The "Arbitrage" Secret That Built a $100k/Month Business
Pace Morby · 6,106 words · 31 min read · EN-ORIG

Below is the complete, readable transcript of The "Arbitrage" Secret That Built a $100k/Month Business by Pace Morby on YouTube. Read the full text, copy any part you need, or generate a transcript for any video with our free tool.
So, you're telling me I can just go on Craigslist and arbitrage other people's [music] services? I'm like, "Yes." Like, I don't know why this is hard for people to understand. It is so basic. And he's like, "But, I'm not a licensed contractor." I'm like, "You don't have to be." One of the most valuable lessons that I
learned was after I had just had two partners embezzle from me. I was 25 years old. I was raising money for a company I was a part owner in. And I was bouncing around the country raising money from um investors. And one day, I found out the partners that I was raising money for
had done something so genius to embezzle money from the company. They set up an LLC and acted like that LLC was the name of one of our suppliers of raw materials. And they were paying their own bills to their own LLC acting like it was a Taiwan. We were doing golf balls. And they were sending money to this
manufac- this quote-unquote manufacturer. Ended up being them. Very long story short, I left that company um gifted my shares to the investors that uh were basically being robbed so I could like catch up with you know, what they were owed. And I went out on my own and I was like, "I'm just going to go
back to what I know, which is construction." So, I started this handyman service and I just started hitting the road and started building this construction company knowing I need to pay bills today. And as I scale, I'll start hiring people as my demand goes up. So, I get a call from a guy off Craigslist cuz at the
time I was posting on Craigslist every day. Hey, handyman service, painting, anything I could, you know, post. And I get a call from a guy named Jason. And he says, "Hey, I need you to paint 15 houses a week for me. Can you handle that?" And I'm by myself. I'm a solo guy. I'm
Transcribe another video
Paste any YouTube, Instagram or TikTok link to get a free transcript.