Have a friend who just finished his first year running his own business, his story can be a blueprint for some of us.
He previously worked somewhere that would use outside contractors to complete work. My friend would work closely with these contractors, eventually befriending an owner of a contractor company who was looking to retire.
My friend was able to purchase the company via “owner finance”, where he paid the seller over a few months using income from the newly purchased company.
Now my friend earns a lot more money, can hire people, and is in control of his work schedule so he can spend more time with family.