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The Tai Lopez Show

How To Make Money Buying And Selling Businesses: Tai Lopez On Purchasing Pre-existing Assets

The Tai Lopez Show

Tai Lopez

Business

4.86.9K Ratings

🗓️ 11 March 2016

⏱️ 23 minutes

🧾️ Download transcript

Summary

Everyone will tell you that you have to start businesses from scratch. They don't get the full story. Expand your money game by understanding the language of money. And one of the things in the language of money is understanding how to purchase pre-existing assets.Learn more about your ad choices. Visit megaphone.fm/adchoices

See omnystudio.com/listener for privacy information.

Transcript

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0:00.0

How to buy businesses and resell them for a profit.

0:05.0

Today was interesting.

0:07.0

I'm going to post some footage on YouTube later.

0:09.0

It's on my Snapchat of me talking to some people, some fans came up to me at the end of

0:15.0

the Laker game tonight and there were an 18-year-old and a 16-year-old and they're like,

0:21.0

you know, man, we follow stuff and we bought an app for four grand and renovated it, fixed

0:30.0

it up, re-marketed it and they've made 600 grand in the last three months.

0:35.0

You'll see, I'll post it, you'll hear my snap, I'll try to repost it here on YouTube.

0:39.0

And I was thinking, this is the unknown, I've been talking about this and I don't know why

0:46.0

more people don't catch on to this.

0:50.0

You can buy pre-existing assets, renovate them and sell them for more.

0:57.0

That can be a business model.

1:00.0

Like a lot of people think they have to be an entrepreneur and start everything from scratch,

1:04.0

but it's not true.

1:05.0

Let me give you an example.

1:07.0

I told these two young dudes I was like, man, you Bill Gates did.

1:11.0

It's not even a word.

1:13.0

You know what Bill Gates did?

1:15.0

He figured out a way to buy DOS for $50,000 years ago.

1:20.0

I think he was still a teenager and then he turned it into Microsoft.

1:25.0

Okay.

1:26.0

Now some people make fun of Bill Gates and they're like, oh, he stole DOS.

...

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