50. The Baby Boomer Inheritance Anyone Can Get In On (Even You)

The wealth-building opportunity of a generation ends in 2035. Smart money (Wall Street and private equity firms) is already taking advantage. Most Americans either don’t know about it or think they can’t share in the profits. This couldn’t be more wrong.   If you hesitate over the next decade and don’t take advantage of the unparalleled opportunity to come, you, like many Americans, may stand to regret it. I took advantage of opportunities like this in 2008 when everyone thought I was crazy. Fast forward nearly two decades, and we have $400M in assets to show for it.    Everyone thinks the Baby Boomers are only leaving behind a massive inheritance to their children, spending it on medical care, or splurging on travel and leisure—not quite. 60% of boomer businesses—boring businesses like HVAC, plumbing, drywall, and electrical businesses—have zero succession plan. Their kids aren’t inheriting them—they will merely stop functioning. What if you could buy that business (for cheaper than you think) and use it to produce income for decades to come?   I’m buying these businesses right now. And today, I’m showing you how to, too.   Insights from today’s episode:  The wealth-building opportunity of a generation (and why we only have so much time left) Baby Boomer businesses for sale that cost less than a house but generate high income Proof that “smart money” is putting billions of dollars into “boring businesses” many overlook  How to buy a business for cheap, improve it, and make it worth multiples more  Moving yourself from “income” to “owner” class in the American economy  — How to Invest with Just $10 (Fractional Investing Explained) - https://youtu.be/eTDCbHXfwmI?si=_SxeA5lMo5DnAIwO  ✍️ Sign Up for my Newsletter! I share news and advice weekly about: business, entrepreneurship, economics, finance, commercial real estate and more! - https://ajosborne.com/newsletter?el=pc-ajo-ep50  ▶️ I am hosting a FREE 3-part webinar series where I will be diving into how to identify if a business is even worth buying, how to structure the deal, and how to build systems that let you run a profitable business. Date and time will be announced soon! Save your seat here: www.ajosborne.com/webinar