We’ve heard so many stories during the pandemic of ordinary people starting businesses. Some of these businesses had some success and others were not so fortunate. However, entrepreneur and investor Ken Mack says there is an easier, better way.
Ken is an investor with more than 21 years of experience in acquiring companies. However, the interesting part of this story is not necessarily the companies he has acquired, but the amount of his own money which he typically used to acquire each of these companies, that number being zero. Mack specializes in buying businesses with no money down using a method known as leveraged buyouts.
The investor has been successful in completing deals in more than 8 countries and now he is teaching others how to do the same thing through his Business Buying Challenge, Business Buying Bootcamp and Acquisitions Made Simple™ online course. Ken views himself as a normal guy and believes that anyone can do what he does. He has built up a loyal following of more than 100,000 people across his various social media platforms, including his Instagram page (@kenmackshow). He attracts entrepreneurs from all walks of life who want to create financial freedom.
Ken believes that the quickest path to wealth is acquiring companies without using any of your own money. While many believe that you must first invest in assets such as real estate to begin your journey towards wealth, Ken says that ‘’the wealthiest individuals acquire companies first and then invest the proceeds of said companies into assets such as real estate. My plan since I was 21 years old is simple... buy companies without risking any of my own capital then invest its proceeds into tangible assets’’.
Ken’s alternative method is certainly one to consider, for any budding entrepreneur or individual who is looking to create wealth in the modern world.