Why your biggest risk is never getting started

Happy Tuesday!

If you’ve always been a more risk-averse person (possibly with a family to support), business acquisition probably sounds like the last thing you should be doing.

As a husband and father of four, I get it! I had the same hesitation when I started.

But when I shifted how I thought about risk, everything changed, and that’s what I’d like to share with you today.

Community Spotlight

Leann bought a $1.3M sign company after joining Acquisition Ace, and her son now runs operations.

She went from program manager to business owner in less than a year.

👉 Want the foundation and knowledge to confidently pursue your first acquisition? Book a call with our team here.

Let’s Talk About Risk

Most people’s instincts about what’s risky and what isn’t are a little off.

Your W2 might feel safe.

But it isn’t.

You can be let go at any moment due to budget cuts, restructuring, or a new manager who wants their own people.

It happens to great employees at great companies all the time.

And even if you keep the job, your income is largely capped, and you’re trading time for a fixed number.

The “safe” option has more risk baked into it than most people acknowledge.

(Inside Acquisition Ace, members get daily community support from other people acquiring their own businesses, and those who have already acquired one or more businesses. If you’re curious if it would be a good fit for you, book a call with our team here.)

The Right Question to Ask

Instead of “how do I avoid risk entirely?” the better question is:

“What does financial freedom actually look like for my family, and what am I willing to do to get there?”

Those are two very different starting points, and they lead to very different outcomes.

How to Actually do this with a Family

The good news is you don’t have to blow up your life to get started.

You don’t need to quit your job or drain your savings.

Your first acquisition can be done entirely in your spare time, during evenings, weekends, whenever you can carve out a few hours.

I worked at JP Morgan full-time through my first two acquisitions, and only left once the businesses were generating consistent income and it made financial sense to go all in.

To start, read everything you can about acquisitions.

(Buy Then Build by Walker Deibel is a great starting point)

Watch YouTube videos, study deals, and absorb as much as you can from free resources.

There’s a big learning curve, but it’s completely manageable.

It’s just going to take a little longer when you already have a busy life.

Your Most Important Decision?

Pick a direction and just start moving.

So many people come up with elaborate plans in their minds about how they’re going to acquire a business and make tons of money.

But so much of the learning comes from actually getting started.

Don’t get caught in the trap of trying to “think” your way into acquiring a business because it will never work.

If you want to accelerate your learning and figure out the mechanics of acquisitions faster than going at it alone, the Acquisition Ace community was built exactly for that.

Inside, you’ll get access to deal reviews, weekly calls, a network of 2,000+ members actively doing deals, and mentorship from people who’ve already closed.

If that sounds helpful for where you’re at…

👉 Book a call with my team here and let’s talk through whether it’s the right fit for you.