Jeremy Harbour is basically a human black card. His Instagram is a parade of spectacular sunsets, bucket list vacations, designer duds, and five-star feasts.
As I scroll through, I can almost hear Jeremy saying, “Look at me, peons!”
And here I am, drinking coffee from home, dressed like I’m ’bout to mow your lawn and trim your hedges, trying not to cry.
How can I be more like Jeremy?
Simple, he says. You can buy, fix, and sell businesses without cash upfront, lawyers, or leverage.
Read on for Harbour Club reviews.
A huge percentage of small- to medium-sized businesses are owned by the baby boomer generation.
You know, the ones who can never just come out and say what they want to eat.
“You hungry?” you’ll ask them.
“I could eat,” a boomer will say.
“What sounds good?”
“Oh, I’m easy,” they non-answer. “I could do anything. What sounds good to you?”
“Mexican.”
“Boy, you know, your mother and I just had Mexican last week.”
Boomers will drive across town to save six cents a gallon on gas and buy their clothes from Sam’s Club, meanwhile their houses that they’ve lived in for 40 years and bought for $25,000 plus two marshmallows are now worth $1.1 million.
Our moms and dads are unintentionally, screamingly funny.
But yeah, they’re ready to offload their businesses so they can golf four days a week and take an Alaskan cruise – I agree with Jeremy.
He says in the U.S. alone, there are 10,000 people retiring every single day.
There are more adult diapers being sold now than baby diapers.
This presents a tidal wave of opportunity for anyone getting into mergers and acquisitions.
There’s so many boring, everyday types of businesses for sale:
- Air conditioning installers
- Cleaning companies
- Lift engineering
- Management companies
- Plumbing
- Roofing
- Cabinetry
You get the idea. Not very sexy, but these are the lifeblood of the economy.
And the sweet spot for flipping: too small for private equity to take interest, but big enough to make you some good money, Jeremy explains.
Boomers will sell these businesses for reasonable prices, as long as it’s to a “safe pair of hands” who can carry on their legacy.
Imagine snagging a stake in a business without ripping open that velcro wallet of yours.
Then buying 100% of it using its own cash flow.
Next, you sell it for a fat profit.
Rinse and repeat.
That’s exactly what Jeremy and his colleagues are doing to stack generational wealth like fluffy buttermilk pancakes at IHOP.
In fact:
- Jeremy has personally bought and sold 100+ companies.
- Most exits were for six or seven figures.
- He’s advised 200+ deals globally across dozens of niches.
- He’s taken three companies public on stock exchanges in New York, Frankfurt, and Paris.
- And written a book called Go Do Deals, which has 4.4 out of 5 stars on Amazon after 158 ratings.
Jeremy doesn’t just walk the walk; he gets 15,000 steps a day rocking Gucci loafers.
Naturally, this mofo has a mansion, a private jet, and a 100-foot superyacht.
He teaches Harbour Club members 15 different deal structures for acquiring businesses, but one resonates more than others.
It’s called W.I.B.O. (as in Work In, Buy Out) and requires no cash, banks, brokers, leverage, or advisors.
How WIBO works:
- Find a problem in the business.
- Charge a small consulting fee to fix it.
- Add value by doing just that.
- Negotiate a 10-25% stake in the company.
- Sell the company with the owner or acquire the remaining shares.
Harbour Club Events sells the WIBO course, online app, dealmaker community, and ongoing support for two installments of $995 spaced 30 days apart.
Hmm. I don’t know that “undead, speaks English” qualifies me to take over some mechanic’s repair shop.
I’ve never slid out from underneath a hoisted Subaru holding a flashlight in my teeth, wiped the sweat from my eyebrows, and asked my grease-covered technician for a 10-millimeter socket wrench.
I just wouldn’t feel confident.