Jack Stack on Winning The Great Game of Business
Elevate with Robert Glazer
00:00
Overcoming Financial Challenges and Negotiating Deals
The speaker shares their experience of trying to borrow money for their business and being consistently turned down. They also discuss acquiring a company with no working capital and a large amount of debt, and how they convinced a bank to provide a loan for a leverage buyout deal. Additionally, they explore the challenges faced in negotiating a tough deal and the importance of accurately forecasting financials.
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