Most people are addicted to the "startup" drug. They want the rush of a new idea because they don't have the discipline to run an old one.
I left the VC world because I realized it’s easier to buy a 20-year-old cash-flow engine than it is to build a rocket ship that might never launch.
The Reality Check
We are currently seeing the greatest transfer of wealth in history. Thousands of service-based businesses—HVAC, plumbing, commercial cleaning; are owned by guys who want out. They have the revenue, but they lack the systems.
That is the arbitrage. You don’t need to be an inventor. You need to be an operator. You buy the cash flow, you install the "Blueprint" systems, and you scale.
While the "visionaries" are burning cash trying to disrupt the world, we’re collecting checks by fixing it.
Comment "LIST" below and I’ll send over the specific breakdown of what we look for in a "boring" acquisition.
Thanks, Rick