Hello to all our Million Dollar peeps! As always, I hope this message finds you all doing well, and business is booming!
Because most people like to receive bad news first, I'll start with the "bad" news first.
The markets are raging! The Dow Jones, S&P, and Nasdaq are all popping, and inflation is way down! The result? I'm strategically selling off a ton of equities that equates to a small fortune being realized in my honey pot.
Why is making so much free money bad news? Because I LOVE BUYING opportunities! Fortunes are made when markets are down, and they're realized when markets are up!
The average person thinks just the opposite. They celebrate days like today (and I do too), and they go into depression when markets retract versus me, I CELEBRATE when markets contract. Bring 'em down! Let 'em crash! I just wanna buy more, and more, and more!
Case in point, when Tampon Tim was on stage mocking Tesla stock for dropping to $225, how many hundreds of more shares do you think I purchased that are not hitting $336 today?
A month or two ago all the "experts" like Jim Cramer on worthless CNBC was crying the sky was falling and encouraged everyone to sell. What a douche canoe. While everyone was selling, I was buying everything!
OMG ..... FREE money, folks!
Oh, how I long for choppy markets - those delicious buying opportunities that lead to fortunes like today.
This is how we do it, my Million Dollar peeps! We MAKE the money in our front line businesses, our operations, we push it through out system to limit exposure to tax and liabilities, and we get our money to "safer ground" where we wisely and strategically invest the heck out of it so it compounds and multiplies.
Now, speaking of buying opportunities, I'll move onto some good news.
I'm happy to announce that one of our client-providers closed early on a Michigan-based NEMT business. The purchase price was just under $1M which might not sound like a lot, but this acquisition proved to be a great Win-Win for both buyer and the seller.
Our client, the buyer, was able to pick up a quality bargain with some good assets that can be further scaled, and the seller was able to get out from under some financial pressures due some previous miscalculations.
I share this because not every deal/acquisition needs to be "paved with gold" to be a big success. This acquisition is a classic example of two sides being honest and transparent and then developing a REALISTIC solution that meets the needs of both parties.
I always harken back to a couple years ago when a seller whose business was generating only $400k per year and they swore to God their business was worth $4M. How do you spell D-E-L-U-S-I-O-N-A-L?!
The good news is we had no such delusion associated with this particular acquisition, AND, AND, AND the seller will be staying on board for a minimum of 2 years as a paid staff member to serve as COO. Hence, the reason why I'm not disclosing any names.
What's the point of me sharing all of this?
The point is, not all acquisitions are the same, and there are a ton of creative possibilities to make Win-Win deals! Buying/selling a business isn't like buying/selling a property where you hand over keys at closing and walk away.
In this particular acquisition, the seller is out from underneath financial pressure and still retains her position with cash flow while the buyer picks up an asset with an experienced operator. It's called Win-Win!
So, even if you're in a "bad spot," that doesn't mean you don't have something of value and you can't come out with a Win.
If you're interested in selling your business, reach out to us and let us know. We will send you some preliminary questions to learn more about you and your start point to see if you're a good fit for us and one of our existing buyers.
See you at the Top!
Joel E. Davis
PS: ..... STILL hoping and praying for a SERIOUS market correction!! | 
