Found this article the other day, definitely an interesting read. I see a couple flaws for me personally but I want to hear your guys' opinions first!
How to Acquire a Company Using a Leverage Buyout | Nerd Business Blog
"But nevermind the big corporations. For the small business owner or an individual starting with little or nothing: leveraged buyouts can effectively help you skip the 2 to 5 years it generally takes to build a strong company.
What this means is that instead of wasting years painfully trying to grow your business with your own money: you can take over an existing business and begin reaping the rewards within literally weeks or a few months.
For this reason - many people, particularly those of us who already own our own businesses - experience a paradigm shift after learning about how to do leveraged buyouts. Because we suddenly see the potential for a totally new way to go about building a successful business.
We assumed the way to do it was by saving up the initial capital by scavenging every penny and pressuring friends and family to come up with some money.
Then by starting the business from scratch and working 15 hour days while putting your savings and everything you've got on the line."
How to Acquire a Company Using a Leverage Buyout | Nerd Business Blog
"But nevermind the big corporations. For the small business owner or an individual starting with little or nothing: leveraged buyouts can effectively help you skip the 2 to 5 years it generally takes to build a strong company.
What this means is that instead of wasting years painfully trying to grow your business with your own money: you can take over an existing business and begin reaping the rewards within literally weeks or a few months.
For this reason - many people, particularly those of us who already own our own businesses - experience a paradigm shift after learning about how to do leveraged buyouts. Because we suddenly see the potential for a totally new way to go about building a successful business.
We assumed the way to do it was by saving up the initial capital by scavenging every penny and pressuring friends and family to come up with some money.
Then by starting the business from scratch and working 15 hour days while putting your savings and everything you've got on the line."
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