Business
Today I start off telling you about how you can get started on finding a business to buy and get on lists where companies will send you listings of businesses for sale. I have a friend who wants a TBM 700 airplane, but has done nothing to diversify his income. He wouldn’t believe me when I told him he can purchase a business for 2 times its yearly earnings, but now I send him listings all the time just to torture him. I talk about a business for sale I found that sells chicken coops and brought in 4.3 million dollars last year and is for sale right now for 11.5 million dollars. Transworld, tworld.com 2:13Service businesses/product businesses 6:37The listing I bought 21:47“This is in the listing, this is in the email they sent to me. ‘This company is growing rapidly year over year at a 100% year on year sales growth, and 376% year on year profit growth.’ So what is goin on, man, that the profits are growing at a faster pace than the revenue? That would tell me that they’re discontinuing stuff that doesn’t really work very well and putting tremendous emphasis on the high earning stuff likely with the vision a year ago that they were gonna sell this thing.” 14:37www.websiteclosers.comwww.tworld.comReach Out To Keith, Get Help and Resources: https://dincpie.com/