Evan Norman

Husband. Father. Air Force veteran. Sizzled and Fizzled at several startups. Founder and Extreme Owner.

[Evan Norman @EvanANorman]

@TimLeland Definitely can! We’ve save thousands by having the Amazon 5% back. When you’re going to make purchases anyways and the credit cards are only 1-2% cash back, it makes it worth it in my experience.

[Evan Norman @EvanANorman]

@sbabmarks Great thread. Emphasis on working capital. Seems absolutely critical. Cash is king. Thanks for the insight!

[Evan Norman @EvanANorman]

I know someone that bought a very small bank in rural west Texas several years ago. It’s very difficult and takes years because of the regulatory approvals required. Even if you could funnel that much SBA loan volume, it would take a large bank to process it. Happy to make an intro.

[Evan Norman @EvanANorman]

@SMB_Attorney I’ve said for years, it should be required for everyone to work for at least a few weeks as a server or restaurant worker. Changes your perspective and appreciation for those individuals immensely.

[Evan Norman @EvanANorman]

@ClintFiore This analysis is 🔥. Thank you!

[Evan Norman @EvanANorman]

@SBA_Matthias Government job?

[Evan Norman @EvanANorman]

@SBA_Matthias Have you seen Severance on Apple TV? Great show to binge over a weekend.

[Evan Norman @EvanANorman]

@SBA_Matthias @SMB_Attorney Is this a business idea? Outsource it to me and I’ll get on a plane to Hawaii to spend time liquidating collateral on the beautiful island of Hawaii. 😉

[Evan Norman @EvanANorman]

@AndyHVandenBerg I’ve worked with https://t.co/HcK5Qi0jxT and https://t.co/TbC0QWUbtQ. Both are great to work with and competent.

[Evan Norman @EvanANorman]

@SBA_Matthias @WalbridgeSMB @jhobfoll Could only join for a few minutes. Timing wasn’t ideal, but I still got several 💎 s. Definitely think you should do them more often!

[Evan Norman @EvanANorman]

@SBA_Matthias @sbabmarks Yea this one was full of gold. Part of what I love about @sbabmarks thread’s is they are practical, easy to understand, and have application to searchers at almost every stage of the search process.

[Evan Norman @EvanANorman]

@ChandlerReedSMB Also, buying that “job” means you’re working for yourself which is immensely valuable and far different than a job working for someone else.

[Evan Norman @EvanANorman]

@SBA_Matthias @Jake_potter35 @PIONEERCAPADV I’m in!

[Evan Norman @EvanANorman]

@SBA_Matthias That’s messed up on so many levels. Normally something like this is provided by the government. VGLI can be an option but there are requirements to qualify and there are limits.

[Evan Norman @EvanANorman]

@stkerr88 @ClintFiore True. But I’m not sure if it’s decline due to neglect or market demand. If it’s neglect, possible yo bring it back with some strategic marketing. If it’s market, then you’re right. How best to determine which it is?

[Evan Norman @EvanANorman]

@jason_howerton What’s his diet like? Magnesium could help. Is he spending time outside? Getting lots of exercise could help as well. Sometimes it’s just a phase but I hope yall get through it. 🙏🏻

[Evan Norman @EvanANorman]

🦁

[Evan Norman @EvanANorman]

@SBA_Matthias I’ve always assumed the LOI was formal enough to let them know you’re serious, but still comes with the ability to back out if things don’t look good. Might try the IOI next time if it makes sense

[Evan Norman @EvanANorman]

@lawyer4SMBs Sellers tend to scoff when you propose it in the LOI, but the greater the business dependence on the owner, the potentially larger the seller note. They have to have skim the game to ensure a smooth transition. If they are overly hesitant, I’d be worried about this even more.