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Buying businesses in the UK and trading Gold

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SteveHassanali

New Contributor
Read Fastlane!
Joined
Oct 22, 2024
Messages
1
Location
United Kingdom
Rep Bank
$135
User Power: 100%
Just wanted to give a short intro to myself. After reading this FF book a few years ago I picked it up again a few weeks ago for some inspiration. I am at a point where things I put in place a few years ago are starting to pay off and wanted to connect with likeminded people to share ideas, make relationships and even do business with.

The first longer term activity I have been working on is buying heavy asset based businesses from baby boomers. Even though I have been involved in a number of mentoring groups one that I joined around 18 months ago has finally landed a deal. I have over 30 businesses in the pipeline and we are going though one and are in the due diligence phase. These are typically businesses that have a T/O over >£3m, EBIDTA>£300k, low debt and owners that are willing to stay active in the deal for at least 12 months and accept deferred payments of 5 years. The businesses are bought using an LBO method and little to no cash in. You can imagine these are few and far between but its not a get rich quick method!

Happy to explain more to anyone in this field and share ideas, leads, knowledge etc. Mergers and acquisitions – Business Consultancy Management Solutions

I have also been trading forex for around 10 years suffering huge losses. Over the last 6 months I have equipped myself with another great Gold trading group and have been profitable for the last 2 months. Not a get rich quick scheme and you need to put the learning time in but happy to explain more on that too: https://www.livegoldsignals.com/

Great to meet you all and look forward in making those relationships!

Regards

Steve
 
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Access Restricted: Unlock 1,000,000+ Posts

Stop Peeking Through the Keyhole.
Open the Door.

You hit a wall because the best advice isn't free—it's earned. Since 2007, MJ DeMarco has been active here daily (99.9% active rate), building a war room for entrepreneurs who refuse to settle for mediocrity.

  • Active Daily: Life-changing content posted dozens of times every day. No dead threads.
  • MJ's Inner Circle: Direct access to the author of The Millionaire Fastlane.
  • Vetted Network: Connect with founders scaling to 7 and 8 figures.
  • Proven Roadmaps: Strategy over motivation. Execution over "hustle porn."
"SCALED TO 6-FIGURE MONTHS"
"Tips and advice here saved me from huge mistakes, others allowed me to scale my business to 6-figure months."
— User MitchC
"INSANE QUALITY OF PEOPLE"
"The number of high quality people I've met from this forum has been insane. All of it predicated on building real value."
— User Richard Peck

"You are the average of the five people you surround yourself with."
Are you surrounding yourself with success?

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