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
Bonus episode #3: A sneak peek of what our AOA hangouts look like
May 18, 2024

In this bonus episode, we give you a sneak peek into what our Agency Owners Association (AOA) hangouts look like. Join us in a dynamic coaching call as we discuss the challenges of scaling agencies an...

Episode
Our thoughts on Alex Hormozi’s content shift, Is ‘giving value’ overrated, & Underrated vs overrated marketers
May 17, 2024

In episode #2741, we discuss how content creators like Alex Hormozi are adjusting their content formats to drive better results. We also talk about the importance of creativity and thinking outside th...

Episode
Why there will never be another Oprah, and Frame.io’s $1.3B startup lessons
May 16, 2024

In episode #2740, we explore the changing landscape of fame and attention in the digital age, why you should reinvent yourself to stay relevant, the role of CEOs in being hands-on and involved in the ...