Why Most People Will Never Get Rich | Chad Johnson - Truth Hurts EP 71

In today’s episode, Chad Johnson, a mergers and acquisitions expert, shares how his rough upbringing shaped his relentless drive for business success. He reveals why traditional financial vehicles like 401(k)s and IRAs won't make you wealthy and explains the power of buying and selling businesses to build true wealth. Chad also discusses the critical importance of recognizing burnout and making smart exits to maintain financial growth.

In this episode:

- The strategy of using 10% down to purchase a multi-million dollar business and generate substantial annual income.

- How to leverage business acquisitions and sales to create lasting financial freedom.

- Recognizing burnout is crucial; selling your business when passion fades can pave the way for greater success.

- Leveraging business deals strategically is key to achieving long-term wealth and financial freedom.

🚨↘️ Chad’s Links ↙️🚨

Instagram: https://www.instagram.com/realchadpeterson/

YouTube: @chadpeterson715

https://konect.to/chadpeterson

Timestamps:

0:00 Introduction

5:36 How do sell your business?

7:16 How you can buy a business for 10% down

12:30 Parents should BUY their children businesses

21:20 Is the Church FAILING us!?

23:29 Are 401Ks a SCAM?

25:21 Most influencers ONLY make money off their course

30:46 A big business can RUIN your marriage

50:05 Chad's advice to aspiring business owners

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