My guest in this episode is Ace Chapman. A college dropout, Ace bought his first business at 19 with some savings from a summer job and caught the business buying bug. Over the last 16 years he has bought 40 businesses. Everything ranging from a Mortgage Company to a Clothing Retailer.
Right now he is seeing an explosion in the market for businesses under $2,000,000. Millions of Baby Boomer business owners will bring their business to market in the next decade so they can retire. At the same time, many entrepreneurs are realizing the risks associated with starting from scratch and are deciding to buy an existing profitable business instead.
Ace helps entrepreneurs understand how and when to sell their business. He also works with first time business buyers to help them find, do due diligence, and finance small business acquisitions.
753: Dave Wolcott: Opportunity Investing In Times Of Crisis
My guest in this episode is Dave Wolcott. Dave started his career serving the country as a Captain in the Marine Corps. In 2000 he and his wife won the baby lottery by having triplets which inspired him to challenge the traditional financial planning advice of Wall Street. He then started an obsessive journey…
752: Brett Swarts: Building A Tax Deferred Exit Strategy
My guest in this episode is Brett Swarts. Brett is the Founder of Capital Gains Tax Solutions. Each year, he equips hundreds of business professionals with the Deferred Sales Trust tool to help their high net worth clients solve capital gains tax deferral limitations. His experience includes numerous Deferred Sales Trusts, Delaware Statutory Trusts, 10…
751: Gene Trowbridge: What You Need To Know Syndicating Real Estate Deals
My guest in this episode is Gene Trowbridge from Trowbridge Law Group. Gene has been in the commercial and investment real estate business continuously since 1972 and in the legal profession since 1996. Awarded the CCIM designation in 1977, Gene continues to serve as a member of the CCIM faculty and achieved Senior Emeritus Instructor status, upon 40 years…