What it takes to buy a business - is this for you? | Jonathan Jay | Buying A Business | 2023
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- เผยแพร่เมื่อ 16 เม.ย. 2018
- Your free training on how to buy a business without cash is here: bit.ly/3UJJIN0
Are you tired of working for someone else and dreaming of financial independence? In this video, we will explore how to buy an existing business with business acquisition strategy expert Jonathan Jay.
With over 20 years of experience in various businesses, Jonathan Jay knows the ins and outs of business mergers and acquisitions. He shares his secrets to success and how he discovered the benefits of owning a business that someone else wants to buy from you.
By buying a business, you have cash flow from day one instead of risking everything on a startup that might fail. Jonathan Jay emphasises the importance of owning a business that you can sell because businesses that are reliant on the owner are unsaleable.
In this 12-step process, Jonathan Jay shows you how to find a business to buy, close the deal, fix the business, and finally, sell it. The combination of buying and selling businesses is a magical combination and just one deal can change your life.
Whether you want to do it on your own or work with Jonathan Jay, anyone can follow this process. It's a great way to build a portfolio of businesses that you can own and then sell to achieve financial independence. Join us to learn more about business acquisition and how it can change your life!
If you enjoyed this video and would like to take the next step to learn the best ways of buying a business, without risking your own cash, you can access my free training at bit.ly/3UJJIN0
Thank you!
dear jonathan,
If I can't analyze a business and I have money, can I pay a professional business analyzer to analyze that business for me that I want to buy?
The Business that i want to buy and hold it forever to have a income .
this man needs more recognition
Love this. More power!
Im so excited I cant wait to do the course!
did you sign up how did it go?
Love this 👍
Thanks Ariix
wise words
Can you recommend a platform to buy a business from like EmpireFlippers? Or is your advice to not make use of such platforms?
Hi I’m venerando just discovered you here after searching business acquisition and I find your videos extremely informative. Thank you for this. Have you done deals in the US? or mainly UK? i was stationed in the UK 20 years ago at RAF Alconbury in Huntingdon.
Hi - I'm UK based only
nice
what i interest in, is to buy business and hold for myself?
I am the manager of a small business. The business owner wants to sell. Should my position mean the business is worth a different amount to me than it would be someone from outside the business?
Danny Whittingham possibly. You might perceive opportunities a third party might not
Nice 👍
thanks Mark
- Tell me a few words about yourself;
- Well, okay...
Hi Jonathan I am the founder of start up which we are pitching for investment for. We are looking to pilot our business model by buying an existing business with a similar customer and framework. Our concept is nailed down and have lots of interest but not the capital to launch it ourselves. Do you think you can help us with your seminars
you need to learn how to raise capital from private or institutional investors in your case
you have to be persuasive in your language to get it done and back it up with technical or economic data as well
rehearse out loud your sales pitch in mirror or record your voice on your smartphone and have it screened or evaluated by a third party coach or mentor
I do the same when I prepare to talk on phone with potential sellers of established profitable businesses that I found either online or thorugh brokers or off market by sneding old fashioned letters in mail
Love the idea! Can this really work? Ermm, Im on the fence......
Not as easy as this bloke says.
@@sak079 I don't say it's easy - it just isn't so difficult when you know how - like anything!
@@sak079 I don't say it's easy - it just isn't so difficult when you know how - like anything!
@@sak079 This fear mentality is what holds you and 99% of people back from realising your dreams
@@highstakes1235 It's not fear - its being practical. What the bloke in the video is discussing is incredibly difficult to implement without a couple of things 1) Credability or failing that the ability to fake credability in the eyes of a seller. In fact its so hard to implement the guy would rather teach it, than do it full time.
For me
That's good to know
hello
Hi Jonathan - why do you teach this strategy when you could just be doing it and making a fortune without additional competition? As you mentioned, most people doing it don't teach it.
biddelyboo1 but I do! Every day! And I do rather well. There are 5 million businesses in the U.K. - I’m only interested in a handful.
It's because as Jonathan writes in one of his books at some point its no longer about money. It's about fulfillment and being able to help other person so that it transforms their life.
Why can’t people just let others do something for a co-benefit. Sure, he benefits from this to some degree but maybe he’s doing it out of good will
Build EV but killing the earth
Asian born business man
who is?
Why do you say you have not worked for anyone else in your whole life? That's surely a big lie.
no - it's not a 'big lie'. I've never worked for anyone else. How can someone who calls themselves a 'top digital entrepreneur' not understand how someone else can be an entrepreneur?
Neither have I . A lot of people are very independent
you can learn a lot if you work for a big famous corporation especially if you can get access to sensitive data or know-how or industrial processes or learn the ropes so to speak but be careful what it is written in your employment contract a top notch corporation has those employment contracts with sneaky provisions that should in theory and practice protect them from their employees becoming potential future competitors in the marketplace
I had such a contract with that provision when I worked for a big German railway+air+road transportation and logistics big corporation in my native country it's irrelevant the name
be careful if/when you imitate or apply those concepts in your future business acquisitions or investments from your former employer
make friends quickly with their senior employees and buy them drinks or whatever to make them indirectly tell you as much as possible about how that corporation runs and what are their main advantages and weaknesses