You're Buying A Job You Can't Do
Everyone's telling you to buy boring businesses.
Local service companies.
"Recession-proof" industries.
?? Read time: 4 minutes
?? Deals analyzed: 1 (+awesome tool)
?? Knowledge bombs: 3
A client just walked away from what looked perfect on paper:
Sounds like that "boring business" dream, right?
THE REAL DEAL: The Perfect Business That Wasn't
The owner isn't just the owner. He's:
Translation: This isn't a business. It's a highly-skilled job with employees.
You'd be paying $1.05M to buy yourself:
And that "attractive" $350K SDE? Watch it vanish when you:
The Real Question: Are you really buying a business, or are you buying a really expensive job you can't even do?
DEAL DETECTIVE: Exposing the "Boring Business" Myth
领英推荐
Everyone's pushing the same story:
"Buy a boring local business!"
"Take over from a retiring owner!"
"Instant cash flow!"
But here's what they aren't telling you:
VALUE VAULT: The Real Freedom Framework
Before you chase that "perfect" deal, ask:
Owner Dependency Test:
Systems Reality Check:
Sometimes the most rebellious move is walking away from a "perfect" deal. Your freedom isn't measured by what you own - it's measured by how you live.
Later this week: I'll show you how one corporate rebel found more freedom in their W-2 than most business owners I know.
Stay rebellious,
kinza
p.s. Know someone trapped in the "I must own a business" mindset? Forward this to them.
p.p.s. If you're enjoying what you're reading, sign up for early access to freebies here.
SBA Loan Broker | Laundromat Consultant
1 个月Great article! I see this so often - folks looking to buy jobs they can't actually do. This is a great way to describe it. Or, they are looking to buy a business that is dependent upon the owner but want to go with the "I'll just hire a manager" route... Not that simple. As you point out, it's unlikely the cash flow will be there for this plan. Buying a job gets a bad rap. I don't think there's anything wrong with that, as long as you know what you're getting yourself into and can actually do the job!
CEO Whisperer | Fractional COO/CFO | Change Agent | Best Selling Author | International Speaker | Corporate Board Member | Entrepreneur in Residence | Vistage Speaker
1 个月Amen!
CEO & Founder @ Huemor ? We build B2B websites generating 93% more leads & ZERO extra AD spend ? [DM "Review" For A Free Website Review]
1 个月Great advice, becoming the boss means taking control and making impactful decisions!
VP of Sales at Capital Resources
1 个月Couldn't agree more. Great read!