5 • 683 Ratings
🗓️ 17 December 2024
⏱️ 44 minutes
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0:00.0 | What's up, guys? Welcome back to another episode of the Action Academy podcast, the show that |
0:04.3 | helps you replace corporate with cash flow through buying small businesses and big old commercial |
0:07.8 | real estate deals. Our primary focus on this show is helping you guys replace big old incomes |
0:13.1 | with cash flow, baby, pure and true. And on today's episode, we're discussing how one of our |
0:17.9 | Action Academy members, Tyler, replaced a quarter million dollar income through one purchase, one business acquisition. It took him seven months from |
0:25.8 | joining an Action Academy. And not only is he replacing his income to where now he's making |
0:30.2 | that same cash flow while working on something for himself that he has complete ownership in. |
0:34.8 | He also is getting real estate with the deal, so he's going to be |
0:37.5 | able to wipe out his taxes. And he did all of this with $60,000 out of pocket, which is what |
0:44.0 | most of you guys have saved up to buy a freaking rental property. Just to show how all of this |
0:49.3 | works. It doesn't matter that you work hard. It matters what you work hard on. And the cherry on top |
0:53.4 | of all of this is he actually |
0:54.6 | got paid $80,000 back from the bank at closing. So he got paid basically on paper $20,000 to buy |
1:01.8 | this business for 1.3 with the real estate attached. So guys, hope you enjoyed today's podcast episode. |
1:07.1 | As always, if you want to partner with Tyler, learn from guys like Tyler, be with guys |
1:11.7 | and girls like Tyler in the Action Academy community. That is our backend mastermind. We have |
1:16.5 | about 400 members now, and we help you buy small businesses and big old commercial real estate |
1:20.9 | deal. So if you want to get out of that corporate job in 2025, this is the way to do it. Go to |
1:25.6 | actionacademy.com or in the show description. |
1:28.1 | You can, as always, bookie 15-minute intro call. |
1:30.8 | Happy to speak with you, see if it's a fit. |
1:32.7 | Now, let's get to today's episode. |
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