🚨 GOING LIVE SUNDAY 11/8 AT 2 PM ET! Going to be focusing on blue collar business owners feeling busy but staying broke and how to finish this year off with money left over. Join me LIVE, bring your questions for the chat. I'll be answering them live throughout the call!
Buying an existing business can be an awesome way to expand what you’ve already built or invest into something completely different. But there’s a lot more to consider than just the asking price. A lot of you know I bought Rhinehart’s Saw & Lawn earlier this year, so I’ve gotten to experience this type of acquisition process firsthand. This Thursday in Dirt to Dollars we’re continuing our Building Wealth Through Ownership series talking all about buying existing businesses!
We’ll be talking about where to find opportunities, how to evaluate a potential acquisition, what questions to ask before making an offer, and how to determine whether buying another company makes sense for you. Join us live Thursday at 7PM ET! Bring your questions because we’ll have an open Q&A too! www.skool.com/dirt-to-dollars/about
At the beginning of this year, I bought a saw & lawn dealership. Somebody else had already spent 50 years building that business, establishing a customer base, and getting its name out in the community. When we took it over, we weren't starting from scratch. We had an existing business to work with, and I saw an opportunity to take what was already there and make it better.
We've spent a lot of time this year putting systems in place, hiring some great people, and figuring out how to make the operation run more efficiently. And so far this year, we've already grossed more revenue than that business had ever done in its best full year before we bought it.
Now I'm not saying that to make it sound like you can go buy any business, make a few changes, and start making a bunch of money. There's been a lot of work involved, and gross revenue doesn't tell you everything about how profitable a business is. But it does show you what's possible when you find an established business with room to grow and put the right people and systems in place. And that's what makes buying an existing business so interesting to me.
You're potentially buying something that already has customers, employees, equipment, relationships, and revenue coming in. But you've got to figure out what you're ACTUALLY buying.
Somebody can tell you their business does $2 million a year in revenue, but that doesn't mean much if they're spending $1.95 million to keep it running.
I'd want to see what the business is actually making after expenses, how consistent those earnings have been, what kind of debt is involved, and whether there are any major expenses coming up. I'd also want to understand where the customers are coming from.
Does the business have a loyal customer base? Are they depending on one or two big customers for most of their revenue? Are people doing business with the company because of its reputation, or because they've got a personal relationship with the owner? Because those things can change pretty quickly when ownership changes.
And then there's the employees. One thing we've really focused on at our dealership is getting good people in the right positions. You can have a great business with plenty of customers, but if you don't have the people and systems to handle the work, you're going to have a hard time growing it.
And that's something I'd be paying close attention to before buying any company. How much does the current owner actually do? Are they the one answering every phone call, handling customers, managing employees, and making all the decisions?
Because if they are, you've got to figure out who's going to take over those responsibilities when they're gone. Otherwise, you might have just spent a bunch of money to buy yourself another full-time job.
I'd also want to know why they're selling in the first place. Maybe they're retiring. Maybe they're moving on to another opportunity. Maybe they've taken the company as far as they want to, or they're ready to do something completely different. There are plenty of legitimate reasons to sell a good business.
But there are also businesses for sale because they're struggling, losing customers, or dealing with problems that aren't obvious until you start digging into the numbers. You've got to do your homework.
And something else I've learned is that buying the business is really just the beginning. What you do AFTER you take ownership matters just as much.
With Rhinehart's Saw and Lawn, we've been able to come in, make changes, build out systems, and bring in people who are helping us take the business further. But that takes time, money, and attention.
You need to have a plan for how the company is going to operate, who's going to manage it, and what needs to improve. And you need to know whether the business can afford those changes while still making financial sense as an investment.
There's a lot to learn about recognizing opportunities, understanding what a business is worth, and figuring out how to improve an operation that's already established.
We've been talking a lot inside Dirt to Dollars about taking the money you make through your business and putting it into other assets that can build wealth over time. Buying an existing business is another way to do that so that's exactly what this weeks topic is.
We're going to get into what to look for when considering an acquisition, how to evaluate the financials, what questions to ask before buying, and some of the things I've learned firsthand from purchasing and growing Rhinehart's Saw & Lawn.
And like always, we'll have our open Q&A, so bring whatever questions you've got about your business, investing, or anything else you're working through. Join us live Thursday at 7PM ET! ➡️ www.skool.com/dirt-to-dollars/about
🚨 I’M GIVING AWAY MY AUDI R8 + $25,000 CASH!! 🚨 We’re officially kicking off the BIGGEST giveaway we’ve ever done, partnering with our friends over at ‪@Jobber‬! One lucky winner is taking home:
🏎️ My 2015 Audi R8 💰 $25,000 CASH 🛠️ A Dirt to Dollars coaching membership 💻 A Jobber software plan
Whether you’re already running a trades business, thinking about starting one, or you don’t have a business and just want a shot at owning an R8, this is for anyone!
Open to legal residents of the 48 contiguous U.S. states and DC, ages 18+ (19+ in AL/NE; 21+ in MS). Ends 1/31/27 at 11:59 PM ET. Void where prohibited. Official Rules: swpp.me/r/johnseaman
Not sponsored, endorsed, administered by, or associated with YouTube,
Everybody talks about buying rental properties, but there are plenty of other ways to collect rent without owning a bunch of houses. 👀 And if you’re a trades business owner, you've probably got more experience with some of these opportunities than you realize.
Think about developing a piece of land into storage units or spaces for boats, RVs, and trailers. Or renting out equipment that's sitting in your yard when you're not using it. Both could create another stream of income without you having to go out and perform another job yourself everyday.
Of course, you've still got to run the numbers. Just because something brings in rental income doesn't mean it's profitable, and the last thing you want is to invest your money into something that turns into another full-time job.
We've spent the last few weeks inside Dirt to Dollars talking about building wealth through ownership, and this week we're continuing that conversation with talking specifically on storage units & equipment rentals. We'll get into what it takes to make these investments work, the costs to consider, and how to start building income outside of your everyday business. Join us live Thursday at 7PM ET and bring your questions! ➡️ www.skool.com/dirt-to-dollars/about
🚨 JOIN DIRT TO DOLLARS & GET A FREE 1:1 WITH ME 🚨
If you’ve been thinking about joining Dirt to Dollars, now’s the time. I’m giving the next 10 people who join our Operator or Roundtable program a FREE 1:1 coaching session with me. 👊 We’ll talk through what’s going on in your business, what’s holding you back, and put together a plan to help you move forward. Whether you’re struggling with pricing, cash flow, employees, finding work, or building systems, we’ll focus on what matters most to you. If this post is still up, there's still spots left for the offer!! Ready to get started? Join here: www.skool.com/dirt-to-dollars/about
You can own something that brings in money every month without having to go out and sell another job. 👀 For blue collar business owners, that could look something like developing your own storage facility collecting monthly rent or even investing in equipment that other contractors and homeowners pay to use. Both have the potential to create additional income streams without you having to personally do the work every time money comes in. Of course, there are upfront costs, ongoing expenses, and management to consider! This week inside Dirt to Dollars, we're continuing our Building Wealth Through Ownership series talking about storage units & equipment rentals. We'll be talking about how these investments work, what it takes to get started, and how to evaluate their potential for long-term income. Join us live Thursday at 7PM ET and bring your questions! 👊 ➡️ www.skool.com/dirt-to-dollars/about
I love running my dirt business, but I also like the idea of having money coming in that doesn't depend on us getting another job on the schedule. And there are some pretty interesting ways to do that in the blue collar world. Take equipment rentals for example.
Say you buy a mini excavator specifically to rent out. Instead of needing to go find a dirt job and put one of your guys in that machine to make money, you're renting it to somebody else who needs it for a few days. You still own the machine, and you're getting paid for somebody else to use it. Now multiply that by a few pieces of equipment, and you can start to see how somebody could build a separate income stream just doing that.
Now think about storage units. You buy a piece of property, develop it into a storage facility, and rent out the individual units. Instead of getting paid once for doing a job, you've got customers paying you every month to use space that you own.
And neither one of these investments is automatically passive. Somebody still has to manage rentals, maintain the property or equipment, and deal with customers. But that's where having the right systems and people in place comes into play.
I'm not interested in taking money out of one business just to create another business that requires me to be there every day. I'd rather build something that can eventually operate with management in place and continue bringing in money without needing my constant attention. You you've got to think about:
How much money would it take to get started? What could the monthly income look like? What expenses would come out of that? How much of your time would it require? And could you eventually have somebody else handle the day-to-day operations? Those are the questions I'd be asking before jumping into either one.
We've spent the past few weeks inside Dirt to Dollars talking about building wealth through real estate and other investments, and this is really just another way of looking at it. You don't necessarily have to go buy a bunch of rental houses to start building income outside of your business.
This Thursday we're continuing our Building Wealth Through Ownership series talking about storage units & equipment rentals, what it takes to make either one profitable and how to set things up so they don't become another full-time job. And like always, we'll have an open Q&A, so bring whatever questions you've got about anything even unrelated! Join us live Thursday at 7PM ET! ➡️ www.skool.com/dirt-to-dollars/about
You guys I'm going LIVE on here at 2pm est THIS Sunday (10/25) to talk lead generation and how to stay profitable and taking questions too!! Free live and I haven't gone live on YouTube in years so you all show out for this and I might do more! đź‘€
NEW VIDEO OUT TODAY 🚨 Total property cleanup and taking out a few trees while also bouncing to some other little jobs and checking out new upgrades at the saw shop! Equip Expo will be in next week's video but included a teaser for that in here too!!
John Seaman
🚨 GOING LIVE SUNDAY 11/8 AT 2 PM ET! Going to be focusing on blue collar business owners feeling busy but staying broke and how to finish this year off with money left over. Join me LIVE, bring your questions for the chat. I'll be answering them live throughout the call!
1 day ago | [YT] | 0
View 0 replies
John Seaman
Buying an existing business can be an awesome way to expand what you’ve already built or invest into something completely different. But there’s a lot more to consider than just the asking price. A lot of you know I bought Rhinehart’s Saw & Lawn earlier this year, so I’ve gotten to experience this type of acquisition process firsthand. This Thursday in Dirt to Dollars we’re continuing our Building Wealth Through Ownership series talking all about buying existing businesses!
We’ll be talking about where to find opportunities, how to evaluate a potential acquisition, what questions to ask before making an offer, and how to determine whether buying another company makes sense for you. Join us live Thursday at 7PM ET! Bring your questions because we’ll have an open Q&A too! www.skool.com/dirt-to-dollars/about
4 days ago | [YT] | 70
View 1 reply
John Seaman
At the beginning of this year, I bought a saw & lawn dealership. Somebody else had already spent 50 years building that business, establishing a customer base, and getting its name out in the community. When we took it over, we weren't starting from scratch. We had an existing business to work with, and I saw an opportunity to take what was already there and make it better.
We've spent a lot of time this year putting systems in place, hiring some great people, and figuring out how to make the operation run more efficiently. And so far this year, we've already grossed more revenue than that business had ever done in its best full year before we bought it.
Now I'm not saying that to make it sound like you can go buy any business, make a few changes, and start making a bunch of money. There's been a lot of work involved, and gross revenue doesn't tell you everything about how profitable a business is. But it does show you what's possible when you find an established business with room to grow and put the right people and systems in place. And that's what makes buying an existing business so interesting to me.
You're potentially buying something that already has customers, employees, equipment, relationships, and revenue coming in. But you've got to figure out what you're ACTUALLY buying.
Somebody can tell you their business does $2 million a year in revenue, but that doesn't mean much if they're spending $1.95 million to keep it running.
I'd want to see what the business is actually making after expenses, how consistent those earnings have been, what kind of debt is involved, and whether there are any major expenses coming up. I'd also want to understand where the customers are coming from.
Does the business have a loyal customer base? Are they depending on one or two big customers for most of their revenue? Are people doing business with the company because of its reputation, or because they've got a personal relationship with the owner? Because those things can change pretty quickly when ownership changes.
And then there's the employees. One thing we've really focused on at our dealership is getting good people in the right positions. You can have a great business with plenty of customers, but if you don't have the people and systems to handle the work, you're going to have a hard time growing it.
And that's something I'd be paying close attention to before buying any company. How much does the current owner actually do? Are they the one answering every phone call, handling customers, managing employees, and making all the decisions?
Because if they are, you've got to figure out who's going to take over those responsibilities when they're gone. Otherwise, you might have just spent a bunch of money to buy yourself another full-time job.
I'd also want to know why they're selling in the first place. Maybe they're retiring. Maybe they're moving on to another opportunity. Maybe they've taken the company as far as they want to, or they're ready to do something completely different. There are plenty of legitimate reasons to sell a good business.
But there are also businesses for sale because they're struggling, losing customers, or dealing with problems that aren't obvious until you start digging into the numbers. You've got to do your homework.
And something else I've learned is that buying the business is really just the beginning. What you do AFTER you take ownership matters just as much.
With Rhinehart's Saw and Lawn, we've been able to come in, make changes, build out systems, and bring in people who are helping us take the business further. But that takes time, money, and attention.
You need to have a plan for how the company is going to operate, who's going to manage it, and what needs to improve. And you need to know whether the business can afford those changes while still making financial sense as an investment.
There's a lot to learn about recognizing opportunities, understanding what a business is worth, and figuring out how to improve an operation that's already established.
We've been talking a lot inside Dirt to Dollars about taking the money you make through your business and putting it into other assets that can build wealth over time. Buying an existing business is another way to do that so that's exactly what this weeks topic is.
We're going to get into what to look for when considering an acquisition, how to evaluate the financials, what questions to ask before buying, and some of the things I've learned firsthand from purchasing and growing Rhinehart's Saw & Lawn.
And like always, we'll have our open Q&A, so bring whatever questions you've got about your business, investing, or anything else you're working through. Join us live Thursday at 7PM ET! ➡️ www.skool.com/dirt-to-dollars/about
5 days ago | [YT] | 56
View 1 reply
John Seaman
🚨 I’M GIVING AWAY MY AUDI R8 + $25,000 CASH!! 🚨 We’re officially kicking off the BIGGEST giveaway we’ve ever done, partnering with our friends over at ‪@Jobber‬! One lucky winner is taking home:
🏎️ My 2015 Audi R8
đź’° $25,000 CASH
🛠️ A Dirt to Dollars coaching membership
đź’» A Jobber software plan
Whether you’re already running a trades business, thinking about starting one, or you don’t have a business and just want a shot at owning an R8, this is for anyone!
Somebody’s gotta win it!! ENTER HERE: www.dirttodollarscoaching.com/giveaway
Open to legal residents of the 48 contiguous U.S. states and DC, ages 18+ (19+ in AL/NE; 21+ in MS). Ends 1/31/27 at 11:59 PM ET. Void where prohibited. Official Rules: swpp.me/r/johnseaman
Not sponsored, endorsed, administered by, or associated with YouTube,
6 days ago (edited) | [YT] | 82
View 6 replies
John Seaman
Everybody talks about buying rental properties, but there are plenty of other ways to collect rent without owning a bunch of houses. 👀 And if you’re a trades business owner, you've probably got more experience with some of these opportunities than you realize.
Think about developing a piece of land into storage units or spaces for boats, RVs, and trailers. Or renting out equipment that's sitting in your yard when you're not using it.
Both could create another stream of income without you having to go out and perform another job yourself everyday.
Of course, you've still got to run the numbers. Just because something brings in rental income doesn't mean it's profitable, and the last thing you want is to invest your money into something that turns into another full-time job.
We've spent the last few weeks inside Dirt to Dollars talking about building wealth through ownership, and this week we're continuing that conversation with talking specifically on storage units & equipment rentals. We'll get into what it takes to make these investments work, the costs to consider, and how to start building income outside of your everyday business. Join us live Thursday at 7PM ET and bring your questions! ➡️ www.skool.com/dirt-to-dollars/about
1 week ago | [YT] | 76
View 4 replies
John Seaman
🚨 JOIN DIRT TO DOLLARS & GET A FREE 1:1 WITH ME 🚨
If you’ve been thinking about joining Dirt to Dollars, now’s the time. I’m giving the next 10 people who join our Operator or Roundtable program a FREE 1:1 coaching session with me. 👊 We’ll talk through what’s going on in your business, what’s holding you back, and put together a plan to help you move forward. Whether you’re struggling with pricing, cash flow, employees, finding work, or building systems, we’ll focus on what matters most to you. If this post is still up, there's still spots left for the offer!! Ready to get started? Join here: www.skool.com/dirt-to-dollars/about
1 week ago (edited) | [YT] | 13
View 1 reply
John Seaman
You can own something that brings in money every month without having to go out and sell another job. đź‘€ For blue collar business owners, that could look something like developing your own storage facility collecting monthly rent or even investing in equipment that other contractors and homeowners pay to use.
Both have the potential to create additional income streams without you having to personally do the work every time money comes in. Of course, there are upfront costs, ongoing expenses, and management to consider!
This week inside Dirt to Dollars, we're continuing our Building Wealth Through Ownership series talking about storage units & equipment rentals. We'll be talking about how these investments work, what it takes to get started, and how to evaluate their potential for long-term income. Join us live Thursday at 7PM ET and bring your questions! 👊 ➡️ www.skool.com/dirt-to-dollars/about
1 week ago | [YT] | 28
View 0 replies
John Seaman
I love running my dirt business, but I also like the idea of having money coming in that doesn't depend on us getting another job on the schedule. And there are some pretty interesting ways to do that in the blue collar world. Take equipment rentals for example.
Say you buy a mini excavator specifically to rent out. Instead of needing to go find a dirt job and put one of your guys in that machine to make money, you're renting it to somebody else who needs it for a few days. You still own the machine, and you're getting paid for somebody else to use it. Now multiply that by a few pieces of equipment, and you can start to see how somebody could build a separate income stream just doing that.
Now think about storage units. You buy a piece of property, develop it into a storage facility, and rent out the individual units. Instead of getting paid once for doing a job, you've got customers paying you every month to use space that you own.
And neither one of these investments is automatically passive. Somebody still has to manage rentals, maintain the property or equipment, and deal with customers. But that's where having the right systems and people in place comes into play.
I'm not interested in taking money out of one business just to create another business that requires me to be there every day. I'd rather build something that can eventually operate with management in place and continue bringing in money without needing my constant attention. You you've got to think about:
How much money would it take to get started? What could the monthly income look like? What expenses would come out of that? How much of your time would it require? And could you eventually have somebody else handle the day-to-day operations? Those are the questions I'd be asking before jumping into either one.
We've spent the past few weeks inside Dirt to Dollars talking about building wealth through real estate and other investments, and this is really just another way of looking at it. You don't necessarily have to go buy a bunch of rental houses to start building income outside of your business.
This Thursday we're continuing our Building Wealth Through Ownership series talking about storage units & equipment rentals, what it takes to make either one profitable and how to set things up so they don't become another full-time job. And like always, we'll have an open Q&A, so bring whatever questions you've got about anything even unrelated! Join us live Thursday at 7PM ET! ➡️ www.skool.com/dirt-to-dollars/about
1 week ago | [YT] | 24
View 2 replies
John Seaman
You guys I'm going LIVE on here at 2pm est THIS Sunday (10/25) to talk lead generation and how to stay profitable and taking questions too!! Free live and I haven't gone live on YouTube in years so you all show out for this and I might do more! đź‘€
2 weeks ago | [YT] | 22
View 0 replies
John Seaman
NEW VIDEO OUT TODAY 🚨 Total property cleanup and taking out a few trees while also bouncing to some other little jobs and checking out new upgrades at the saw shop! Equip Expo will be in next week's video but included a teaser for that in here too!!
2 weeks ago | [YT] | 41
View 0 replies
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