Episode #
Should You Buy or Build A Business #1848
September 05, 2021

In episode #1848, we share our thoughts on whether it is best to buy or build a business. While buying businesses is typically easier to do, this is only true if you know how to run one, which requires building one. That being said, building businesses is very risky! Tune in to hear how to work out which one to do first.

TIME-STAMPED SHOW NOTES:

  • [00:25] Today’s topic: Should You Buy Or Build A Business?
  • [00:25] It is easier to buy but Neil prefers building.
  • [00:50] Learning how businesses work by building before buying.
  • [01:25] What Eric learned about building through buying Single Grain.
  • [02:07] The elements that make building a business risky.
  • [02:58] Looking at your strengths and playing to those.
  • [03:06] Knowing if the M&A game is your long-term strategy.
  • [05:09] That’s it for today!
  • [05:10] Go to marketingschool.io/live to learn more about our upcoming live event.

 

Get ad-free listening plus exclusive content with Marketing School Pro. Try for free at http://www.marketingschool.io/pro

 

Links Mentioned in Today’s Episode:

 

HBR Guide To Buying A Small Business

Start With Why

 

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
This Ex-Advisor Reveals the REAL Path to Wealth
February 28, 2024

Humphrey Yang discusses the financial challenges faced by younger generations and offers insights on building wealth. He highlights the significance of saving and investing, recommending a focus on in...

Episode
Counterintuitive YouTube ads strategy, Google’s 7-11-4 rule, Multiplying content using AI, Amazon’s excellent operations & more
February 28, 2024

In episode #2687, Eric Siu, Ralph Burns, Kasim Aslam, and Neil Patel discuss various strategies and insights related to AI in marketing. They share their experiences and highlight what has been workin...

Episode
Google’s huge flop with woke Gemini, Google’s search results getting worse, and Google News Showing Political Bias
February 27, 2024

In episode #2686, we delve into the issue of political bias in Google News and its implications on the information people consume. We refer to a study conducted by AllSides, revealing that 61% of the ...