Two entrepreneurs bought a software-as-a-service business for $4,000 at 21 years old, turning it into a six-figure exit. They emphasize execution over credentials and have since acquired five more businesses under $10,000 each. Commenters shared similar success stories, but caution is advised when buying failing businesses.

Some recommend platforms like Acquire and Reddit subs like r/insideacquisitions or r/saasforsale to find profitable micro-businesses for sale.

Read more at Yahoo Finance: They Bought First Business At 21 For $4K And ‘Exited At 6 Figures.’ Now Say You Don’t Need An MBA, A Huge Budget, Or Experience To Do It