Selling a Business for 5x a Year After Buying It
Acquiring Minds
00:00
You Should Buy When There's Blood in the Streets
Sumana, you know what this reminds me of is, have you ever heard the Warren Buffett quote that like, you should buy when there's blood in the streets? In other words, when the entire world is. Now he's talking about stocks and equities, not buying inventory for your business. But the same principle applies,. A lot of people had e-commerce businesses that were seeing the same thing in their numbers that you were seeing. And yet they didn't have either the courage or the mental discipline or the foresight to make a giant order like you did.
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