Dear Friend, Look, we both know many real estate investors, stock investors and Internet marketers are struggling, and many have gone out of business.
In the next 12-18 months, 75% will be out of business, it's a fact!
And although I've taken the steps to not get hurt by these problems, I'm deeply concerned.
Most people think they have to grow in slow incremental steps. And that you have to do it alone. And you've got to build your brand by yourself. And you've got to reinvest. And you have no alternative. And that's about as crazy as it can be! Remember Indiana Jones? I'd like to share with you what I call the "Indiana Jones School of Business." Indiana Jones. Remember when he's being chased down the bazaar by the bad guys with the turbans, and he's trying to escape? He jumps into an alley and he's running. And it turns out to be a dead-end alley, and there's this god-awfully tall giant. The giant's spinning these two swords. It looks like Indiana Jones is a goner and maybe the giant is going to lop of Indie's head. And for one heartbreaking moment we think "Gosh, it's only 20 minutes in the movie. Is it over already?" Then after this moment of eerie, scary contemplation, Indie basically says "screw it," and pulls out a gun and shoots the bad guy. Well, you can change the way you play business, if you play business. You can change the way you build a business if you are going to start a business. You can change the way you relate to your employer, even if right now you're subordinate or you've been marginalized to being just another whatever. Your role is (far greater) when you grasp the power of the methodologies you will learn. This May Not Be For You... Learning how to flip businesses is not for everyone. In fact, some people get down right scared about it because they would be making too much money and they didn't have a frame of reference for making that kind of money. Imagine pulling in a six-figure salary and a multi-7 figure payday. That's more money than most people make in a lifetime. If you think you can handle that kind of money then keep reading. If you are looking for the 4-hour workweek then you need to go somewhere else. I know that's kind of harsh, but it needs to be said. I am only looking for apprentices and partners that want true wealth, not someone that expects me to do all the work for them and tell them to just push a button and you will get rich. We all know that junk does not work anyway. Buying and flipping a business is a secretive business. Learn them and you are set for life. The Movie "Pretty Woman" Do you remember a movie called "Pretty Woman" with Richard Gere and Julia Roberts? Gere played a playboy billionaire who traveled the world buying companies, breaking them apart and selling them for more than they were worth. He had a private jet, stayed and the best locations, traveled the world, met celebrities and high profile people and led the life of the "ULTRA" rich. I loved that movie not only for the love story but for the secretive world that Gere was in. Very few people do what he does. It was exclusive. It was fun. It was hugely profitable. I wanted in that club. So I decided to go to school and learn everything I could about buying and selling businesses and got an MBA in finance. I thought I was going to go work finance company like Goldman Sachs or KKR and learn all about business arbitrage (the buying and selling of companies). It turns out that in order to work for one of the big boys you need a degree from Harvard or Wharton or Yale. I had a good degree, just not good enough. Plus in doing more research I found out that rookies in the business put in 100 plus hours a week working like dogs and don't get access to how deals actually work. That's reserved for the big boys like Gere in the Pretty Woman movie. So I started doing my own research on how to find companies that I could buy. Not billion dollar companies, like Gere, but $100,000 - $500,000 company's. I wanted to get my feet wet on something smaller (since I had no experience) where I could practice and hone my skills. What I quickly found out is that there is a huge market for buying and selling companies. Wall street companies want to buy companies that are worth $100,000,000 or more. They are willing to pay 12-15x earnings. Mergers & acquisitions companies look for multiple companies that they can "roll up" or combine together to get to the magic $100mm figure and then sell to wall street. M&A companies are willing to pay 8-12x earnings. Private equity firms pay 5-8x earnings and look for companies doing in excess of $10mm gross sales. Private equity companies sell to M& A companies. Individuals and small companies like you and me pay 1-3x earnings and we sell either to other buyers in the market or to the private equity companies once we get close to that $10mm threshold. So here is the beauty of all this and your and my opportunity. None of the big boys are interested in companies that do less that $10mm in annual sales. It is too expensive for them to do the research and due diligence so they just pass on all of those deals. According to multiple sources there are almost 500,000 small businesses that are for sale at any given time. And, get this... there are even more small businesses that want to sell but don't know how. This means when you follow my model of looking for businesses that are doing $1mm-$5mm in gross sales and use what I teach you to grow the company that you can get a huge payday. Let's look at another example. Let's take a company that has annual revenue of about $1.5mm. Its earnings are $300,000. I go in and buy the company with none of my own money (I'll show you how). In most cases I like to keep the owner in place (you will understand why this makes your life super easy) to run the day-to-day operations as we bring in a new operations person who gets trained by the owner to take over. Then using some proven marketing strategies (I'll reveal these secrets) we grow the company quickly (typically we triple a companies profit in 8-12 months). So if we triple the company's profit from $300,000 to $900,000 we can actually sell to a private equity firm for a higher multiple of around 6. In other words we get to sell the company for $4.6 million dollars. If you subtract out the $300,000 we paid we get a net profit of $4.3 million dollars. Plus while we grew the company we were pulling a salary/management fee of around $5,000-$20,000 a month. Do you like these numbers? If they feel confusing, don't worry because I will walk you through everything in detail at the training. Just keep thinking about the part where you got paid $5,000-$20,000 a month until you sold it and made $4.3 million profit. Can you say cha-ching? Let me tell you I am revealing secrets of how people are raking in cold hard cash without having to buy houses, do short sales or own any property whatsoever. No stock investing. No cash or credit is required. In fact, we are using the businesses own cash to buy the company. Think About This... Just one idea from one me that helps you make an extra $100,000+ (in management/salary alone) this year is enough to make this Flipping Businesses Bootcamp the best investment you make in 2013! (Not everyone will be allowed to attend! No Pikers, No Tire kickers and No Whiners!) Plus, you will learn cutting-edge ideas and meet other investors and business owners from around the world who attend the Bootcamp.
And we’re just getting started…In Just 2 Info-Packed Days!
(VIP Members Only)
Sorry to be blunt -- but to survive in 2013 and beyond, you have to stop thinking so much about your "survival" -- and more about your process! As you know, the real estate business isn't what it used to be. The Real Estate market has entered the dreaded double-dip. Internet marketing has only the top guru's getting rich selling programs. The media has been pounding
investors with negative information, saying that things are bad -- the
ride is over. Everywhere you turn someone is nay-saying real estate,
talking trash about the American Dream of home-ownership... and bashing
the ultimate American business dream of nearly every rich person in the
U.S.A.!
These never
before disclosed strategies and tactics are what's going to help you
build a booming, recession-proof business, for 2013... and beyond. If only they knew a handful of tactics that helped them change with the times... Let me share the success of two orderlies who bought a hospital. These two guys worked as orderlies at a hospital while trying to go through medical school. One day the orderlies got called into the head administrator's office. The administrator wanted to let them know that the hospital was currently for sale because they were losing money. It turns out that the hospital was only at 65% capacity and that due to competition in the area they could not keep the hospital full. The administrator told them that if they could not find a buyer that the non-profit company that owned the hospital would have to shut it down and liquidate the assets. Ultimately, everyone was going to lose their jobs and the administrator wanted to give them a heads up so they could find other work. The entire staff at the hospital were depressed and down in the dumps, except for the orderlies. They decided to create a limited partnership where they could bring in others (investors) who did not have say in how the partnership was run but that the partners would share in the profit and growth of the partnership. The general partners (the orderlies) get to run everything. They determine what happens with the entity but they do not put up any money. The orderlies also get a monthly management fee (similar to a salary) for running the partnership. Plus, they get to share in the profits and appreciation as well. So in this case with the hospital the orderlies had to answer one critical question. Who controls the customer flow for the hospital? Who answers for the hospital? The answer was pretty simple. The doctors of course! The doctors decide where they want to work (which hospital), they refer patients and perform operations and check ups. The second critical question the orderlies had to answer was do the doctors (who control the flow) have funds to invest and would they be incentivized to own the business they help generate. The orderlies started contacting doctors in their area and showed what the hospital was doing now at 65% occupancy and what would happen at 75%, 85%, and 95% capacity. They showed how the hospital would be super profitable, even potentially generating millions of dollars a month. The orderlies figured out that to get to 90% capacity it would require having 70 doctors. They contacted 70 different doctors who each put up $100,000 or $7,000,000 total. They had already negotiated to buy the hospital for $5,000,000 from the non-profit. So that left them with $2,000,000 that went right into the pockets of the two orderlies for putting the deal together. N So the orderlies got $2,000,000 up front plus a share of all the profits and appreciation and a management fee every month. That sure beats being unemployed, wouldn't you agree? That's just another example of out-of-the-box thinking. Me and my team can help you with deals like these (only if you need us of course)
Let's face it, some people make money in ALL markets (ask Warren Buffet) because they stay ahead of the trends and are constantly learning new ideas. Let me share another example with you. I recently bought a company that was doing about $4mm in gross revenue with about $2.1 a year net. So it was profitable and had very high margins. The owner was interested in selling for $3mm. I talked to the owner and asked him if he would be willing to delay his sale if he could get a smaller piece of a much larger pie.
It turns out the owner had reached his "skill set" limit of growing the company (very common) but always wanted to create a national brand and expand the business. He just did not know how. I showed him how we could take his company to the national level by bringing in the right staff who had already done it before and grow the company from $4mm today to around $15mm in 24-36 months. By doing so it would allow us to sell the company to a M&A company at 8-12x. So if he sold today he would get a max of $3mm. If he waits we could sell the company for around $36-$55 million dollars. In this case he got to keep 51% and I got 49%. So the owner would get 51% of $40mm (just taking the middle figure) or $20,400,000. That's a whole lot better than the $3mm he would get today. I would get $19,600,000. Now I am sure you are asking yourself (after you pick yourself up off the floor that is) "Mike, that's great but how much did it cost to buy the company and where did you get the money?" We'll those are the secrets that I will teach you at the training and prove it to you with contracts and paperwork. Plus, I will go into the step-by-step how you can duplicate it yourself or with us as part of your team. No cash out of pocket. I sure hope you are as excited about Flipping Businesses as I am. This is whole new world of opportunity and it's time for you to get your piece of the pie. Are you ready?
So I've arranged it so you can... Your parents may have told you "watch out who you hang out with". Well, in some sense, they were right, particularly when it comes to financial success. Who you surround yourself with in business will generally determine how much you make. To increase your business and your income, you need to be exposed to the type of people who think and act the way in which you need to think.
Do you want a 6-figure salary? NO PROBLEM. Do you want a 7-figure payday down the road? NO PROBLEM. If you think you have what it takes to learn these secrets I have some bad news. Unfortunately I can't just take your word for it. Just because you could cut a check does not mean that you will be allowed to go. I mentioned a couple of times but, this is an apprentice program not a home-study course. If you want to attend you have to explain to me why you think you should be allowed to go. The bootcamp involves some 14 years of acquisition experience about real and completed LBO'S ( LEVERAGED BUYOUTS) of some well known companies all done on a shoestring budget, using the assets of the acquired companies as the collateral for the acquisition of the businesses. The bootcamp is taught in such a way as to allow even a relatively inexperienced buyer to find and to complete the transaction, as the step-by-step plan is designed specifically for that purpose. As an apprentice you will have access to our team in the entire process if necessary so that you are not out there all alone. The entire process is broken down to easy to follow and organized steps what start with describing how the process of structuring an LBO works, and then guides the apprentice though the individual steps needed to identify the business to be acquired (or acquire the business you now work for by yourself or with other employees). Every step of the process is documented day by day to accomplish the first transaction in a period of 60 working days as the optimum result! Since the acquisition process is geared to minimize the funds needed from the buyer and concentrates on using the leverageable assets of the acquired company, the buyer will minimize the use of his own funds...that is the whole basis of a properly structured LBO. You heard the term "OTHER PEOPLE'S MONEY"? A properly structured LBO is the best of use of borrowed funds; the bank's! Banks are very interested in financing a properly structured acquisition since they want to lend money! The bootcamp also contains a variety of helpful and ready to use forms and agreements that can be easily used to close the deal including a Draft Stock Purchase Agreement. Most valuable is the INFORMATIONAL QUESTIONNAIRE, which provides you with all the questions to ask relating to the business, its operations and financial statements, and will be the document you can share with your lenders for financing. You will be able to evaluate the entire business, its history of operations and intricacies like a pro, without having to spend hundreds of thousands of dollars on hiring a battery of professionals to do that job for you. The ability to buy a business, literally any business is now in your hands. Depending on your available free capital there is no limit to the possibilities of what can be acquired. When you apply to attend and are accepted, you will not be alone in the process.
Everything you need to completely crush it in 2013 will be in the room during this 2-day Flipping Businesses Bootcamp training.
The only uncertainty is, WILL YOU BE THERE? Well, I hope so, but if you don't hurry and apply for access, you might not be allowed in.
Seating is limited so please Apply For Your Seat Now before it's too late!
If you have any questions, please feel free to contact us. We look forward to hearing from you, answering your questions and seeing you at the Flipping Businesses training. Your partner in success, Mike Warren P. S. - Make sure you bring an open mind, because this event will be one of the best cash generating opportunities you will ever have and more. Do you need to watch this webinar again? Click here to access it instantly
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