Shownotes
No cash out of pocket deals aren’t the same thing as no money down, and they can be win-win deals for both the buyer and seller.
On today’s episode, host Roland Frasier talks about how to think like an EPIC investor. Some people think there’s always a loser when you do a deal, but Roland doesn’t agree. He has a philosophy of collaboration and what he calls a fairness zone. He believes it’s possible for both parties to walk away with a situation and a deal they’re happy with. In a no money down deal, the seller leaves the closing with nothing to show for it. With no cash out of pocket, they’re getting money; it just doesn’t come from your personal bank account. EPIC investing is all about ethical deals, creative solutions, and building wealth.
Listen in as Roland shares his step-by-step process of acquiring a business with zero cash.
IN THIS EPISODE YOU’LL LEARN:
- What the acronym EPIC stands for (and why)
- How to negotiate for what you want in an ethical way
- 30 referral sources when you’re looking to acquire
- Creative alternatives to paying cash
LINKS AND RESOURCES MENTIONED IN THIS EPISODE:
OUR PARTNERS:
Thanks so much for joining us this week. Want to subscribe to Business Lunch? Have some feedback you’d like to share? Connect with us on iTunes and leave us a review!
Mentioned in this episode:
Get Scalable Live - THE PREMIER EVENT FOR BUSINESS OWNERS
Over 3 days, network and collaborate with fellow entrepreneurs and CEOs to build a ‘recession proof’ plan to scale your company to 8-figures and beyond, and…leave knowing 2023 is going to be your best year yet!
Get Scalable Live