JLDC 0094: Interview with Ace Chapman – Create an Instant Income Buying Businesses

When it comes to buying a computer, a car or a home, we would never think to build one from scratch ourselves… but when it comes to business, that’s what we all do! It’s no wonder most businesses fail. Most business owners are total novices.

Instead of starting a business from scratch, you can create an instant income for yourself by buying existing businesses. In this interview, Ace Chapman, shares with us how he got started buying businesses, and how anyone can.

Topics discussed during this podcast include;

  • Why you shouldn’t start your own business
  • How buying a business gives you instant income
  • And much more!

You can play this session of the podcast here:

Inteview with Ace Chapman of Portfolio Sharks

Websites referenced during the podcast:

Here’s a timeline of the topics discussed during the podcast:

0:30 – Introduction and short bio
1:30 – Ace’s growing up and family
3:50 – How Ace bought his first business at 19 years of age
7:00 – The outcome of Ace’s first business endeavor
8:50 – Ace’s experience in the corporate world
12:15 – Ace’s second business purchase
12:45 – The reason why most people start their own business (instead of buying one) and why you shouldn’t
21:20 – How Ace helps people to build a portfolio of businesses
24:30 – Who is this opportunity suited to?
28:15 – Final thoughts

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