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0:05 Hey everyone, it's Neil Patel here for another Q and A Thursday video. I'm here with Adam LoDolce from Viewership.

0:30 This one is from Jason AK Mitchell, and he'd love to hear our takes on buying businesses using leverage, LBO to buy a business, and also using things such as earnouts. He's very interested in acquiring businesses, especially internationally.

1:00 LBO stands for leverage buyout and what Jason's trying to do is he's trying to buy out a business using debt, special financing where he doesn't have to pull all the money out of his pocket and even make it where he's buying that business and using a lot of the profits to pay back the people who used to own that business. And yeah, that's possible.

2:30 I'm guessing a lot of you guys who are watching won't be able to get those deals because they're hard. So what I would do is try to put a little bit down, and negotiate with the buyer in which you pay em out over a period, and it would be a bit more money probably because they usually won't accept it if it's the same amount. You would have to give maybe a bit more money, but you can do it from the company profits. And a lot of people accept it because they're burned out, they're tired of the business, they don't want to do it anymore.

3:15 How do you find these? I mean, you skipped over that first part which is like, oh you just hit them up, and you go from there. How would you go about finding that if this is the type of business?

3:30 You try to email 50, 100 people in that industry, and you'll get some people responding saying no, you'll get a lot of people who ignore you, and some people will say yeah sure, and let's discuss it.

4:00 The other thing that you could do is that if you're a bit lazy, there's usually a premium for this, but you can just hit up website brokers. There's a lot of website brokers. Only Google website brokers. You'll find some, and then you can buy a site. Or if you're looking for smaller sites, you can go to like Flippa, Empire Flippers, and just hit up the sites and try to negotiate a deal.

4:30 Thank you for watching this week's Q and A Thursday video. If you have a question that you want to be answered on next week, leave a comment. Either way, I'll answer it. And if you need anything else, you can always hit us up personally or hit me up personally.