White Collar Roll-Up from $700k to $12m
Acquiring Minds
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Navigating Family Dynamics in Business Acquisition
This chapter explores the complexities of acquiring a family-run business, emphasizing the importance of industry experience and collaboration. Personal anecdotes illustrate the slow negotiation process, the crucial roles of trust and transparency, and the significance of creative financing options like seller notes. The speaker highlights the challenges of transitioning into business ownership while managing operational hurdles and establishing a personal brand within the industry.
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