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:

My Amazon bookstore is here:

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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:!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.)

Wednesday, 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:

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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:

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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.




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.



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:

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