Are you planning to expand your investment portfolio but can’t find the right business to purchase? Not to worry, the Skip the Startup platform can help you find a suitable business in just three weeks. That’s right!
You don’t have to do a cost-benefit analysis for over 50 businesses to find the right one for your portfolio. We all know how daunting such a process can be, not to mention the probability of making the wrong investment.
But with the help of an expert from Skip the Startup, you can (literally) skip this process to find that one business that will generate profits from the get-go.
But before reading what I have to say about Skip The Startup, I need to say that I don’t recommend starting a firm with this model. Why? Because businesses come and go, and you will be on a continual hustle to find more profitable businesses. This video teaches a business model using google maps where you setup your OWN websites and rent them out to clients instead. If a client decides to leave, you can simply find another client and point the leads to them instead. I highly recommend this business model instead of the Skip The Startup program.
Here’s a video of my daughter’s business using this :
The program my daughter used above is much better than Skip The Startup. But since you are here to learn about Skip The Startup, lets get back to our review of that:
Who is the Brains Behind Skip the Startup?
You’re probably wondering who is the brains behind this genius idea. I set out to find out who developed Skip the Startup service, but I couldn’t find his name. Apparently, the service is credited to a seasoned entrepreneur whose journey began with selling vehicles on Craigslist.
This venture had him making a decent sum before he transitioned into buying and selling businesses. He made his first break after selling a two-million-dollar car dealership, making $107,000 in profit.
Today he has a vast business portfolio comprising a repair shop, a diesel repair shop earning seven figures, and a body shop generating over a million dollars.
What is Skip the Startup Service?
Skip the Startup is a service that helps entrepreneurs find a suitable business for investment. The team understands that analyzing 50+ businesses to determine the right one for purchase can be overwhelming hence offers to do it for you at a fee.
They’ll analyze hundreds of off-market deals monthly, identifying the best ones. The founder brags that 80% of his clientele secures a business from the initial recommendations while 18% find a suitable match in the next round. In a nutshell, the team offers to:
- Partner with you in finding a profitable business in 21 days
- Structure a deal in your favor while helping the seller find a suitable buyer
- Help you find a general manager to run the daily operations of the business
- Provide one-on-one support and coaching until you achieve your goals
What is the Cost of Skip the Startup Service?
You’re probably wondering about the cost of using a service that saves you countless hours and money evaluating potential businesses. Well, I set out to find out and couldn’t find its cost (red flag!). The founder encourages you to schedule a demonstration call with his team to find out.
What are People Saying about Skip the Startup? Customer Reviews
Like any other investment, you want to find out if other entrepreneurs have purchased profitable ventures with the help of Skip the Startup service. After extensive research, I couldn’t find customer reviews about the service on any third-party site. This is another red flag, given that they haven’t shared the service cost either.
Should You Purchase Skip the Startup? My Verdict
Without a doubt, Skip the Startup service offers an invaluable solution to business people looking to purchase other businesses. The idea of someone doing the legwork on your behalf is impressive for any entrepreneur who understands the process. However, the fact the founder remains anonymous and doesn’t share the cost of the service is a huge red flag for any investor. I would also have loved to find customer reviews on third-party sites like Trustpilot, Reddit, or Better Business Bureau. Customer reviews create a sense of credibility and accountability for any business. I would not recommend investing in Skip the Startup service; there are too many red flags.