Buying businesses outperforms real estate, stocks, and crypto. Start by reading Buy Then Build and Buying a Small Business, then source deals through brokers and microacquire.com. Begin small to learn hands-on before scaling up.
Chapters
Are stocks or real estate the best possible investments? Everyone knows about real estate. Your parents tell you to buy it, your grandparents tell you to buy it. You got to own property. That's what they say. And stocks, well, they've been around for, give or take, a little over 100 years or so. So people talk about stocks as well. But there is an asset class that's sitting right in front of you that not many people talk about because not many people understand. And I'll tell you what, my founder friends behind the scenes, what we've talked about over the last couple of years, when you look at the portfolio of the different investments that we have, the one asset class that has performed the best is by far business. And I'm going to tell you how to get started. Number 1, read the book Buy Then Build. There's another one called Buying a Small Business, and there's another one called Agile M&A. Number 2, talk to brokers, source deals yourself, look at deals, look at what microacquire.com has. They have a lot of great resources there as well. Number 3, start small. Buy a really small business first. You're gonna screw up, you're gonna build scar tissue. Then once you learn how to operate a little bit, then you can move on to a bigger business, and then eventually you can hire more people to run these businesses. So