The Economics of Buying Another Business Versus Building #1932

<p><span style="font-weight: 400;">In episode #1932, Neil and Eric talk about the economics of buying another business versus building. When you’re deciding whether or not to buy a business, the number one question you should ask yourself is whether you are buying a job. To learn more about what to look out for when pursuing acquisitions, tune in today!</span></p> <p><strong>TIME-STAMPED SHOW NOTES:</strong></p> <ul> <li><strong>[00:20]</strong> <span style= "font-weight: 400;">Today’s topic: The Economics of Buying Another Business Versus Building.</span></li> <li><strong>[00:50]</strong> <span style="font-weight: 400;">Why buying a business doesn’t always need to be expensive.</span></li> <li><strong>[01:14]</strong> <span style="font-weight: 400;">Why each approach has its merits and drawbacks.</span></li> <li><strong>[01:21]</strong> <span style="font-weight: 400;">Why you shouldn’t buy a turnaround.</span></li> <li><strong>[03:25]</strong> <span style="font-weight: 400;">How to make the economics work out by buying with debt.</span></li> <li><strong>[03:57]</strong> <span style="font-weight: 400;">That’s it for today!</span></li> <li><strong>[04:07]</strong> <span style="font-weight: 400;">To stay updated with events and learn more about our mastermind, go to the</span> <a href="https://marketingschool.io/live"><span style= "font-weight: 400;">Marketing School</span></a> <span style= "font-weight: 400;">site for more information or call us on 310-349-3785!</span></li> </ul> <p> </p> <p><strong>Links Mentioned in Today’s Episode:</strong></p> <p> </p> <div style="margin-left: 2em"> <ul> <li style="font-weight: 400;" aria-level="1"><a href= "https://scalable.co/epic-challenge/"><span style= "font-weight: 400;">Epic Challenge</span></a></li> </ul> </div> <p> </p> <ul> <li style="font-weight: 400;" aria-level="1"><em><a href= "https://www.amazon.com/Buy-Then-Build-Acquisition-Entrepreneurs-ebook/dp/B07JKM2F5Q"> <span style="font-weight: 400;">Buy Then Build: How Acquisition Entrepreneurs Outsmart the Startup Gam