How do I go about buying a multi-million dollar business, with no money?

Question

I know that this sounds weird, but it has always been my dream to own a buisness, but I have no money, I am only 18 years old and I want to start out my adult life after high school with a bang so all I have to do is go to college and be set, I know that this also sounds snoby and I want to start at the top, but there is a reason for that which is I want to donate to charitys that I love but can't donate money because I am bearly making it now. So if anyone as any advice about how to purchase a multi-million dollar business, please leave answer.

Answer 1

The only way to get millions to buy a business is a loan from someone who thinks you have the knowledge to make a decent profit. Usually that would be parents or grandparents or maybe your spouses family.
If you found someone with money why would they choose you to invest in? What do you bring to the table in the way of expertise they can't hire someone else to do?

Answer 2

Well...
The term "purchase" could be twisted a smidge. Since money is just a form of energy, purchasing could be defined as "putting energy into a project or goal."

If that definition does it for you, you can put the kind of energy you are wealthy in - creative energy - to good use.

If you are willing to be creative, you can:
1. Spend a few years working for knowledge, and learn to do something which fills a need in society.
2. Refine the process until you know every step, and how to overcome every problem.
3. Codify your new system, so that you can teach it to ordinary people.
4. Set these people loose, as your "little money machines."

If you can raise a few grand:
1. Have an attorney help you fill out the forms to start a C-Corporation. Make sure you insist on a C-Corporation.
2. C-Corps allow you to solicit investors. Rent a nice meeting hall, invite a ton of people who have some disposable cash, and pitch your idea to them.
3. What's the idea? Well, that would be YOUR problem, wouldn't it? If you think you can convince people that you're competent, explain that your plan is to purchase x number of _____ (insert franchise here). Explain that you will take a small ownership position once the businesses are profitable, and intend to expand outward. I hear Applebee's restaurants are to be sold as franchises. This could be your big chance.

But I warn you, it takes YEARS to be an overnight success. It doesn't sound snobby to want to become rich... just be warned that there is no easy path and no truth to the get-rich-quick propaganda.

Why do you want to go to college, if you want to own a business? College is for job-seekers. Go to college to _recruit_ employees. Most of the richest people in the world didn't bother going to a college, or didn't go for very long.

But I smell hypocrisy within you. If the _real_ reason you want to be rich is to donate to charities, donate your time and energy. You'll learn a lot about the world, and about yourself.

Hope that helps.

Answer 3

i think you should start you new life in real estate as a mortgage broker or investor or real estate agent to learn the business i think u are in good spirits and on the right track u can start by making sure u establish some credit. i think u should call some commerical lenders talk to some account executives and see who u can acquire properties at no money down and cash out at closing i apologise dont want to confuse u but like i said u can even start by becoming a account executive for a commerical lending company and learn the business like that stay motivated see u pecola30

Answer 4

Meet business people and interact with them. Im pretty sure they will help you. do you have a job right now? if you do talk to your boss ask him about how to own a business show him that ur interested and maybe he will move you up and get you started or help you out.

Answer 5

OF COURSE U CAN HAVE THE MILLION $$$$$ .

Go out to places if U can even get into a club full of men all multi million & billionaires, & then strut in & make yoruself available, making sure U have such a nice PHYSICQUE....it is irresistable to the men (naturally a gay himself) & BINGO!!,,,,VOILA!!! ,,,,,,,U GOT YOUR $$$$$$$

Answer 6

Hard work, and many years or go buy a lottery ticket and pray those numbers come up