saying that they're interested in buying

some type of a business.

So this wouldn't be about starting a business,

but there might be an existing business.

Maybe it's a convenience store

or maybe it's some type of health care practice

or whatever it might be, and they say,

hey, I'm going to buy this from the existing owner

and I think it's going to be a great business.

And they'll often say it generates this much money

and I only have to put this much in

and it feels risk free.

And what I tend to tell them,

and I don't wanna be one of these naysayer people,

I say, possibly.

But what you always have to think about

is why are they selling it?

And sometimes there's a good reason why they're selling it.

Maybe they're retiring and they don't have

someone to pass the business onto

and they see in you kind of the person that they would

love to see running that business going forward.

That could be a very legitimate thing.

But oftentimes, there might be situations

where they might be pumping up some of the numbers,

they might be showing you business

in the busy season or on the busy day.

And so I wouldn't take, especially if it's a small business

that doesn't have auditing,

that doesn't have really strict accounting practices.

I would observe the business for a very long period of time

and I would take your own data

as to whether the numbers you're hearing about are real.

And I also wouldn't discount how much effort

and work the existing owner is putting into it

and what happens to the business

if they're no longer there.

If all of that works out

and if it really does make sense,

then, yeah, you might be onto something.