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.
Cardiac Cowboys
The heart was always off-limits to surgeons. Cutting into it spelled instant death for the patient. That is, until a ragtag group of doctors scattered across the Midwest and Texas decided to throw out the rule book. Working in makeshift laboratories and home garages, using medical devices made from scavenged machine parts and beer tubes, these men and women invented the field of open heart surgery. Odds are, someone you know is alive because of them. So why has history left them behind? Presented by Chris Pine, CARDIAC COWBOYS tells the gripping true story behind the birth of heart surgery, and the young, Greatest Generation doctors who made it happen. For years, they competed and feuded, racing to be the first, the best, and the most prolific. Some appeared on the cover of Time Magazine, operated on kings and advised presidents. Others ended up disgraced, penniless, and convicted of felonies. Together, they ignited a revolution in medicine, and changed the world.
The Joe Rogan Experience
The official podcast of comedian Joe Rogan.