In this episode of the Trusted Podcast, estate planning attorney Blake Johnson speaks with Landon Mance, entrepreneur, small business investor, and co-founder of Backbone Planning Partners. Landon shares insights on his journey from financial advisor to wealth manager, with a focus on acquiring and managing small businesses.
Tune in to the episode to hear about:
* Landon Mance’s Career Journey: Landon Mance talks about his career path, from financial advisor and wealth management to entrepreneurship and co-owning Nevada Tree Service.
* Transition to Fund Management: Landon Mance mentions his shift to fund management, focusing on acquiring small businesses and highlighting the difference between wealth managers and fund managers.
* Private Equity vs. Stock Market: Landon Mance explains that private equity can offer higher returns than the stock market but comes with more risk, commitment, and less liquidity.
* Investment Strategy: Landon Mance discusses his fund’s all-equity approach to acquiring small businesses, targeting entrepreneurs and business owners.
* Advice for Small Business Investors: Landon Mance emphasizes the need to understand risks, involvement, and goals before investing, suggesting familiarity with the industry or SBA loans for business acquisitions.
Learn more about Landon Mance:
* Connect with Landon on LinkedIn: https://www.linkedin.com/in/landonmance
* Visit Landon Mance’s website: http://backboneplanning.com
* Listen to Landon’s podcast, Tycoons of Small Biz: https://podcasts.apple.com/us/podcast/tycoons-of-small-biz/id1668191504
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About the Trusted Podcast:
In each episode of the Trusted Podcast, Blake Johnson, managing partner at Trusted Estate Planning Attorneys, interviews professionals in different areas of life that you need as a trusted source of information, including trust and estate planning. You can trust this podcast to provide information on estate planning and related fields.
Watch or listen to more episodes of Trusted:
* Website: https://trustedepa.com/podcast/
* YouTube: https://www.youtube.com/@trustedestateplanningattor349
* Apple: https://podcasts.apple.com/us/podcast/trusted-podcast/id1481377757
* Spotify: https://open.spotify.com/show/2asi0OtFFvl7YCkdNqhqLL
Connect and learn more from your host, Blake Johnson:
* Connect with Blake on LinkedIn: https://www.linkedin.com/in/estateplanningattorneylasvegas
* Follow Trusted Estate Planning Attorneys on LinkedIn: https://www.linkedin.com/company/trustedepa
* Follow Trusted Estate Planning Attorneys on Facebook: https://www.facebook.com/trustedepa
* Read Blake’s bio on his website: https://trustedepa.com/meet-our-attorneys
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