Ep. 120: Army NCO to Business Owner by Acquiring a Small Business with John Hubbard

If you listen to this show, I hope you've learned about the options available through Entrepreneurship Through Acquisition.  You may think you need to be a Harvard MBA with millions in the bank to make this happen, but today's guest is here to tell you why that is not the case. 

After a few army buddies told John Hubbard that he should consider business acquisition, he thought he'd look into it.  At the time, John was out of the army, working as a cop, and didn't have a fancy MBA.  He went onto Searchfunder.com and posted something to the tune of "I'm a veteran and want to buy a business."  He then got dozens of emails from investors looking to invest in him and within a few months, he acquired a business.  

His first meeting with an investor they met at a bar and got wings and beer.  They chatted about business for 20 minutes and then the guy said, "You sound cool.  I'll give you $200k.  Now I'd like to hear about Afghanistan because that's really interesting."

This strategy is way more approachable than you think.