Chapter 1: The opportunity

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  • Buy a business, right now, and run it as a CEO
  • Flexibility to run it in a way that suits you
  • Typically purchased with a combination of loans from banks and equity from investors
  • Upsides are profits/cash flow or growing the business and selling at a higher price
  • Lots of variety in type and size of possible businesses
  • Search process is critical
    • success with determine your lifestyle, location, where and how your kids grow up and go to school
    • no easy out if you buy the wrong company

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  • 2 months ago by vince