The Process of Buying a Company: Letter of Intent, Due Diligence, and the First 100 Days

▸▸ Join the Big Band Software Team or see if you qualify for an acquisition conversation: https://bigbandsoftware.com/

▸▸ Get My New Book (Buy Back Your Time): https://bit.ly/3pCTG78

Back in 2008, I had the opportunity to buy 10 defunct homes in Detroit thinking it was my golden ticket.

Only to wake up a year later to a nightmare of condemned properties.

I was convinced by this charismatic person that it was a good idea.

But I found out that I was liable and not only could lose my money, but also get sued by owners in the city for the upkeep.

So I quickly discarded those homes.

Here’s what I learned:

You should only invest in businesses based on what you know.

And for me, that's software.

I knew NOTHING about buying homes and putting them into a rental pool.

That’s why I want to share today’s episode where I reveal our ambitious plan to invest $100M in 2024 and how we're going to buy 12 companies in just 12 months.

Instagram: @danmartell

Twitter: @danmartell