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reTHINK RICH Academy ELITE
Private • 148 • $29/m
4 contributions to reTHINK RICH Academy
1 like • 27d
Welcome Come on in
Sep 26 in
your business acquisition journey
what is the biggest obstacle that stops you from moving forward with your business acquisition?
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Mar 6 in
Goals
What is one small step you can take today to get you closer to your personal growth goals?
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New comment Sep 23
0 likes • Sep 23
Getting personal credit profile proper Learning as much as possible about business acquisitions Setting up things now so the future would be better
Mar 11 in
Let's think
If someone gave you 1 million dollars today. What is the first thing you would do?
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New comment Sep 23
0 likes • Sep 23
$1,000,000 Here is what I would do With just a 680ish credit score and profile Take $100,000 and go buy a $1,000,000 business using the SBA 7a Cause I can live off that $350,000 a year passive income That other $900,000 and put it in an ETF (won’t say the name cause I don’t give advice but I would be looking for about 12% return) After just 10 years (same time as the SBA 7a loan maturity) I would be looking at about $409,745 annually in interest payments just from that investment Your results may differ
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@chris-mainor-5177
MR Wonderful |
Business Acquisitions and Mergers |
Business Funding Advisor |
Business Formation Advisor
Active 8h ago
Joined May 17, 2024
USA
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