As entrepreneurs we spend years grinding in , strategizing for, and building business that we desire to impact our communities and the world with. Many aren’t aware of the lucrative opportunity that is held within SELLING SOMEONE else’s business for profits. Marc Golden (brother of S.P.P. Alum Marvin Golden) teaches others how to find, fund, scale and sell businesses. In this episode we discuss :
How Business Brokers do for business what realtors do for homeowners.
The secret sauce behind a business with RAVING FANS and how to identify one.
What process of BUSINESS ACQUISITION and how it can be a lucrative opportunity for those willing to put in the work.
The CREATIVITY and INTELLIGENCE behind being a business broker.
Why he doesn’t recommend franchises as a business venture.
THE CLOSED GROUP: How to break into a little known circle of people making massive profits with this business model.
How to INTENTIONALLY BUILD EVERYTHING with the purpose of selling it.
And so much more!
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Show notes:
00:00 Podcast Preview And Sponsored By
02:35 Introducing Marc Golden
05:54 Valuation of a Business
9:35 The Strength Of The Business Vs The Strength Of The Buyer
14:21 Building The Numbers
20:19 The PreSchool Business Model
22:35 Commercial Break
23:30 Setting Aside Operating Cash
31:30 The Emotional Attachment
41:45 Choosing Businesses To Take On
42:26 Commercial Break
43:26 Minimum Number Evaluation
48:31 Being A Transactional Agent
56:17 Hostile Takeover
01:02:00 Brokerage Partnerships
01:14:38 Wage Slaves
01:16:00 Buying Franchises
01:20:36 Sponsored By
01:23:35 Handling Personal Brands
01:32:00 Podcast Predictions
01:33:19 Podcast Principles
01:34:31 Commercial
Timestamped By @TheYouniversityLive