Buying a business sounds easy—but is it the right move? In this episode, Todd and the crew break down the real differences between buying and starting a business, the traps of “boring business” advice online, and how to apply the Do Business Method™ for real success.
Chapters:
00:00:00 - Introduction
00:00:38 - Should You Buy or Start a Business?
00:00:50 - The Concept of 'Boring Businesses'
00:03:23 - The Reality of Running a Business
00:04:50 - The Importance of Relationships in Business
00:06:01 - The Influence of Business Influencers
00:09:05 - The Value of Experience in Business
00:09:28 - The Motivation Behind Buying a Business
00:12:26 - The Advantages of Running a Business
00:15:08 - Conclusion: Starting vs Buying a Business
00:16:03 - The Concept of Buying an ATM Business
00:16:53 - The Reality of Running an ATM Business
00:19:55 - The Potential of Owning a Parking Lot Business
00:22:17 - The Importance of Focus and Consistency in Business
00:25:53 - The Potential of Owning a Storage Facility Business
00:28:20 - The Importance of Research in Business
00:28:30 - The Do Business Method
00:30:28 - The Importance of Consistency and Focus in Business
00:30:38 - The Role of Leadership in Business
00:30:55 - The Impact of Diversification in Business
00:31:46 - The Concept of Exiting a Business
00:33:34 - The Pros and Cons of Starting a Business
00:34:18 - The Importance of Staying Within Your Sphere of Expertise
00:37:39 - The Value of Experiences in Business
00:41:11 - The Potential of Owning a Valet Business
00:43:16 - Advice on Buying a Business
00:45:31 - The Concept of a Log Line
00:46:15 - Understanding Youth Slang in Business
00:46:56 - The Trap of Freedom in Business
00:47:25 - The Importance of Authenticity in Business
Popular Podcasts
Stuff You Should Know
If you've ever wanted to know about champagne, satanism, the Stonewall Uprising, chaos theory, LSD, El Nino, true crime and Rosa Parks, then look no further. Josh and Chuck have you covered.
Las Culturistas with Matt Rogers and Bowen Yang
Ding dong! Join your culture consultants, Matt Rogers and Bowen Yang, on an unforgettable journey into the beating heart of CULTURE. Alongside sizzling special guests, they GET INTO the hottest pop-culture moments of the day and the formative cultural experiences that turned them into Culturistas. Produced by the Big Money Players Network and iHeartRadio.
Crime Junkie
Does hearing about a true crime case always leave you scouring the internet for the truth behind the story? Dive into your next mystery with Crime Junkie. Every Monday, join your host Ashley Flowers as she unravels all the details of infamous and underreported true crime cases with her best friend Brit Prawat. From cold cases to missing persons and heroes in our community who seek justice, Crime Junkie is your destination for theories and stories you won’t hear anywhere else. Whether you're a seasoned true crime enthusiast or new to the genre, you'll find yourself on the edge of your seat awaiting a new episode every Monday. If you can never get enough true crime... Congratulations, you’ve found your people. Follow to join a community of Crime Junkies! Crime Junkie is presented by audiochuck Media Company.