Surprise! I Bought a Business | Episode 110
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Are you considering starting a business from scratch?
Before you take that leap, listen to the latest episode of the Quiet Wealth podcast hosted by Camilla Jeffs, where she reveals why buying a business may be a better option.
Camilla's entrepreneurial journey is nothing short of inspiring. From being a teacher and a stay-at-home mom, she ventured into the world of entrepreneurship and found success. Her experience in flipping houses with her husband sparked her interest in the construction industry, setting the stage for her next venture.
Delving into the details, Camilla shares her savvy acquisition strategy. She focuses on businesses that are essential and, in some cases, possibly outdated. She also targets baby boomer owners who are looking to retire, identifying unique opportunities for growth and development.
Tune in to the latest episode of the Quiet Wealth podcast to hear Camilla Jeffs spill the beans on her latest business acquisition. Be sure to share this episode with your fellow business enthusiasts and subscribe to the podcast for more captivating stories and valuable insights.
In this episode, we talk about:
• Camilla's acquisition of a residential home remodeling company in Tampa, Florida
• Her journey from being a teacher to becoming an entrepreneur
• Finding and acquiring the business
• Understanding finance and managing the financial aspects of a business
• Camilla's experience with business acquisitions and her plans for future purchases
• Asset sales vs stock sales in business transactions and the associated tax implications
• Managing risks associated with SBA loans and changing interest rates
• Camilla's mission to give away $1 million and support women in the construction industry
• Camilla's commitment to donating a portion of the business's gross profit to support smaller nonprofits and impact investments
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Prime Time Wealth Academy - https://camillajeffs.thinkific.com/courses/prime-time-wealth-academy
Prime Time Wealth Academy YouTube Channel - https://www.youtube.com/channel/UCJYjXBtQnNKeXSrhMIaRgGQ
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Shout out to my podcast manager, Abby! If you're ready to take your podcast to the next level, contact her today productions@abbyguaki.com and start the conversation.
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131 episodios