What if entrepreneurship doesn't have to start from scratch?
In this episode of The Ambition Lab, Wisdom sits down with Corey Parchman, former NFL wide receiver, entrepreneur, author of Already Built, and Founder & CEO of CorePar Holdings.
Corey shares how his journey from professional football to building businesses from the ground up eventually led him to discover a different path to entrepreneurship: buying businesses that are already profitable and making them better.
We talk about the lessons he learned building a real estate development company and an all boys preschool, why business acquisitions can be an overlooked path to ownership, how SBA financing can make acquisitions more accessible, and why the retirement of Baby Boomer business owners could create a major opportunity for the next generation of entrepreneurs.
Corey also explains the mindset shift required to stop believing you have to create everything from zero and why this opportunity may be especially meaningful for aspiring entrepreneurs, athletes, and Black business owners.
LINKS
Website:
https://coreyparchman.com/
Book — Already Built: How to Buy a Business Instead of Starting One:
https://coreyparchman.com/
The Capital Stack:
https://www.linkedin.com/in/coreyparchman-2a8a2790/
LinkedIn:
https://www.linkedin.com/in/coreyparchman-2a8a2790/
Instagram:
https://www.instagram.com/coreyparchman/
Facebook:
https://www.facebook.com/CoreyParchmanDaycare/
Business Acquisition / Consulting:
https://coreyparchman.com/