SOWPub Small Business Forums  

Click Here to see the latest posts!

Ask any questions related to business / entrepreneurship / money-making / life
or share your success stories (and educational "failures")...

Sign up for the Hidden Business Ideas Letter Free edition, and receive a free report straight to your inbox: "Idea that works in a pandemic: Ordinary housewife makes $50,000 a month in her spare time, using a simple idea - and her driveway..."

Also, please no insults or personal attacks.
Feel free to link to your web site though at the end of your posts.

Stay up to date! Get email notifications or
get "new thread" feeds here


Go Back   SOWPub Small Business Forums > Main Category > SOWPub Business Forum
Register FAQ Members List Calendar Search Today's Posts Mark Forums Read

SOWPub Business Forum Seeds of Wisdom Forum

Thread Tools Display Modes
Prev Previous Post   Next Post Next
Old May 9, 2016, 12:02 PM
GordonJ's Avatar
GordonJ GordonJ is offline
Join Date: Aug 2006
Location: West Palm Beach, FL
Posts: 2,528
Default Yahoo as a "distressed" business, much like AOL was

Originally Posted by Dien Rice View Post
Thanks AscendedMind for the link to the Joe Cossman video.

Also, thanks Gordon for the Sherman Hunter link, I just signed up!

There are answers to these questions, but the principles are actually the same, whether it's applied to injection molds, copyrighted books, patented products, exclusive distribution contracts, or whatever toll position you choose...

Once you understand the principles, you can apply it to all these things...

Best wishes,


Sherman Hunter specializes in "distressed businesses", which are in great abundance. I think of them as another form of "stored value".

Be it a behemoth like AOL or YAHOO, or a momma and poppa beer joint down the block...

there are many reasons for the distress...many times aging has to do with it, growth to a leveling off, retirement or death of founders...

lots and lots of reasons.

With a creative approach, and often just a piece of paper, one can take ownership of proprietary properties, real estate, goodwill, list of customers, etc. etc. and be an "overnight Entrepreneur".

Dien, your recent foray into the African (you did attack with great gusto, eh? HA!)...importing marketplace dealt with both stored value and distressed merchandise.

Sherman Hunter had a decade long partnership with Harvey Brody, as a computer guy and a hand in the publishing business...

so, when you read Hunter's stuff, you'll see a lot of Brody like lingo in there.

Taking over a distressed business is akin to finding the stored value in molds, dies, tool, and all other rusting in the corner ASSETS.

I've written about Tiny the tow truck driver who took over a business with the profits the business was already making. Today, there are many baby boomer owners, with a desire to retire, but don't want to pay the taxes an outright sale would cause...

so they are amenable to an "out of profits" buy out, often structured like a land contract deal...

Sherman Hunter hooks people up, as well as teaches some of the fundamental principles which were shared in the chain, which was Harvey working with Joe Cossman on a per diem basis and learning and growing, and Sherman working with Harvey...

I believe this Toll Position/Stored Value/Distressed Business model to be known to less than 5% of people seeking either a business or financial freedom...yet, combined, they may be some of the most


strategies for gaining an unassailable fortress of freedom.

Reply With Quote

Thread Tools
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

vB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Forum Jump

Other recent posts on the forum...

Seeds of Wisdom Publishing (front page) | Seeds of Wisdom Business forum | Seeds of Wisdom Original Business Forum (Archive) | Hidden Unusual Business Ideas Newsletter | Hotsheet Profits | The Art of Leverage | The Success Report | Persuade via Remote Influence | Affia Band | The Entrepreneur's Hotsheet | The SeedZine (Entrepreneurial Ezine) | The Fly Low Collect Dough Update Hotline

Get the report on Harvey Brody's Answers to a Question-Oriented-Person

All times are GMT -4. The time now is 08:43 PM.

Powered by vBulletin Version 3.6.0
Copyright ©2000 - 2020, Jelsoft Enterprises Ltd.