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Man, lots of critics here. I think this is great and even with the security of owning a home, it's still a big leap to go your own way. Where are you finding b
by awillen 6y ago
Man, lots of critics here. I think this is great and even with the security of owning a home, it's still a big leap to go your own way.
Where are you finding businesses to buy? I've been considering something similar and have been keeping an eye on Quiet Light Brokerage, which has some interesting ones. Also, are you looking at Amazon FBA or doing your own selling/logistics? How much time are you putting into the businesses? I have lots of questions about how one does this effectively :)
- tuckerp 6y agoThat's fine--all of the criticisms were predictable. I never expected this to be for everyone. Quiet Light is great--there's a number of other brokers out there too, Empire Flippers and FEInternational are two other major players. I use those + sourcing off market deals which are generally the most advantageous to acquire. Off market takes a ton of time to source until you have a big enough reputation that people know you and just bring opportunities to you. Those happen occasionally for me, but still represents a small percentage of the deals I assess. Part of my screening criteria is to only acquire businesses with high automation in place, or high potential to automate. Shoot me a DM if you want to keep chatting!