51: Business Opportunity Is Knocking… Answer the Door! With Nigel Guisinger

<p>This show is a wake-up call for young and hungry entrepreneurs.</p><p>The main message: there is a massive wealth transfer underway in this country. An entire generation of business owners is reaching retirement age, and most don't have a clear succession plan in place.</p><p>So... who takes over these successful businesses?</p><p>Why not YOU?</p><p>That's the topic of today's show with <strong>Nigel Guisinger</strong>, an Oregon-based real estate investor who's also owned an appliance store, a glass company, and a laundromat among other ventures.</p><p>In this episode, you'll learn how to identify business owners who are part of this big shift (think "Millionaire Next Door" types). You'll learn how to approach them and open a conversation about succession plans. AND you'll hear Nigel's tips for buying businesses using seller financing—an effective strategy he's personally used to great effect.</p><p>You'll love how passionate Nigel is when it comes to the opportunities available to hungry investors—and the real-world stories he tells to bring these concepts to life. So listen to this episode, then identify a local business you could see yourself taking over someday soon.</p><p>Don't forget to subscribe to the BiggerPockets Business Podcast so you won't miss the next episode... and we'll see you next Tuesday!</p><p><br></p><p><strong>In This Episode We Cover:</strong></p><ul><li>How to <strong>buy a business</strong></li><li>Nigel's "<strong>the weak zebra</strong>" business strategy</li><li>The 3 things you can <strong>negotiate</strong></li><li>Why he thinks there is so much <strong>opportunity right now</strong></li><li>The <strong>first thing to check</strong> when buying a business</li><li>What it means to have a <strong>succession plan</strong> in your business</li><li>What he means by <strong>not leaving behind</strong> a single business</li><li>How to make sellers become <strong>partners</strong></li><li><strong>And SO much more!</strong></li></ul><p><br></p><p><strong>Links from the Show</str