Episode 71: How We Bought a Company Using Bitcoin in 37 Minutes

Episode 71: How We Bought a Company Using Bitcoin in 37 Minutes
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How fast can you close a business deal? Considering the paperwork and negotiation involved in traditional business transactions, it can take weeks or even months. But the world is rapidly changing, and international businesses are moving faster than ever before. Business deals can now happen through a mobile device or a computer and more companies are turning to cryptocurrency as an alternative payment solution. 

In today’s episode, Sharran will walk us through the fastest business acquisition he has done. Listen to how he and his business partner, Jason Capital, bought a business in 37 minutes and generated revenue minutes after completing the transaction. 

DM Sharran on Instagram if you want to utilize Crypto to invest in their funds and deals! 

“I’m really good at investing in companies and buying assets because I’ve lost a lot of money doing it, so I know all the ways you shouldn’t do it.” 

– Sharran Srivatsaa

 

Timestamps:

00:00 The downside of doing traditional business deals

03:20 This is what makes Sharran really good at buying assets

04:10 The partnership between Jason Capital and Sharran 

06:35 What can you accomplish in 5 minutes

07:10 Conversation around Price and Terms (including settlement via Crypto)

09:59 Involving a mutual 3rd party broker to finalize the deal

13:37 How the 37-minute process looks like

15:46 Earning revenue within minutes from acquiring the business

16:32 The importance of trust when entering into business transactions

Resources:

 

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