Ace Chapman
Ace bought his first business when he was nineteen. It was an online stock market simulator called CoolWallStreet.
After selling it and seeing the benefits in buying a business over starting one, he caught the business buying bug. Since then he has bought and sold over thirty businesses and has helped his clients all over the world buy over one hundred businesses.
Some of what we talked about:
- Paid $70,000 for his first business at age 19, by pulling together $35,000 from friends and credit cards and getting the sellers to finance the rest on a year note
- Grew the business
- Quit college
- NDNC
- Looks for a motivated seller
- Took the business from $60,000 a year in sales to $400,000 by age 21
- His next venture was flipping hospitals
- The Lean Start Up
- Has 33 business in his portfolio now
- Has managers that manage multiple business (up to 5)
- Focuses on Internet businesses
- The Ace Formula by Ace Chapman
- …And much more
Website URL: www.acechapman.com
Twitter Handle: @acechapman
Facebook Page: https://www.facebook.com/acemchapman
YouTube: https://www.youtube.com/channel/UCaNlGb8yu09Pvp-kUsyeW-w
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