The Side Hustle Show 655: How to Earn $200k/Year in Semi-Passive Income Through Small Business Acquisitions
67 snips
Feb 10, 2025 Link Moser, an entrepreneur thriving through semi-passive income generated by small business acquisitions, shares his insights. He explains why acquiring existing businesses could be easier than starting from scratch. Listeners learn crafty negotiation tactics and how to forge relationships with business owners. He discusses the time management and logistics behind overseeing multiple acquisitions and emphasizes the importance of trust and transparency during transactions. Moser’s journey reveals innovative strategies for building wealth with minimal involvement.
AI Snips
Chapters
Transcript
Episode notes
Accidental Recurring Revenue
- Link Moser started building websites and offering hosting services around the same time he got into real estate in the mid-90s.
- This recurring revenue model, though unintentional at first, became a cornerstone of his business.
Proactive Acquisition
- Proactively seek out acquisition opportunities, even if businesses aren't actively for sale.
- Send personalized letters to potential sellers, expressing interest in future acquisitions.
Target Smaller Businesses
- Focus on acquiring smaller businesses with a recurring revenue model.
- Look for businesses with a manageable number of clients and a focus on hosting or similar services.