(Part 3) Top products from r/fatFIRE

Jump to the top 20

We found 8 product mentions on r/fatFIRE. We ranked the 45 resulting products by number of redditors who mentioned them. Here are the products ranked 41-60. You can also go back to the previous section.

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Top comments that mention products on r/fatFIRE:

u/Florida8Concrete · 1 pointr/fatFIRE

Like creating a successful business, it's not so much about following a "do these 5 things" article. It's more about solving hard problems that take time, discipline, and thoughtfulness.

I recently read an outstanding book that I can't recommend enough. It focuses on this very topic. It's called "Finish Big". Here's a link to it on amazon.

In short, the author's general philosophy is to create a healthier, better running business for yourself, because that will ultimately increase the value of the business in the eyes of a purchaser. Namely:

  • Reduce the businesses dependency upon you
  • Obvious basics: have a high margin and show good growth
  • Make the business more durable to market changes
  • Learn to appreciate how long the sale process actually takes
  • Learn to appreciate how you really need help during a sale process as everyone involved in it has different motivations than you do and you probably have the least experience of all of them.

    Read this book. You will thank yourself and it'll receive a permanent place on the bookshelf!
u/KentyMac · 2 pointsr/fatFIRE

Do you or your spouse have the option of being paid as a contractor? If so, that suddenly allows you to expense many things such as a work vehicle, home office, meals, etc. You can find other threads on here discussing this.

As others have said, you might also interview other potential accountants. I didn’t realize how much variation there could be until I finally found a good one, and now it’s like night and day. I’d recommend reading What Your CPA Isn’t Telling You by Mark Kohler. It definitely opened my eyes to things I didn’t know were possible and gave me lots of good questions to ask when interviewing accountants.

u/GildedCodpiece · 3 pointsr/fatFIRE

As far as reputation goes, Quiet Light is at or near the top. I sold through them and it all worked out very well (apart from the buyer taking his sweet time to arrange financing).

The FBA Broker is wonderful to work with. FE International and Empire Flippers are also both legends in the space but I’ve not worked directly with them.

Website Closers does not have the best reputation.

But if you’re new to the game, do yourself a favor and get calibrated by reading this: Buy Then Build: How Acquisition Entrepreneurs Outsmart the Startup Game https://www.amazon.com/dp/1544501137/ref=cm_sw_r_cp_api_i_z1fODbQN3Q40H