Mistakes to Avoid When Buying a Business
In this video, I share my personal experience of buying a failing business and the top 3 things I would avoid while buying a business. Learn from my mistakes, and discover how to make better informed decisions when it comes to starting or buying a business. Don't forget to subscribe for more entrepreneurship tips and stories!
00:00 Introduction
00:16 Mistake #1: Taking out a loan to start a business
00:55 Mark Cuban's advice on loans
01:26 Mistake #2: Not knowing your business partner well enough
02:32 Mistake #3: Not doing enough research
Our goal is to retire by 2035 and we've found that career and personal finances are going to get us there the quickest. We also have stocks, investment properties, royalties, and social media income. Follow our journey as we showcase even the most intimate of financial and professional details.
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