#98 with Ryan Begelman - How to Bootstrap Buying a Mountain
About This Episode
Sam Parr sits down with entrepreneur Ryan Begelman to discuss his journey of bootstrapping BizNow Media to a $50 million exit and purchasing a $40 million ski mountain. They explore the philosophy of 'holistic entrepreneurship' over the venture-backed growth trap and brainstorm several niche business models across media, events, and services.
Episode Description
Key Takeaways
Prioritize businesses with positive working capital where customers pay upfront, such as advertising or event tickets, to fund growth without external debt.
Utilize a holding company structure to license brand IP and systems to separate LLCs, allowing you to scale multiple ventures while protecting the parent company from individual risks.
Look for 'riches in niches' by identifying successful business models like Masterclass or Burning Man and applying them to underserved professional groups or specific regional demographics.
Business Ideas Mentioned
Masterclass for Specialized Doctors
Content & Media
Drop Servicing for Niche Creative Assets
Agency
Premium Chronic Disease Newsletters
Content & Media
Immersive Art Experiences with Corporate Licensing
Boring Business
Burning Man for the Southern US
Content & Media
The Rescue Dog National Show
Content & Media