Building wealth through business acquisitions.

Discussion in 'Getting Ahead: Careers, Finance and Productivity' started by jxsilicon9, Feb 5, 2013.

  1. jxsilicon9

    jxsilicon9 Active Member

    How many people are building wealth through business acquisitions? Its the best and fastest way to build wealth. You should start with this book.

    How to Buy a Great Business With No Cash Down by Arnold S. Goldstein

    And then you should look into The Tycoon Playbook and other courses when you get some business experience under your belt. I gained most of my knowledge in mergers and acquisitions by working with private equity firms and experience.
     
  2. LuvVanillaIC

    LuvVanillaIC Active Member

    I haven't read Goldstein's book but he's probably focusing on strategies such as leveraging the equity in an ongoing business and targeting and engaging the right investment partners. There are certainly ways to do this but conditions have to be right to successfully pull it off. All said, this probably is one of the better ways to quickly build or enhance wealth in today's economic climate.
     
  3. jxsilicon9

    jxsilicon9 Active Member

    Yea it focuses on that and also other strategies. Its definitely a good starter book.There are hundreds of ways to purchase companies. But from my experience you definitely need to learn how to negotiate and pick up on what the owner wants from the sale.
     

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