Do No-Money-Down Deals Really Exist?
Many assume that in order to acquire profitable concerns, that a strategy known as "No Money Down" can be used. But as Nick explains in this episode, there's a difference between "No Money Down" and "Other People's Money"
Find out now if you’re building a high-value, exitable business (even if you have no immediate plans to sell it). You’ll get an instant PDF report with powerful insights specifically tailored to your business in just 4 minutes.
https://highvalueexit.scoreapp.com/
KEY TAKEAWAYS
No-Money-Down is a term that originated mainly in the property space, denoting a scenario in which investors were able to begin their journey without the need for money of their own. Other People's Money is different from No-Money Down, as it explicitly means that other people's investment capital is being leveraged. When people invest their lives into a business, then they have done so with the intention of gaining some kind of reward in the long run. If you are fixating on a No Money Down deal, then you must be prepared for potential letdowns. Remember that it's better to spend a little and get something that works, than take s chance on something that might be fundamentally broken.BEST MOMENTS
'It's dangerous to buy into the marketing without doing your due diligence'
'I prefer to use the term "Other People's Money"'
'Leverage is such an important term'
VALUABLE RESOURCES
Scale Up with Nick Bradley: scaleup.vip/podcast
Scale Up Your Business, coaching/consulting: https://suyb.global
To download a free gift from Nick - The 5 Reasons Why Your Business
Will Never Get To 8-Figures ... How To Fix It Fast! - https://www.scaleupmastermind.com/free-guide1
Take the SUYB Predictable Growth Assessment™, to measure your current business performance
and show you where to focus next to get to where you want to be: https://scaleup.vip/PredictableGrowthAssessment
ABOUT THE HOST
Nick Bradley is a renowned entrepreneur, investor, speaker, and business growth expert.
His background is growing and scaling Venture Capital and Private Equity backed businesses globally.
Over the last decade, he has completed 117 acquisitions and 25 business exits with a combined valuation of over $5bn dollars.His mission is to help business founders build valuable businesses and create life-changing exits so they can realise freedom, wealth, and impact.
CONTACT METHOD
Work with Nick: https://highvalueexit.com
Nick’s Facebook page: https://highvalueexit.com/fb
Nick’s LinkedIn: https://highvalueexit.com/li
Nick’s Instagram: https://highvalueexit.com/ig
