They wake up at 6 a.m. and solve real problems. So when I see a 23-year-old “guru” in a rented Lambo preaching financial freedom by selling you a $997 course on how to launch a passive income empire… I get angry.
Young Entrepreneurs, Let’s Get Real About Buying Main Street Businesses
Here’s my game plan: bootstrap and stack. Buy a small service business, grow it, and use the cash flow to buy another. It’s like how private equity folks build empires, but without the fancy suits and corner offices. Focus on industries with low entry barriers—maybe a lawn care company or a niche cleaning service. And don’t sleep on seller training; that six-month runway can save you from face-planting. It’s not sexy, but it’s smart. Slow and steady wins the race, not chasing Instagram pipe dreams.