Should you buy an unsexy business? [Ben Jasper]

The Examined Life

Many people dream of making millions as a hedge fund manager on Wall Street. But it’s an absolute grind. Ben Jasper did this for 20 years at some of the world’s largest hedge funds before saying, “Enough.” At 40 years old, Ben bought an unsexy business and started his second career. He had to borrow a ton of money from the SBA and put up a personal guarantee on his house, all to wake up at 4am to go to the factory and turn on the machines. But to Ben, it’s an incredible opportunity. In this episode, we’ll cover how you only need to put 5% down to buy a business, the steep learning curve of unsexy businesses, when is the right time to leave a high paying job on Wall Street and if entrepreneurship or Wall Street is the best ways to compound wealth. [Episode 60] Learn more about Ben:

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References from the show:

• How to Buy a Manufacturer with $1m in Cash Flow

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Podcast art by Nate Kadlac, photography by Henry Thong