How He Put $70k Down to Buy a Business Cashflowing $400K/yr

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In this episode, Michael breaks down how he went from losing his job to buying a marketing agency he'd never worked in, closing an off-market deal, and using AI to make the business more profitable.

◼️ Marketing agencies weren't even on his list, so what did he see in the books that convinced him to buy one anyway?

◼️ One seller was sure he'd never have the money. Hear the deadline he gave them that finally got the deal done.

◼️ He bought a $1.6M business with about $70K of his own cash down (much harder under today's SBA rules), and the sellers agreed to wait 2 years to get paid. He explains how the deal came together.

◼️ His team said one website job would take 2 more weeks. The accountant finished it in 2 days with AI.

◼️ Revenue is down, but profit is up 35% to 40% this year. He walks through what changed inside the agency.

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