6min chapter

The Game w/ Alex Hormozi cover image

How to Sell a Business | Ep 385

The Game w/ Alex Hormozi

CHAPTER

Getting the Right Bankers for a 30-Day Diligence Process

Once you've gone through this whole diligence process, which takes 16 to 90 days, there was like three months of looking for bankers and figuring that part out. The longer the process takes, it is in the buyer's advantage that it take a long time. You really need a strong management team, a place we can continue to grow the business without you. And if you're gonna get over the coals, don't forget about non-competes.

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