Too Broke To 2 Billion, LLC
Help us purchase profitable local businesses from retiring business owners
Highlights
Our Founder
We Want To Help Business Owners Who Want To Sell Achieve Their Goals.
Too Broke To 2 Billion, LLC was founded back in January 2007. Initially, the company started out in music production. We learned everything we could about intellectual property and employed our research to protect our songs and sounds. By 2009, we had multiple songs under copyright. However, due to unfortunate circumstances with unreliable talent and contract disputes, we eventually shifted towards publishing. Eventually, we stopped our music ventures and focused on making investments.
Over the course of four years, we conducted research on money, business, investment strategies, asset classes and asset protection. This culminated in Too Broke To 2 Billion, LLC publishing a financial education book titled "It's Not Your Fault!" in August 2014.
By 2018, we had formulated our business strategy for the company to operate as an investment holding company. We made our first investment in a private transportation technology startup around February 2018. In August 2019, we decided to invest in more startups companies. To date, we have accumulated an equity or SAFE or convertible note position in 30+ businesses.
While looking for startups to invest in, we stumbled upon the idea of helping small business owners who want to retire or simply move on from their business by acquiring their already established business from them. These types of business owners are motivated to sell. We figured we could create a win-win situation for these business owners and for us.
We want to help these business owners achieve their goals without having to haggle or swindle them with a lot of "creative financing". Due to their current situation, they are already motivated to sell and usually provide very favorable terms for qualified buyers. We want to be that qualified buyer.
Motivated and Ready to Sell!
We have access to a database of small businesses for sale. The owners of these businesses are motivated to sell and ready to move on to the next chapter in their life. We want to help them make that move.
Continued Service to the Community
When business owners cannot find a viable buyer for the business they are selling, they are eventually forced to close down shop. This scenario takes away the livelihoods of the employees who work for them and takes away a valuable business that is providing a service to the local community.
We also want to acquire these businesses to ensure the continued services of these local businesses to the community, and the jobs of the employees.
Now more than ever, we need good businesses in local communities that provide good jobs and are customer service oriented.
Straight Forward Business Model
Our business model is simple and straight forward. We want to acquire profitable businesses from small business owners who want to retire, or just move on from the business. Although there is risk involved with any business venture, this is not a speculative venture with an untested product or service. We are acquiring businesses with real operations and in-demand products.
When you invest in TBT2B, you will become an owner. You will be entitled to your share of the business's success without the headache of managing the day-to-day operations.
Let's Build Our Legacy With Buffett Fundamentals!
If you know anything about Warren Buffett, you should know that friends and family who were early investors in his company Berkshire Hathaway (NYSE: BRK.A) after he took over became millionaires. Buffett's basic philosophy is to buy businesses that exhibit solid fundamentals, strong earnings power, and the potential for continued growth. Local businesses we acquire will meet these criteria. This will build value for friends and family who invest now.