Ask A Billionaire Podcast # 46 - What To Look For When Purchasing A Business
As always, the recluse billionaire Mr. O and I take live questions from attendees.
This week we are answering the following questions:
Any thoughts on how you keep your business successful without focusing on a “profit at all costs” philosophy?
I’ve been thinking a lot about the skills I bring to the marketplace. They’re valuable but not as valuable as being good at business. How do you believe you can expand your skills as a business person or become good at business?
What do you think about people who don’t have a business purchasing an established business? What are the key things you look for in the P/L of a business and how do you generate an offer?
If you’re going after buying a profitable business without using a broker, how would you go about finding the deal flow of a potential seller in an industry?
How do you get in the head of potential customers for a new or current business?
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