Crazy. Idiotic. Boneheaded.
I am absolutely astonished every time I see a promising entrepreneur make this incredibly stupid mistake…
Why try to start a business when you could buy one instead?
That’s the crux of this phenomenal business book, Buy Then Build: How Acquisition Entrepreneurs Outsmart the Startup Game.
You don’t have to pour your blood, sweat and tears into building a business from scratch… finding suppliers, hiring employees, growing your customer base…
You can simply go out, find a distressed seller and position yourself as the safe pair of hands to take over their existing business.
Then you can put your energy into growing that business and making it even more attractive for a future buyer.
It’s all here in Buy Then Build — with lots of practical examples to illustrate the point.
Check out my review here. You can even grab a copy of the book for yourself!
Have a great weekend — I’ll be back with more Confessions on Monday…
Until then, bye for now.
Editor and co-founder, Dealmaker Wealth Society