The Leverage Game
@theleveragegame
Helping future entrepreneurs skip the startup and buy a business.
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It’s all about Jesus.
He who has everything but God, has nothing.
More is a trap. More tasks More people More complexity Success comes from what you cut, not what you add.
Closing on a new business acquisition this week. I’m paying triple the amount I did for my first business. Yes, it’s scary to jump into something new and unknown, but staying the same and not challenging myself in life is scarier.
The best investments strategies are boring. The best businesses systems are boring. Repeating what works is boring. You know what isn’t boring? Poverty. Poverty is always exciting. Embrace boring. It’s where the money is.
What type of business should you buy? I prefer service businesses that can’t get taken out by big companies like Amazon. Look for the business with great revenue getting customers with little to no advertising and grow it.
“There’s no rehab program for being addicted to freedom. Once you’ve seen what it’s like on the other side, good luck trying to follow someone else’s rules ever again.” - Chris Guillebeau
Here’s how to know a business seller isn’t serious about selling: - Refuses to agree to exclusivity - Will not consider seller note of any size - Won’t agree to more than 2-3 weeks of “training” Move on. You’re wasting your time.
Don't start a business, BUILD a business. Startups go from zero to one and take forever to be profitable. There is a better way to become an #Entrepreneur. Skip the startup phase, and buy a business that is already established. Let us show you how.
I spent my 20s doing what everyone said I should do to be successful. I spent my 30s doing the exact opposite of almost everyone else and achieved enough financial freedom to retire at 37. There is a valuable lesson in there if you are confident enough to take your own path.
Buying a business is for the builders. The #Entrepreneur who is a doer and strategist. The person who is persistent enough to keep pushing forward and can see the big picture. If this is you, follow us to find out how to buy your first business.
Just watched Super Mario Brothers, a movie about 2 tradesman that quit their job to start a business, and then things go horrible wrong (Mario gets beat up by a gorilla, the imminent destruction of Mushroom Kingdom, Bowser attacking Brooklyn, etc.) And to think, all of that…
One of the best things I did to set myself up for success and financial freedom was buying a business. Here is my guide to getting started with #acquisition entrepreneurship. theleveragegame.com/post/howtobeco…
Buying boring businesses is a fast-track to positive cash flow. BUT, most people suck at buying the RIGHT ones. Here's an easy framework I've used in 100+ deals (that actually works):
Want to be an #Entrepreneur but can’t find that one idea? You can skip the startup phase and buy an existing business that makes money from the beginning.
When searching for the perfect business to buy, many future #entrepreneurs don't realize the imperfections are opportunities to grow the business. Find a business that needs improvement in areas you are good at, buy it, and fix it. #acquisition #businesstips
The biggest mistake I see future #entrepreneurs make when looking for a business to buy is trying to find the perfect one. There are no perfect businesses for sale. If there is a business out there that runs itself with little effort, you can bet the owner isn't selling it!
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