Daron PachecoCEO, Howdy Media · Brand Builder

Could buying a pre-existing business be the ultimate shortcut to success?

12 Jun 2026 · 1 min

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In this personal narrative, the speaker recounts how he approached a business owner with a proposal to serve as general manager (GM) rather than an owner, offering to run events and generate profit. The owner, impressed and supportive, agreed to mentor him, allowing the speaker to work on existing events for three to four months while sharing profits 50/50. This arrangement enabled the speaker to save enough for a down‑payment, after which the owner financed the purchase of the business, effectively handing over ownership. The speaker highlights the rapid start, hands‑on mentorship, profit‑sharing structure, and the transition from managing a pre‑existing operation to gradually scaling it further.

Chapters

I'm like, I'm just gonna see about it. So I go and I basically try to convince him like, okay, I don't need to be an owner. I'm not a business owner. I'm like, let me, let me be your GM. Like, I'll run this for you. You don't want to do the events. Like, I'll, I'll hustle. Like, I'll do it for you and you can just pay me. Um, and he essentially was like, no, like, I will really— it was weird. It was like he believed in me from the get-go and was like, you're the person that's going to take this to the next level. He's like, So whatever we need to do to get you there, like, let's do it. So he mentored me. He actually let me work events with him for like 3 or 4 months that he already had lined up. And he split profit with me 50/50 so that I could save up the funds to make the down payment and then finance it through him and buy it from him. So there's a lot more to that story, but it was just, it was truly handed to me. And so super cool. I got to hit the ground running with something that was preexisting, um, and then just kind of slowly turn it into more and more. So