What's up, beautiful people. I'm a member of multiple masterminds that both invest in business

and in real estate. And one of these high level masterminds that I'm in where you have to have a

minimum net worth of $2 million to be in. So it's high level guys, high level girls in there.

There's this comment on Facebook that prompted a discussion between a few dozen of us.

And I wanted to read you guys the comment

and riff on this a little bit for today's podcast episode, which you can obviously tell the topic

of by the title. And here's the comment. I've had multiple friends who are, to put it nicely,

not exactly geniuses, and I've never owned a business, come to me with this story recently.

Saw an ad, and now I'm buying small business X, it costs $0 out of pocket. I don't have to do anything.

It's 100% passive, and it should pay me $750,000 a year. That's not just misleading. That's dangerous.

That is a lie. There is no business that you can buy. That's not just misleading. That's dangerous. That is a lie. There is no business that you can buy that's going to do that. I can promise you that here now. So what I want to actually do is take

the opposite approach of what I normally do, which is teaching you guys how to buy small businesses,

and I actually covered a day who shouldn't buy a small business because here's what's really important

to me. And I know that this isn't like maybe the best marketing, right? But what's important to me

is business buying is the single greatest, I believe, wealth generation vehicle that will

exist over the next 10 years.

Learning the skill of buying businesses the right way and scaling businesses and leading teams

right now is the same equivalent skill set as learning how to buy apartment buildings in 2010.

It's that level of skill set. It's that level of opportunity. People are

going to make hundreds of millions of dollars to billions of dollars taking advantage of this

opportunity. But what will also happen is you're going to have a lot of people, they're going to

get absolutely washed out with the tide because they're doing it the wrong way and they're

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