Entrepreneurs are learning that you don’t have to have a pile of money sitting in the bank to acquire a business or a business asset. And, Acquisitions win over every other business-growth strategy when it comes to building your business faster than you ever thought you could. In today’s episode, we’re sharing a section from the first session of Roland Frasier’s Epic Challenge. He discusses the giant opportunity for Entrepreneurs in times of recession (and why Acquisitions are better than Startups).
“I found out that you could help Cisco make an extra a hundred million dollars or help IBM save a half a billion, and nobody really cared, like nobody’s life was transformed from it. And I had this epiphany one day that my people were entrepreneurs and that I had amassed a skill set that might be valuable”. Paul Lemberg.
As the Co-founder or principal of 5 different Inc, Magazine’s fastest-growing companies (e-commerce, e-learning, SaaS + real estate), Roland is a serial entrepreneur who has built or sold over 30 businesses with adjusted sales ranging from $3 million to just under $4 billion. He’s a mentor and investor and an excellent podcaster too!