The Most Overlooked Way to Build Wealth Right Now

Synopsis

Shaan's college friend Dan Certner explains how he bought a (used designer) bag business and doubled it in 18 months: finding the right business, forgivable seller notes, meeting the seller, negotiating terms, the real profit underneath the listing, exit strategy and what 'fun to run' means. They end with a live coin-flip deal where Shaan and Dan will buy a business together.

Ideas in this episode

• Search-fund small business acquisition

  Dan Certner describes buying a used designer bag business, using tools like forgivable seller notes, and doubling it in 18 months.

• Buying cash-flowing lifestyle businesses

  Dan Certner explains how he bought a used-designer-bag business and doubled it in 18 months with forgivable seller notes, the real profit underneath the listing and what 'fun to run' means, ending with a live coin-flip deal where Shaan and Dan will buy a business together.