[Wealth on Your Terms Podcast with Tobi Adekeye] How to buy an existing business with Charles Kayitaba.

In this episode of Wealth on Your Terms, I sat down with Charles Kayaba, a business broker who’s worked on millions of dollars in transactions, to unpack what it actually takes to buy an existing business. We broke down how business ownership works, who it’s right for, and where it fits into the bigger picture of building wealth.

Whether you're a 9–5er, investor, or just exploring other options, this conversation might open up a new path you hadn’t considered.

Topics we covered:

- Why buying a business is more accessible than most people think

- Buying vs. building: when it makes sense to skip starting from scratch

- Franchises vs. independent businesses (and what banks actually look for)

- Why specialization matters when getting funded

- Real estate vs. stocks vs. business ownership, and which is right for what goal

- Money lessons from high-income earners and business owners

🎙️ About Wealth on Your Terms

Wealth on Your Terms is a podcast about building wealth, freedom, and impact — in ways that actually work for your life. Through unfiltered conversations with builders, unconventional thinkers and investors, we break down the real playbooks behind modern wealth building and freedom living, so you can figure what works on your terms. Hosted by Tobi Adekeye.

📧 For partnerships and business inquiries: tobimgt@gmail.com

📲 Follow us on Instagram: https://www.instagram.com/wealthonyourtermshub/

Subscribe & tap the 🔔 so you don't miss the next episode.

To allow us post more episodes,

- Hit the like button to support this podcast and

- Write a review and Rate us 5-stars on Spotify and Apple Podcasts

🔗 Listen on Your Favorite Platform

- Spotify: https://open.spotify.com/show/1XfWOhFXOVgqurc3ubL6Ed?si=120a11990ec140c9

- Apple Podcasts: https://podcasts.apple.com/ca/podcast/wealth-on-your-terms/id1826415199

- Watch more episodes: https://www.youtube.com/playlist?list=PLiXreb5FVE9xxyOQ119CArRdWpRJf31vw

--------------

🏡For real estate inquires, I'm Tobi Adekeye, Realtor®. I'm licencsed under On The Block Realty, Brokerage – Vaughan, Ontario- Book a call: https://calendly.com/tobiadekeye01/tobi-adekeye-real-estate-discovery-call?month=2025-07&fbclid=PAZXh0bgNhZW0CMTEAAae78aNVlFj9ctqVCTHfwu4bLfxTbSIOzAdCvFEOO-0deyxstAQj47f8Mn83jA_aem_x3KfybQQmrsC30wc7wpgBg- Follow our real estate page: https://www.instagram.com/tobi.realestate/

📌 Timestamps0:00 – Intro4:25 – Sweat equity, and how it changed his path 11:51 - Alternative path to wealth (buying businesses) 38:10 – What to prioritize in your 20s to build wealth39:40 – Lessons from wealthy people42:05 – I'm $40K in credit card debt — should I tell my partner?

✨ Connect with me, Tobi:

📷 Instagram: https://www.instagram.com/tobi.derin/

🎥 Tiktok: https://www.tiktok.com/@tobiderin

👩🏾‍💻 LinkedIn: https://www.linkedin.com/in/tobiadekeye/

🗞️ Newsletter: https://tobiderin.substack.com

📲 Connect With Charles - IG: https://www.instagram.com/_ckthebroker/

#wealthonyourterms

Disclaimer: The information shared in this episode is for educational and informational purposes only and does not constitute financial or legal advice. Please do your own research or consult with a licensed professional before making any investment or financial decisions.