On this episode of the Millionaire Podcast we talk with Mr. Nathaniel Moore. Nathaniel is a serial entrepreneur and the CEO and Founder of MCIG, a holding company that acquires struggling companies in the childcare and medical industry, with multiple locations serving over 500 families.

Nathaniel rose to prominence in the early-2000's buying and selling real estate at the age of 19. After finding early success in real estate, Nathaniel then acquired his first business at the age of 22, taking the company from 1 location to 7 locations and revenues in the multi-millions.

Key points from the show:

Become the most interesting person in the room

You don’t have to sell yourself when people are paying attention

Be uncommon where everyone else is common

A lot of people are deferred by what the list price is

Scratch the surface and find the story behind the list price

Looking for the things that scare people

A business is someone offering a service and someone buying a service

Find brokers that are selling companies confidentially

Inject new ideas

Call on deals that you can’t afford

I don’t want to buy a business and buy a job

Get to know the personnel

Tell me your most loyal employee

I’m going to get this thing done whether you support it or not

Drag a deal out long enough and the seller will mentally check out

The upside is the icing even if you break even on the financing

If I can’t make the payment I renegotiate with the owner

Owner financing is a relationship

When they owner finance this indicates that they believe in the business enough to make that commitment

Forget about what you don’t have and start thinking like you do have it, acting like you do have it and speaking like you do have it

Books mentioned

Rich Dad Poor Dad

From the poorhouse to the penthouse