The 20-30 yr olds aren’t interested in them. They’d rather go start a social media app or the next software company.
We have a serious shortage of folks who want to operate good old fashioned businesses.
There is a major shortage.
And every business out there is overloaded with work.
So if you answer the phone, do some basic digital marketing, and work hard to hire and train employees, you can make a few hundred grand a year with absolutely no innovation.
In real estate you should talk to potential investors even if you don’t have a deal for them right away.
The earlier you can start building the relationships the better.
We’re funding deals today with folks who have been following along silently for months / years.
And if you have no deals and have never done one but plan to do a deal in the future -
Get wealthy people involved and talk to them about your strategy, plans, etc.
You’ll learn a lot and have loyal backers as you prove your competence.
And it almost always comes down to timing.
Fear (of other investments, stock market, etc), excitement (for your asset class), liquidity (just sold a business, etc) all really matter when it comes to WHEN someone will be ready to write a check.