Eric Hsu
Buying a business = best way to leave the rat race & write your own ticket. Follow to learn how you can do it. M&A Lawyer | Deal Coach | $55M+ in deals closed.
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If you love the idea of buying a business to escape the rat race and write your own ticket, but wonder how to find one, Then this thread's for you. After closing upwards of 40 S...
Yesterday, I posted about how to use $100K to buy a $1M-$1.5M business generating $250K-$350K in cashflow. In this thread, I'm going to show how the numbers work using this actual...
$50K in cash can buy you a brand-new Tesla 3. Or can buy you some freedom. Want to turn $50K cash into $100K+ a year in cashflow? In this thread I’m going to share 3 very real...
The SBA is your best friend if you’re looking to buy a business. But most people don’t fully understand how SBA loans work. In this thread I’m going to share 3 little-known SBA...
Trillions of dollars of profitable boomer businesses are going up for sale. Buying one is your best ticket out of the rat race. But what if you don’t have enough $$ saved up?...
We've been told many lies about money: • Only rich people can buy a business • Becoming a millionaire is almost impossible • College is the only path to making a good living • Jo...
Here's how not to lose $10-20K on your next deal. Sellers often require deposits on deals ($10-20K or higher). The problem is you can easily lose your entire deposit if you're n...
I've closed 30 deals worth a combined $40.1 million as an M&A lawyer. Here are the 7 most important things you need to know to close your deals: A👇🧵
Been an employee for 10+ years? You're gonna have a hard time running a business. Why? Employee skills & mindset ≠ business owner skills & mindset. If you’re looking to buy a...
Curious about legal due-diligence and whether it’s needed in your deal? Well, after handling well over 30 deals, here are just a few examples of the (alarming) things I’ve found....
Contrarian fact: you don’t need an MBA or investor backing to buy a business. You DO need knowledge and skills though. If I wanted to buy a business in 2023 here's exactly how...
• Only rich people can buy businesses • Being a millionaire is almost impossible • W2 jobs are much more secure than owning an SMB • Saving up for retirement should be your life’s...