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Navigating Failure: Buying a $5m+ Business that Collapses

Acquiring Minds

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The Benefits of Having a Longevity in a Business

I think it's a judicious thing to look at a founder that has run a business for many years, but doesn't have kind of a familial point of exit. And so just having more of a track record of, you know, 15 and 20 year history where you can look at the ups and downs. How did a business do in disparate economic cycles. That there'd be a sense of supporting subsequent entrepreneurs coming in to buy it. It's just a better construct when it's someone that's trying to retire from the business because they've made their money.

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