Utilizing Business Brokers and Private Lending as Wealth-Building Tools, with Jason Yelowitz

Utilizing Business Brokers and Private Lending as Wealth-Building Tools, with Jason Yelowitz

Episode 143

47:06

Jason Yelowitz is a serial entrepreneur with expertise in online lead generation, advertising, and business development. He founded seven companies and currently brokers web-based businesses up to $50 million in value.

The first three businesses that Jason started failed. Two closed simply from bad timing, while the other suffered from too much emphasis on marketing and not enough on profitability. But Jason didn’t let those setbacks stop him. Instead, he used those lessons learned to equip him for the next opportunity. With a $300 investment, his fourth business – a website that connected real estate agents to buyers – expanded to make millions. In 2010, he leveraged all the entrepreneurial experiences he gained in his early career when he joined the team at Quiet Light as a business broker.

In Episode 137, Dr. Ekstrom compared purchasing a business to an escalator when it comes to both becoming CEO and growing your wealth. But what if you’re hesitant about buying or don’t know where to start? Like a real estate broker, a business broker can help illuminate an intelligent path forward. As a seasoned business broker himself, Jason Yelowitz shares the value of working with a qualified professional.

If buying a business sounds too daunting, consider private lending. Also called “hard money” lending. This can be another lucrative path to growing your wealth, this time passively. Jason dives into his experience in private lending and offers several parameters to decrease risk as you start.

On this episode of Money Loves Women, join Dr. Deborah Ekstrom and Jason Yelowitz to learn more about learning from past mistakes, business brokers, and private lending.

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