Episode 129: Problem Solving for Profits
In this episode, David and Mike talk about problem solving in business.
“We trade convenience to discount”
The convenience is LIQUIDITY and this is how they do it:
Offer Cash Buy Asset Close Quickly MARKET TO PEOPLE WHO ARE DISTRESS
They also mentioned (2) two categories of distress people
1) They are personally distress
2) Their property is distress
This is worth $$$ information so check it out for yourself. Also, check this out to understand more: