136: KingMakers - the shift to investing in offline businesses

Kylon Gienger is the president of KingMakers, an investment fund and accelerator for small business buyers. He founded and operated multiple business investments in the construction, food service, fitness, real estate, online education, and digital marketing industries. On this episode, Kylon talks about investing in small businesses that would potentially grow to a million-dollar business, with the help of his company, the KingMakers. He explains some key points in strategically building industry by starting with leverage and having a partnership to successfully pay the loan and gain the profit. There are more ideas and lessons to learn here, so listen in! Where we are: Johnny FD - Sri Lanka Sam Marks - Barcelona Links: Website: KingMakers.co New Site: Acquira.com Patreon: Patreon.com/InvestLikeABoss Sponsor: DiversyFund.com – Use coupon code BOSS20 Time Stamps: 06:01 – The idea of building over buying a business 09:22 – The start of KingMakers 12:00 – Taking business commission by website’s affiliate links 19:41 – Buying businesses and growth plans 24:48 – How an investor creates profit in buying a business by a leverage 28:57 – “Turn the profit knob and start earning those dollars back eventually and exit for a lot more than you paid for” - Kylon Gienger 30:51 – Kylon explains the minority and majority share to a business 33:50 – “When working with a business partner, you want to make sure that you work well together” - Kylon Gienger 34:58 – Managing and analyzing the business for the best quality 40:57 – Reinvesting in dying businesses and earning profit from it 43:42 – How business partnership operates 49:50 - Eliminating failures in the business 52:29 – The best ways to manage the business If you enjoyed this episode, do us a favor and share it! Also if you haven't already, please take a minute to leave us a 5-star review on iTunes and claim your bonus here!  Copyright 2019. All rights reserved. Read our disclaimer here.