Action Academy | Millionaire Mentorship For Your Life & Business

1.8 HOURS Of Everything I Know About Buying $1M-$3M Small Businesses (For Free)

16 snips
Feb 10, 2026
A deep walkthrough on buying $1M–$3M small businesses, covering why to pair acquisitions with real estate and how to replace a six-figure salary. Practical talk on valuation multiples, down payment norms, and key diligence risk areas. Advice on finding partners, structuring operating agreements, and where to source deals. Plus timelines, underwriting practice with ChatGPT, and broker engagement tips.
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INSIGHT

Cost Of Not Knowing What You Don't Know

  • Not knowing what you don't know is a major barrier; learn to map your gaps quickly.
  • Every year you delay learning business buying skills can cost you materially over time.
ADVICE

Buy A Company With Partner-Funded Down Payment

  • You can buy a $1M company with effectively zero out-of-pocket by using capital partners to fund the 10% down.
  • Structure the partner to cover the down payment and give them a profit share; you operate and scale the business.
ADVICE

Realistic Deal Timeline

  • Timeline: learn and network in May, outreach June–Aug, LOI by September, close by November.
  • Aim for 90-day diligence and avoid December closings since they slip to January.
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