Capitalism.com

One of the things Ryan and the FFL team are focusing on in 2017 and beyond is acquiring assets that produce cash flow. And that doesn’t necessarily mean what you think it means. Most people think of real estate or traditional investments. But today’s guest, Shakil Prasla has built a small empire of businesses through buying existing, profitable businesses that he can optimize and automate. Then he moves on to the next one. It’s a fascinating model and this is a fascinating conversation. You’ll learn a lot about an asset building model that very few people seem to be doing. Shakil Prasla is a business investor, meaning he buys and optimizes existing businesses. When Shakil Prasla bought his first business it didn’t take long for him to see that he didn’t want to be wrapped up in the details of the business, carrying out the daily operations himself. He wanted to build systems and hire a team that could do it for him. That way he would be relatively free to purchase another business, optimize it for greater cas