A foreword by Jon Davito
In 1931 James Truslow Adams coined the phrase “American Dream” in his book
Epic of America.
He wrote, “The American Dream is that dream of a land in which
life should be better and richer and fuller for everyone, with opportunity for
each according to ability or achievement.”
Adams went on to say, “It is not a dream of motor cars and high wages merely,
but a dream of social order in which each man and each woman shall be able to
attain to the fullest stature of which they are innately capable, and be recognized
by others for what they are, regardless of the fortuitous circumstances of birth
or position.”
Near the mid-century mark of the 1900’s, the American Dream took on a much
more materialistic feel than that of Adams’ original definition. The American
Dream of the 1950’s and latter half of the 20th century was to own a home with
a white-picket fence, have a car (maybe two), have 2.2 children, a dog, a cat,
and a steady job that lasted until retirement.
But what is the American Dream of today? I believe
the American Dream of today is still made up in part of the materialistic definition
of the late 20th century which rewarded achievement and prosperity; but also
incorporates much of James Truslow Adams original, idealistic postulation of
opportunity & higher
social order for all regardless of such “fortuitous circumstances” such
as birth or position.
The American Dream of today is about opportunity and prosperity. It contains
the principle that all men and women have the inherent and intrinsic right to
try and to fail; to pick themselves up and try again. And the American Dream
of today contains the belief that all men and women have the right not only to
achieve, but to exceed in any of their chosen endeavors.
So, why am I telling you all of this? I’m telling you all of this as a prelude
to one of the most amazing opportunities you may come across in your lifetime.
I’m telling you this because I believe that what you are about to hear is, without
a doubt, one of your best chances to achieve our new definition of the American
Dream.
I’m telling you this because there are very few times in one’s life when they
are presented with such an opportunity. And I’m telling you this because I want
you to have the ideal of the American Dream at the forefront of your mind when
you hear about this opportunity so you can make a clear and informed choice about
the path which is being presented to you.
You are about to hear of an offer for occupational freedom and flexibility.
It’s an offer about opportunity and prosperity, an offer for your chance to realize
this new American Dream. So ladies and gentlemen, without further ado, I present
to you the American Business Brokers Network: Partnership Program.
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By: Terry Monroe
What would you say if I told you that you could fire your boss today and gain
the opportunity to generate a six-figure income over the next 12 months? I know
what you would say; you would say that I’m crazy. Well I’m here to tell you
that I am truly not crazy and yes, you can fire your boss and make a six-figure
income.
How can you do this? You can fire your boss today and receive the opportunity
to earn a six-figure income by joining the American Business Brokers Network
(ABBN).
The American Business Brokers Network is a group of professional intermediaries
and market makers for privately held companies. And we are looking for people
who want to make a difference by helping other people and yet like to make money.
Do me a favor, run a quick Internet search on “become
a business broker”. Go ahead, try it. I did that recently and one popular
search engine returned over 9,500,000 results in 0.23 seconds. Almost 10 million
search results in less that a quarter of a second! With all that information
available on the Internet about business brokers, how can one person possibly
sift through all the different companies and select the best opportunity?
Terry Monroe
Terry Monroe is President of American Business Brokers Network, Inc. and has been in the business of establishing,
operating, and selling businesses for more than 28 years.
American Business Brokers, he serves as a consultant for business brokers within American Business Brokers
Network and buyers and sellers throughout the nation.
As an owner of more than 35 different businesses including 10 different national franchises,
Terry has a thorough understanding of business growth and enterprise management including expertise in
multi-store operations and sales.
Over the years, his in-depth knowledge of business enterprising, franchising, financing,
and acquisitions have generated in the sale of over 460 successful transactions.
He has served as president and chief operating officer for five organizations ranging from a single operation
to a retail chain of 155 stores covering 27 states and two countries.
Don’t worry; we’ve done the work for you. We have combed through all the
websites and requested all the necessary information to emphatically state that
we believe joining the American Business Broker Network offers you the best chance
for success when becoming a business broker.
How do we know this? We surveyed a number of the most common business brokerage
companies and training opportunities on the Internet and compared their offer
to ours. The results were astonishing.
For starters, there is not one single business brokerage company or firm out
there that will fully disclose the details of their offer up-front. Most require
in depth interview processes or lengthy applications or resumes just so they’ll
talk to you.
Not us. And this is just one reason why
ABBN is different.
We don’t believe in secret handshakes or jumping through hoops. We believe in
our system and we believe we can train anyone to follow our principals and become
a successful business broker in our network.
We believe in it so much we are wiling to share with you (and anyone else
reading this) exactly what we are willing to offer. This is a major divergence
from the “norm” of the industry. But that’s OK with us because we thrive on
doing things in a different manner. And you can too.
There are several key differences between other business brokerage companies
and the American Business Broker Network. What makes us different? Well, here
are a few examples:
First: our company organization. Joining the American Business Broker Network
is not a franchise opportunity. And we do not require our business brokers to
sign any long term commitments. We are a network of individual business brokers,
united under the American Business Broker brand, who utilize the best technology,
tools, and trade practices that the industry has to offer.
Second: our philosophy. Our objective as an organization is to grow and succeed
together as one. However, we know that organizations are made up of individuals.
And different individuals have different ways of doing things. It’s this diversity
that makes us so strong. Therefore, we believe that you should control when
and how you go about your business.
You decide when you want to work. You can work from home or have
an office, it’s your choice. You can work alone or grow your organization as
large as you like. We don’t require a dress-code. Come as you are. You’re
the boss. There are no industry limitations. You can be a generalist or you
can specialize in a specific area. Work with large or small businesses. And
finally, you’ll have unlimited selling territory with a protected marketing territory.
We won’t cannibalize your office and put another ABBN
broker across the street.
Third: our commitment to technology. We have made a tremendous effort to
advance the use of back-end technology for training, marketing, and listing distribution
so our brokers can focus on their front-end tactics…namely the listing and selling
of businesses. Our investment in a solid company backbone is your gain. We
supply the back office so you don’t have to.
Fourth: our commitment to you. We want to make sure that you succeed. We
will stay in constant contact with you throughout the entire process of listing
and selling your businesses for sale. When you join the American Business Broker
Network you’ll have access to our database containing thousands of Buyers and
we’ll promote your listings to all of them on your behalf. You’ll also get all
of your Buyer leads delivered directly to you via email instantaneously. And
finally, you will receive a monthly activity report on all your listings so you
know exactly what listings may need attention.
As I said earlier, scour the Internet for business broker offers and I challenge
you to find any company that is willing to lay it all out in plain English.
Not only will we tell you exactly what our offer is, we are confident that you
won’t find a better opportunity anywhere else.
When you join the American Business Broker Network, you will receive the following:
- Complete training manuals
covering operations, marketing, buyers & sellers,
pricing, valuation, closings and all the other facets of what it entails
to perform as a business broker. All available in print or digital format.
You will also have access to online audio and video training sessions
- A personalized website and email address to promote your services and your
business listings
- A national website that also promotes you, your services and business opportunities
for sale
- Access to all the necessary forms and contracts to complete a business sales
transaction you will need as a business broker
- Personalized business cards to promote yourself and your services
- Access to an online proprietary listing service to input and distribute your
business listings for sale
- Unparalleled marketing and distribution of your listings
- Open invitation to quarterly live training seminars
- No reporting, no quotas, no minimum sales, and no performance clauses. In
other words, NO BOSS
Oh, and there’s also the money. I’m sure if you’ve taken the time to read
this far you are probably wondering, “How can I make a six-figure annual income.”
Don’t worry; we’ll talk more on that in a minute. But there was a hidden gem
in the list above that I want to expand on for a moment: “Unparalleled marketing
and distribution of your listings”
There is an old saying that goes, “You need to fish where the fish are.”
We couldn’t agree with that old adage more. The approach of fishing where the
fish are is the motivating factor behind our company building a huge network
of corporate owned and third party websites all designed to distribute your listings
to Buyers.
First, there are some companies that believe business brokers should have
a limit on the number of listings they carry. We believe our brokers should
carry as many listings as they want. After all, you can’t sell from an empty
cart. The listings are your lifeblood in this game. Without them, you can’t
make a living.
Second, after you sign a listing agreement with a Seller, you will only need
to input the listing one time into our proprietary listing system. After that,
we do all the work for you. The American Business Broker Network is designed
to distribute your listings to a minimum of 10 of the most popular business for
sale websites exposing your businesses for sale to both national and international
Buyers. And depending on what area or category your business belongs to, your
listing may be listed on up to 55 different web sites.
If an individual would attempt to duplicate the system that the American Business
Broker Network has built for distributing and marketing business for sale listings;
it would cost them in excess of $400 per month just for the 10 businesses for
sale website fees alone. Then there are the additional 55 websites and the countless
hours for development and thousands of dollars spent to obtain search engine
optimization and placement on the Internet.
So, even if you wanted to duplicate the ABBN
system it would cost much more
than the initial fee to join
ABBN
and that would not include the time to implement
the system. Plus the time and money spent to input and maintain the listings.
At ABBN,
we want our brokers to do what they do best. And that is to list
and sell businesses. We don’t want you to sit around and input listing after
listing on the Internet. We want you conversing with Buyers and Sellers and
helping them to complete the sale of their businesses. We want you spending
time with customers and clients. Unless you enjoy computer data entry, researching
and studying search engine optimization, dealing with employees and internet
marketing we suggest you employ the services and systems created by the American
Business Broker Network.
To become part of the American Business Broker Network, we require a $4,995
joining fee. This one-time fee covers all the costs for the manuals, email address,
website, forms, training aides, account activations, and business cards; literally
everything you need to get started immediately as a business broker.
The American Business Broker Network also charges a monthly maintenance fee
of $495.00 for the maintaining of all of the benefits and services mentioned
above including the up-keep of your listings, website, and email account.
Finally, the American Business Broker Network will be entitled to 5% of the
commissions you receive when you sell a business. This is only paid when you
get paid. In essence we are motivated to help you sell businesses. So, for example,
if you receive a $50,000 commission, you will send
ABBN 5%, or $2,500. You keep
95% of what you make!! That’s absolutely unheard of in this industry in this
type of network.
Now, you are probably wondering, “What if I decide I don’t want to
pay the $495 a month or 5% fee to ABBN?”
Well, I suppose you really don’t have to. The $495 a month and 5% commission
split are required to stay a member in good standing with the American Business
Broker Network, but remember you aren’t contractually bound to stay with us.
You can leave any time you want. The only obligation you have is to provide
the American Business Broker Network with a 30 day written notice of resignation.
We still believe in the value system. If we are not creating value for you then
you should be free to explore other options. It is the same belief we have with
our Buyers and Sellers, and we extend that value system to our brokers.
If you decide you wish to strike out on your own as an independent business
broker, you have our blessing. But we don’t think you will want to. We believe
so much in our system of training, technology, methodologies, marketing, and
distribution that we think you will never want to leave the American Business
Broker Network.
Ah, the question you’ve been asking all along and the answer you’ve been waiting
for. First, we cannot guarantee anybody will make $100,000. However, we have
now and in the past, many brokers who make over $100,000 annually year after
year using our system with many of them doing it in their first year. And we
strongly believe that by following our formula, you can duplicate that success.
You see we know that the American Business Brokers Network system works. We
have been using it for years and it has continually provided solid returns for
us and our brokers. The only thing we don’t know is if you will work the system?
As a business broker you make money by earning commissions on the successful
sale of businesses. Put quite simply, the more you sell, the more you earn.
The typical business broker will charge anywhere from 6-12% commission on the
sale of a business with the industry average being right around 10% or a minimum
of $8,000 to $10,000 on the smaller sales.
That means on the sale of a $200,000 business, you could earn up to $20,000
in commission. And since you get to keep 95% of the commission you bring in,
it doesn’t take an advanced mathematics degree to calculate just how fast you
can quickly earn over $100,000. Some brokers like to work with small businesses
earning the minimum and doing several transactions per year. Other brokers prefer
doing fewer transactions, but earn larger commissions on each high-dollar sale.
It is truly up to your personal preference.
Oh, by the way, a final sales price of $200,000 is on the low end of the average
sale price for a business. We’ll let you do the figuring from here.
So there you have it. The complete business plan on what it costs to join
and become part of the American Business Broker Network. $4,995 to join, $495
per month to maintain your membership, and 5% of the commission you bring in
the door with the right to quit anytime with a 30 day written notice.
We have made it very easy to join the American Business Broker Network; one
of the most powerful and fastest growing networks of business brokers today.
But really, the business is all about you. YOU will determine the failure or
success of your business. Selling businesses is hard work, but very fulfilling
and rewarding.
We wish you the best on your journey in life and if you should desire to become
part of the American Business Broker Network we look forward to talking with
you further.
Yours truly,
Terry H. Monroe, President
American Business Broker Network, Inc.
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P.S. - Over the years, after being involved in literally thousands of business
deals you start to get a little cynical and tend to ask yourself, “Is this deal
for real? Does this sound to good to be true?” So to keep things balanced I
always ask myself one last question before I enter into a business deal:
“What is my downside and how much can I get hurt if everything
goes bad?”
Earlier I said that we believe in the value system and I meant that. If we
are not providing a value to our Buyers or Sellers or the Broker members of American
Business Brokers Network then we should go away.
Therefore we are willing to put our money where our mouth is as they say.
If after 30 days of joining American Business Brokers Network you do not think
that there is enough value for the $4,995 that you paid to join and be part of
American Business Brokers Network, just let us know and we will refund your money
with no questions asked. Yes, that is right. No questions asked. 100% money back
guarantee if you are not happy with American Business Brokers Network.
So what is your downside? Where else can you get the opportunity to make a
six figure income with so little of an investment? The opportunities of such
are probably out there, but we know this one works for us.
Don’t wait. If you like to help people and enjoy being a solution minded problem
solver and are looking for the opportunity to make money then contact us today
to find out more on how you can get started in the business of business brokerage.
