My First Million
The best business ideas come from noticing what's working and doing it better, faster, or for a different audience.
Stacking Golden Geese
Sequential acquisition strategy where each successful business acquisition funds and de-risks the next, creating compound wealth building through cash-flowing assets
How It Works
Use cash flow from first successful acquisition to fund second deal, then use combined cash flows for third deal, creating exponential growth in acquisition capacity while reducing personal risk
Components
Acquire first cash-flowing business with minimal down payment
Optimize operations to maximize free cash flow
Use cash flow to qualify for larger acquisitions
Repeat process with increasingly larger deals
Maintain discipline to reinvest rather than lifestyle inflate
When to Use
When you have limited initial capital but access to cash-flowing businesses, want to build wealth through business ownership rather than starting from scratch
When Not to Use
When you have abundant capital already, when target businesses don't generate consistent cash flow, or when you lack deal-making skills
Anti-Patterns to Avoid
Example
“Buy military recruitment firm for $1M using SBA loan, generate $200K annual cash flow, use that cash flow and track record to buy $3M pool business, combine $500K annual cash flow to acquire $10M manufacturing business”