I had a great interview with David Shriner-Cahn about mastermind groups.
I know several of you have seen my videos over the years talking about the value I find in my own group.
In this podcast, David and I share our insights into how to create a mastermind and we also tell you how you can work with us and learn to build your own mastermind group to enhance your business.
I got a great piece of feedback the other day on
YouTube.
Wayne tells me that ‘any idiot’ can put a deal
together to buy a business without using their own money otherwise ‘leveraged
buy outs’ would not exist.
This week I’ll explain to you what a leveraged buy out
is, how it works, and we’ll see if a person with no money could actually pull
it off.
I know that you’re all anxious to find out if you’d be
an idiot under Wayne’s definition.
Learn how to buy a business successfully with my
Business Buyer Advantage Program. You
can access the course at www.BusinessBuyerAdvantage.com
and learn more about how it works from this video I made a few weeks ago: https://youtu.be/ooixMSaFf6Y
Please remember to like and share this article, it’s the only way
the people who run the internet have of knowing if the content is any good or
not. The more you share, the more likely someone who needs this information
will be able to find it.
If you’re into podcasts, you can now easily subscribe to the
audio of all my new videos on iTunes.
This summer & fall I’ll be in St. John’s, Newfoundland, NYC,
Orlando & Toronto. Find out more and
sign up at http://davidbarnett.eventbrite.com
I discuss buying a business as an alternative to starting one and highlight the importance of actually starting and getting into the game of business.... 23 minutes.
Ian has an opportunity to lend money to a
not-for-profit community group. Is this
a good idea and what about security, foreclosure, etc?
I’ve had the chance to be involved with a few
situations which involved community groups borrowing money, some worked out ok,
some did not.
Direct lending can create a great opportunity for
returns, but only if you’re prepared for all the things that could go wrong and
you’ve prepared yourself properly.
Learn more in this video where I talk about my
experiences with community groups borrowing money: https://youtu.be/_OYrCpPW004
Learn how to make money with private loans and leases
by reading my 2014 best-selling book, Invest Local,
or my taking my online course at www.LocalInvestingCourse.com
where you get hours of video tutorials and all the documents and paperwork that
I used in my own deals. 30-day guarantee, no risk for you.
Please remember to like and share this article, it’s the only way
the people who run the internet have of knowing if the content is any good or
not. The more you share, the more likely someone who needs this information
will be able to find it.
Sign up for my weekly e-mail. Easy unsubscribe at any time as I use
MailChimp and I’m not interested in harassing people who don’t want to hear
from me.
If you’re into podcasts, you can now easily subscribe to the
audio of all my new videos on iTunes.
I’ve never tried.
I believe in keeping light on your feet and moving fast.
When I had a conversation with the owner of a small
manufacturer, I was reminded why I often advise businesses to lease property
instead of owning. It gives you more
flexibility.
This guy had a problem with zoning and needed help so
he could mortgage the building and get operating capital.
My red flags went up and within a few questions I had
identified the real problem… one he was working hard to avoid.
As one of my favourite authors, Ayn Rand, once said,
‘you can ignore reality, but you can’t ignore the consequences of ignoring
reality.’
Learn more in this story I tell about the businessman
so concerned about zoning that he forgot why he was in business: https://youtu.be/lwORvoJ_xeY
Make your business easier to run, more profitable and
more easily sold when the day comes by implementing the 13 steps of my Build a
Business That People Will Want to Buy System.
Learn more and enroll at www.EasySmallBizSystems.com.
30-day guarantee, no risk for you.
Please remember to like and share this article, it’s the only way
the people who run the internet have of knowing if the content is any good or
not. The more you share, the more likely someone who needs this information
will be able to find it.
Go to www.DavidCBarnett.com
and sign up for my weekly e-mail. Easy unsubscribe at any time as I use
MailChimp and I’m not interested in harassing people who don’t want to hear
from me.
If you’re into podcasts, you can now easily subscribe to the
audio of all my new videos on iTunes.
A YouTube viewer asked me, ‘…when my banker says that
the business is overpriced and the debt-service coverage ratio doesn’t work,
what does it mean and should I just try other banks?’
Basically, bankers are concerned that there is enough
cash left after expenses to make their loan payments... plus a little extra for
unforeseen expenses. Pretty good idea, eh?
So how can an owner ask so much for a business that
there isn’t even enough cash to make the loan payments? I’ve seen it happen
over and over and over and over and over again.
Watch and see how this happens and why you need to
understand how to spot these bad deals before they waste a bunch of your time
and your bankers.
Educate yourself about buying a business before you
waste a bunch of your time and money on crappy deals. Learn more
about my online course at www.BusinessBuyerAdvantage.com.
My comprehensive program has been used by hundreds of
people who now know how to avoid crappy deals and save their time. There’s no risk at all for you to enroll as
the program comes with a 30 day money-back guarantee. You can see how my whole buyer system works
in this video from a few weeks ago: https://youtu.be/ooixMSaFf6Y
Please remember to like and share this article, it’s the only way
the people who run the internet have of knowing if the content is any good or
not. The more you share, the more likely someone who needs this information
will be able to find it.
Look to the left... sign up for my e-mail list. Easy unsubscribe at any time as I use
MailChimp and I’m not interested in harassing people for who don’t want to hear
from me.
**Summer reading special. Get all 4 of my books (Invest Local,
Franchise Warnings, Credit Card Advantage and How To Sell My Own Business) for
one low price with FREE WORLDWIDE SHIPPING. Just in time for summer. [Order
here]
I’m coming to Toronto on May 10, 2017. Seats are
already filling up. Find my current and future live events here: http://davidbarnett.eventbrite.ca
.
