In episode #1848, we share our thoughts on whether it is best to buy or build a business. While buying businesses is typically easier to do, this is only true if you know how to run one, which requires building one. That being said, building businesses is very risky! Tune in to hear how to work out which one to do first.

TIME-STAMPED SHOW NOTES:
[00:25] Today’s topic: Should You Buy Or Build A Business?
[00:25] It is easier to buy but Neil prefers building.
[00:50] Learning how businesses work by building before buying.
[01:25] What Eric learned about building through buying Single Grain.
[02:07] The elements that make building a business risky.
[02:58] Looking at your strengths and playing to those.
[03:06] Knowing if the M&A game is your long-term strategy.
[05:09] That’s it for today!
[05:10] Go to marketingschool.io/live to learn more about our upcoming live event.



Get ad-free listening plus exclusive content with Marketing School Pro. Try for free at www.marketingschool.io/pro



Links Mentioned in Today’s Episode:



HBR Guide To Buying A Small Business

Start With Why



Leave Some Feedback:




What should we talk about next? Please let us know in the comments below
Did you enjoy this episode? If so, please leave a short review.





Connect with Us: 


Neilpatel.com
Quick Sprout
Growth Everywhere
Single Grain
Twitter @neilpatel
Twitter @ericosiu



Learn more about your ad choices. Visit megaphone.fm/adchoices

In episode #1848, we share our thoughts on whether it is best to buy or build a business. While buying businesses is typically easier to do, this is only true if you know how to run one, which requires building one. That being said, building businesses is very risky! Tune in to hear how to work out which one to do first. TIME-STAMPED SHOW NOTES: <ul> <li>[00:25] Today’s topic: Should You Buy Or Build A Business?</li> <li>[00:25] It is easier to buy but Neil prefers building.</li> <li>[00:50] Learning how businesses work by building before buying.</li> <li>[01:25] What Eric learned about building through buying Single Grain.</li> <li>[02:07] The elements that make building a business risky.</li> <li>[02:58] Looking at your strengths and playing to those.</li> <li>[03:06] Knowing if the M&amp;A game is your long-term strategy.</li> <li>[05:09] That’s it for today!</li> <li>[05:10] Go to <a href="http://marketingschool.io/live">marketingschool.io/live</a> to learn more about our upcoming live event.</li> </ul>   Get ad-free listening plus exclusive content with Marketing School Pro. Try for free at <a href="http://www.marketingschool.io/pro">www.marketingschool.io/pro</a>   Links Mentioned in Today’s Episode:   <a href="https://store.hbr.org/product/hbr-guide-to-buying-a-small-business/10090"> HBR Guide To Buying A Small Business</a> <a href="https://simonsinek.com/product/start-with-why/">Start With Why</a>   Leave Some Feedback:     <ul> <li>What should we talk about next? Please let us know in the comments below</li> </ul> <ul> <li>Did you enjoy this episode? If so, please leave a short review.</li> </ul>     Connect with Us:    <ul> <li><a href="http://neilpatel.com">Neilpatel.com</a></li> <li>
<a href="https://www.quicksprout.com/">Quick Sprout</a> </li> <li><a href="https://growtheverywhere.com/">Growth Everywhere</a></li> <li><a href="https://www.singlegrain.com/">Single Grain</a></li> <li>
<a href="https://twitter.com/neilpatel">Twitter @neilpatel</a> </li> <li><a href="https://twitter.com/ericosiu">Twitter @ericosiu</a></li> </ul> Learn more about your ad choices. Visit <a href="https://megaphone.fm/adchoices">megaphone.fm/adchoices</a>

Neil Patel and Eric Siu bring you daily ACTIONABLE digital marketing lessons that they've learned through years of being in the trenches. Whether you have a new website or you're an established business, you'll learn the latest SEO, content marketing, social media, email marketing, conversion optimization and general online marketing strategies that work today from people that actually practice marketing and operate businesses.
Approaching 100M downloads with 2,500+ episodes, you're sure to find something that will help you grow faster. Also don't forget to subscribe to our Marketing School YouTube channel to get more marketing goodness.

Marketing School - Digital Marketing and Online Marketing Tips

In episode #1848, we share our thoughts on whether it is best to buy or build a business. While buying businesses is typically easier to do, this is only true if you know how to run one, which requires building one. That being said, building...

Should You Buy or Build A Business #1848

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/87395ec4-3b3b-49e0-9d08-b0d2001896be/transcript

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