Why BUYING A Business Often Makes More Sense Than Building One From Scratch with Ace Chapman

Ace Chapman is a micro private equity investor who has acquired 15 offline businesses (he has sold 13 of them) and 31 online businesses. He is also the author of The Ace Formula, a book on how to buy a profitable business, starting with no money, and live life on your terms like a boss.Ace bought his first business, CoolWallStreet.com, in the late ’90s at the age of 19. He started as a member of the site which allowed users to invest virtual money in the stock market. When he sold the business in 2001, he was getting seven-figure offers.He talks about his favorite business deal which was a tanning salon that he sold only six months later for more than double profit, and shares the three key things he looked for before purchasing it.Some Topics We Discussed Include:Starting an offline businessBuying an offline businessSelling businessesManaging and marketing a businessFinding potential businesses to sellPlaces to find the best dealsLove the show? Subscribe, rate, review, and share!Here’s How »Join the Bacon Wrapped Business Community today:Bacon Wrapped Business on FacebookBrad Costanzo on FacebookBrad Costanzo on LinkedInBrad Costanzo on YouTubeBrad Costanzo on Twitter This is a public episode. If you would like to discuss this with other subscribers or get access to bonus episodes, visit bradcostanzo.substack.com