Part 2/8:
Kenny's discourse opens with a pivotal question: why should one consider acquiring a business instead of starting from scratch? The statistics regarding startup failures are staggering—over 90% of startups traditionally falter. Using this data, Kenny contends that acquiring a business allows investors to bypass tumultuous startup phases. By buying an already functioning entity, investors gain instant access to existing cash flow and established operations, making it a far less risky venture.