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Ep 41: Wisdom Gained Backing 20+ Entrepreneurial Acquisitions/ Year - Jan Simon [Managing Partner : Vonzeo Capital Partners]

Buy and Build

CHAPTER

How to Get to Know Quick

Getting to know quick is probably it's I mean, I find it difficult sometimes as kind of an optimist. But once there is no an LOI, you know, hold them accountable because in the LOI, it says what you can what you expect from them. And so that's where all of a sudden they have to make an effort. You will do something that the seller will take personal. Because he or she could have done it themselves. That's typically where it kind of breaks. Okay. So we see typically after a year and consulting agreement for six months or 12 months, people don't really get along very well with sellers. Now, when the seller emotionally moved on

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