What It's About
Instead of starting up shop, can you just ... pick up a shop?
Notes from Chris
Episode 2184
What if we could skip the whole startup phase of your side hustle and go straight to burgeoning retailer? None of that whole ideation thing, none of that trial and error—just operating a successful business? This is not an ad for a company that will go out of business in the next year. It’s the setup for today’s question from a recent listener. He wants to buy an existing small business, and he’s found a platform that includes a lot of listings. How does this work? What should you know if you want to do something like this? Why is the sky blue? The answers to at least two of those three questions are in this episode!"I've been listening for a while and really pondering my next steps. I found a platform called BizBuySell.com that has listings of lots of different businesses for sale. It looks like it includes everything from franchises, which I know you don't like, to small mom-and-pop stores all over the country. And of course, there are lots of online businesses. What do you think about this—instead of starting my own, if I have enough capital, might this be a smart way to invest? Thanks for your advice, and have a great day. "Listen to today's episode to learn more...
SEE ALSO:
- Catholic Designer Creates Stylish Apparel Line: What shall it profit a man to gain the whole world but not sell any t-shirts? This designer cast his bread upon the waters and ended up with a profitable fashion line.
- Seattle Couple Creates New “Income LiveStream”: When a married couple runs into logistical problems at their wedding, it leads to an innovative service that other engaged couples need during the pandemic.
- Role-Playing Pastor Rolls The Dice On $2800/Month Hustle: Listener success story! This Presbyterian minister turns to his lifelong interest in role-playing games to set up a sustainable second income source.
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