In this episode, Tim talks with Anthony Atiase, husband, father, serial entrepreneur, and co-owner of a janitorial company in South Carolina. Anthony shares how his upbringing across Ethiopia and Ghana shaped his entrepreneurial spirit, why he and his wife pursued business ownership while keeping their day jobs, and how they bought and financed a recession-resistant cleaning company.

He also opens up about the search process, negotiating with brokers and sellers, and how creative financing (including investors and seller financing) made the acquisition possible.

Tim 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, Bigger Pockets Rookie, and The Freedom Chasers Podcast.

[00:00 – 13:00] From Ghana to South Carolina
Anthony's upbringing, watching his mom hustle as an entrepreneur, and why he turned to business ownership.

[13:01 – 26:00] Criteria & Search
How Anthony and his wife defined "recession-proof" criteria and searched for the right business on BizBuySell.

[26:01 – 41:00] Meeting the Seller & Financing the Deal
The role of trust-building with the seller, how multiples were calculated, and the creative financing mix that closed the deal.

[41:01 – End] Transition & Lessons Learned
What it felt like to take ownership, cash flow on day one, and advice for first-time buyers balancing day jobs.

Guest Bio
Anthony Atiase is a husband, father, serial entrepreneur, and co-owner of a janitorial company in York County, South Carolina. With a background in project management and a passion for building businesses, Anthony and his wife sought out a recession-resistant company they could grow while still working their day jobs. Through persistence, research, and creative financing, they acquired a cleaning business that provides steady income and long-term potential.

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Website: https://www.powerofbiz.com
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Tweetable Quotes:

• "We wanted a business that was recession-proof, local, and profitable — and we wrote that down before we even started searching." – Anthony Atiase

• "You don't need a background in the industry. You can learn as you go, as long as you bring persistence and curiosity." – Anthony Atiase

• "Seeing cash flow hit our account the day after closing was an eye-opener — this is why you buy, not build from scratch." – Anthony Atiase