James been watching your videos for 5 years now and also being a Business owner of multiple shops in.🇿🇦 my fiance says im obsessed with you I don't give her time when I get off from work instead i turn the tv on and watch James sinclair 😂i want to know who were your top 3 entrepreneurs who you were listening to in terms of business knowledge. Who did you look up to top 3
As others have mentioned, an MBA is very impressive if you work in the large corporate sector. If you want to make big money invest in yourself, be entrepreneurial and follow James’ advice. You’ll never learn better than on the job and there a plenty of multi millionaires…., in fact I’d declare there are more millionaires created from SME’s than any other sector.
It seems wages are overall much lower in the UK vs densely populated states in the US. It's really tough finding retail food locations here to purchase that can support the rising wages without an owner operator. Not impossible but tough.
I've done this via M&A 3 times now, the first few months or years depending on the size are not profitable as I'm using the profits to pay back my investors (who gave me the money to acquire)
You’re a good man James, it takes a special kind of person to share genuinely great advice. I have met loads of successful business owners and not all wish to help others Thank you
Great insights on the profitability strategy; it really breaks it down. One key tactic often overlooked is optimizing operational efficiency by regularly auditing processes to cut unnecessary expenses. This can boost net profits without increasing sales. It's like fine-tuning an engine to get the best performance.
How do you find great management teams when you are first starting out? I feel this is the biggest hurdle to get over mentally. I have found countless businesses that I would love to purchase, however, I find myself stumped when I think about the day to day operations.
Great video! Insightful I’m currently where your at 3.5 years ago with my businesses & as we continue to acquire other companies it’s interesting to see your insights on the matter.
Absolutely brilliant video James, you should 100% do motivational speaking if you haven’t already 😅 I’d love to get into owning my own business but honestly don’t know how to start 😢
I speak at ton of events and conferences, all details on my website jamessinclair.net I’m also doing a theatre show with the podcast, in London, on the 10th of June.
James giving us free MBA through the university of TH-cam, thanks Prof.
James been watching your videos for 5 years now and also being a Business owner of multiple shops in.🇿🇦 my fiance says im obsessed with you I don't give her time when I get off from work instead i turn the tv on and watch James sinclair 😂i want to know who were your top 3 entrepreneurs who you were listening to in terms of business knowledge. Who did you look up to top 3
What’s your recruitment process like to find and choose management?
What’s your recruitment process like to find and choose management?
As others have mentioned, an MBA is very impressive if you work in the large corporate sector. If you want to make big money invest in yourself, be entrepreneurial and follow James’ advice. You’ll never learn better than on the job and there a plenty of multi millionaires…., in fact I’d declare there are more millionaires created from SME’s than any other sector.
Indeed, it's just another qualification to be an employee
It seems wages are overall much lower in the UK vs densely populated states in the US. It's really tough finding retail food locations here to purchase that can support the rising wages without an owner operator. Not impossible but tough.
I've done this via M&A 3 times now, the first few months or years depending on the size are not profitable as I'm using the profits to pay back my investors (who gave me the money to acquire)
Tax man drives me crazy
I feel they are the winners every year
your machine was doing 40 in a 30 yersterday as i was behind you 😂
You’re a good man James, it takes a special kind of person to share genuinely great advice. I have met loads of successful business owners and not all wish to help others
Thank you
Thank you James for the great content you do for us !!!
Great insights on the profitability strategy; it really breaks it down. One key tactic often overlooked is optimizing operational efficiency by regularly auditing processes to cut unnecessary expenses. This can boost net profits without increasing sales. It's like fine-tuning an engine to get the best performance.
Oh absolutely and I have made a ton of these videos on the channel.
Here's the thing with the UK our best entrepreneurs are selling ice cream.
Economy is literally frozen
@@robertdavies922 Not for entrepreneurs. More millionaires made in downturns. Not my words...
How do you find great management teams when you are first starting out? I feel this is the biggest hurdle to get over mentally. I have found countless businesses that I would love to purchase, however, I find myself stumped when I think about the day to day operations.
LinkedIn is brilliant for this
Hi, James. What's your opinion on cleaning businesses? Is it a good model? Thanks!
Great information, just discovered your channel👏
Good to have you here, see you in the comments!
Very insightful!! Thanks for this video, James.
Great video James, I’m loving the podcast too 😊
Glad you enjoy it! Thanks
Great video! Insightful
I’m currently where your at 3.5 years ago with my businesses & as we continue to acquire other companies it’s interesting to see your insights on the matter.
Buying percentage in profitable businesses also count as buying profits ?
Thanks for your videos James
Very welcome!
@@JamesSinclairEntrepreneuryep your a blessing thanks for being so transparent mate
Absolutely brilliant video James, you should 100% do motivational speaking if you haven’t already 😅 I’d love to get into owning my own business but honestly don’t know how to start 😢
I speak at ton of events and conferences, all details on my website jamessinclair.net
I’m also doing a theatre show with the podcast, in London, on the 10th of June.
Your content is so good and educational that I'm a strong believer that TH-cam premium is an allowable business expense because of you 😂
TH-cam premium is the best thing ever, the time you get back. Priceless!
Smashing it JS