Turning $500k into a $38m Holdco (No Investors)
Acquiring Minds
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Building Trust Through Transparency and Communication
The chapter explores how the speaker emphasizes transparency and building trust with sellers by allowing due diligence, sharing annual reports, and encouraging contact with employees and references. It also delves into the importance of effective communication and leadership in managing transitions post-acquisition, showing the significance of addressing issues promptly at the plant level. Additionally, the speaker shares a challenging experience requiring swift action to align company values, highlighting the importance of maintaining values-based decisions and proactive communication.
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