How I Bought a $3.4M Business For $200K

Shaan Puri hosts Dan Certner, his college buddy, and Sam Parr to discuss Dan's experience buying a packaging distribution business for $3.4 million. Dan shares his journey from working in tech to becoming "Dan the Bag Man," detailing the search process, due diligence, financing through an SBA loan and seller note, and growing the business. He emphasizes the importance of in-person shadowing, and shares insights on finding unsexy businesses and fun-to-run businesses, and the value of recognizing opportunities in overlooked sectors. The conversation also touches on entrepreneurial lessons learned from a failed sushi restaurant venture and brainstorms potential business ideas.