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The Money Expert: From $0 to Millions In 2 Years Without Any Hard Work!: Codie Sanchez
The Diary Of A CEO with Steven Bartlett
Industry Competence is not that Important When Buying Small Businesses
The key to buying small businesses is understanding the deal, reading financial statements like balance sheets and profit, and loss statements, and being able to connect with experts who can provide answers. While industry competence can be helpful, it is not a critical factor. Leveraging platforms like Reddit with industry professionals can provide valuable insights, and seeking advice from experts can help in overcoming the fear of the unknown and acquiring the needed knowledge and skills to run a business successfully.
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