Main Street Millionaire: How to Make Extraordinary Wealth Buying Ordinary Businesses

Who is this book for?

• Aspiring entrepreneurs looking for an alternative to starting a business from scratch.
• Individuals seeking to escape the corporate world and become their own boss.
• People with limited capital who are interested in acquiring existing profitable businesses.
• Those interested in learning about 'boring' but potentially lucrative business opportunities.
• Readers who enjoy a no-nonsense, practical approach to business advice.

Who is unlikely to appreciate this book?

• Experienced business owners looking for advanced strategies and in-depth analysis.
• Those seeking a completely passive income stream with minimal involvement.
• Readers outside the United States who may find the advice less applicable to their markets.
• Individuals uncomfortable with the idea of potentially selling to larger corporations or private equity firms.
• People who prefer a more academic or theoretical approach to business literature.

Things online reviewers enjoyed about this book

• Provides practical strategies and step-by-step processes for acquiring cash-flowing businesses
• Offers insights on identifying and closing business deals without needing to be wealthy
• Presents a framework (RICH) for finding the right business fit and scaling growth
• Written in an engaging, funny, and slightly sarcastic tone that makes it enjoyable to read
• Balances motivation with realistic expectations about the challenges of business ownership
• Focuses on overlooked 'boring' businesses that can be reliably profitable
• Includes real-world examples and experiences from the author and others
• Covers various aspects including finding, assessing, acquiring, operating, and selling businesses
• Discusses creative financing options and negotiation tactics
• Provides advice on hiring and managing operators for the businesses

Things people didn't like as much about this book

• May oversimplify some aspects of business ownership and acquisition
• Lacks detailed information on timing and costs associated with the business buying process
• Some readers found it too basic for those with business experience
• Can feel like a sales pitch for the author's courses and community
• The approach may not be as passive as initially implied
• Some contradictions noted in the advice given
• May not be as applicable outside the United States
• The exit strategy advice is not as comprehensive as other aspects
• Some readers felt it lacked truly groundbreaking information
• The anti-corporate rhetoric may be seen as misdirected or oversimplified by some