Consulting for Equity: Become a Strategic Partner in Business
Summary
TLDRIn an introductory video on Consulting for Equity, Chris Moore teaches how you can acquire a stake in someone's business by offering consultation and expertise instead of investing money. He outlines various approaches: solving a major problem in a company, taking over stressful day-to-day roles from a business owner, replicating your proven success in someone else’s business, or connecting companies for mergers and acquisitions. Chris encourages even those lacking experience to develop valuable skills, as business owners prioritize time and stress relief over money. By providing what owners truly want and need, you can partner with them and enjoy the upside.
Takeaways
- 😀 Consulting for Equity allows you to get ownership in a business without investing money, by providing your skills and expertise.
- 👨💼 You can help stressed business owners exit day-to-day operations by taking over major roles.
- 🏢 You can solve a major problem in a business using your experience and get equity in return.
- 🤝 You can be the middleman between buyers and sellers and broker deals for equity.
- 😊 Business owners care about time and stress relief, not just money.
- 📈 You can duplicate your successful methods from other businesses you've grown.
- ⏰ If you have time but few skills, you can exchange your time for equity.
- 🔍 People see your successes and want you to replicate that in their business.
- 💡 Real estate investors can use their deal-making abilities for business acquisitions.
- 👍 Earn while you learn skills that pay well, then pursue consulting for equity deals.
Q & A
What is Consulting for Equity?
-Consulting for Equity is when you provide your skills and expertise to help grow someone else's business in exchange for equity in that business instead of getting paid as an employee or contractor.
What are some options for doing Consulting for Equity deals?
-Options include solving a major problem using your expertise, taking over some day-to-day responsibilities to free up the business owner, duplicating your success from other businesses into their business, or connecting buyers and sellers to broker a deal and taking equity as your fee.
Who can benefit from doing Consulting for Equity deals?
-Anyone with useful skills like marketing, team building, operations, etc. can offer their expertise. People with more time than skills can take over responsibilities for stressed owners. Successful entrepreneurs can replicate their system. Connectors can broker deals between buyers and sellers.
Why would business owners want to partner with someone less experienced?
-Some owners value gaining time and reducing stress over money. A motivated partner can take over day-to-day work, allowing the owner to pursue other goals.
What do business owners really want?
-The key things business owners want that you can provide are: solving core problems, improving systems and processes, increasing profitability, expanding growth opportunities.
What skills should people focus on developing?
-High-value skills like digital marketing, sales, negotiations, raising capital, and investing. Skills that allow you to solve core business problems.
Should people work for others while building skills?
-Yes, earn while you learn. Use your time resource to invest in developing skills that have high demand rather than taking big financial risks up front.
How can connectors benefit from equity deals?
-By using their network and deal-making ability to broker mergers or pair buyers and sellers. Taking equity can be more lucrative than traditional broker/wholesaling fees long term.
How did Carl Allen benefit from an equity deal in the past?
-Carl helped merge two marketing companies overseas and took 33% ownership in exchange. He later sold the merged company for a significant profit.
What's the first step to pursue Consulting for Equity deals?
-The first step is to identify and deeply understand what business owners in your target area really struggle with and need help to solve. Position your value clearly around those needs.
Outlines
🎥 Intro to Consulting for Equity
The speaker Chris Moore introduces the concept of Consulting for Equity, where you can work with a business owner as a partner and help grow their business in exchange for equity, rather than just working for them. He explains there are several options for doing these deals, like solving a major problem in the business, taking over day-to-day roles to free up the owner, duplicating your own success in their business, or brokering a transaction between buyers and sellers.
😊 4 Options for Getting Equity Deals
Chris elaborates on the 4 main options for getting equity in someone else's business: 1) Solve a major problem using your skills and expertise, 2) Take over roles and responsibilities to reduce owner stress, 3) Plug in resources and systems that made you successful, 4) Be a connector between buyers/sellers and broker the deals. He emphasizes that business owners care about time and stress relief too, not just money.
👍 Is This Applicable to Me?
Chris acknowledges that some people may not think they have the skills for equity deals. He advises investing time in high-value skills that are always in demand. For less experienced people, partnering with a burnt-out owner by taking over their responsibilities can work. The next video will cover why owners would partner with you.
Mindmap
Keywords
💡Consulting for Equity
💡surges of income
💡equity
💡exit
💡net worth
💡deal origination
💡day-to-day activities
💡home runs
💡middleman
💡acquisitions
Highlights
Consulting for Equity is when you take what you're already doing and plug it into somebody else's business in lieu of equity
There's a common misconception that business owners only care about money, but many have plenty of money and struggle with time and stress
Taking over day-to-day activities for a burnt out business owner is worth giving up equity to liberate them
Younger people with less developed skills can take over roles for retiring business owners and work as a partner, not just an employee
People who've had big successes can plug in their resources and processes into someone else's business for equity
Connectors can find buyers and sellers, broker deals, and take equity rather than a traditional brokerage fee
Always be earning while you're learning - work for someone while developing skills that are in high demand
Next video covers why owners would partner with you and what they really want
Focus your time investing in yourself, learning skills that pay well no matter the economy
Business acquisitions have options like consulting equity, traditional buyouts, finding buyers and sellers
Taking over roles for stressed owners or connecting companies can be done for equity rather than a fee
If you're young with little experience, always earn while you learn valuable skills
Next video covers what owners want and why they'd partner with you
Let me know your skills, what you do, and any questions in the comments
I'll try to answer every comment below the video
Transcripts
have you ever wondered how you can get
stake or equity in someone's company
without investing a dime of your own
money or maybe you're a consultant and
people are always trying to work with
you but you're almost at your Wit's End
and you don't have any more bandwidth
because you're only one person or maybe
people come to you all the time because
you're brilliant you're great at what
you do and they say hey I want to pick
your brain welcome to the world of
Consulting for Equity where you can work
with someone as their partner and help
take their business to the next level
without having to work for them as a
consultant or an employee beyond your
paycheck it surges of cash that you can
use to grow your net worth and feed your
Investments hi I'm Chris Moore the
intentional investor and my mission is
to work with people like you and
investors business owners digital
marketers and teach you how to tap into
surges of income large amounts of income
all at one time rather than just
increasing your income every year not
talking about the income that's
allocated to your monthly bills and
expenses and cost of living but money
that can be free and open open to invest
money on top of your normal monthly
income and I host a podcast multiple
times a week called the surges of income
podcast where I bring people on just
like you and I talk to them and Mentor
them and help them through their journey
of how they can really get to the next
level become a business owner acquire
businesses take the real estate
investment game to the next level and
learn how to do product launches in Live
Events where they can make surges of
income all at one time outside of their
normal monthly recurring Revenue in this
video series that starts right now
called Consulting for Equity I'm going
to teach you about one of my most
favorite and Powerful ways to become a
business owner to get into the business
acquisition game from plugging in what
you already do every day and what you're
great at into somebody else's business
for equity and a retainer fee on top of
that I've been teaching Consulting for
equity for quite a while and I've done
several of these deals myself so I'm so
excited to teach you all my methods of
how to get these Consulting for Equity
deals how to negotiate them how to find
the right people working on your deal
origination exactly how much Equity
should you ask for and so much more so
tune into this entire video series watch
the whole thing and I promise you'll add
a lot of value to your life
so what is Consulting for Equity well
Consulting for Equity is simple it's
when you take what you're already doing
and what you're really great at and you
plug it into somebody else's business in
lieu of equity instead of working with
them as an employee or a consultant or a
contractor and there's a lot of
different ways to do these Consulting
for Equity deals like option one you can
solve a major problem in someone's
business already using your experience
and your expertise or like option two
when you're helping someone exit the
day-to-day activities maybe for a
business owner who's got a lot of stress
and they're wearing way too many hats in
the business you can take over one of
their major roles and really liberate
that business owner option three is
where you can work with someone who's
looking for you to duplicate the success
you've had in other business but in
their business there's all types of
people out there watching you seeing how
good you are who would love for you to
do the same thing that you've been doing
for somebody else's business but for
theirs option number four you can also
be the middleman between people like
buyers and sellers and you can do deals
by bringing two companies together or
finding a buyer finding a seller putting
them together almost like a wholesale
deal and take equity in the business for
your time and for brokering the
transaction so before we dive into this
too deep remember I'm releasing an
entire video series on this topic so
make sure you go and watch every single
video because I'm going to break down
pretty much a master class that I've
been teaching for quite some time with
Carl Allen in this video series so you
can have all of my best stuff so option
number one to getting equity in
someone's business using Consulting for
Equity is when you go in and you solve a
major problem in their business that is
really worth them giving up equity for
just like I became a partner with Carl
and deal maker there was a major problem
in the business I came in I solved it
and I did it instead of just working for
him as an employee or as a as a
consultant we worked out a deal where I
could go along and grow the business
with them and enjoy the upside and
actually become true Partners so that is
exactly the way that I recommend doing
it if you have certain skill sets like
if you're a business growth specialist
like myself let's say You're really
really good at lead generation let's say
You're great and talented at building
and scaling sales teams or maybe you're
awesome at making companies more lean
and more profitable if you have these
skills you can deploy it on other
people's businesses and find people that
really need your help who value your
expertise and who would love to have you
as a partner not just someone that works
for them there's a common misconception
that a lot of business owners only care
about money and you could not be further
from the truth there a lot of business
owners have plenty of money but what
they're really struggling with is time
and stress the second option for doing
consulting for Equity deals is simply
taking day-to-day activities or taking
an entire role or two rolls away from a
business owner and really liberating
them to be able to go pursue other
things or be able to have some time off
for once and that is definitely worth
some business owners giving you equity
in their business so imagine you're
dealing with somebody who owns a roofing
company somebody who has tons of money
but they're really having a hard time
keeping employees or their middle
management layers and from there they're
working 63 three hour weeks let's say
they're in their 60s there's ways for
you to plug in what you do and your
expertise into their business take an
active full-time role in the business
take one of their roles off their plate
and allow them to actually have some
breathing room and when you do this
correctly and you approach it correctly
you can get them to offer you equity in
the deal which I'll teach you in a
further video how to get people to offer
you Equity but I'm telling you it's not
just about money it's also about time
and relieving stress and in another
video about what do business owners
actually want and how you can give it to
them I'll go over that entire list in
detail this is a great option for
someone to say Chris I don't have a lot
of skills necessarily but I do have a
lot of time a lot of ambition and I
really just don't want to work for
somebody else I'd rather be a business
owner for someone like you number one
you definitely need to go out and learn
a lot of really valuable skills that pay
unbelievable money no matter what the
economy is doing I've talked about this
all the time but you can plug what you
do in and give your best resource which
is the time you have to spend into
somebody else's business and get Equity
so if if you're one of the younger
people out there younger guys or girls
that doesn't have as many developed
skill sets or expertise or reputation
it's a great option for you to go find
somebody who's needing to retire
somebody's near retirement age somebody
who's burnt out and take over some of
their day-to-day responsibilities and
work with them as a partner in tandem
rather than just an employee
option number three some of you out
there have hit some pretty big home runs
and you've had great Awards you've had
great success and this is a great option
for you option number three for
Consulting for Equity is when you can
plug in what you've already done like
your resources your systems your
processes into somebody else's business
that's made you very successful in the
past and people are dying for this for
me I've done quite a few really great
things I have great resources great
people uh I've got all of this already
figured out and when someone says wow
Chris I saw what you did in that
business I'd love for you to come over
and plug that into my business and blow
my business up as well it's a great
option to do Consulting for equity and
like I said in a further video I'll
teach you how to get people to offer you
Equity so it doesn't feel as unnatural
and it's much more organic but it's very
very powerful so when people are
watching you they've seen what you've
been capable of doing they've seen your
home runs they've seen your wins they've
seen your successes it's a great way for
you to just plug in everything you did
to that business into their business and
do it in Lulu uh working for them but
instead just for equity
option number four let's talk to you
Real Estate Investors wholesalers
connectors out there maybe you don't
have a tremendous like uh obvious skill
set like digital marketing or business
growth or negotiations but you're a
great connector you know lots of people
you've got a great Network and you just
have a knack for talking to people well
you can put that strength to work in
Consulting for Equity by helping
businesses maybe merge together find a
buyer find a seller and you can actually
instead of taking a success fee or like
a brokerage fee or a paper flip fee you
can take equity in the business right
you can take business a business B put
them together and take 33 20 10 just for
handling the transaction and that's kind
of wholesaling deals and what's so
powerful is every time you look at a
potential opportunity there's so many
different ways you can work with it just
like if you're in real estate you find a
real estate property as an investment
you're like wow I can buy and hold this
and rent it out I could buy this hold it
and turn it into an Airbnb I could flip
it for a quick profit I could wholesale
a deal I could do subject two and take
over their mortgage payment there's so
many different ways you can do it
business Acquisitions is the same way if
you're going after traditional leveraged
buyout Acquisitions like we teach a deal
maker you may come across some that
would be great fits for Consulting for
Equity you may be meeting people that
have underdeveloped businesses maybe
they aren't ready to retire yet they
don't want to sell but they'd love to be
able to give part of their business away
to have you come in and solve a major
problem or in this case maybe wholesale
and find somebody else like I talked to
someone a couple days ago they're like
Chris I don't necessarily have all these
skills but I told them you are a leader
you're a connector and you have
incredible incredible Talent doing
wholesaling why don't you put that same
power to work and use that magic for
deal origination and business
Acquisitions and you can get a fee or
you can get equity in someone's business
by merging them together I've heard Carl
tell me stories about a deal he did
overseas one time where he took two
different marketing companies he bolted
them together and just for being a part
of the transaction they gave them 33 of
the ownership and then later on he exit
that business us and made quite a bit of
money so many different ways to do
Consulting for equity
you may be thinking Chris I don't know
if this is applicable to me I don't
really have a lot of skills I don't have
a lot of experience uh I really don't
have a lot of anything but do you really
think it's possible for me to do
Consulting for Equity deals and why
would someone like a business owner want
to partner with me specifically
it's a great question and in the next
video we're going to talk about the
reasons why business owners would
partner with you and and really comes
down to what do business owners really
want what's in based off where you are
in life this could definitely be a
possibility for you like I said earlier
if you're someone who's very young just
out of college or maybe even go to
college but you have this gut feeling
that you need to be a business owner
you're so you're supposed to be an
entrepreneur and you don't want to work
for somebody else my biggest advice I
can give you is you always want to earn
while you learn always work for somebody
else while you're really developing your
skill sets and why your biggest resource
you have is not money it's time focus on
spending your time and investing your
time in yourself and learning skill sets
that pay unbelievable money that are in
high demand no matter what the economy
is doing things like digital marketing
High ticket sales negotiations raising
Capital investing things that people can
deploy in their business and they always
need making yourself valuable where you
have enough value to pay you for the
rest of your life and you can write your
own ticket so while you're still getting
started maybe you're not quite ready to
do Consulting correct wheels and that's
fine but go work on your skill sets but
in this next video we're going to talk
about why business owners would actually
want to partner with someone like you as
well as what do business owners really
want that's the big question and I'll
see you in the next video so that was
video one and the Consulting for Equity
training series that I'm gonna bring to
you right here on YouTube and what I'd
like you to do is comment below in this
video and let me know about you what
you're doing what kind of skills you
have and then do you have any burning
questions for me I'll do my best to
answer every single comment but I'll see
you in the next video
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