I Made $50M Buying & Running Boring Businesses

Episode 681: Sam Parr ( https://x.com/theSamParr ) and Shaan Puri ( https://x.com/ShaanVP ) talk to Brent Beshore ( https://x.com/BrentBeshore ) about buying profitable businesses. 

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Show Notes: 

(0:00) $50K/yr to 9 figures

(6:04) Accidentally buying a $1M business for $0

(11:06) Just In Time learning

(14:11) Buying cash flow businesses

(20:30) Private equity or index?

(24:26) Buffett's near-death experience

(32:54) How to buy your first small business

(36:02) Brent's one-liner speed run

(47:33) Shaan asks Brent how to hire a CEO

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Links:

• Permanent Equity - https://www.permanentequity.com/ 

• Enneagram Test - https://enneagramtest.com/ 

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Check Out Shaan's Stuff:

• Shaan's weekly email - https://www.shaanpuri.com 

• Visit https://www.somewhere.com/mfm to hire worldwide talent like Shaan and get $500 off for being an MFM listener. Hire developers, assistants, marketing pros, sales teams and more for 80% less than US equivalents.

• Mercury - Need a bank for your company? Go check out Mercury (mercury.com). Shaan uses it for all of his companies!

Mercury is a financial technology company, not an FDIC-insured bank. Banking services provided by Choice Financial Group, Column, N.A., and Evolve Bank & Trust, Members FDIC

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Check Out Sam's Stuff:

• Hampton - https://www.joinhampton.com/

• Ideation Bootcamp - https://www.ideationbootcamp.co/

• Copy That - https://copythat.com

• Hampton Wealth Survey - https://joinhampton.com/wealth

• Sam’s List - http://samslist.co/

My First Million is a HubSpot Original Podcast // Brought to you by The HubSpot Podcast Network // Production by Arie Desormeaux // Editing by Ezra Bakker Trupiano