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You are here: Home > Business > Entrepreneurialism > Buy A Business With This Tactic And Owning 15 Different Companies Is Just As Easy As Owning One |
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Casual Articles - Buy A Business With This Tactic And Owning 15 Different Companies Is Just As Easy As Owning One
The Challenge Of Getting A Job et somebody else continue to manage it -- you’re going to find nobody calls you and nobody bugs you. You don’t have to be in on a day-to-day basis. And running two companies is no more difficult than running one.The majority of people in the world rely on a job, but each year seems to get more difficult to get a well paying job. The Global economy should have helped to solved the problem, however it's getting more difficult. Companies downsize tho In fact, I have been running multiple businesses since I started 50 some years ago. I’ve never had one company at an Tips On Starting Your Own Personalized Pen Business I have written a lot about how fast, easy and safely you can make a bundle of money via buying manufacturing businesses. But one question that sometimes comes up -- and it's a good one -- is how do you deal with manufacturing businesses that have locations in two (or more) different cities or provinces and you don't want to mess around travelling to and fro?There is a saying that the pen is mightier than the sword, and history has proven it true. The ball point pen was invented in 1938 by the Hungarian journalist Laszlo Biro. Since then, it has been responsible for changing the annals of hist My answer: It makes it more difficult to manage it... but only if you are doing things "hands on" and trying to run it yourself -- instead of letting the management take care of things. For example, once upon a time I was down in Mexico buying businesses. I did not speak a word of Spanish. By the time we finished after 15 years, we had 17 companies in almost every city in Mexico. I was not managing them hands on so it was no more stressful or difficult for me than if I had owned just one down there. On the other hand, if you have a business in eastern Canada (for example) and another manufacturing plant in western Canada, and you’re going to work hands on and try to run everything yourself, you’re going to have a hard time getting back and forth every day. And in that situation, having multiple businesses with multiple facilities would be a drawback and will steal years off your life. If you follow my number one rule of buying businesses -- which is let somebody else continue to manage it -- you’re going to find nobody calls you and nobody bugs you. You don’t have to be in on a day-to-day basis. And running two companies is no more difficult than running one. In fact, I have been running multiple businesses since I started 50 some years ago. I’ve never had one company at an Work Life Balance, and How to Get There As Your Own Boss travelling to and fro?I think back on my time working for someone else and almost have to laugh now. It seems so distant and far away that it isn't even real to me anymore!But I have to remind myself how I felt at the time.The mornings were the wo My answer: It makes it more difficult to manage it... but only if you are doing things "hands on" and trying to run it yourself -- instead of letting the management take care of things. For example, once upon a time I was down in Mexico buying businesses. I did not speak a word of Spanish. By the time we finished after 15 years, we had 17 companies in almost every city in Mexico. I was not managing them hands on so it was no more stressful or difficult for me than if I had owned just one down there. On the other hand, if you have a business in eastern Canada (for example) and another manufacturing plant in western Canada, and you’re going to work hands on and try to run everything yourself, you’re going to have a hard time getting back and forth every day. And in that situation, having multiple businesses with multiple facilities would be a drawback and will steal years off your life. If you follow my number one rule of buying businesses -- which is let somebody else continue to manage it -- you’re going to find nobody calls you and nobody bugs you. You don’t have to be in on a day-to-day basis. And running two companies is no more difficult than running one. In fact, I have been running multiple businesses since I started 50 some years ago. I’ve never had one company at an Creating Satisfied Customers e we finished after 15 years, we had 17 companies in almost every city in Mexico. I was not managing them hands on so it was no more stressful or difficult for me than if I had owned just one down there.Everyone in business wants to have customers but anyone wanting to remain in business wants satisfied customers. A satisfied customer is often a repeat customer and everyone knows that repeat business makes an easier sale. Obviously, cre On the other hand, if you have a business in eastern Canada (for example) and another manufacturing plant in western Canada, and you’re going to work hands on and try to run everything yourself, you’re going to have a hard time getting back and forth every day. And in that situation, having multiple businesses with multiple facilities would be a drawback and will steal years off your life. If you follow my number one rule of buying businesses -- which is let somebody else continue to manage it -- you’re going to find nobody calls you and nobody bugs you. You don’t have to be in on a day-to-day basis. And running two companies is no more difficult than running one. In fact, I have been running multiple businesses since I started 50 some years ago. I’ve never had one company at an So You Want to be a Hot Dog Man (or Woman)? you’re going to work hands on and try to run everything yourself, you’re going to have a hard time getting back and forth every day. And in that situation, having multiple businesses with multiple facilities would be a drawback and will steal years off your life.Why be a Hot dog man (or woman)? If you're reading this, maybe you're looking for the answer. As someone once said: "Just when you think you have the answers, I change the questions!"For me, I wanted a low key business that involved If you follow my number one rule of buying businesses -- which is let somebody else continue to manage it -- you’re going to find nobody calls you and nobody bugs you. You don’t have to be in on a day-to-day basis. And running two companies is no more difficult than running one. In fact, I have been running multiple businesses since I started 50 some years ago. I’ve never had one company at an Executive Accountant Search et somebody else continue to manage it -- you’re going to find nobody calls you and nobody bugs you. You don’t have to be in on a day-to-day basis. And running two companies is no more difficult than running one.A bad hire can cost you a lot of money and waste you a lot of time. You do not want to make a mistake in hiring a prospective employee. As much as possible you want to get it right the first time. This is especially true if you are looking In fact, I have been running multiple businesses since I started 50 some years ago. I’ve never had one company at any one time and I haven’t had problems. I don’t even consider myself that good a manager. I really don’t. So go out, stick your toe in the water, and see for yourself. You will be amazed at how easy and simple this is.
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