THE BUSINESS OF DELIVERING MONEY TO THE MASSES IS UNDERGOING MASSIVE DISRUPTION!
Fact 1: 11,000 boomers turn 65 YEARS OLD EVERY DAY and a hell of a lot of them own money service businesses. The Boomer generation owns more businesses today than any generation in history!
Fact 2: Family members of these Boomers don’t want to take over the family business! So… Boomers need to sell! It’s a BUYERS MARKET!
Fact 3: We have been, and will continue to be a “society of Debtors & Creditors!” It’s simply a fact of life.
Fact 4: Startups fail. They fail OFTEN! Why start when you can buy? Acquire, grow, innovate, increase profits, build an ASSET… Acquisition Entrepreneurs do not start companies from scratch. They acquire companies with established customers, brand awareness, employees, and most importantly
revenue and PROFITS.
Acquisition Entrepreneurship
Magical Recipe = combine an existing small business’ profitable infrastructure + innovation + entrepreneurs drive and energy.
Fact 5: When Boomers sell, they need to put their proceeds to work! A CD with Wells Fargo earning <2% ain’t going to cut it! Better? Seller financing!
Fact 6: Existing businesses that are able to embrace the disruptive technologies attacking them experience GREATER SUCCESS than startups. OLD DOGS with NEW TRICKS easily withstand disruption in an industry! The OLD DOGS benefit from existing infrastructure, industry insight and existing customers panting for
superior loan products and immediate gratification.