CamBro Conversations

293) Jeremy Harbour - How to Buy & Scale Businesses Without Using Your Own Money

12 snips
Feb 9, 2025
In this insightful discussion, Jeremy Harbour, a globally recognized expert in mergers and acquisitions and founder of Unity Group, unveils his secrets to acquiring and scaling businesses without using personal funds. He explains acquisition entrepreneurship and shares twelve strategies for buying businesses with little to no capital. Jeremy also highlights the significance of mergers and public listings, the biggest pitfalls in buying or selling, and the importance of effective systems to enhance business value. His journey is a treasure trove of actionable insights for aspiring entrepreneurs.
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INSIGHT

Acquisition Entrepreneurship

  • Acquisition entrepreneurship means buying an existing business instead of starting from scratch.
  • This avoids the high failure rate of startups and allows for faster growth.
INSIGHT

Business Succession

  • Many small to medium-sized businesses lack succession plans, creating acquisition opportunities.
  • Baby boomers retiring and younger generations' preferences contribute to this trend.
ANECDOTE

Early Influences

  • Jeremy Harbour's upbringing on a farm with diverse side hustles influenced his entrepreneurial spirit.
  • His parents' approach to money encouraged him to explore different income streams.
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