Title | : | Buy a business by leveraging its assets- No money Down How to Buy a Business |
Lasting | : | 18.19 |
Date of publication | : | |
Views | : | 20 rb |
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Soo What if u have industry experts with you doing it? Comment from : SnortTroll |
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Fantastic Advice!!!! Comment from : Corey Burns |
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Do you think this work by buying out say an established Franchise like a Dominos? Comment from : ziggy C |
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QLA? Comment from : Randy Hilman |
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Well said Comment from : Peter Chang |
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That was just the shit!! Great vid great words of advise Comment from : Anthony Gracia |
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I resonate with you I totally agree that people who do not have a positive can do attitude will be able to buy a businessbrbrI will however continue to search and try to, step by step, prepare myself towards getting the businesses 😉 Comment from : Dominik Sosnowski |
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why would you do a discount on your business when you are underperforming?brYou would do a discount when you are overperforming (meaning no more upside for the buyer)brAnd no way a discount if underperforming (as there is an upside for the buyer)brUnless you mean a discount compared to what they SHOULD be earning And not a discount compared to what they earn by underperforming Comment from : tom jens |
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David Barnett, You tell it like it is People get sold on what they can do without any experience Great audio Comment from : Gary Stalick |
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Great insight!!! Comment from : 24audition |
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Thanks David Comment from : Tevan Patrick |
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Something for nothing goofy WS guy really are you serious? You ever heard of white supremacy? Which you're either a direct (or indirect) beneficiary of might I had FOH with your stupid goofy false "I'm white and I say so" mayonnaise babble!!! #B1 Comment from : Gr8 Al Thar |
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So glad I found you today David so many fake fast money merchants appearing online at the moment it is scary hope to be using your advice/services in the next couple years sirkeep up the good work! Comment from : Secured Certification |
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This video just smash my dreams because I have no money! But I'm going to pick them up and see if I can turn them into reality It's just going to take longer than tomorrow Comment from : Thomas Wilk |
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Is this what The Harbour club promotes? I am skeptical as he is pushing his seminars hard Comment from : Mark Crisp |
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Made me laugh hearing people are spending 5,000 to 10,000 on a how to course of buying a business with no moneybrAwesome content btw First time hearing your channel 👍👍 Comment from : Michael |
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Love this video David Comment from : Jay Johnson |
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Bill Gates said"Success is a lousy teacher it seduces smart people into thinking they can't lose"brbrJust because you have the balls & the mouthpiece to negotiate & structure a no money down deal doesn't mean you shouldbrbrThese are all great points to consider David, and any prudent business person will look at both the pro's & con's of any business strategybrbrThe more life and real experience someone has causes them to put more emphasis on weighing the downside risks in any situationthey have more to losewhere as the person with less skin in the game is more willin to take huge risks despite the risks staring them in the face Comment from : Matthew Lee |
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I like your message at the end Fixing yourself is the key to all success It is also the keys to business Fix the people and you can fix companies! Comment from : Carl Childers |
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Great subject and unfortunately will be lost on those that need it the most Money is earned and years of incremental growth is no longer appreciated, they want it now My success started 39 years ago when I was 14 Every years goal was to raise the net worth, no vacations, no new cars, no fancy cloths etc Wealth is not instance gratification but earned, with sacrifices and persistence effort Owning your own business is helpful but not necessary Live below your means makes for a poor music video but really is the secret sauce Comment from : Charles Cooper |
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You're obviously talking about Dan Peña's QLA program Any reason you're so afraid to mention his name or the program? I appreciate your viewpoint but by not addressing him or his program directly you're not providing an opportunity for a rebuttal Comment from : Raven Records |
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Other people’s money (OPM) and No Money down are two different things Comment from : Jesse Cardenas |
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I love the Negril area and have stayed near Jimmy Buffets 3 times Couples Swept Away resort is where i stayed and really close to there Great videos Comment from : Windsor4270 |
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Thank you for this! I bought into BBA and after working it so hard, have found that it's not possible without huge huge risk Comment from : Zachus |
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Love the video as I'm just about to buy a small ski/snowboards shop Leveraging the assets, is the best tip I ever heard Specialy the sallary and the equipment Comment from : OK Skateboards inc |
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The main key for a no money down purchase is the seller You're going to have to find one willing to throw in some seller financing And there are all kinds of lenders that offer financing on AR No money down business drals are done everyday Just like real estate EBERY DAY You just have to be willing to keep digging until you find the right deal Comment from : Jeff Davis |
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A sobering podcast with a lot of reality For most newbies what he says is true However if you develop financial engineering skills,negotiation techniques and group of investor it ix not difficult tp buy businesses with no mo ey Which is exactly what i did as an investment banker I now teach financial advisers how$ Comment from : right path |
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I am glad I found this today I have been looking at some of these other courses and people you are speaking of and something is just off to me about some of this I have negotiated 2 deals before with no money down I have not however done it with finding loans so its a little confusing to me on the lending part Another thing people need to realize is that a lot of loan companies do require origination fees so the theory of doing it with no money is kind of misleading I'm negotiating deals right now and learning as I go The good news is, my mindset has been ready for a long time Thanks for the videos Comment from : Melissa Powell |
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Vendor financing combined with asset refinancing is very doable in my opinion Other programs recommend both not only asset financing only ! Comment from : Lluis Q |
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Thanks, I have desperately trying to understand that system & kept coming back to me having to spend well over $50k just to get someone like me with no skill, no knowledge to buy a business Meaning, I have to bring a lot of people on board just to advise me & teach me And that is just the first step of the equation So you are right Comment from : lady stalker |
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There are a few guys that teach in the manner you are criticizing Glad we have guys like you shining a light on things It’s a shame that no one has much integrity anymore Making the sale has been made main priority over integritybrbrAt the time of this comment, there are 4 dislikes and 4 likes on this video and he just put it out 3 hours ago This says a lot Comment from : ManPursueExcellence |
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You just had to throw your political bias in there didn't you? I just helped a client acquire a commercial maintenance company in Florida with monthly revenues of 250k+ by bringing on a equity partner and also pulling an Merchant Cash Advance of 10 annual revenue to structure the entire deal Oh, by the way, he's a Mexican Immigrant So no, I don't buy your cynical video You shouldn't tell people they can't do something just because it's never worked for you Comment from : Eli Romero |
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