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Erika Taught Me
99% of Business Owners Make This Mistake
May 7, 2024
Entrepreneur Erika Kullberg discusses the benefits of buying an existing business over starting one from scratch. Topics include choosing profitable businesses, advantages of purchasing established businesses, and essential steps for buying and growing a business. Learn simple strategies for building wealth and enhancing business success!
47:39
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Quick takeaways
- Buying an existing business aligns with skill sets, maximizing success and profitability.
- Focus on simple, profitable businesses with clear cash flow for financial viability.
Deep dives
Owning Your Unfair Advantage in Business
Identifying and utilizing your unique skills to excel in entrepreneurship is crucial. By aligning what you know how to do with the business you want to buy, you can maximize success. Businesses with proven profitability, simplicity, and operators can set the foundation for future acquisitions.
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Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode