# What Most People Get Wrong About Buying Businesses | Trish Scelfo E504 Page: https://stenobird.com/podcast/the-rich-somers-report-5905323/what-most-people-get-wrong-about-buying-businesses-trish-scelfo-e504 Text version: https://stenobird.com/podcast/the-rich-somers-report-5905323/what-most-people-get-wrong-about-buying-businesses-trish-scelfo-e504.md Podcast: [The Rich Somers Report](https://stenobird.com/podcast/the-rich-somers-report-5905323) Published: 2026-05-16T15:00:00+00:00 Episode link: https://www.buzzsprout.com/2615786/episodes/19187312-what-most-people-get-wrong-about-buying-businesses-trish-scelfo-e504.mp3 Audio file: https://www.buzzsprout.com/2615786/episodes/19187312-what-most-people-get-wrong-about-buying-businesses-trish-scelfo-e504.mp3 Processing state: not_requested JSON: https://stenobird.com/v1/public/podcasts/the-rich-somers-report-5905323/episodes/what-most-people-get-wrong-about-buying-businesses-trish-scelfo-e504 Duration seconds: 3310 ## Resource Accredited Investors: Catalina Island deal closes soon. Join waitlist: somerscapital.com/invest Today Rich Somers sit's down wit Trish Scelfo to unpack the world of franchising, business ownership, and how entrepreneurs can find the right opportunity based on their personality, strengths, capital, and long-term goals. Trish breaks down the difference between buying an existing business and investing in a franchise, why service-based businesses can be powerful cash-flow plays, and how ... ## Actions - request_transcript: `POST https://stenobird.com/v1/public/podcasts/the-rich-somers-report-5905323/episodes/what-most-people-get-wrong-about-buying-businesses-trish-scelfo-e504/transcription-requests` — Idempotently request low-priority transcript generation for this episode. - read_markdown: `GET https://stenobird.com/podcast/the-rich-somers-report-5905323/what-most-people-get-wrong-about-buying-businesses-trish-scelfo-e504.md` — Read the agent-friendly Markdown representation of this episode resource. A page view does not enqueue transcription. Agents should invoke `request_transcript` explicitly when they need this episode processed. ## Transcript Full transcripts are not published on public pages unless there is a clear rights basis.