Beyond 8 Figures Building Wealth Through Acquisition Entrepreneurship with Ben Kelly, Acquisition Ace
Building wealth through acquisition entrepreneurship is becoming more and more predominant among business owners and those yet to leap into entrepreneurship. Instead of starting a business from zero, acquisition entrepreneurs start by buying an existing operation and then using their knowledge to create a greater impact. In today’s episode, our guest Ben Kelly shares his unconventional journey of entrepreneurship through business acquisitions. He talks about the many benefits of buying a business, why it’s such an incredible business opportunity, and what it takes to become a successful acquisition entrepreneur.
About Ben Kelly:
Ben Kelly is an inspiring acquisition entrepreneur who acquired and scaled five businesses with little to no cash upfront. Ben went from being a former Army Intelligence Officer to serving JPMorgan Bank’s largest clients as a Private Banking Associate. He then took more control of his career by founding a fitness SaaS startup with a fellow army veteran and jumping into entrepreneurship. Currently serving as the head of Acquisition Ace, Ben is committed to building a portfolio of healthy businesses and helping others do the same - all through the increasingly popular acquisition entrepreneurship model.
Episode highlights
- Acquisition entrepreneurship is an incredible business opportunity for building true wealth, achieving financial freedom, and finally, living the life you’ve always wanted to live. (02:37)
- Anyone can pursue entrepreneurship through acquisitions, but not everyone can make it in the field. But as long as you’re ready to roll up your sleeves, you don’t have to be an expert in everything to thrive as an acquisition entrepreneur. (06:57)
- There are many benefits to buying an existing business instead of starting a new one from scratch. You can piggyback off someone else's hard work and vision, get in the driver’s seat, and hit the gas pedal. (13:00)
- Success looks different for everyone, especially in business. But you shouldn’t tie your success in acquisition entrepreneurship to just numbers; instead, aim to discover an alternative means to an end to keep yourself going. (27:34)
- Anyone can acquire a business, but not everyone can be great at it. Having the right mindset and being open-minded are just some of the traits that show you’re cut out to be an acquisition entrepreneur. (30:22)
Ben’s best advice for entrepreneurs:
“It just hit me like a ton of bricks. The clients I'm serving have a hundred times more wealth than I do. And all of them are business owners. I'm serving them because they're the ones who have the wealth. [...] So it just kind of hit me that real wealth was created through assets and having an asset that produced a tangible product that helped people and through that building wealth.” (02:47)Connect with Ben:
Resources Mentioned:
Follow Beyond 8 Figures: