45 min listen
TMBA599: The Art of Acquiring Businesses
TMBA599: The Art of Acquiring Businesses
ratings:
Length:
35 minutes
Released:
May 27, 2021
Format:
Podcast episode
Description
We've shared a lot of stories on this podcast from entrepreneurs who have started their own businesses, but one strategy we've increasingly seen to accelerate the path to wealth is to purchase a business that already exists and to leverage debt to do so.
Today's guest is an expert at that.
Shakil Prasla has been acquiring businesses through his company SZ Ventures for nearly a decade.
He started with a loan from the Small Business Administration and now has a team of roughly 80 people who are managing niche eCommerce companies. They are selling anything from high-end business cards to their most recent acquisition, Gloves.com.
In today's podcast, Shakil shares the story of how he purchased his first business, how he has grown to where he is now, strategies for taking advantage of Small Business Administration loans, and much more.
Today's guest is an expert at that.
Shakil Prasla has been acquiring businesses through his company SZ Ventures for nearly a decade.
He started with a loan from the Small Business Administration and now has a team of roughly 80 people who are managing niche eCommerce companies. They are selling anything from high-end business cards to their most recent acquisition, Gloves.com.
In today's podcast, Shakil shares the story of how he purchased his first business, how he has grown to where he is now, strategies for taking advantage of Small Business Administration loans, and much more.
Released:
May 27, 2021
Format:
Podcast episode
Titles in the series (100)
Episode 1: TMBA 001 (LBP1) – How to Identify a Product by Tropical MBA: Entrepreneurship & Founder Lifestyle