Buy a retiring owner's business or build your own? Find the ownership path that fits your money and risk 👉 https://affordanything.com/fiire Roughly 3 million Americans who own private businesses — car dealerships, beer distributors, dental practices — are collectively worth more than ten times the entire Forbes 400. Most of them didn't start rich, and you've probably never heard of a single one. Economists Owen Zidar (Princeton) and Eric Zwick (University of Chicago Booth School of Business) spent more than a decade linking anonymized tax records to the people who own America's private businesses. They share what they found in their new book, The Everywhere Millionaire. Chapters: (1:20) Why 3 million business owners outweigh the Forbes 400 (5:13) The overlooked businesses behind America's quiet fortunes (10:22) Why retiring owners could be your buying opportunity (16:31) Own all of something small, not 2% of a unicorn (20:36) Buy a business or start one? (25:24) How to fail small without getting wiped out (30:35) What yacht and private jet data revealed (40:20) Most successful founders didn't grow up rich (59:31) Double down or diversify once it works? (1:08:51) Should you leave a high-paying job for this? __________ ❓GOT A QUESTION? WE'D LOVE TO HEAR IT https://affordanything.com/voicemail __________ 🎧 NEVER MISS AN EPISODE Apple Podcasts: https://affordanything.com/applepodcasts Spotify: http://affordanything.com/spotify __________ 🤗JOIN OUR PRIVATE COMMUNITY: https://affordanything.com/community 🤗STAY IN THE LOOP: https://affordanything.com/newsletter __________ 🛠 TOOLS AND RESOURCES: 👉 The Everywhere Millionaire (book): https://link.amazon/B04y1xfaU 👉 The Everywhere Millionaire on Substack: https://everywheremillionaire.substack.com/ __________ 👀 WATCH THIS VIDEO NEXT: Codie Sanchez: The Millionaire Formula They Don't Teach in Business School 👉 https://www.youtube.com/watch?v=qbNEP41CW5s __________ 👋 SAY HI ON SOCIAL: Facebook: https://facebook.com/affordanything Instagram: https://instagram.com/paulapant X: https://x.com/affordanything #boringbusinesses #buyingabusiness #entrepreneurship #wealthbuilding https://youtu.be/HquPtbqHWpI