68. How to Buy a Business Without Spending Any of Your Own Money

Cubicle to CEO

Ellen Yin

Business, Marketing, Entrepreneurship

5.0 • 580 Ratings

🗓️ 16 November 2020

⏱️ 60 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

Did you know that 50% of new businesses fail within the first 5 years? If you have ever wanted to own your own business but don’t feel drawn to the startup life, today’s guest is a serial entrepreneur and investor who shares a different path to being a business owner: buying an existing, already profitable business instead of starting your own from scratch. Carl Allen has spent 28 years facilitating over 330 business deals worth close to $48 billion, and now devotes his time to helping thousands of people all over the world venture into entrepreneurship by BUYING small businesses without using a dime of their own money.Keep listening to learn the 3 questions you need to ask to evaluate if a business is worth buying, how you can fund your purchase without spending your own money, and what every entrepreneur at the beginning of their journey needs to know. And for all my fellow bookworms out there, be sure to check out Carl’s book, Zero Down Business Buying Secrets, for a deeper look at what he shares with us today. He was kind enough to give our community a special deal, so go claim your copy for less than $5 at trainwithcarl.com/cubicletoceo! Connect with Carl: dealmakerwealthsociety.com Facebook Youtube If you enjoyed today's episode, please: Post a screenshot & key takeaway on your IG story and tag me @missellenyin & @cubicletoceo so I can repost you. Leave a positive review on Apple Podcasts Subscribe for new episodes every Monday ----- FREE RESOURCES:Service-based entrepreneurs, are you tired of being on the content hamster wheel + hustling for more followers without more income? I created a FREE, on-demand training just for you on how to use my step-by-step client attraction system to create your first $10K month, WITHOUT a large audience or complicated marketing strategies! Claim your bonus gift by watching now: ellenyin.com/getclients Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

Click on a timestamp to play from that location

0:00.0	You're listening to the Keep Acolda CEO podcast, episode 68. Did you know that 50% of new businesses
0:06.9	fail within the first five years? If you have ever wanted to own your own business, but don't
0:11.4	feel drawn to the startup life, today's guest is a serial entrepreneur and investor who shares
0:16.3	a different path to being a business owner, buying an existing already profitable business instead of
0:22.2	starting your own from scratch. Carl Allen has spent 28 years facilitating over 330 business
0:28.5	transactions worth close to $48 billion and now devotes this time to helping thousands of people
0:34.8	all over the world venture into entrepreneurship by buying small
0:38.8	businesses without using a dime of their own money. Keep listening to learn the three questions
0:44.7	you need to ask to evaluate if a business is worth buying, how you can fund your purchase
0:50.1	without spending your own money, and what every entrepreneur at the beginning of their journey
0:54.9	needs to know. And for all my fellow bookworms out there, be sure to check out Carl's book,
1:00.6	zero down business buying secrets for a deeper look at what he shares with us today. He was kind
1:06.2	enough to give our community a special deal, so go claim your copy for less than $5 at train withcarl.com
1:13.7	slash cubicle to CEO. It will also be linked below in the show notes.
1:25.7	Welcome to the Cubicle to CEO podcast. I'm your host, Ellen Yin. Each week on this podcast, learn from the best and brightest in business who have paved their way to the top of the corporate and entrepreneurial worlds, as well as those new to the CEO game, like myself, who are working in the trenches to build our empires. Listen in as these leaders impart their
1:45.8	wisdom, inspiration, and encouragement to empower you to become the CEO of your dream business
1:51.6	and life. Thanks to our friends at FloDest, Baxter Blue, and the Merchant Solutions for
2:06.9	supporting the Kiebacolda CEO podcast and our upcoming week of gratitude giveaways.
2:13.2	So we are kicking off a week of giveaways on November 23, 2020.
2:17.8	In lieu of participating in Black Friday or Cyber Monday, we want to give back to our community
2:24.1	instead by featuring some products and prizes from our favorite brands.
2:30.2	So Flowdesk is my absolute favorite email service provider.
	...

Please login to see the full transcript.

Previous episode | Next episode

Disclaimer: The podcast and artwork embedded on this page are from Ellen Yin, and are the property of its owner and not affiliated with or endorsed by Tapesearch.

Generated transcripts are the property of Ellen Yin and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.