You're Buying A Job You Can't Do

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:

  • Plumbing company doing $350K SDE (take home income as owner)
  • 20 years in business
  • Owner wants to “retire"
  • 5 trucks on the road
  • Steady commercial contracts

Sounds like that "boring business" dream, right?

Can you handle the job behind the business? Use the free Run It or Wreck It Test to gauge your fit.

THE REAL DEAL: The Perfect Business That Wasn't

The owner isn't just the owner. He's:

  • The only master plumber (required by law)
  • The only one who knows how to price jobs
  • The only one general contractors trust
  • The only one who knows where all the money's made
  • The only one who can train new hires

Translation: This isn't a business. It's a highly-skilled job with employees.

You'd be paying $1.05M to buy yourself:

  • A job you're not qualified to do
  • A team you can't legally manage
  • Relationships you can't maintain
  • Knowledge you don't have
  • Certifications that take years to get

And that "attractive" $350K SDE? Watch it vanish when you:

  • Hire a master plumber ($144K+)
  • Add proper systems ($36K)
  • Lose key customers (???)
  • Face employee turnover (???)
  • Deal with license transitions (???)

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

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:

Can you handle the job behind the business? Use the free Run It or Wreck It Test to gauge your fit.

VALUE VAULT: The Real Freedom Framework

Before you chase that "perfect" deal, ask:

Owner Dependency Test:

  • Can the owner take a 2-week vacation?
  • Are prices standardized or "in their head"?
  • Do customers ask for them specifically?
  • Who handles escalations?
  • How many decisions need their input?

Systems Reality Check:

  • Written processes vs. tribal knowledge
  • Technology vs. owner's memory
  • Team autonomy vs. constant guidance
  • Client relationships: business or personal?
  • Growth: systematic or owner-driven?

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.

Keira Hamilton

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!

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Linda Ruffenach, CEPA

CEO Whisperer | Fractional COO/CFO | Change Agent | Best Selling Author | International Speaker | Corporate Board Member | Entrepreneur in Residence | Vistage Speaker

1 个月

Amen!

Michael Cleary ?????

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!

Jett Trimmer

VP of Sales at Capital Resources

1 个月

Couldn't agree more. Great read!

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