Business School is hosted by Sharran Srivatsaa, President of Real (TSX: REAX) (NASDAQ: REAX), the fastest-growing, publicly-traded, real estate brokerage in the world. Sharran grew Teles Properties by 10x in 5 years to $3.4 Billion in sales and eventually sold the business to Douglas Elliman. Sharran is also an accomplished “deal guy” and private equity investor. He is the Chairman of private equity firm Highland Prime which focuses on investing in service-businesses and also the Chairman of ARC Multifamily Group which focuses on value-add multifamily investment projects. Sharran is a former Goldman Sachs and Credit Suisse banker and a sought after keynote speaker and is the creator of the wildly-popular 5am Club call for Entrepreneurs. On this podcast, Sharran shares his best secrets on how to grow your business strategically, how to build your brand elegantly, most importantly integrate the profits in your business with an overall joyful life. For more free resources visit Sharran.com
https://www.sharran.com/podcast/
episode 70: Build or Buy a Business with Moran Pober
Today’s episode is an excellent follow up to Sharran’s talk on buying a business with zero money down. Moran Pober, an authority on buying companies, is here to share his insights on this topic. Moran served three years in the IDF (Israel Defense Forces) before transitioning to the business world. As an entrepreneur and investor, he has had extensive dealings with multiple 7-figure companies. He decided to start Acquisitions.com to make acquisitions accessible to the masses. This interview brings a wealth of information. It’s like attending a masterclass on acquisitions. If you’re thinking about starting a business, you don’t want to miss this episode.
“You need to believe that if you find the right deal, you'll be able to find the capital.”
- Moran Pober
Timestamps:
00:00 Meet Moran Pober, the authority on buying companies and investing in businesses
01:17 The staggering truth about getting a business off the ground
03:05 The better alternative to being chained to a high paying job
04:34 Where do you get the money to buy a business
06:09 How to use a combination of rebate and seller financing
10:40 Finding the upstream and downstream in the value chain
15:06 A fantastic example of how someone created a billion-dollar company in 6 months
19:34 Stop looking for certainty in an uncertain world
26:45 Are you an actual business owner, or are you just self-employed (know the difference)
29:34 Do you need industry-specific skill and experience when investing in a niche market
33:20 The benefits of joining masterminds
34:25 Learn the first step to buying a business
37:06 Try this simple tip to find great deals
39:01 Why and how Moran Pober got into acquisitions
Resources:
- Grab Sharran’s 4-Week MBA for Free
- The CASHFLOW Quadrant by Robert Kiyosaki
Connect with Moran Pober:
- Website
- YouTube
Connect with Sharran:
- Website