessons learned from operating a business post-acquisition
– What no one tells you about vendor financing, due diligence, and being “on the tools”
Resources for This Episode
– Leigh's LinkedIn
Chapters (approximate)
(00:00) Introduction
(01:38) Getting to Know Leigh
(09:02) Leigh's Inspiration to Choose Private Markets
(13:24) Where to Start
(16:11) Range of Capital Needed to Plan The Space
(19:52) Is $100k Enough to Start?
(21:44) What Leigh Was Doing in Due Diligence Phase
(25:09) Small & Medium Business Stats
(29:08) Next Step (IM)
(31:00) Documents Leigh Looked At
(32:57) Tax Structures
(33:57) Loans
(39:27) Valuations
(42:31) How Did The Business Go?
(51:56) More Resources
~~ Rask Resources ~~
🔗 Explore all Rask services – https://bit.ly/R-services
📋 Get Financial Planning – https://bit.ly/R-plan
📈 Start investing with Rask – https://bit.ly/R-invest
📜 Access Show Notes – https://bit.ly/R-notes
❓ Ask a question – just select the Business Podcast – https://bit.ly/R-quest
📲 Follow us on social media:
– Instagram: @rask.invest
– TikTok: @rask.invest
DISCLAIMER
This podcast contains general financial information only. That means the information does not take into account your objectives, financial situation, or needs. You should consider if the information is appropriate for your situation before acting on it.
If you’re unsure, consult a licensed financial planner. The Rask Group is NOT a qualified tax accountant, financial adviser, or tax professional. You can access The Rask Group’s Financial Services Guide (FSG) here: https://www.rask.com.au/fsg
#Investing #PrivateEquity
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Australian Business Podcast
Australian Business Podcast is Australia's top business podcast for growing and scaling your business from idea to a 7-figure exit.
Hosted by Owen Rask, founder of Rask, the Australian Business Podcast will teach you how to grow, manage and scale your business to more profit and better outcomes.
Owen will help you grow your business faster, take advantage of industry change and opportunities, and identify strategies to make you more profitable.
Take Owen's free business 101 course on Rask by following this link: https://bit.ly/3B9Xekp
Resources:
Australian Business Podcast - all episodes
Ask a question
Disclaimer: This podcast contains general financial, tax and legal information only. Always consult a licensed professional before acting on the information.
