Good Business with Clay Vaughan
Good Business with Clay Vaughan is a podcast about building companies that actually matter. Not just ones that grow, but ones that last. Ones that honor God, care for people, and create real value in the world.
Every week, Clay sits down with entrepreneurs, executives, and leaders who are walking that road in their own way. The conversations aren’t fluffy or surface-level. They get into the hard stuff—how to lead through chaos, how to build culture when it’s easier to cut corners, and how to keep purpose front and center when profit is shouting in your ear.
It’s a show about the kind of business most people want to run but few actually figure out. You’ll hear wins and mistakes, stories and strategies, but more importantly—you’ll hear what it looks like to run a business that’s both good at what it does and good for the people it touches.
If you want to grow, lead well, and make an impact that outlives you, this is your place.
Good Business with Clay Vaughan
What It Really Takes to Buy and Run a Business
Most people dream about owning a business. Mike Fransen bought one, and it changed everything.
In this episode of Good Business, Clay and Luke sit down with Mike to talk about what it looks like to acquire a boomer-owned, blue-collar business and survive the first two years. They cover the pressure of personally guaranteeing a loan, managing partnership tension, navigating a seller transition, and learning how to lead a new team while stabilizing cash flow.
In this episode, we cover:
What it feels like the day you sign the papers
Why tension is not the problem, but mismanaging it is
How to evaluate a business beyond the numbers
What first-time buyers underestimate about seller transitions
Why “boring” businesses can be the smartest move
What stability actually looks like in year one and year two
If you are thinking about buying a business, stepping out of corporate, or building a partnership that lasts, this one is for you.
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