Dealmaker Wealth Society

I always wanted to be 6’ 5“ tall 😜

"Carl, I joined your business buying challenge because I needed that extra push and accountability."

We've heard this many times over the past 30 days...

You see, last month we launched the first-ever Business Buying Challenge.

Our Dealmaker tribe loved it so much that we're doing it again!

On July 16th, we're launching Business Buying Challenge #2.

Are you up for the challenge?

Go here to find out more.

Challenge Video - Dealmaker Wealth Society ATTENTION: Ambitious Employees, Consultants, and Business Owners Looking To Help Restart Our Economy.. Unleash The Entrepreneur Within In 2021… Make a fully funded offer to purchase a business in 10 days or less. Sign up For The Business Buying Challenge Now! Buy a Business? Purchase a Busines...

“What type of business should I buy?”

I’m asked this fundamental question at least once every single day.

My standard response is, “Stay in your lane.”

Buy a business in a sector that you know something about, have a passion for, and will complement your skills and experience.

Simple, right?

But I recently discovered a Japanese model for adding a lot more art and science into this conversation…

It’s called IKIGAI.

The literal translation is “reason for being.”

The origin of the word dates back to the Heian period (A.D. 794–1185) so it’s been around for a very long time.

Let’s see how we can use this to nail the perfect business to buy…

Ikigai lies at the center of four overlapping circles:

What you LOVE
What the world NEEDS
What you are GOOD AT
What you can be PAID FOR.

Keep Reading: https://bit.ly/2SSgXBM

Most of us are taught that if you want to be an entrepreneur, you need to start from scratch, do a side hustle, launch something online, etc.

But I think that’s the WRONG approach to business ownership.

Because starting a business suffers from what I call the “NO” problem.

You have…

NO product-market fit.
NO financial capital.
NO employees.
NO customers.
NO products.
NO relationships.

It's why 96% of businesses fail within 10 years...

AND why starting a business from scratch is the HARDEST way to become an entrepreneur.

There’s too much RISK!

But what if you could turn all those NOs into YES’s?

By BUYING a business instead.

My book Business Buying Secrets will walk you through the stats and steps that will make business acquisition a NO BRAINER!

Get your copy here: https://bit.ly/3bhWqg8

Motivation Monday
“Business opportunities are like buses, there’s always another one coming.”
– Richard Branson

Here's your wisdom for the day:

"Everything is negotiable."

It never hurts to ask.

There are many techniques you can use to originate deals – leveraging your network, social media, direct approaches, contacting business brokers, attending events, corporate carve-outs…

And so on.

But no matter what deal origination technique you use, there are FIVE rules you must sear into your brain to make it successful:

Deal origination is a numbers game.
Deal origination is 90% psychology.
Deal origination is a machine, an ongoing process.
Deal origination starts with your mindset.
Deal origination is about relationships.

Now let’s discuss what they are and why they are important.

Follow this link for more: https://bit.ly/3wSkvm6

Motivation Monday
“Success is not final; failure is not fatal: it is the courage to continue that counts.”

– Winston Churchill