Chris KoernerSerial Entrepreneur and Content Creator

One of the biggest opportunities of our generation

30 Aug 2024 · 1 min

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0:44

Short YouTube clip by Chris Koerner offering a practical hack to acquire small businesses or their customer lists for little or no cost. He advises searching Facebook Marketplace for the keyword "closing" to find owners shutting down stores (due to illness, death, etc.) who may give away or undervalue their business/assets — for example, a cabinetry business in Dallas being given away. The clip is presented as an informal, tactical tip with a CTA to follow for more hacks.

Chapters

All right, so everyone out there right now is talking about buying businesses from retiring baby boomers. But no, forget all that. Buying a business is too expensive. I want to take a business for free. Here's exactly how you do it. Go to Facebook Marketplace. Search for the word closing. That's it. Closing. You're going to find people that are closing their stores. You're going to find a lot of junk. But occasionally you'll find a rare gem where someone has a really valuable business that they're closing down. Maybe it's an illness, a death in the family or something. They've tried to sell it. Maybe they didn't try to sell it. Maybe they don't know there's value there. Believe it or not, a lot of people don't. You can go take that business or buy it, or just buy the customer list, the email list. You've got something. This guy in Dallas is selling a cabinetry business. When I say selling, I mean he's giving it away. That's a great email list to start a cabinetry business with. Follow me for more hacks like this.