Raising $800k to Buy an $8m Business as a First-Timer
Acquiring Minds
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The Decision to Buy a Business
Kevin O'Leary: I was looking at buying a business because I just read the HBR guide that came out in 2017. He tried to buy this business in 2018 through a brokerage that everybody's heard of. It fell apart in financing because they told me I needed X inequity. And then, you know, through underwriting, they're like, actually, we need 2X. So he broke the deal and kind of licked his wounds and went back to his corporate job. His dad came from the healthcare industry so it was just kind of part of my blood. The first five minutes of him being in the ED, the doctor looked at me and is like, you're
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