Buying a Small Business Is EASY!!!

Scaling Mount Stupid

Some coworkers and I used to have this running joke where whenever our stocks were up 5% in a day for no reason/interest rates, we'd say, "investing is soooo easy!"

And then when they were down 5% the next day for no reason, we'd say, "Man! Investing is hard!"

Of course, the truth of the matter is much closer to the latter.

But another case where utterances of "investing is easy" are heard, with more sincerity, is from beginners who just listened to Warren Buffett for the first time.

You're pretty new to the whole thing and not really sure how to make sense of it. And then you hear him talk about $KO or something and you think, "duh, I could do that in my sleep." And then you try to go do it and, well, we all know how that goes.

I am pretty sure, after reviewing some of the basic materials from people selling courses, I am in a similar spot right now with SMB acquisition.

You're telling me I can:

-finance 80% of the deal with an SBA loan

-raise the other 20% from an investor

-pay just 2-4x cash flow

-and work only 10-20 hours a week if I pick the right business

Sign me up!!!!

If anyone has any insight into where this breaks down, your feedback is welcomed. Bonus points for personal experience!

Wouldn't that make for a great podcast? Stories of dream deals gone sideways.

Call it: How I Destroyed This.

Or maybe: The Anti-Acquired.