James Laughlin and a co-host discuss buying existing businesses as an investment path. One started with $30,000 and scaled to hundreds of thousands in deals. They favor stable, proven businesses over risky ventures, and share a story about losing someone named Devin in a car accident.
You started with 30,000, but you went on to buy, you know, hundreds of thousands into the millions. I did a lot of flying by the seat of my pants. When you don't have many options, it's really easy to make decisions. I like to buy a business that's rock solid. I personally do not see a better way to invest your money. Absolutely do not limit your possibilities.
The dalio.
Family had hired you to help their son.
Acquire businesses.
We made a number of investments, and unfortunately, Devin was killed in a car accident. The devastation was unbelievable. That was a massive upset to my life. You can be the byproduct of change and see the direct result of things that you do. To be a successful entrepreneur in it for me, anyways, you have to.
What we're saying to the listeners right now is that you guys are tuning into two idiots.
Two idiots.
Congratulations.
