Business Buying for Financial Independence

In this solo episode, Tim breaks down what buyers should focus on immediately after first learning about buying a business. From casually reviewing listings and building savings, to positioning yourself with brokers and professionals, Tim explains why early exposure and preparation matter far more than rushing into a deal. Tim Delaney is an entrepreneur who believes everyone should explore the opportunities that business and real estate can provide on the path to financial freedom. He owns and operates a wine & liquor store, a software startup, a consulting company, and a growing portfolio of commercial and residential real estate. Tim's passion for independent business has led him to support dozens of other business owners. For over a decade, he has worked with businesses on strategy, processes, finances, and marketing. These experiences, along with analyzing dozens of other businesses for potential acquisition, have provided Tim with an immense knowledge base to pull from. Tim has appeared on multiple top-tier podcasts in the financial space, such as Bigger Pockets Money and The Freedom Chasers Podcast. [00:00 – 01:15] You've Heard About Buying a Business—Now What? Tim opens by addressing the moment most people are in when they first discover business acquisition and aren't sure what to do next. [01:16 – 03:00] Start Looking Before You're Ready Why reviewing business listings early—without pressure to buy—helps build intuition and confidence. [03:01 – 03:55] The Reality of "No Money Down" Deals Breaking down why most buyers still need some form of capital, even when creative financing is involved. [03:56 – 05:45] Building Capital Early How saving money, improving cash flow, and preparing financially gives buyers more leverage later. [05:46 – 06:45] Eliminate Before You Specialize Why narrowing down what you don't want is often more helpful than chasing the perfect business. [06:46 – 07:05] When to Be More Aggressive How buyers with capital or experience should move differently and focus their efforts. [07:06 – 08:05] Why Brokers Forget Generic Buyers Why vague buyers don't get remembered—and how specificity makes brokers think of you when deals come up. [08:06 – 08:45] Be Proactive With Brokers and Advisors Why reaching out consistently matters more than waiting for opportunities to land in your inbox. [08:46 – 09:40] Finding Opportunities Outside Listings How networking, referrals, and local connections uncover deals that never hit marketplaces. [09:41 – 10:30] Exposure Is the Real Win Early On Why learning and seeing deals is more valuable than closing one too fast. [10:31 – 11:15] You Don't Need Millions to Start Tim explains why most people underestimate how accessible business acquisition really is. [11:16 – End (~12:00)] Final Thoughts Encouragement to start now—build knowledge, relationships, and momentum before trying to buy. If you found value in today's show, make sure to subscribe so you never miss an episode packed with insights to help you buy and grow a business that creates real financial freedom. Connect with Tim and the community: Website: https://www.powerofbiz.com YouTube: https://www.youtube.com/@powerofbiz Instagram: @timtdelaney Threads: https://www.threads.com/@timtdelaney LinkedIn: linkedin.com/in/timothytdelaney Facebook: facebook.com/timtdelaney Tweetable Quotes: "You don't have to be ready to buy to start learning." – Tim Delaney "If you're too generic, you're not going to stand out." – Tim Delaney "You don't need millions." – Tim Delaney