Tim is an entrepreneur that believes everyone should explore the opportunities that business and real estate can provide on the path to financial freedom. He owns and operates a wine & liquor store, a software startup, a consulting company and a growing portfolio of commercial and residential real estate.Tim’s passion for independent business has led him to support dozens of other business owners. For over a decade he hae worked with businesses on strategy, processes, finances, and marketing. These experiences along with analyzing dozens of other businesses for potential acquisition have provided Tim an immense knowledge base to pull from.
Tim has appeared on multiple top tier podcasts in the financial space such as Bigger Pockets Money and The Freedom Chasers Podcast.
SPEAKING TOPICS
Buy a Business to Build Your Wealth (& Cash Flow)
When you work harder at your job you make someone else more money and still bring home the same paycheck. Why not take your skills and energy and put them to use for yourself? Owning a business is far more attainable and practical than many people think. In this talk I break down why someone should consider buying a business and the steps to do so. I highlight:
- The overall wealth building capability of a business
- Collecting a paycheck on day one of ownership
- How to find a business to purchase
- What red flags to watch for
- The types of financing available for your purchase
Buy a Job, Build a Business
When buying a business for under S1MM many buyers are actually purchasing themselves a job. In essence a purchaser has bought a business that will not function without the owner involved. While there is not anything inherently wrong with that, the goal should be to create more freedom as soon as possible. In this talk I discuss the concept of buying a job, why it isn’t necessarily bad, and how to create systeme and processes from early on that can turn that “job” into a “business”.
Leverage Your Business Into Passive Income
The best way to create passive income from your business is to create systeme and processes that make you a hands off owner. If you find that too challenging or don’t think it will ever work, the next best thing is take the profits from your business and turn them into passive cash flow through real estate investing. In this talk I break down:
- Why passive cash flow is important
- How to invest in real estate without creating another job for yourself
- Lending vs. Equity
- Where to find good real estate deals
- What questions to ask when considering an investment
Time To Sell – Maximizing Your Business’ Value
As an independent business owner myself that has also analyzed close to a hundred business opportunities, there is one thing that is almost always prevalent – us business owners always overvalue our businesses. We have poured time, money, and energy into these endeavors and we feel they are worth the world. Unfortunately, the value that we see is not always visible to a prospective buyer in the actual financials of the business. In this talk I address the key stepe that a business owner can take today to maximize the value of the business.