Episode #
Should You Buy a Business as a New Entrepreneur? #1719
April 29, 2021

Should You Buy a Business as a New Entrepreneur?

In episode #1719, we explore the topic of whether new entrepreneurs should buy existing businesses. The fact is that when a person is at the beginning of their entrepreneurial journey, they still have a lot of mistakes to make before they can level up. Tune in and hear why it is a better idea to make these mistakes while starting a business than after buying one.

TIME-STAMPED SHOW NOTES:

  • [00:25] Today’s topic: Should You Buy a Business as a New Entrepreneur?
  • [00:30] The value of making rookie mistakes before buying a business.
  • [01:45] The mistakes Eric made in the first few businesses he bought.
  • [02:56] Making junior mistakes can bring a higher level business down.
  • [03:08] If you don’t beat your current level, you cant get to the next one.
  • [03:19] Please rate, review, and subscribe to this podcast!

 

Links Mentioned in Today’s Episode:

Leave Some Feedback:

 

 

  • What should we talk about next? Please let us know in the comments below
  • Did you enjoy this episode? If so, please leave a short review.

 

 

Connect with Us: 

 

Discover Latest Episodes

Episode
Where Remote Work Fails
July 08, 2025

In this episode #3001, Eric Siu and Neil Patel discuss the challenges and benefits of remote work, the push for in-person collaboration to boost accountability, and how direct communication impacts te...

Episode
Alex Becker’s Smart YouTube SaaS Strategy, What Is Spectacle Marketing?
July 07, 2025

In this episode #3000, Eric Siu and Neil Patel discuss how to leverage YouTube for business growth by focusing on content quality over flashy production. They explore the good and bad of spectacle mar...

Episode
Inside The Mind of a $500M Entrepreneur
July 04, 2025

Jess Mah went from an immigrant family in a small New York apartment to building a $500M net worth—without a trust fund. In this episode, we unpack the mindset, strategies, and wild experiments that...