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Acquiring Minds

The Power of Conviction in Buying a Business

84 min • 4 december 2023

Matt Barnes bought a $400k SDE linen laundry business, channeling his conviction at big decision points along the way. 

Topics in Matt’s interview:

  • Doing a narrow geographic search
  • Pros and cons of door-to-door proprietary outreach to sellers
  • Importance of having his wife on board
  • Getting emotionally invested in deals
  • His values-based reason for acquiring a business
  • The business sustaining fire damage before purchase
  • Buying a commercial laundry business
  • Niches within the laundry industry
  • Realities of being an owner-operator
  • How hard work builds character

References and how to contact Matt:

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