Most people think entrepreneurship means starting a company from scratch. That's the hard way. While Emily and I built Simplified from zero, the statistics are brutal: most startups fail. There's a much smarter path to business ownership that requires less capital, less risk, and delivers faster returns. It's called leveraged buyouts (LBO), and it's how we've acquired multiple businesses since moving back to Pensacola.
Money Matters: The Income Acquisition Strategy That Changes Everything
Here's the wealth creation secret nobody talks about: you can buy profitable businesses for using government-backed loans. We're in the middle of what experts call "the next gold rush" - 70 million baby boomers are retiring, and two-thirds of small businesses are owned by boomers. These aren't glamorous businesses. We're talking about AC repair companies, dry cleaners, plumbing services, rental management companies, and lock smith’s to name a few examples.
Let me show you the exact math that changed our lives.
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