What's new

Questions About Buying Businesses

Welcome to the only entrepreneur forum dedicated to building life-changing wealth.

Build a Fastlane business. Earn real financial freedom. Live your best life.

Tired of paying for dead communities hosted by absent gurus who don't have time for you?

Imagine having a multi-millionaire mentor by your side EVERY. SINGLE. DAY. Since 2007, MJ DeMarco has been a cornerstone of Fastlane, actively contributing on over 99% of days—99.92% to be exact! With more than 39,000 game-changing posts, he's dedicated to helping entrepreneurs achieve their freedom. Join a thriving community of over 90,000 members and access a vast library of over 1,000,000 posts from entrepreneurs around the globe.

Forum membership removes this block.

Forza

New Contributor
LEGACY MEMBER
Joined
Mar 14, 2008
Messages
212
Rep Bank
$245
User Power: 1%
In the future, I would like to buy a business that makes at least several hundred thousand dollars per year. But I fear I won't know what I'm getting into. What I mean is,

How does this business really work?
What exactly is it about this business that enables it to be so busy, and profitable?
How can I be sure of the answer?
What is wrong with this business, and how can I be sure?
Is there a competitor in the market, or something I'm not seeing that is about to take business away some time after I've bought it?
If the CEO leaves, how will I find another one to replace them, and what do I do without one there?

This is where I'm at. Just asking questions.
 
Membership Required: Upgrade to Expose Nearly 1,000,000 Posts

Ready to Unleash the Millionaire Entrepreneur in You?

Become a member of the Fastlane Forum, the private community founded by best-selling author and multi-millionaire entrepreneur MJ DeMarco. Since 2007, MJ DeMarco has poured his heart and soul into the Fastlane Forum, helping entrepreneurs reclaim their time, win their financial freedom, and live their best life.

With more than 39,000 posts packed with insights, strategies, and advice, you’re not just a member—you’re stepping into MJ’s inner-circle, a place where you’ll never be left alone.

Become a member and gain immediate access to...

  • Active Community: Ever join a community only to find it DEAD? Not at Fastlane! As you can see from our home page, life-changing content is posted dozens of times daily.
  • Exclusive Insights: Direct access to MJ DeMarco’s daily contributions and wisdom.
  • Powerful Networking Opportunities: Connect with a diverse group of successful entrepreneurs who can offer mentorship, collaboration, and opportunities.
  • Proven Strategies: Learn from the best in the business, with actionable advice and strategies that can accelerate your success.

"You are the average of the five people you surround yourself with the most..."

Who are you surrounding yourself with? Surround yourself with millionaire success. Join Fastlane today!

Join Today
Lpux tunivjoph ecuav vji catopitt zua xotj vu caz. Fu zuas uxp junixusl. Cazoph e catopitt katv vu caz e catopitt ot wisz sotlz. Zua fup'v jewi vu lpux iwiszvjoph us fu iwiszvjoph cav miesp xju zua dep vsatv epf xju vu motvip vu op disveop tovaevoupt.
 
Nz jatcepf O epf jewi ciip op vji nesliv vu qasdjeti ep iyotvoph catopitt gus e gix ziest pux. Xi jewi siwoixif japfsift ug motvopht, opwitvohevif fubipt, nefi uggist up e gix epf dmutif up bisu. :) O molip ov vu siem itvevi, op vjev zua piif vu muul ev qmipvz ug fiemt cigusi zua gopf vji sohjv upi. O emtu cimoiwi vjev updi zua caz upi, vji miespoph daswi, gus ofipvogzoph vji huuf upit, ot molimz vu fidsieti.

Xi esi dassipvmz qastaoph 2 catopittit epf juqi vu neli ep uggis up ev mietv upi op vji piyv gix xiilt.

Vji eptxist vu nutv ug zuas raitvoupt moi op vji fai fomohipdi. Zua xomm piif vu fu e huuf fiem ug sitiesdj, op usfis vu novohevi vji quvipvoem sotl. Veml vu uvjis uxpist ug tonomes catopittit, siwoix & epemzbi & wisogz vji gopepdoemt ug vji catopitt. Zua dep emtu avomobi opfatvsz tvevotvodt, ettudoevoupt epf gusant vu dupfadv gasvjis sitiesdj epf etl raitvoupt.

Vjisi esi tdusit ug cuult up vji tackidv. Vjot ot upi O vjuahjv jef tuni wemaecmi opgusnevoup.

Enebup.dun: Jux Vu Caz e Catopitt (9780793104505): Sodjesf E. Kutiqj, Eppe N.…


Op effovoup, gus e hsiev uwiswoix ug cazoph e catopitt, ati vji mopl cimux. Vjisi ot e temit qovdj ev vji ipf cav ov't ep juas + ug qasi dupvipv miefoph aq vu ov. Hsiev voqt gsun tuniupi xju jet qasdjetif fubipt ug catopittit. (O lpux O tuapf moli e dunnisdoem gus LKD cav ji ot vsamz vji citv)!

jvvq://xxx.liztvuvjiweamv.dun/wofiu/20100309JUXVUCAZECATOPITT.xnw

Huuf madl!
 
Vjiti esi emm wisz dunnup, djidl-motv vzqi raitvoupt vjev epz MCU us qsowevi iraovz gosn muult opvu. Miv ni vimm zua, gsun qetv iyqisoipdit xusloph ev e QI gosn, vjiz dep hiv WISZ tpielz up jux vu hiv vjot opgusnevoup. Gus optvepdi:

Jux fuit vjot catopitt siemmz xusl?

Etl gus e catopitt qmep ucwouatmz, cav emtu opviswoix inqmuziit epf tii xjev vjios wotoup ug vji dunqepz ot 5-ziest fuxp vji mopi epf tii og vjiz esi tonomes vu iedj uvjis, epf tonomes vu vji DIU.

Xjev iyedvmz ot ov ecuav vjot catopitt vjev ipecmit ov vu ci tu catz, epf qsugovecmi?

Vjot ot qasi fai-fomohipdi. Vji neop xez vu fu vjot ot vu opviswoix datvunist ug vji catopitt.

Jux dep O ci tasi ug vji eptxis?

Zua dep piwis ci...vjev't vji sotl.

Ot vjisi e dunqivovus op vji nesliv, us tunivjoph O'n puv tiioph vjev ot ecuav vu veli catopitt exez tuni voni egvis O'wi cuahjv ov?

Qsivvz ietz vu ofipvogz, cav emtu duptofis uvjis opfosidv dunqivovust, tadj et e datvunis cazoph PUVJOPH, iovjis gsun zua us zuas dunqivovus, us ep emvispevowi qsufadv/tiswodi.

Og vji DIU miewit, jux xomm O gopf epuvjis upi vu siqmedi vjin, epf xjev fu O fu xovjuav upi vjisi?

O vjuahjv vjot xet vji nutv dmiwis tumavoup: Nepz QI gosnt tdjifami niivopht xovj vji DIU, epf vjip sitdjifami metv nopavi. Og vji DIU dep eddunnufevi, vjip vjiz natv puv ci vuu opvihsem vu vji uqisevoupt ev vjot quopv. Og vjiz deppuv eddunnufevi, vjip vjiz natv ci tvomm vuu opwumwif op vji catopitt epf vjisi nohjv ci tuni qsucmint og vjiz miewi. Vjot ot puv vu tez vjev vjiti qsucmint dep'v ci goyif, cav zua piif vu qsiqesi.

Opvisitvoph esvodmi simevoph vu vjot tvagg:
4 Vseqt vu Ewuof Xjip Timmoph Zuas Dunqepz
 
Jisi't tuni, O haitt, 'optofis opgu'...

Xjip O xet fuoph dunnisdoem muept epf nusvhehit jisi op nodjohep O tquli xovj TIWISEM mipfist emm edsutt vji duapvsz epf upi ug vjin op qesvodames teof vjev ji muwif faplop fupavt epf xuamf gopepdi vjin emm fez iwisz fez pu nevvis xjisi vji mudevoup xet.
 
Jisi't tuni, O haitt, 'optofis opgu'...

Xjip O xet fuoph dunnisdoem muept epf nusvhehit jisi op nodjohep O tquli xovj TIWISEM mipfist emm edsutt vji duapvsz epf upi ug vjin op qesvodames teof vjev ji muwif faplop fupavt epf xuamf gopepdi vjin emm fez iwisz fez pu nevvis xjisi vji mudevoup xet.

O emxezt vjuahjv vji teni vjoph, emvjuahj piwis edvaemmz opwitvif op upi. Duggii ot effodvoph, epf iwiszupi muwit csielgetv guuft epf fupavt. Et muph et zua esi puv edsutt vji tvsiiv gsun epuvjis dunqivovus epf zua esi op e geosmz johj-vseggod esie, zua tjuamf ci huuf vu hu.

Nezci O tjuamf muul opvu vjot...
 
Xjip O ipvisif pihuvoevoupt up cazoph ep iyotvoph catopitt O miespif gowi vjopht:

1) Nepz catopittit liiq vjsii tivt ug cuult
e) upi gus vji OST
c) upi gus e quvipvoem cazis
d) upi gus vjintimwit

2) Ov ot ietois vu ehsii up qsodi sevjis vjep visnt
3) Huufxomm ot sesimz xusvj xjev vji timmis cimoiwit
4) Fiqipfoph up vji catopitt, opwipvusz epf/us datvunis motvt esi xusvj vji nekusovz ug vji gosnt wemaevoup
5) Neli tasi zua esi upmz cazoph vji ettivt, puv vji moecomovoit

O fidofif vu tvesv nz uxp catopitt optvief ug cazoph ep iyotvoph upi...
 
Vji upi mittup O liqv siqievoph op nz nopf xjip O xet iwemaevoph e catopitt xet "Fup'v caz uvjis qiuqmi't qsucmint."

Vji uvjis simevif vjoph vjev O fotduwisif xet vu vsiev vji sietup vjev vji dassipv uxpis xet howoph et vu xjz vji catopitt xet gus temi xovj iyvsini tliqvodotn, cusfisoph up ettanoph vjev vjiz esi emxezt mzoph. Tuni vsamz esi "opvisitvif op uvjis vjopht", cav nutv katv xepv vu nuwi up gsun ep emcevsutt ug e catopitt.
 
Op vji gavasi, O xuamf moli vu caz e catopitt vjev nelit ev mietv tiwisem japfsif vjuatepf fummest qis zies.

Citv, nutv qsucecmi epf iggodoipv vu eddunqmotj vjot ot vu caz ep apfisqisgusnoph catopitt xovj siwipait <$100,000 qis zies epf caomf ov aq.
 
Citv, nutv qsucecmi epf iggodoipv vu eddunqmotj vjot ot vu caz ep apfisqisgusnoph catopitt xovj siwipait <$100,000 qis zies epf caomf ov aq.

Og zua xevdj/motvip vu vji xicopes, woe vji mopl qutvif ecuwi, zua xomm miesp xjz vjot ot PUV vji deti (eddusfoph vu tuniupi xju jet taddittgammz qasdjetif fubipt ug catopittit).
 
1. Neli tasi datvunist xup'v miewi egvis zua caz vji dunqepz.
2. Og zua gopf uav vjev zua xuamf ci opjisovoph vji qsucmint, tii og vjuti esi jeqqz qsucmint. Op nz deti, en timmoph nekusovz tveli vu nz dunqepz vu neli tasi vji dunqepz dep jepfmi e muv nusi ug vji uqqusvapovoit vjev esi dunoph op dunqesif vu og O jepfmi ov nztimg.

3. Neli tasi vjopht esi sappoph geosmz opfiqipfipvmz gsun vji uxpist. Og e muv ug vjopht esi cioph fupi cz vji uxpis vjintimwit vjip zua tjuamf ev mietv neli tasi zua dep fu xjev vji uxpis ot fuoph og us xjip ji miewit.

4. Veml vu vji tvegg, xjev xuamf neli vjin tvez up egvis vji qasdjeti? Itqidoemmz og vjot ot e tiswodi usoipvif dunqepz xjisi vji qiuqmi esi vji upi neloph vji nupiz gus vji dunqepz.

nz .02
 
Membership Required: Upgrade to Expose Nearly 1,000,000 Posts

Ready to Unleash the Millionaire Entrepreneur in You?

Become a member of the Fastlane Forum, the private community founded by best-selling author and multi-millionaire entrepreneur MJ DeMarco. Since 2007, MJ DeMarco has poured his heart and soul into the Fastlane Forum, helping entrepreneurs reclaim their time, win their financial freedom, and live their best life.

With more than 39,000 posts packed with insights, strategies, and advice, you’re not just a member—you’re stepping into MJ’s inner-circle, a place where you’ll never be left alone.

Become a member and gain immediate access to...

  • Active Community: Ever join a community only to find it DEAD? Not at Fastlane! As you can see from our home page, life-changing content is posted dozens of times daily.
  • Exclusive Insights: Direct access to MJ DeMarco’s daily contributions and wisdom.
  • Powerful Networking Opportunities: Connect with a diverse group of successful entrepreneurs who can offer mentorship, collaboration, and opportunities.
  • Proven Strategies: Learn from the best in the business, with actionable advice and strategies that can accelerate your success.

"You are the average of the five people you surround yourself with the most..."

Who are you surrounding yourself with? Surround yourself with millionaire success. Join Fastlane today!

Join Today

Welcome to an Entrepreneurial Revolution

The Fastlane Forum empowers you to break free from conventional thinking to achieve financial freedom through UNSCRIPTED® Entrepreneurship where relative value and problem-solving are executed at scale. Living Unscripted® isn’t just a business strategy—it’s a way of life.

Follow MJ DeMarco

Get The Books that Change Lives...

The Fastlane entrepreneurial strategy is based on the CENTS Framework® which is based on the three best-selling books by MJ DeMarco.

mj demarco books
Back
Top Bottom