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How to Buy Your First Business with Little or No Money Down with Philip Arthurs - Episode 165
Episode 165

How to Buy Your First Business with Little or No Money Down with Philip Arthurs - Episode 165

The Practical Wealth Show · Curtis May, Philip Arthurs

February 11, 202151m 11s

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Show Notes

Curtis May interviewed Philip Arthurs, host of the Business Minor Podcast. He shared some great insight about growing through acquisition tips on finding, analyzing, and closing business deals.

Philip is an investor, entrepreneur, certified public accountant, and experienced advisor who thrives on helping others succeed!

He has served numerous public and private companies in roles such as a transaction advisor, turnaround/restructuring advisor, external financial statement auditor, internal auditor, internal controls consultant, CFO, and Corporate Controller.

Philip owns multiple companies and has helped many others buy and sell businesses.

Curtis's motto is that what you learn today and how you position yourself will determine your future financial well-being 5, 10, 20 years from today. To learn more about how to manage your wealth in a practical way, visit www.practicalwealthadvisors.com

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Show Notes

  • Philip's background - 1:23
  • His mom as his inspiration - 2:40
  • His interest in buying businesses - 6:04
  • Successful people have a great mindset - 7:54
  • Hiring a consultant is very expensive - 11:13
  • Wanting to give, give, give - 13:30
  • You have to protect your time - 31:34
  • Get your mind right - 34:47
  • Using the money of the business to pay off debt - 38:00
  • Cash is your oxygen - 42:42
  • Get in touch with Philip - 48:38

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