How to Buy a $2.3m Business with $100k | Burk Adams Interview

Burk Adams tapped his 401k to buy a business that reinvented his career, gave him back time, and catapulted his wealth.

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About

I’ve been an entrepreneur for most of my career, primarily building online media brands. I sold a few of those businesses, but I’ve never been on the buyer's side of the table. Recently I became curious about buying a business.

I found myself browsing the for-sale business marketplaces, imagining the possibilities. And while there were plenty of listings to explore, I couldn’t find much information to guide me through the process of acquiring a business. Unlike start-a-business entrepreneurship, there are not countless channels and podcasts devoted to buy-a-business entrepreneurship.
There are still fewer public stories about entrepreneurs who have taken the plunge to buy a business and done well — though I knew such successes are plentiful.

Acquiring Minds is a channel to both correct that, and educate me on the journey toward buying a business. Business acquisition is an exciting prospect, and I intend for Acquiring Minds to make the path more accessible to myself and others.