Everyone tells young entrepreneurs to start a business. I disagree.

In this episode, I share the exact advice I gave my nephew when he asked how to become a business owner without money or years of experience.

Instead of joining the 90% of startups that fail, I explain why I believe the smarter path is to work inside the industry you want to own, become indispensable, and position yourself to buy an established business from a retiring owner.

We also discuss:

• Why the skilled trades are one of the greatest wealth-building opportunities today.

• How baby boomer retirements are creating once in a generation acquisition opportunities.

• How seller financing can help you buy a business even if you don't have cash.

• Why messy financial statements can actually create opportunities for buyers.

• The importance of staying in your lane and buying businesses that match your expertise.

• Why experience is often worth far more than a business degree when it comes to ownership.

If you're young, thinking about entrepreneurship, or you're a parent wondering what advice to give your kids, this episode could save years of frustration and possibly hundreds of thousands of dollars.

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