071: Ace Chapman - Business Flipping 101

I love watching Bar Rescue, House Flippers and pretty much any show where someone comes in and turns around a business and/or home. Why do I love it? Because I get great ideas for my clients and myself. What if you could flip a business? I mean buy it, reap income, sell it for a profit and on to the next? Well you can and my guest has been doing it for over sixteen years. At the age of 19 Ace Chapman bought his first business. From there he went on to sell and buy and buy and sell businesses of all kinds. He currently owns 35 internet-based businesses and is looking to grow that number to 100. Why does he do it? How can you do it? Why should you even be thinking about starting your career as an entrepreneur with someone else's company? Ace shares his secrets for buying AND selling businesses and shares with us the questions you need to be asking. He also shares how he bounces back from failure. Ace Chapman bought his first business when he was nineteen. It was an online stock market simulator called CoolWallStreet. After selling it and seeing the benefits in buying a business over starting one, he caught the business buying bug. Since then he has bought and sold over forty businesses and has helped his clients all over the world buy over one hundred businesses.  www.acechapman.com