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The Profitable Path: Unleashing Business Brilliance with Marcus Lemonis

Business Lunch

00:00

The Importance of Accepting the Financials

"You pay a huge premium for businesses that have proven that they are recession-proof," he says. "I've missed deals out of my ego, because I had never done a deal at more than 4X or 5X" Don't paint too rosy a picture with bankers, and don't sign covenants you don't want to live with.

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