The answer is yes, there are approximately 12 million businesses that you can purchase in the United States alone. There are tons of baby boomers out there that need (or will need) an exit! Here is how the California Association of Business Brokers sees it in a recent article they posted (this is copied word for word so you know I didn’t misconstrue their words).

The Baby Boomers (about 70,000,000 of them) are poised to make a great impact on the American economy.

• Retiring Boomer business owners will sell or bequeath $10 trillion worth of assets over the next two decades.
• These assets are held in more than 12 million privately owned businesses.
• More than 70 percent of these companies are expected to change hands.
• The sale of almost 12 million businesses over the next 10 to 15 years represents a significant increase in the annual number of businesses that will be sold (addition: this is the best scenario for us buyers of businesses… high supply, and low demand!!).
• The 12,000,000 businesses likely to change hands over the next 10-15 years might involve a large number of boomer-to-boomer sales.
• Ironically, now small business ownership is seen as much more safe and secure than working for a large company.
• So, in the coming decades, not only are we likely to see millions of Baby Boomers selling businesses they now own, we will also see additional millions of Boomers (who’ve spent their lives working for someone else), buying businesses. The next two decades will see a significant increase in the number of small and mid-sized businesses being bought and sold by Baby Boomers, in addition to the other generations of Americans that business brokers regularly deal with.

Here is the link to the full article.

You read that correctly. There will be so many companies for sale in the coming years, so much so that baby boomers (one of the greatest, most pro-business generations) are going to buy MORE companies.

There has never been an opportunity like this for a young acquisition entrepreneur!

10 trillion dollars worth of assets will change hands! Motivated sellers left and right! 12 million privately owned businesses up for grabs. And in the majority of cases, the kids don’t want to take over the family business anymore! Absolutely crazy.

I know I am going to take advantage rather than sitting on my ass.

No, you do not need cash of your own to buy a company. You can raise a small down payment from an equity investor or you can use seller finance/seller equity. 

Yes, it is easier to buy anything when you have more money. This idea has been floating around that it is easier to buy a business with less money in your bank account because you can just use seller finance. Again, a completely asinine idea probably started by someone who isn’t actually buying companies. More money/net worth means you have a better credit rating, more collateral, more money to put down, more money to invest in the company, more money to travel to see business owners, more money to focus on acquisitions 100% of the time – the list goes on. But most of all, you just have more leverage with everyone in life when you have more money (including bankers, sellers, investors, and even employees). You are just more attractive to everyone when you have more money.

But this doesn’t mean you need to be rich to get started towards your path to massive wealth. The worst thing you can do is not get started today. 

“Someone is sitting in the shade today because someone planted a tree a long time ago.” – Warren Buffett

No, this program is not for people with low energy. It takes a strong-willed person to make this program work. No results are guaranteed. This program is for people who are willing to put in the work, take some risk, tackle problems when they arise, and self-generate success. 

Yes. You can view the legal agreement at the bottom of the page. 

Refund and Return Policy:

You agree that all purchases made with us are final. Given the confidential and privileged information contained in the program (see curriculum) and services provided by Jason Paul Rogers and Stress Becomes Power Inc., we have a strict zero refund and return policy. You agree when transacting with and ultimately purchasing from Stress Becomes Power Inc., Jason Paul Rogers, and/or any services provided by Jason Paul Rogers, that any/all transaction(s) or purchase(s) are final, and non-refundable.

If you are a person that frequently gets refunds or backs out of commitments, then you are probably not a good fit for this program. This program works best for committed entrepreneurs with no backup plan. Furthermore, we have one of the least expensive products in this space (about the same price as a community college or university course, with at least 10X the value of a community college or university course). Because our program is less expensive than others and more valuable, fraudulent activities take place when we allow refunds. For those reasons and the others mentioned here, we don’t allow refunds.

Yes. Although this isn’t ideal, there are a few reasons why one would do this.

(1) You have a 5 – 10 year window to start buying companies from baby boomers. Baby boomers will continue to retire rapidly during the next 5 – 10 years. The sooner you get into buying and selling companies the better. Indeed, there are TONS of opportunities right now! Other people are realizing those opportunities! That could be you! 

(2) You will never lose access to the program. If you invest in the program, the program is yours. We suggest people get through the program as quickly as possible so they are confident and well-equipped when starting the process. But, you can certainly invest in the program now and run through it and then circle back on it later when you are more prepared to take action, follow the process, and make your first acquisition. Maybe you are in school. Maybe you are in a less than ideal living situation or financial situation (FYI we do not suggest people who are in debt to buy this program or any program out there – get yourself out of debt first). Maybe you are moving or are going through some sort of career change. Whatever it is, you don’t have to start taking action tomorrow in this program – although we recommend it strongly. We have seen people take the long-term approach and still be successful. Lastly, we hope, if you are in that long-term boat, that by going through the program we can help you speed up the process of getting to your first acquisition whether by motivation, confidence, or using the business knowledge presented in the program to propel yourself to a place to where you are prepared to begin taking action. Again, ideally, we recommend you come right out of the gate swinging, but we understand that everyone is in a different situation in their life. 

(3) You will get access to all updates to the program. This means, that as I myself and my clients buy more companies, we will continue to add what works best. And we won’t be adding content from the beach or from a rented vacation home like some of the “gurus.” We add content from the trenches.

(4) We reserve the right to (and very well may) increase the price of the program as we do more deals and our students do more deals. As anything in life, when you get more successful and generate more results, you have the liberty to increase your prices – another perfect reason why you need to start now so that you can get to that point. It works the same with buying companies – when we started we went after smaller deals and we had to “sell” more to banks and sellers because we were the new, unproven kids on the block. Now, we still go after some smaller deals when they make sense, but we also go after larger deals simply because we have the competence, confidence, and experience to do so.

This program can be applied to virtually all sectors – but will be most successful in growing industries that lack a plethora of buyers. From online stores to landscaping companies to funeral homes – there are many options. This program is easiest to execute in service-based industries, given the multiples are lower and access to financing is easier because there is a higher debt service coverage ratio… because the multiple is lower. But, we are speaking very general here. This doesn’t apply to every situation.

Lastly, this program is harder to execute in real estate industries because (1) there are more buyers, and (2) buying hard assets is equity capital intensive. This means, you will need to have access to equity (either your own cash or investor capital) to do even small-sized real estate deals. If you don’t have access to 6-figures in equity, then real estate is not the quickest way to Rome. Although, you can buy real-estate on the side with the cashflow of other businesses to diversify and multiply your money.

Yes and Yes. 

Read the question above titled “Are there enough businesses for me to buy.” You’ll see that you can become a great asset to a company in the next 10 – 15 years if you understand how to buy companies from retiring baby boomers (or any business owner). 

If you already own a company, even better. You are actually better positioned than anyone to make an acquisition. Chances are you have more than enough money to buy a medium sized company easily and you’ll have a lot more leverage all around including when building an M&A team, talking to motivated sellers, during due diligence period, getting the financing, running the company, valuing prospective companies, etc. 

When you are younger (in your 20s), you have less responsibilities, less risk, and more time to learn than when in your 40s. However, when you are older, you likely have more experience, more savvy, and perhaps – more money. Assuming you’re not in debt, the perfect time to start is now.

Yes, Jason makes himself available to those who buy this course. 

With the Gold Package (which is the more popular package) there is a members-only Facebook mastermind group where other acquisition entrepreneurs and Jason answer questions, help with strategy, and comment on any deals you want feedback on. This is provided as a bonus to you free of charge. Also, Jason does a monthly Zoom call with members in the program. This is also provided to you as a bonus free of charge. You will get access to all recordings of past Zoom calls upon investing in the program.

If you have questions and you are not yet a member of the program, you can email info@jasonpaulrogers.com or join our public Facebook group called Acquisition Entrepreneurs.

YES.

I didn’t have any M&A experience when I started. I don’t have an MBA and I wouldn’t recommend you waste your time, when this single program is probably better than you course These two things do not heavily predict success with this program or entrepreneurship in general when starting out. 

Mergers and acquisitions is alive and well in nearly all countries (certainly western culture  / capitalistic countries). M&A is absolutely vital to an economy. Businesses exchange hands constantly. Every business owner has a life cycle. At some stage, everyone exits. 

The only countries we know of that this program does not really work in is Russia and North Korea – and some other authoritarian countries. Most of our clients are in the US, CAN, UK, AU, or somewhere in Europe.

If you won’t bet on yourself, I wouldn’t either. 

Furthermore, skin in the game is one of the many factors that predicts success. Knowing that, getting this program for free/payment plan/payback later would make you less likely to succeed, and then I wouldn’t be doing my job. I would be setting you up for failure if I allowed this. Sacrifice is necessary on the road to success. People who have skin in the game are more serious, and I only want to work with people who are serious about reaching their potential. Furthermore, I won’t comprise others in the program by letting in people who aren’t serious. By the way, I’ve invested more than 20 times what the cost of my Gold Program is on mentorship & education. 

I won’t accept equity in your company either. I will show you how I distributed my equity (I have now done this twice, because I have two different consolidation firms), but I will not be accepting any, even if you offer. Running my two consolidation firms and this program is more than enough on my plate.

Two important questions. 

(1) If you have been a salesman in your career already, then you are perfect for this program. You must be a decent communicator/salesman to be successful with this program. Of course, it is better if you are a good communicator/salesman. Do you have to be a great salesman/communicator? No. Do you have to be able to speak in public? Certainly not – and you can slowly learn this over time. Is this something that must come inherently to you? Certainly not. I used to be a terrible communicator. Being a good communicator/salesman only takes practice – that is the secret. Practicing your pitches, presentations, cold outreach. Continually getting better. Pretty soon, you will not have to practice at all or very little because it becomes second nature. 

(2) You must be able to read and write in a proper manner, whichever language your country speaks. Do you have to be Shakespeare? NO. However, you must be able write with either a strong high school or undergrad writing level. Otherwise, board members, sellers, bankers, etc. will be repelled by you. They all use proper grammar. So, you do the same. It is as simple as that. 

Not sure why this is a question, but we get it sometimes. How did Warren Buffett and all the private equity titans get to be billionaires?: By buying businesses. In a capitalist country like the US or the UK, businesses reap virtually all the rewards. It should be clear how you make money as an owner of company, but I will give you a quick summary. You are probably overthinking it if you are asking this question. 

(1) The cashflow or earnings of the company go to you – and any other equity holders of the company (we teach you to be the majority 50.1%+ stakeholder).

(2) You can sell the company or a part of it. 

(3) You can refinance the debt of the company and “take money out.” This is similar to over-financing the deal off the bat, where you could also pull money out for you, your directors, or your shareholders (although not recommended if you are highly leveraged).

(4) You can make a lot of money by growing the company’s sales (kind of an obvious point that is sometimes not focused on).

(5) You can “over finance” a deal with excess “working capital” – something we share with you how to do – and pay yourself, as well as your team (only if it makes sense in the scenario… some deals are tighter and this is never something that you will be required to do, it is just something you can do if the situation permits to break a little bread with your advisors).