Have you noticed that the word “wealthy” has become a bit of a dirty word in our current society? There are a lot of politics, judgment, and envy at play when you’re wealthy. People often believe when someone is rich, they should be devoting all of their time and energy to the greater good. I …
Today, I’m going to take a slight turn off the track of buying and selling companies for no money down and share about what to do with the wealth you’ll generate from doing these deals. Now, I’m not a licensed investment professional, but a strategy that I’ve been playing with—and doing very well with—is called …
Could a Dividend Capture Strategy Be Right for You? Read More »
Imagine that wealth building is like rocket science. It’s the speed you need to achieve in order to break out of the Earth’s gravitational pull. You might be wondering: how fast do you need to go to make the income you want? To answer that, first imagine that your salary is a trap that keeps …
Escape Velocity Investing – A Great Way to Financial Wealth Read More »
When looking for the right experts to teach you how to fulfil your dream of buying and selling businesses, you need to look harder. These days the internet has no shortage of adverts for mentoring and coaching programs for how to do M&A deals. Most of these are terrible; it’s the blind leading the blind. …
How Can You Tell an M&A Expert from a Business Predator? Read More »
I did my first deal over twenty years ago; since then, I’ve done dozens of deals and advised on hundreds more. My goal is around buying and selling businesses—specifically buying companies without using cash upfront or without borrowing lots of money from financial institutions. I have helped many people with my Harbor Club training program, …
When you involve advisors, brokers, or lawyers in your deals, it is like asking a barber if you need a haircut. Of course, they are going to say yes, they are making a profit from your using their service. Unfortunately, reliable information about how to buy and sell companies is limited. The available books …
Have you ever heard people giving wealth advice? Whether it’s in books, websites, or YouTube videos, they usually say you need to save 15% of your income or whatever their magic number is. If these people were genuinely wealthy, they would know what happens when you become wealthy. When you become wealthy, you have access …
The Benefits of Private Wealth Banking Uncovered Read More »
Have you fallen into the trap of thinking that you have to work hard at running your business to get wealthy? I can tell you that this is not necessarily the case. It’s still hard work, but your hard work should be invested elsewhere so that you can see genuinely spectacular results in short periods …
No mistake is wasted if you learn something from it. I think some of the greatest lessons I have learned have been from failures. The key is resiliency and having a learning mindset. I love sharing stories about deals that taught significant lessons, and today I would like to share a story with you about …
Which do you think is more profitable? Creating a business from scratch and then selling it, or buying an established business and then selling it? Previously, we discussed knowing when it is the right time to sell your business. If you aim to transform your wealth and life, your main goal should be to create …
