Action Academy | Replace The Job You Hate With A Life You Love

What I Would Do To Replace My Six Figure Job (Within The Next SIX Months)

8 snips
Jun 5, 2025
Discover a five-step blueprint to replace a six-figure income in just six months. The discussion emphasizes crucial mindset shifts and effective collaboration for successful business acquisitions. Learn rapid strategies for finding and evaluating potential businesses, including essential due diligence. Networking and a structured timeline are key, as is having a solid profit strategy and the right support team. Get ready to turn your passions into profits and escape the job you dislike!
Ask episode
AI Snips
Chapters
Transcript
Episode notes
ADVICE

Focus on Small Business Buyout

  • To replace a six-figure income in six months, focus solely on buying a small business for cash flow.
  • Avoid real estate in this short timeline because it is better suited for long-term wealth building, not quick cash flow.
ADVICE

Leverage Through Key Partnerships

  • Build two to three key relationships: a knowledgeable business partner, a capital partner, and a lender.
  • Shift mindset from "how to work harder" to "who can help me leverage work" for exponential results.
ADVICE

Use a Three-Partner Deal Triangle

  • Form a three-partner deal with roles for knowledge, capital, and hustle.
  • Aim for a business with about double your desired income in profit to allow margin for hiring and operations.
Get the Snipd Podcast app to discover more snips from this episode
Get the app