
How to Buy a $2m Dying Business Then Sell It for 5X
Acquiring Minds
00:00
Is Your Insistence on That a Good Thing?
If your business has a high customer concentration and you have a noously contract, i would frankly, insist on having those conversations during the new nilinos process with your clients. We knew there w'ud be a tran and slightly down after we took it, but it was qui, much quicker than we thought it was. And it was coming from the usteno top 20 20 customers to 20 % of customers. So they were just basely under cutting us, and we were actually starting to lose business pretty quickly. Unfortunate, when you are bigger, your cost of cost to serve ist much higher. To take a product from your, from your warehouse to that to
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