Jonathan “JB” Brown Profile Banner
Jonathan “JB” Brown Profile
Jonathan “JB” Brown

@RealJBBrown

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Advisor - M&A Expert - Investor -Dealmaker

Atlanta
Joined December 2010
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@RealJBBrown
Jonathan “JB” Brown
7 months
“Where do you find deals or clients?” This is a common question I’m asked and folks often overcomplicate it and get overwhelmed. Truth is, I rarely ever run ads, and have plenty of dealflow. How? I speak, and network a lot. I try to overdeliver value and let the right folks and
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@RealJBBrown
Jonathan “JB” Brown
6 months
One of the most powerful ways to multiply wealth for entrepreneurs is the rollup strategy. Most common is to acquire multiple businesses in the same industry and benefiting from the increased enterprise value and eventual exit multiple this strategy creates. There is a massive
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@RealJBBrown
Jonathan “JB” Brown
5 months
I sometimes struggle to articulate that while making a great income is wonderful, that isn’t why I chose business as my career and it isn’t what drives me to the relentless type of transformational work I do. I do it to make lives better, strengthen familes, help leaders become
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@RealJBBrown
Jonathan “JB” Brown
6 months
The surprising and most under-discussed challenge for entrepreneurs who just exited their businesses? Entrepreneurial Depression. It’s real, and can be jarring if you are surprised by it. You spend months, or years building a business and your identity can get tied up in
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@RealJBBrown
Jonathan “JB” Brown
6 months
It isn’t all work and no play in the world of #Deals . Just arrived to @bsbatthebeach with wifey. This will be fun.
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@RealJBBrown
Jonathan “JB” Brown
6 months
I rarely miss a game or event that my kids’ participate in. That’s high on my personal non-negotiables list. I do not compromise on that list for any amount of $. How well defined is your own non-negotiables list? #entrepreneur #Worklifebalance #Dadlife #scale #Mentalhealth
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Jonathan “JB” Brown
6 months
The Greatest Wealth Transfer opportunity in American history has begun. Baby Boomers own approximately half of the nation’s $156 trillion in assets despite comprising only 21% of the U.S. population. Much of that wealth is stored in small businesses. Those businesses need new
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@RealJBBrown
Jonathan “JB” Brown
6 months
Getting complex deals, with multiple stakeholders and agendas over the finish line requires many factors but none more important than your own mindset. When I reach a seemingly deal-killing obstacle I use a simple reframe: “Maybe this deal can’t get done BUT IF IT COULD, HOW
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@RealJBBrown
Jonathan “JB” Brown
6 months
There is no surer way to build real wealth than acquiring small businesses. I don’t have a single client with a net worth less than 7 figures, most are 8. ALL of them acquired/built that wealth in SMB. Acquire> Scale> exit or keep for cashflow/debt leverage > rinse and repeat.
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@RealJBBrown
Jonathan “JB” Brown
6 months
A dirty secret around successful business exits…the outliers that get FAT multiples, is that the transaction itself is actually the second exit to take place. The FIRST exit is invisible publicly, and is always the owner escaping from what I call “Keyman’s Prison”. They removed
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@RealJBBrown
Jonathan “JB” Brown
6 months
What am I, and other business buyers looking for when we vet a deal? While it varies by the person/industry you can assume we want to see the following: -Clear financial picture (know your numbers) -Proven model/operations over time (risk) -Not overly tied to a single product
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@RealJBBrown
Jonathan “JB” Brown
7 months
Scaling for an eventual exit isn't just about boosting your numbers, or documenting SOP’s…It's about creating a GREAT story, and instilling confidence that your successor will succeed and making them excited to continue what you started. What story is your business telling?
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@RealJBBrown
Jonathan “JB” Brown
6 months
Alex is spot on here…escaping from “Keyman’s Prison” as I call it, is the primary differentiator I see daily between average business owners with modest success and great ones who seem to PRINT money. It’s not about lazy vs not lazy…it’s about leveraging your unique skillset by
@AlexHormozi
Alex Hormozi
7 months
There comes a time in every business owners life where he switches from how much money can I make to how little can I do to make it? I’ve often found I can accomplish both by asking the second question first. Then, scaling zero time in.
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@RealJBBrown
Jonathan “JB” Brown
6 months
Even though #Deals is what many think I do… What I ACTUALLY do is meet people where they are, then help them understand and get what they TRULY want. More often than not, I’m more counselor/listener than advisor. A client call today reminded me that our adherence to standards
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@RealJBBrown
Jonathan “JB” Brown
6 months
Every industry has a standard exit multiple range. You can’t control that. You absolutely CAN control WHERE you fall in the range. IT & Digital for example there is a huge difference in a $5M EBITDA company exiting for 6X ($30M), and 14X ($70M) don’t leave $40M on the table
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@RealJBBrown
Jonathan “JB” Brown
6 months
So what’s the driving factor in maximizing exit multiple? Being able to present a clear, logical, compelling story of the business. Growth, value proposition, operations, strategy all have to make logical sense and give a buyer CONFIDENCE that they are getting value. #exits
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@RealJBBrown
Jonathan “JB” Brown
6 months
There is a 100% chance in business that you will need to collaborate with stakeholders you don’t like personally. Great article by Harvard Business Review on how to handle that, but my own experience is to try and seek to understand, not necessarily agree.
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@RealJBBrown
Jonathan “JB” Brown
6 months
I’ve so enjoyed watching Caitlin Clark’s college career. She truly has transcended sports in a way that few athletes do. She also is beginning to solve the real issue in the “women don’t get paid fairly as athletes compared to men” debate. The real issue, like any business, is %
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@RealJBBrown
Jonathan “JB” Brown
1 year
@Comftablynum @Patriots You realize Bill is also the GM and literally picks the players right?
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@RealJBBrown
Jonathan “JB” Brown
5 months
@fredsteubing @Delta @KLM Oh man. Father to father I’m so sorry.
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@RealJBBrown
Jonathan “JB” Brown
11 years
I believe relentless candor delivered with grace is the cure for what ails most businesses today. Mid-level, and even senior managers are b…
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@RealJBBrown
Jonathan “JB” Brown
5 months
Sneaky important nuance when submitting Letters of Intent to acquire a business that I take for granted (Dunning Kruger bias): ALWAYS have a deadline to accept the LOI on the document to the seller. Why? You will likely be submitting multiple LOI’s at any time, and may not be
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@RealJBBrown
Jonathan “JB” Brown
5 months
Always insightful to refresh my negotiation skills with @fbinegotiator Chris Voss.
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@RealJBBrown
Jonathan “JB” Brown
7 years
Any eComm folks interested in sourcing from China? Join me in March of 2018 for the Yiwu Market! Personal assistant provided. Small group.
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@RealJBBrown
Jonathan “JB” Brown
5 months
@cmc_tony @EddieRoyalWR Lol. It’s minicamp and they were told to go quarter speed. I’ll take our guy (after sitting a while) over anyone in the AFCE
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@RealJBBrown
Jonathan “JB” Brown
9 years
If the answer is no, we should talk.
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@RealJBBrown
Jonathan “JB” Brown
8 years
Recap of my Gwinnett Leadership Forum breakfast. Thanks Peter Lovelace from @AtlantaAthClub for the thoughts on the importance of culture!
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@RealJBBrown
Jonathan “JB” Brown
5 months
@BoilerPlateCPA Cash Flow. Love looking at what different strategies folks use to create value!
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@RealJBBrown
Jonathan “JB” Brown
3 years
Hey @CocaCola …your new Coke Zero is nasty. Stop fixing things that are not broken. It is undrinkable so bow I have to find a new go-to. Boo.
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@RealJBBrown
Jonathan “JB” Brown
6 years
Strong, self-confident people unintentionally act as a mirror to others. What you see and how you react to them depends upon what is going on with YOU. #garyvee #leadership #betheman #garrettwhite #ecommerce #BeBetter
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@RealJBBrown
Jonathan “JB” Brown
6 years
@ToneVays @jimmysong Yesssss!!! Those of us who sell info should NEVER back down to thier who want everything for free.
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@RealJBBrown
Jonathan “JB” Brown
4 months
@AmandaMilius I think a nice shamrock pattern would look great on you. Go Green!
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@RealJBBrown
Jonathan “JB” Brown
3 years
@espn So…we couldn’t find a dude who DIDN’T lay hands on a woman to deliver this message? SMH
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@RealJBBrown
Jonathan “JB” Brown
11 years
Sharing constructive feedback with others when there is a performance issue is hard, but ongoing performance issues are worse. #Leadthem
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@RealJBBrown
Jonathan “JB” Brown
8 years
Some of my greatest leadership lessons are learned coaching my son's T-ball team. #leadership
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@RealJBBrown
Jonathan “JB” Brown
4 months
# 1 Reason Businesses don’t sell: The owner doesn’t know their numbers, and are surprised to learn the real financial condition of their business. For every 10 preliminary conversions I have with an owner looking to exit, 8 are off on net profit by at least 50%. Often, we
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@RealJBBrown
Jonathan “JB” Brown
6 years
Jake Fromm...no thanks
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@RealJBBrown
Jonathan “JB” Brown
4 years
@mac___78 Fields will always be the awful Kirby decision. Right now...I don't know that GA has a QB at all.
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@RealJBBrown
Jonathan “JB” Brown
8 years
If your children don't learn to laugh from you, whom will they learn it from? Life is tough...teach them to have fun!
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@RealJBBrown
Jonathan “JB” Brown
7 years
Where you at @SethWickersham ? Any chance you can write another hit piece before the SB? We sure could use the boost.
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@RealJBBrown
Jonathan “JB” Brown
6 years
@garyvee It's hell getting old. The heart is willing, but the body is a traitor
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@RealJBBrown
Jonathan “JB” Brown
3 months
@ybfollard Awesome story man. Thanks so much for sharing it. Following to see if a GFM or cashapp becomes available to help the kid out.
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@RealJBBrown
Jonathan “JB” Brown
4 years
@cbs46 stop cutting out of the GA game!!!!!!!!!
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@RealJBBrown
Jonathan “JB” Brown
6 years
#ecommerce hustlers and any other #sidehustle peeps! What is your "why"?
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@RealJBBrown
Jonathan “JB” Brown
2 years
@maximusvolumous @VOLNUGS I’m so confused. Literally no one afraid of the Vols. Especially without Hooker. GA wpuld have beat TN by 40 if it didn’t start raining. Heck…I’m more concerned with South Carolina next year.
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@RealJBBrown
Jonathan “JB” Brown
6 months
@AlexHormozi With you on 1-12. Working on #13 . I’d add, as a parent, I don’t worry about my kids having whatever they need.
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@RealJBBrown
Jonathan “JB” Brown
4 months
@LPinFinance With the numbers you presented unique to your market, seems like no-brainer math to do exactly what you did. I’m struck by how you got that rent, for that house. Unique circumstances? Can’t imagine being the owner of that home and renting it at what appears to be below market.
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@RealJBBrown
Jonathan “JB” Brown
4 months
This is a great example of the public (and our elected officials) failing to understand root cause of a legitimate problem, and burying the lead on the actual solution. Tax revenue isn’t down because of tax cheats or the rich not paying. Tax revenue is down because a government
@MikeSyl36625988
Mike Sylvester, CPA
4 months
Mind numbing call with an IRS agent today. I want the IRS to get funding. I know their jobs are difficult. I support the IRS. That being said, something must change at the IRS. I called on an intent to levy notice where the IRS has ignored four packages we have sent them
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@RealJBBrown
Jonathan “JB” Brown
8 years
From this morning's Gwinnett Leadership Forum breakfast: "Culture eats strategy for breakfast".
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@RealJBBrown
Jonathan “JB” Brown
6 years
Financial freedom doesn't often come from W2 income. Heard about eComm and want to learn more? Check out
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@RealJBBrown
Jonathan “JB” Brown
7 years
@CoachCheesman that didn’t work out so well
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@RealJBBrown
Jonathan “JB” Brown
10 years
#Comcast #comcastfail 29 minutes on hold, I finally gave up. Best part is I was trying to transfer internet to our new home.
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@RealJBBrown
Jonathan “JB” Brown
7 years
Why is there currently a $1000 difference in price between @GeminiDotCom and @coinbase ?!
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@RealJBBrown
Jonathan “JB” Brown
9 months
@kstone06 Maybe coach “don’t reach unless it’s 4th down”
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@RealJBBrown
Jonathan “JB” Brown
8 years
My iPhone died during a FaceTime between my mom and my children. I called her back on our regular phone. My children were utterly baffled.
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@RealJBBrown
Jonathan “JB” Brown
6 years
Always make time to enjoy the simple things.
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@RealJBBrown
Jonathan “JB” Brown
10 years
Get all the advice and instruction you can, so you will be wise the rest of your life. You can make many plans, but… http://t.co/1Brnf9CKHs
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@RealJBBrown
Jonathan “JB” Brown
10 years
"Leaders: Are you willing to "die" for your people?" by @LeadFromBeside on @LinkedIn
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@RealJBBrown
Jonathan “JB” Brown
7 years
@ToneVays Happy belated Thanksgiving to you! So grateful for the lessons you have shared.
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@RealJBBrown
Jonathan “JB” Brown
6 months
@AcdntlyRetired While I agree 100% for wage-earners, I’d add that closely-held businesses represent a disproportionate wealth-building opportunity. I’m wealthy because of buying, scaling, and exiting businesses serially. I couldn’t have accomplished 1/10 my results in the stock market. Do agree
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@RealJBBrown
Jonathan “JB” Brown
9 months
@ajones2513 @MikeGiardi Yes because no professional is also allowed to be a human being, with personal and family matters to consider. I live in ATL and know some of the families who were on staff with the Falcons…not fun for them. Same for Pats I’m sure.
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@RealJBBrown
Jonathan “JB” Brown
6 years
Roses are red, violets are blue, Jungle Scout Sucks so what should I do? # #AmazonFBA #ecommerce #Sidehustle
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@RealJBBrown
Jonathan “JB” Brown
7 years
Feed your desire to succeed and starve the belief that you won't.
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@RealJBBrown
Jonathan “JB” Brown
8 years
Skepticism is healthy...until it grows into Jadedness. Your gut response to the success of others provides a mirror. What do you see in it?
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@RealJBBrown
Jonathan “JB” Brown
6 years
Here's Why You're Broke... "is it the money's fault or yours?" via @forbes
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@RealJBBrown
Jonathan “JB” Brown
6 years
More of us old lions need to step up and speak truth to these young studs.
@_SJPeace_
StanceGrounded
6 years
Watch this man brilliantly break up a street fight between two teenage boys. His name is Ibn Ali Miller. A 26-year-old Muslim man from Atlantic City. HERO Retweet ❤️
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Jonathan “JB” Brown
5 months
@GabrielKohenCPA CPA is one of those careers which can attract a very binary thinker. They can find it difficult to abandon outdated, or ill-informed beliefs regardless of how self-limiting they may be. It’s the reason why I always insist on running point in M&A negotiations when a CPA is
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@RealJBBrown
Jonathan “JB” Brown
6 months
@VusiThembekwayo “Fail Forward” is generally the way it works out. There will always be unexpected trials…in those trials is often where innovation and resiliency are built.
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@RealJBBrown
Jonathan “JB” Brown
3 months
Superficially in a vacuum I see her point. Obvious take that makes sense. But…the rules are entirely different for men with resources, success and power. And before y’all @ me with “well she may sleep with him but she won’t enjoy it”… you’ve made a fatal logical
@GiaMMacool
Gia Macool
3 months
The kinda girls you find hot, will never wanna F*ck a dad bod.
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Jonathan “JB” Brown
6 years
2 weary travelers take a rest. Pic from my last sourcing trip to Central America our bus driver adopted this sweet puppy and the pup hung with me while pops drove
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