***New Video Alert!
Double the content of the original deal education modules.
Completely new sections.
If you’re planning to buy a business, don’t do it without learning how we can help you: https://youtu.be/ErWE6G8LIG8
Check video show notes for a special offer from David for new students.
Cheers
See you over on YouTube
David C Barnett
How to turn your business into a resilient fortress to protect you and your family from your mortal enemies.
New Livestream guest- Mark Willis
I’m happy to have my friend and show sponsor Mark Willis join me on a live broadcast.
As you know, Mark is a certified in financial planning and works with business owners all around the US.
Tune in and as we’ll be discussing how to make any small business stronger and more resilient and how being a business owner makes financial planning different from the advice given out to employees.
Mark and I just finished writing a book together and we’ll be discussing the covered topics in this broadcast.
This is a ‘must see event’ for anyone who owns a business or will one day.
Learn what you’ll find inside our new book, The Business Fortress. Available now on Amazon.
Be sure to join live so that you can ask questions, replay will be available.
Set yourself a reminder on YouTube here: https://youtube.com/live/uErQ8Sckbcc
We’ll be going live Monday August 18, 2025 at 1:00 PM Atlantic Time 12 Noon Eastern Time
See you there!
David C Barnett
Last week, I got back from a trip to Europe. It was part vacation, part business and full of fascinating conversations.
As some of you know, many entrepreneurs in their 40s (myself included) are in “round two” of life: new relationships, new perspectives, and, often, new ventures. On this trip, I noticed something interesting: many of the other guests were also business owners or professionals.
I found myself inside conversations about our own businesses with people ranging in age from mid-30s to late-60s, including some very seasoned entrepreneurs. https://youtu.be/2gdoI_KGSOU
One evening, a group of us started talking about the future big shifts that could reshape the economy and everyday life. Some people had already made major business moves based on these predictions.
Here’s a condensed version of the list.
Cities have always thrived because people needed to be physically close to do business. But that’s changing.
Several entrepreneurs on the trip had already sold off expensive commercial properties, believing their long-term value will fall maybe in 5–10 years, almost certainly in 20.
Why?
Telecommuting is becoming more mainstream.
The original reason to “live near the action” is fading.
Rural and smaller-town living offers a better lifestyle and lower costs.
If fewer people need to be in cities for work, demand for urban real estate could fall — and when demand drops, prices can drop fast.
If offices and retail space are worth less, city governments will feel it. Many rely heavily on commercial property taxes. Lower values mean:
Higher residential taxes or
Cuts to services
This could shift the balance of where people want to live and do business.
Autonomous vehicles could radically reduce the number of cars we need.
Imagine:
Your car drops you at work
Drives Grandpa to the bowling alley
Pick up your uncle for the dog park
Returns to get Grandpa later
If families can share fewer cars, demand for vehicles plummets and so does demand for everything tied to them (sales, repairs, fuel, parts).
One entrepreneur pointed out:
Location won’t matter for repair shops once cars can drive themselves.
Large, low-cost, centralized facilities could replace today’s high-traffic “quick lube” spots.
If you’re buying a business especially with a 10-year loan you can’t assume the world will look the same in a decade.
We already know recessions happen roughly every 10 years. Add in technological shifts, real estate changes, and evolving industries, and the long-term risk increases.
Shorter payback periods give you more flexibility and less exposure to unpredictable change.
If you’re thinking about:
Buying a business
Purchasing a building
Taking on long-term debt
…be sure to factor in big-picture trends. These shifts may not happen overnight, but over the next 5–20 years, they could dramatically reshape the business landscape.
Smart entrepreneurs look ahead and act before the change is obvious to everyone.
Don’t forget—join my email list for early access to my latest videos and insights at DavidCBarnettList.com . You’ll even receive 7 FREE gifts when you sign up.
– David C. Barnett
***New Video Alert!
Want more money?
Respect?
Power?
Status?
And you also don’t want to do any work to achieve these things?
I’ve got a deal for you: https://youtu.be/XrhH0iizUPo
Cheers
See you over on YouTube
David C Barnett
Question of the week:
When you have a vendor take-back (seller financing) in a business purchase, what exactly serves as the collateral? https://youtu.be/CzbU6DCLsVo
In most cases, the business itself is the collateral.
It works just like other secured loans:
Car loan? The car is the collateral.
Mortgage? The house is the collateral.
Vendor take-back note? The business you’re buying is the collateral.
If the buyer stops making payments, the seller can foreclose and take the business back.
A common fear from sellers is:
“What if the buyer runs the business into the ground before I get paid?”
It’s a valid concern. If the business loses value, so does their collateral.
But here’s the silver lining because the business is the collateral, the seller has a vested interest in your success. They’re often more likely to:
Provide thorough training during the transition
Stay available for mentoring
Help troubleshoot problems
The healthier the business, the more likely the seller gets paid in full.
If there’s a bank involved in the deal, hard assets like buildings, vehicles, or equipment are usually pledged to the bank first.
Buyers’ personal assets like a home are often tapped for the down payment through refinancing or a line of credit. By the time the vendor note is in place, there’s rarely much left for the seller to claim beyond the business itself.
In most small to mid-sized business deals, the vendor financing note is secured mainly by the business.
That’s why sellers who agree to it tend to remain engaged. They know their payout depends on you keeping the business healthy and profitable.
Don’t forget—join my email list for early access to my latest videos and insights at DavidCBarnettList.com . You’ll even receive 7 FREE gifts when you sign up.
– David C. Barnett
