You don’t need to quit your day job to buy a business (3 reasons why)

People tend to think of acquisition entrepreneurship as an either-or decision.

“Either I keep my job... or I buy a business.”

But this is actually a false choice.

It’s absolutely possible to buy and run a profitable six-figure small business while keeping your day job.

In this email, I’ll debunk the three most common objections to this that I hear all the time:

Objection 1: “I don’t have enough time to look at deals”

“I don’t have enough time to search for potential deals and reach out to sellers, because I work a full-time job.”

This only holds up if you’re working 60 to 80 hours a week.

If you’re only working a 40-hour-a-week job, you have more than enough time.

We ask Acquisition Ace students to spend only one hour per day (about five to ten hours per week) searching for viable businesses.

If you want to be more aggressive with your search, you certainly can. But an hour-a-day schedule is typically enough to buy a business within six to nine months.

Objection 2: “I don’t have experience”

“I’ve never run a business before. I don’t have experience, and I wouldn’t even know where to start!”

This might also be true.

But, it’s not a dealbreaker.

If you’ve been in the workforce for five to ten years, and you’re currently managing people or handling big responsibilities for your company (like overseeing a budget), then a lot of those skills are directly transferable to business ownership.

As long as you understand how businesses function in general, and you know how to manage employees and delegate work, you’ll be in good shape.

Objection 3: “I’ll eventually have to quit my job to run the business”

”Even if I manage to buy a business... won’t I be forced to leave my job to run it full-time?”

That’s the beautiful thing: you don’t have to unless you want to!

The most intense part of the process is searching for deals. And as we’ve established, that only takes an hour a day.

For many of my students, once they’ve bought the business, got settled in, and put a General Manager into place running the day-to-day, their minimum workload is less than a part-time job.

We’ve dialed this process down to a consistent formula inside Acquisition Ace.

In fact, I’d say 60% of my students buy their first business while still keeping their W2 job.

(And this is often on top of family responsibilities and attending to other side projects.)

And if you want an even easier option...

Plenty of people also invest as a silent partner into a small business, where all they do is invest capital.

If you’re interested in doing that, or in buying a business outright...

I occasionally share high-quality deals and investment opportunities with subscribers on this email list.

If you’d like to receive those broadcasts, just fill out the 2-minute survey below.

👉 I want to buy or invest into a small business (2-minute survey)

Or, if you have a business you’re looking to sell, and are actively seeking buyers, let me know here:

👉 I want to sell a small business

Onward,

— Ben Kelly