The Closing Business Hack (No Money Down)

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Hey there,

Just finished reading Main Street Millionaire by Codie Sanchez.

Bloody brilliant book with tons of actionable insights on buying and running cash-flowing businesses (bucket 3 income!):

The Biggest Takeaway 

Buying out ageing boomers with very little money down is entirely possible. You can structure deals with terms like financing via future profits.

But here's the hack that really blew my mind:

The Closing Business Opportunity 

Find businesses about to close and negotiate a referral deal between them and another business for the closing business's customers.

Think of a gym shutting down, a restaurant calling it quits, or a service provider retiring.

Everybody Wins: 

The closing business gets a kickback on what would have been nothing. The other business gets new customers. The customers find a new home. And you? A cheeky fee for being the middleman (NICE).

A prime example of why you don't need ANYTHING to get started in this game.

Finding These Opportunities 

I went a step further and ran a report on how to systemize this process:

Start simple with Google Maps "permanently closed" searches in your area. Check local business groups and community Facebook pages.

Then level up with these tools:

• Targetron to systematically find closing businesses

• ReferralCandy to manage your commission structure

• Strategic partnerships to formalize the arrangements

Technology is the great amplifier and books like Main Street Millionaire provide disproportionate ROI compared to gambling thousands with snake oil coaches on the internet.

The people winning right now combine timeless business principles with modern tech leverage.

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Talk soon,

Lewis

P.S. Has anyone tried this closing business referral approach? Hit reply if you have – I'd love to hear how it went.