Yosef Fisher is a Co-Founder at First Fund, Yosef shares his journey from working at a takeout place to buying and selling businesses. He realized the need for funding in the process, he discovered 0% business funding through banks, which allows businesses to access a line of credit or business credit cards and invest in assets that produce cash flow.
In this conversation, Yosef emphasizes the importance of leveraging banks to access capital and buy established businesses already producing cash flow.
Tune in to this episode to learn more about Yosef’s advice about leveraging banks for business funding, buying cash-flow-producing businesses, and investing in assets rather than liabilities!
[00:01 – 02:58] Opening Segment
- We welcome, Yosef Fisher!
- Yosef shares his background, starting from working at a takeout place to buying and selling a business
- His emphasis on the importance of mastering bank leverage to access capital
[02:59 – 36:17] The Benefits Of Business Funding And Get High Credit Limits
- Finding a business to buy can be challenging, but tapping into personal networks can yield the best deals
- Focusing on a niche or skill set that you are familiar with
- Leveraging debt is a powerful tool for investing
- Investing in education and mentorship can fast-track success
- Encouraging a line of credit as security for stability and future opportunities
[36:18 – 41:18] THE FINAL FOUR
- What's the worst job that you ever had?
- Handing out flyers
- What's a book you've read that has given you a paradigm shift?
- “The Slight Edge” by Jeff Olson
- What is a skill or talent that you would like to learn?
- Get a pilot’s license
- What does success mean to you?
- Yosef says, “Success is being happy, doing what you love, and being fulfilled.”
Connect with Yosef Fisher:
Website: Get First Fund
LinkedIn: Yosef Fisher
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Tweetable Quotes:
“Making sure that when you do negotiate with them to make sure to articulate that to them and make sure to communicate with them how the importance of what you're trying to do for them and make sure that we're trying to elevate their business and not take it down in full collapse.” – Yosef Fisher
“Leveraging the banks is something that you really want to learn how to master to do.” – Yosef Fisher
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