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How to Buy a Business for $0 in a Week
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Chapters:
00:00 - How do you buy a business for $0 in 1 week
00:56 - Finding What Biz to Buy
3:49 - How to Have The Conversation
8:18 - The Venmo Challenge
11:42 - The Personal P&L Review
16:44 - What to do on Day 1?
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Guatam Adani is the richest man in India, worth over $48 billion. Carlos Slim Helu, the magnate of Mexico is worth over $85 billion, and Bernard Arnault is richer than both of them combined. What do all three of them have in common? They bought businesses to build their empires.
Now I know what you're thinking, "but Codie, I don't have a lot of cash, how can I buy a business??" Today I'm going to break it down for you and show you how you can buy a business for $0 cash, in one week. Yes, really.
I've spent over 10 years working in finance and making money, and the skillset that changed my life more than anything else is "creative financing." If you want to know what to buy, just look at where you spend. It's the Venmo challenge: wherever you're spending your money consistently with small businesses is usually where you should reach out to the owners of those businesses.
Who are they? What do they do? What do you spend per month? What's their revenue, and finally, what's your value-add? I'll show you how to break it down in this video to determine the right business for you to buy.
Also we're coming up on our 1 million subscriber milestone. We've come a long way since our first videos on our channel and couldn't have done it without you. Please continue to spread the word and subscribe if you already haven't. What video(s) helped you discover my channel? Comment below!
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All content on the Codie Sanchez YouTube channel reflects my own opinions and should NOT be taken as legal advice, financial advice, or investment advice. Please seek out the guidance of professionally trained and licensed individuals before making any decisions. Some links in the description may be affiliate links.
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