EPISODE · Sep 26, 2024 · 1H 7M
#118 Cam Nagle | How to buy a 'boring' business (that builds your wealth)
from Money Minded · host Terry Condon
Ask us a question or suggest a topic 🤙Cam was stuck. He’d thought building wealth through real estate would be his vehicle to financial freedom, but hit a serviceability ceiling.He’d tried different careers, but nothing had really stuck. He was burned out and knew he had to reassess things.So when he came across the concept of buying an established business, he looked a little harder than most.And he found some genuine opportunities. But even though it’s a ‘buyers market’, it wasn’t easy. Finding the right business and securing finance came with some effort - but he made it happen.And in this episode he takes you inside the process and explains how it all works.Expect to learn:Why he prefers business over real estate as his vehicleWhy buying business is a buyers marketHow he got the deal done by getting two variables rightHow he’s improving his asset from day oneOwning a business is the most likely way to build wealth, and buying one that’s already been built is the ultimate cheat code. In this ep, you’ll see why. The NEW Money MentorshipLearn more about the Home Equity Accelerator here Turn insights into action with Terry's episode coach Join our podcast communityGet live updates, talk shop with us and meet like minded legends in our digital treehouse. Click here to get access now.🔗 https://www.facebook.com/groups/4609737389252111Find out your financial skill scoreDo you have the money skills to fund your goals? Take the 4 minute quiz here🔗 https://financialskill.scoreapp.com/
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Ask us a question or suggest a topic 🤙 Cam was stuck. He’d thought building wealth through real estate would be his vehicle to financial freedom, but hit a serviceability ceiling. He’d tried different careers, but nothing had really stuck. He was burned out and knew he had to reassess things. So when he came across the concept of buying an established business, he looked a little harder than most. And he found some genuine opportunities. But even though it’s a ‘buyers market’, it wasn’t easy....
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#118 Cam Nagle | How to buy a 'boring' business (that builds your wealth)
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