ChemEnginerd2024
New Contributor
FASTLANE INSIDER
Read Rat-Race Escape!
Read Fastlane!
Read Unscripted!
I am curious if there are many folks on this forum that are experienced in acquiring existing businesses. I have reviewed the mainstream Business for Sale websites but find the offerings leaving much to be desired. Any ideas on good ways to find local businesses that are up for sale?
My thoughts on a possible plan of attack: Brainstorm a list of local businesses that I would consider owning. Design a plan to start cold calling the business owners. I will have to be resourceful on getting in touch with the owners. Rank the businesses and start with the least desirable businesses first as practice for my cold calling pitch. I will expect that they don't initially want to sell, but I am simply planting the seed. Perhaps with time the seed will grow, and they will eventually contact me to continue the discussion.
I hope to have more time to explore this avenue in the future as I have been thinking that acquiring a good business that has good growth potential may be what I need.
Please share your thoughts or experiences on this topic.
My thoughts on a possible plan of attack: Brainstorm a list of local businesses that I would consider owning. Design a plan to start cold calling the business owners. I will have to be resourceful on getting in touch with the owners. Rank the businesses and start with the least desirable businesses first as practice for my cold calling pitch. I will expect that they don't initially want to sell, but I am simply planting the seed. Perhaps with time the seed will grow, and they will eventually contact me to continue the discussion.
I hope to have more time to explore this avenue in the future as I have been thinking that acquiring a good business that has good growth potential may be what I need.
Please share your thoughts or experiences on this topic.
Dislike ads? Become a Fastlane member:
Subscribe today and surround yourself with winners and millionaire mentors, not those broke friends who only want to drink beer and play video games. :-)
Membership Required: Upgrade to Expose Nearly 1,000,000 Posts
Ready to Unleash the Millionaire Entrepreneur in You?
Become a member of the Fastlane Forum, the private community founded by best-selling author and multi-millionaire entrepreneur MJ DeMarco. Since 2007, MJ DeMarco has poured his heart and soul into the Fastlane Forum, helping entrepreneurs reclaim their time, win their financial freedom, and live their best life.
With more than 39,000 posts packed with insights, strategies, and advice, you’re not just a member—you’re stepping into MJ’s inner-circle, a place where you’ll never be left alone.
Become a member and gain immediate access to...
- Active Community: Ever join a community only to find it DEAD? Not at Fastlane! As you can see from our home page, life-changing content is posted dozens of times daily.
- Exclusive Insights: Direct access to MJ DeMarco’s daily contributions and wisdom.
- Powerful Networking Opportunities: Connect with a diverse group of successful entrepreneurs who can offer mentorship, collaboration, and opportunities.
- Proven Strategies: Learn from the best in the business, with actionable advice and strategies that can accelerate your success.
"You are the average of the five people you surround yourself with the most..."
Who are you surrounding yourself with? Surround yourself with millionaire success. Join Fastlane today!
Join Today