Build Wealth By Buying Businesses...
Build Wealth By Buying Businesses | Jeff Schulmeister

Beyond The Hustle by Corey Barkach

Episode notes

Jeff Schulmeister spent decades behind the scenes of some of the biggest manufacturers in the country, building engineering databases for Siemens and BorgWarner, while running side businesses on his own time. A limousine company. A laundromat. A home health care company.

Now, Jeff’s buying companies; he walks through the exact math on why buying a cash flowing business can outperform the stock market, and why he'd rather fire an owner on day one than trust them to stick around.

In this episode we covered:

→ How Jeff financed his first limousine with no money down at 20 years old

→ Getting laid off from Siemens and hired the same day by the guy he trained

→ Why the laundromat business almost went bankrupt before it worked

→ Buying Omni Home Health Care

→ What Jeff learned about financing acquisitions  ... 

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