Ever wonder how someone bought an $8M/year company with only $5,000? Gary Shelton did just that, and in this interview, he reveals his exact model. Gary is "The Coaching King," having acquired, scaled, and sold 12 different businesses over the last 50 years, each hitting 8-figures per year. He explains why mindset is the #1 reason most entrepreneurs never hit $1M a year in revenue and shares the lessons he learned from his mentor who built the first black-owned billion-dollar company. If you want to learn how to acquire businesses with little of your own money, build systems that allow them to run without you, and develop the perseverance to succeed, this conversation is for you. Check out the company: https://goshelton.comBook a 1-on-1 advisory session with me to apply these principles to your business: https://calendly.com/wltb/advisory👀 CONNECT WITH SEANSubscribe: https://www.youtube.com/@seanweisbrotLinkedIn: https://linkedin.com/in/seanweisbrotInquiries: [email protected]🕒 CHAPTERS00:00 - "Life is Quick, Man."01:34 - The REAL Reason Businesses Fail to Hit $1M/Year03:42 - The Money Lesson My Grandfather Taught Me at Age 406:35 - My First Million-Dollar Business Acquisition08:29 - The #1 Thing That Gives a Business REAL Value11:19 - How I Bought an $8M/Year Company With $5,00014:48 - "I'm Not Betting The Farm Unless The Crops Are On Fire"17:22 - The 2 Things to Look For When Buying a Business22:20 - The Hardest Part of Being an Entrepreneur30:45 - "I Don't Work. I Do What I Love."📈 WORK WITH ME▶ Book a Paid Advisory Session: https://calendly.com/wltb/advisory▶ Sponsor the Channel: https://www.welivetobuild.com/collaborate▶ My AI/Automation Agency: https://optimai.ai Hosted on Acast. See acast.com/privacy for more information.

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