I talk with Wizard of Ads partner Rick Nicholson about avoiding the Mushy Middle. We also get into the story of his restaurant fire insurance claim.
Get help with your business video needs at https://www.hollygstudios.com/ Sign up for David's email list: https://www.DavidCBarnettList.com Sign up for Holiday Chat 2020: https://www.paypal.com/cgi-bin/webscr?cmd=_s-xclick&hosted_button_id=TK4UF6WW778D8 Learn to buy a business at https://www.BusinessBuyerAdvantage.com
Monday, November 30, 2020
Wednesday, November 25, 2020
Recommended Business books just in time for Black Friday Shopping!
Some
New Books for Santa to Bring…
I often get asked about books that I
recommend.
This week, I’m taking you through a tour
of my reading list that is maintained in my Amazon shop.
Many of these will be books that have never
made any bestseller list, but they all have important messages.
Also, when in doubt, you can always order
some of mine 😉
Watch here: https://youtu.be/_PYet-WFwDg
My Amazon bookstore is here: www.amazon.com/shop/davidbarnett
Learn how to buy a successful business at https://www.BusinessBuyerAdvantage.com
Book a call with me at https://www.clarity.fm/davidbarnett
Stop missing my videos and other news. Join my email list here: https://www.DavidCBarnettList.com
Monday, November 23, 2020
Peter Lount invites me to discuss local investing on the CashFlow Canucks podcast.
Peter Lount invited me to come and talk with him on CashFlow Canucks!
Find Peter's podcast here: https://radiopublic.com/cashflow-canucks-6VNydl/s1!a9956
Take a listen as we discuss the ideas I present in my 2014 book, Invest Local, which you can find from all large booksellers including Amazon in print, Kindle and Audio formats. (Audible and Apple too.)
LIVE- Private Equity, Shopping, Hotels & Buying dissimilar businesses
Thanks to Hermosa Beach Joe and Cheeky Cheeky for asking questions about buying hotels and managing dissimilar businesses. Don't for get to like and share!
Sign up for David's email list: https://www.DavidCBarnettList.com My interview with Jeffrey Tucker, author of Lockdown or Liberty: https://youtu.be/Mnn7Ob5eqbc Sign up for Holiday Chat 2020: https://www.paypal.com/cgi-bin/webscr?cmd=_s-xclick&hosted_button_id=TK4UF6WW778D8 Learn to buy a business at https://www.BusinessBuyerAdvantage.comWednesday, November 18, 2020
Learn to put Profit First - Small Business Cash Management with Rocky Lalvani
You
need to put profit first.
Rocky Lalvani is a self-made
multi-millionaire and certified Profit First coach to business owners.
That’s the Profit First system made famous
by author Mike Michalowicz.
This month, Rocky is the guest expert
speaker for my Business Buyer Adventure group coaching program and I
decided to invite him onto the main YouTube channel to share some advice.
His famous mantra: Revenue is Vanity,
Profit is Sanity and Cash is King!
We do a quick overview of the Profit First
system and talk about how small business owners can use some of these ideas to
improve their performance in 2021.
Let’s listen to him answer: https://youtu.be/pUvt1wQ1E04
Learn how to buy a successful business at https://www.BusinessBuyerAdvantage.com
Book a call with me at https://www.clarity.fm/davidbarnett
Stop missing my videos and other news. Join my email list here: https://www.DavidCBarnettList.com
Wednesday, November 11, 2020
3 Common Traits of Failing Small Business Owners- Business Management Tips
 |
Traits
of failing businesses and their owners.
Angela wants to know-
David, what are the common traits you
notice amongst failing business owners?
Great question!
I summarize the three most common things I’ve
seen amongst those who fail.
Also, my definition of failure is much
broader than what you think.
Watch and I’ll explain.
So, make sure you have none of these
traits when you own a business: https://youtu.be/fBiEaAbBsow
Learn to make a cash flow forecast and business plan at https://www.BizPlanSchool.com
Learn how to buy a successful business at https://www.BusinessBuyerAdvantage.com
Book a call with me at https://www.clarity.fm/davidbarnett
Stop missing my videos and other news. Join my email list here: https://www.DavidCBarnettList.com
Tuesday, November 10, 2020
What about that new guru I saw advertising online?
What about Roland Frasier?
I received this email from Business
Buyer Advantage student T.
-------------
Do you know Roland Frazier?
I took Roland’s $55 course on how to buy
business.
He has a lot of knowledge and I learned
a lot.
He is always claiming that we can
buy businesses for free.
After that, I was invited by him for his
other course that is worth over $2000.
However, I watched your videos and found
that Roland’s course misses a lot of important stuff.
First, he is not very strong in
accounting like you.
Also, I feel that he always talks about
the bright side, but he never talks about any risk that we need to beware.
I was really impressed by your YouTube
videos.
There is a video to talk about double counting income trap.
I’m currently discussing with the broker
for the burger shop acquisition but I actually encounter the exact same
situation.
T.
------------
Do I know Roland Frasier?
Sure, he pops up every 30 seconds on my
Instagram feed claiming to help people buy a business in 5 days or something.
He’s just the latest in a succession of no
money down gurus trying to advertise that the solution to people’s money
problems is buying a business.
Advertising to convince people to buy an
online course makes sense.
He’s trying to grow his market by selling
to people who are looking for a quick fix.
But, these people rarely ever do a deal.
If they do find any deals, they often can’t
get the levels of financing the guru promised.
When they ask for help from the guru, they
get ghosted.
That’s when these people become Zero-Down
Guru Refugees and go wandering the internet for help.
True business buyers are internally
motivated.
They decide they want to be an entrepreneur
via acquisition and then they go looking for information.
It’s why you don’t see me running paid ads
for Business Buyer Advantage.
People who become interested in the topic
can find me easily enough, just like T.
I do feel bad for people who get sucked
into these programs though.
It’s why it’s so important for all of you
to share videos from my channel and hit the ‘like’ button when you watch them.
That’s how the YouTube algorithm knows the
content is good.
You have no idea how good it feels whenever
I go check out a video from one of these guys and see my own videos as
suggested content on the side.
This is the easiest favour you’ll ever do
for a fellow person.
Help them become aware before they become a
Zero-Down Guru Refugee.
Cheers
https://www.BusinessBuyerAdvantage.com
David C Barnett
Wednesday, November 4, 2020
David buys life insurance and why it makes sense for other entrepreneurs with Mark Willis
Creating
your own financial resiliency.
Mark Willis, host of Not Your Average
Financial Podcast, comes back to discuss whole life insurance policies again.
I was so intrigued last time that I went
out to learn more and have decided to buy a policy myself.
This is a liquidity tool that any
entrepreneur can leverage for greater success.
But how can it be all unicorns and
rainbows?
How can these things keep going up with
all the financial crisis all around?
I put the tough questions to Mark…
Let’s listen to him answer: https://youtu.be/SpaLbbCnqnw
Learn how to buy a successful business at https://www.BusinessBuyerAdvantage.com
Book a call with me at https://www.clarity.fm/davidbarnett
Stop missing my videos and other news. Join my email list here: https://www.DavidCBarnettList.com
Tuesday, November 3, 2020
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