As you know, I specialize in doing leveraged buyout (LBO) deals, which allow you to buy a business without using any of your own money.
I learned these skills on Wall Street doing monster deals — and there have been some absolute whoppers over the years.
The first-ever LBO was the $49 million acquisition of industrial printer McLean Industries in 1955.
Since then, there have been a few more LBO whoppers you might have heard of:
- Acquisition of PetSmart for $8.7 billion in 2014
- Acquisition of RJR Nabisco for $25 billion in 1988
- Acquisition of Harrah’s Entertainment Group for $31 billion in 2006 (Harrah’s just happens to be my favorite hotel in Las Vegas)
- Acquisition of Hilton Hotels for $26 billion in 2007.
However, the largest (potential) LBO in history is currently being negotiated.
Henry Kravis and KKR (who acquired RJR Nabisco) are rumored to be preparing a bid that could top $75 billion for Walgreens Boots Alliance.
LBO deals are the secret to generational wealth.
Wall Street folks no longer have to close these deals using other people’s money (OPM) and keep the process a secret.
Over the past 10 years I’ve pioneered an LBO strategy for buying small businesses in the $1–10 million revenue range.
And just like the pros on Wall Street (I used to be one of them), we want you to have the opportunity to generate massive wealth by buying, growing and ultimately selling your own business.
My business partner Adam Markley and I were visiting Wall Street in November.
You can smell the money being made.
So if you’re ready to get started on this exciting and lucrative journey, pick up a copy of my e-book No-Money-Down Business Buying Secrets.
If you’ve already picked up a copy, may I suggest – if you haven’t already – spend some time over the holidays reading it.
In it I show you how the LBO process works and BUST these three common myths…
- All businesses for sale are bad businesses. They are definitely not. There are millions of businesses for sale today and most of them are profitable.
- You need personal cash to buy a business. You don’t. I will show you how to use OPM.
- You need to go in and operate the business you buy. You don’t. You can if you want to, but I will show you how to use a general manager to run the business for you so you can be an owner-investor.
No-Money-Down Business Buying Secrets will cost you less than a meal at McDonald’s…
Consider it another Whopper.
There’s nothing like starting a new year with a new goal…
Why not make yours a whopper?!
Until next time, bye for now.
Editor and co-founder, Dealmaker Wealth Society