Episode 3: Business Growth Secrets Exposed

Surges of Income Podcast

What if we told you there's a better way to launch a successful business than starting from scratch? In this enlightening conversation with software engineer Elden Cutlip, we reveal how acquiring a business might be the key to unlocking your entrepreneurial potential. Elden shares his experiences with two failed businesses and discusses the importance of market research, demand, and business models to avoid common pitfalls.
Join us as we explore the process of acquiring and scaling businesses, focusing on those generating between one and five million in revenue. We dive deep into finding the right businesses with distressed sellers and shed light on Elden's interest in software as a service (SaaS) industry. Plus, learn how to do the right legwork up front to ensure there's enough demand to support your venture.
Lastly, Elden imparts his wisdom on developing a horizontal skill set by learning various business models and strategies that can be applied across multiple industries. We discuss the significance of a solid business plan, redundancy for success, and understanding your entire business for growth. Elden encourages listeners to delve into digital marketing, sales copy, funnels, and human-computer interaction to boost their chances of business success. Don't miss this opportunity to learn from Elden's experiences and insights - your path to entrepreneurship might just be one acquisition away.
Be sure to follow me on IG and turn on notifications for my future Surges of Income Podcast episodes. I will be hosting these LIVE up to twice a week.
👀 Watch my "Surges of Income" video to learn more about surges of income - https://youtu.be/tPDbhr0n1xI
Enjoy.
Chris Moore
The Intentional Investor
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Kapitel

1. Episode 3: Business Growth Secrets Exposed (00:00:00)

2. Income and Business Failure Analysis (00:00:02)

3. Acquiring and Scaling Businesses (00:14:31)

4. Learning Business Models and Strategies (00:25:29)

5. Buying and Building Businesses (00:31:43)

6. Exploring Opportunities for Business Growth (00:35:04)

7. Investing in High-Demand Business Skills (00:40:57)

8. Acquiring Businesses and Learning Skills (00:52:44)