Welcome to Ask A Billionaire # 49. This is the first non-live recorded webinar. Mr O and I took one question, that came in over the week and answered it in depth.
The question was as follows:
I've heard you say before that buying a distressed business is like buying distressed real estate. Can you talk about that more? What do you look for through the bad to find the value? What red flags do you look for? How would you negotiate with that business owner?

Nowhere else can you get mentorship from a billionaire on a weekly basis other than this podcast and the ENIGMA Mastery Group!

Checkout the Thirteen Standards of Knowledge: https://www.enigmamastery.net/13sok

If you're a small business owner and would like to apply for a free business analysis by Mr. O; send an email to ADMIN@ENIGMAMASTERY.NET. Type "FREE BUSINESS ANALYSIS" in the subject line.

As always, the recluse billionaire Mr. O and I take live questions from attendees.
This week we are answering the following questions:

Question #1:
Have you ever separated from a partner in the middle of a deal? If you did, were you able to complete the deal or did it all blow up?

Question #2:
Do you see a path for the city of Las Vegas to keep being prosperous if the water runs out of Lake Mead?

Question #3:
Why do you hide yourself from everyone?

Question #4:
What is your favorite definition of success?

Question #5:
Businesses in the past few years have inserted the triple bottom line. Do you have any words of wisdom on how to make sure you get good results in all three?

Nowhere else can you get mentorship from a billionaire on a weekly basis other than this podcast and the ENIGMA Mastery Group!

Checkout the Thirteen Standards of Knowledge: https://www.enigmamastery.net/13sok

If you're a small business owner and would like to apply for a free business analysis by Mr. O; send an email to ADMIN@ENIGMAMASTERY.NET. Type "FREE BUSINESS ANALYSIS" in the subject line.

As always, the recluse billionaire Mr. O and I take live questions from attendees.
This week we are answering the following questions:

Question #1:
What should my number one priority be in my business?

Question #2:
It looks like we are going into a" bear market", and the recession is on the horizon. What advice would you share for entrepreneurs and business owners to be successful on the down market?

Question #3:
I know you're a recluse, but you've owned a lot of businesses. Can you share some of the industries that you have experienced in?

Question #4:
How often do you challenge your beliefs?

Question #5:
When you work with veterans, what are the strengths that you see in veterans that I should tap into to become successful in business?

Question #6:
Under what circumstances would you consider taking on a distributorship?

Question #7:
when you're looking for land to buy, what are the features that you have to have? And what lack of features is a no go for you?

Nowhere else can you get mentorship from a billionaire on a weekly basis other than this podcast and the ENIGMA Mastery Group!

Checkout the Thirteen Standards of Knowledge: https://www.enigmamastery.net/13sok

If you're a small business owner and would like to apply for a free business analysis by Mr. O; send an email to ADMIN@ENIGMAMASTERY.NET. Type "FREE BUSINESS ANALYSIS" in the subject line.

To attend a live podcast recording and have the chance to have your business questions answered live by Mr. O, register here: https://www.enigmamastery.net/podcastregister