How To Buy And Sell Businesses With No Money

How To Buy And Sell Businesses With No Money

And for those who don’t understand QLA, maybe can you give us a one minute version of what exactly is QLA. How does it work? QLA stands for Quantum Leap Advantage. An advantage where you can take an idea, a thought process, a dream
and turn it into reality. But the basis of it is that right now, we have been in a free money environment for almost 10 years. Meaning the bank interest rates are low, and when bank interest rates are low, the opportunity to buy revenue, and it’s easier to buy
revenue than create it. Because when you buy
revenue, you’re de-risking it because if a guy’s got a
million dollars in revenue, he may have spent three million dollars creating that million dollars. And when we buy a company
from a motivated seller, where free cash flow covers debt service, with no equity involved, it’s like a bird’s nest on the
ground, it’s Pandora’s box. And for the last several years, because of the free money
that’s been in existence, because of the almost
depression from 2008 and 9, we flourished. But QLA works in an up market down market, but we’re buying revenue
from motivated sellers because, for example, we passed a Chinese restaurant
here a few blocks ago. That guys kids, don’t wanna have anything to
do with a Chinese restaurant. So he’s got no right of succession, he’s got nobody to leave it to. The kids don’t want it. He’s not going to be able to
buy it because there’s what, 40,000 Chinese restaurants in Vancouver. And so, we help them with his
retirement plans, so to speak. And we are his, end result
to be able to buy him out, not just him but anybody. And then we roll up five
or 10 or 15 or 20 of these kinds of restaurants, and
then we sell it to, you know, a big conglomerator that
has big restaurant chains, and we hit the cash register. And the model is built to do this every three to seven years. Three years if you do everything perfect. Which we both know, hardly
anybody does anything perfect. No, never. In six or seven years, If you’re good.
If you’re good. You don’t have a lot of mental
bullshit, if you’re good. Yeah, yeah, and but even if you’re dumb it’s eight or 10 years. Yes, and now for those
who are watching this, they may be thinking, cus
now everybody’s talking about I’m starting, I’m an entrepreneur, right? Anyone can put it on Instagram. Correct.
Right? Yesterday they were unemployed,
today they are entrepreneur. Correct. So, it’s kind of funny to see that. When I first heard about the concept internal growth verses external growth, which internal is growing
through marketing, basically a bunch of marketing. Organic.
Organic right? External which is like
you said buying revenue. Back then, again I couldn’t
appreciate the genius of it. Cus I was like ah, I had a
lot of like, just lower self, mental barrier where I don’t
have money to buy company. Why would they sell it to me? Why would they sell to a young guy? How would that work? How
will I manage these people? Like I had all of this
bullshit in my head right? But, what I realize is
even now with baby boomers, a lot of them want to sell the business. There are a lot of opportunities, and you could actually acquire business with none of your money. I know it’s hard to believe if you don’t fully understand QLA, you’re like oh that’s impossible. No, it’s very very possible. Maybe talk to us about the, about money. Well first of all, on my website, we developed something last
year called QLA for dummies. [Dan Lok] (laughs) That’s
beautiful, that’s awesome. Because as you well know, I’ve been giving away all my
product for almost 10 years. Yes, yes. But everybody, they come and say but Mr Pena where do we start? Because there’s like almost eight gigs of
free material on my site. Which a lot of it is on your site. Yes, yes. On youtube too. Okay, so we developed
this QLA for dummies. And it takes you step by step, how to work through the
site and how to do it. But money right now is,
the system is built on OPM other people’s money and other people. Those are the two biggest
levers in life that you have. And right now, as long as
the company is cash flowing, meaning as long as it’s making money. If it’s losing money,
if it’s losing 10,000– There’s a turn around right? Yeah, yeah, yeah. Turn
arounds is another thing. After you’ve bought five or 10
companies that are profitable then you can go find turn arounds. But turn arounds is another
level of sophistication, as far as management’s concerned. Like, you know enough to
turn around businesses now cus you’ve been at it. But when you first started, You don’t wanna do that.
You don’t wanna do that. You’re not good enough to do that. No, no. Even the guys
that’ve been at it a while, aren’t good enough to do it. But right now, the idea of buying
companies that have cashflow and that are in other
words they’re paying taxes on some earnings that they have. It’s quite simple. And again, it’s all free on my website and I challenge you to look at it.


  1. Matteo Ji says:

    2 Legends✨

  2. VisonaryGamer says:


  3. One Minute Daily says:

    Why does everyone upload at the same time during this minute?

  4. Mohamad Allan says:


  5. Rawan Duski says:

    Dast xosh. Very good

  6. Gradual Improvement says:

    Great video

  7. Lyrics ASF says:

    Hey Dan , you probably won't see this but I am stuck in this problem , See I am making videos for Instagram clients but how can I take money from them in a equal Manner like if I give them video what's the guarantee that they will gonna pay me , is there any solution please I want your help 🙏
    I know I could have Google it but you have done this hustling in your early days so you have some experience in it 🙌

  8. Siddharth Tandukar says:


  9. O'SSÉIN - Master Your Mind With Me says:

    Isn’t that what Wall Street guys do?

  10. Dhiraj Sogy says:

    Love from india

  11. BigGinger says:


  12. Drake Miller says:

    Use Craigslist 😂 seller finance

  13. Kadusa says:

    Big Money Big Boss

  14. zahid dawood says:

    Looks like the Dan's conference live from back seat of car

  15. sheikh shuaib says:

    800th viewer 💜 mr Dan lok throw me a heart

  16. Aleksas says:

    Hey Sifu, could you possibly offer more on DOD for free?

    It hurts me to ask, but I would appreciate it.

    Like a Copywriting secrets part II.

    I'll pay my dues as soon as I can, that is a promise.

  17. Hritik Jain says:

    Dan , we all love you and try to follow all the teaching of yours that are making a big difference in our lives , so please always try continue this generous work of yours..

  18. Ayman Abdellatief says:

    This is massive value!

  19. Hussam Ghassan says:

    You gotta call this video " Dans In Car "

  20. Mohammed Musab Khan says:

    Dan do a video on QLAs it's the first I've heard of it, want to learn more….
    Also if you could do a video on scaling a coaching or consulting business would be great
    Lots ok respect
    Musab Khan

  21. K W says:

    Please Dan make a daily routine video
    because we want to know what is the routine of a successful man like you

  22. Maxi van Joy says:

    thanks for sharing ✅✅✅
    peace,love&blessings to everyone☮❤🙏

  23. Prince Falex Vihan says:

    Nice video 😄😄

  24. Mattia Bezzi says:

    Dan …buy a rolls royce

  25. Tony Pearl says:

    As a true entrepreneur, I've always been interested in buying and selling businesses. There's no doubt that learning how to do this from Dan and Dan would be the right way to start.

  26. James Irving says:

    I have one question if someone was to come to you with an opportunity to make money but the downfall is you have to sacrifice money is it worth going for?

  27. The Amazon Dream says:

    Those clips are from the BBC documentary kids who grew up in a Chinese resturatunt … very interesting insight into the sacrifices immigrant parents made to give their children a better life – worth watch.

  28. Siddhant Rana says:

    Dan please elaborate the topic in next video

  29. Dan Lok says:

    What was your biggest takeaway from
    my video? Comment below.

    Also, you can comment any questions
    you have for me.

    I might feature your question
    in one of my next videos.

    Don’t forget. Like. Comment. And subscribe.

  30. Zee Channel says:

    Hi Dan , can help me ?

  31. Guilherme Toledo says:

    Hi Dan, is this book available in Epub? I am in 50K in debt and earning 800 dollars per month, I want desperately to change my situation.

  32. KienSeng says:

    Everybody nowadays is a entrepreneur 😀

  33. BEAR SHOTZ says:

    Love these videos man. So motivational. These videos have helped me alot to evwn monitize on Instagram as an influencer. Guys by the way check my channel im a youtuber at like 50 subs only because i just started.

  34. CSGolden says:

    Can someone explain it to me i dont understand penas that good

  35. Parth Phase says:

    My happiest moment of the day was when I saw both these legends together once again giving valuable advice.

  36. HealthWell7 TV says:

    Listen to you all the time Dan you have inspired me to do my own Youtube page and make up my own health ebook. Plz support everyone! Thx Dan!

  37. Investing Robinhood Investor says:

    Great video Dan! Very helpful

  38. J D says:

    Damn! Dan and Dan!!!!!

  39. Engineering Life says:

    hey Dan,may i ask u a question?, do you still have any regrets in life even though you are one of the most successful person in this world? if u have, can u pls share it to us so that we can learn another lesson from you 🙂

  40. Reggie Mantle says:

    Dan Pena + Dan Lok, One of my most favorite series on this channel!

  41. Pradeep Kumar says:

    For starting a business which one is most important , idea , planning, money to with stand for 3 years, aggressiveness, experience in that field, patience, cunning, over- marketing

  42. William Waters III , MBA says:

    What? I'm lost.

  43. Financial Freedom Style says:

    Part 3, and there are so much more to learn! Thank you Sifu Dan!

  44. Host Promo says:

    Amazing what you can do with so little, another inspiring vid! Thx! 🔥

  45. FULL FILL says:

    Hello sir I want to talk with you just for 2 mins big fan of you … Please reply

  46. SAS Z says:

    Hello Dan!
    I want to ask you a question i have 8 employees in my office and all of them are big from me. So when ever they made mistake I don’t know how to deal with them, Should I shout on them? Or simply I’ll make them to understand how this works properly.

  47. Brady Wade says:

    I did my person of interest speech on you in my public speaking class.

  48. Abrar Ahmad says:


  49. The Life Formula says:

    Fascinating stuff. Love how great both of you are

  50. Marshall Delpé says:

    Hello Sifu, thank you for Making this video with Big Dan, a lot of valuable content. I have a question, and hopefully you can make a video on this, Copywriting vs High-Ticket Closing, is one better than the other and should we build both skills at the same time?

  51. nabam shoping says:

    Sir,My place is not in metro city. My resident is in a rural area even though can I do HTC business?

  52. CHILLY MAN says:

    I really like the second opinion factor of the video great video Dan.

  53. Achinth Murali says:

    It’s like business school, but it’s actually useful and it’s free. 😢

  54. J Cirafic says:

    Great video, QLA looks great and Pena's site was worth checking out, thanks Dan.

  55. Emiliano Sary says:

    Sifu, may I ask, what bibliography would you recomend for learning and start studying about investing in Real State? Thnks. As I always said, I am in my way to make it. And ones I had you will be one of the three people I will fly to shake hands, thnks and give value to. Rewards from Argentina

  56. Richard Massay says:

    gold 💛

  57. Sequency says:

    I wonder what Dan thinks about Trump's business style

  58. Faizman Consultant says:

    Thank you sifu

  59. Marcus Tan says:

    my 2 year aim: to be a website flipper!
    my 5 year aim: to be a business flipper!!
    my 10 year aim: to be a real estate flipper!!!

  60. bghiphop says:

    fire content

  61. IGFURY! says:

    Thank you so much dude, I can’t believe you actually made the video I was asking and waiting patiently for. You are an absolute beast.

  62. Jasper Stojanovski says:

    Pena is a never ending source of knowledge—this is a great series!

  63. Sam Samijan says:

    please indonesian subtitle

  64. Stuart Campbell says:

    So basically a full leverage buyout.

  65. RJP Logan says:

    Too much ALPHA in one car💪🏼😂

  66. J E S T O N I TV says:

    Thanks for inspiring Boss Dan Lok. Stay healthy 💪. Long LIVE.

  67. Boss Dorz says:

    Wow tow millionaire sitting together amazing thats 40 +40 =80 millions in one picture 😇👌

  68. Audi0slave says:

    Always enjoy the variety of content you cover in your videos Dan! 👍👍👍 Any more JKD videos coming in the future? Would love to see more! Be water my friend ✌👊

  69. sheivic says:

    what do you think of this? @ylYI

  70. Masood Pathan says:

    Please give headlines in engilsh understand in very easily. i am from Pakistan

  71. Mark Tan says:

    Legends in the Bentley

  72. Doktor Krok says:

    Impressive advices! Thanks, dear Dan.

  73. Kevin Cisneros says:

    Phenomenal amount of value, thank you dan lok

  74. baongoc sam says:

    Hey Dan, are there any different between selling low value and high value product?

  75. Brantham Hanekom says:

    call yourself "Aspiring entrepreneur". Make sure you have ability to close a job. Make sure if it come that you need to putt up with a job for a while more. that is ok. make sure you have a skill that market wants to have cash flow.

  76. 1hard2findbro says:

    Pena is a fire brand 😡 this is the calmest I've seen him in a while.

  77. Hugo Nunes says:

    God bless these gentlemen. I had the privilege of attending a DSP talk 1 month ago at the University of Greenwich. I have since then moved into my own apartment, started Toastmasters and martial arts. Dan is the real deal, only 100X better in real life. Still, like he says, default is a MFer. It pulls you down, but you just have to push harder. Goal is to attend the QLA seminar by the end of this year. "Yesterday's dreams are today's realities."

  78. Visit says:

    Thanks for sharing, Dan. A key phrase that struck me here is BUYING REVENUE…

  79. Charm R says:

    Respect these two Dans!

  80. Lovelace says:

    Ok, so you buy and sell businesses by finding motivated sellers? It seems too simplistic but I suppose that's the constraint of a 5 minute video

  81. No Donating to Gossip or Entertainment For Me says:

    Anthony hopkins ova here

  82. מנחם קרוגר says:

    Dan, "If you do everything perfectly" why did Dan say it?

    And is it possible to buy a billion-dollar business with other people's money? how?

  83. William Weixin Zhang says:

    my suggestion to some people interested, avoid business brokers…

  84. Joe G says:

    So you buy this business and resell it immediately for more?

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