Action Academy | Millionaire Mentorship For Your Life & Business How James Bought 6 Cash-Flowing Small Businesses ($12,000,000 Rev) Within 12 Months w/ James Richardson
33 snips
Sep 20, 2023 James Richardson, an entrepreneur and business acquisition expert, discusses his journey of buying multiple small businesses and building a portfolio. They talk about valuing businesses, identifying red flags, analyzing business numbers, and the importance of buying a successful business. The guest emphasizes the importance of having a vision and offers closing advice on buying your first business.
Chapters
Transcript
Episode notes
1 2 3 4 5 6 7
Introduction
00:00 • 3min
Business Valuation and Portfolio Growth
03:28 • 2min
The Importance of Having a Vision
05:09 • 24min
Identifying Red Flags and Risks in Business Acquisitions
29:05 • 2min
Analyzing Business Numbers and Avoiding Turnaround Ventures
30:42 • 1min
The Importance of Buying a Successful Business
32:11 • 12min
Closing Advice on Buying Your First Business
43:45 • 2min