Buying a Bankrupt 117-Year-Old Manufacturer
Acquiring Minds
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Entrepreneurship Through Acquisition: A Strategic Approach
The chapter explores the advantages of entrepreneurship through acquisition (ETA) over starting from scratch, emphasizing the benefits of acquiring businesses with existing customers and revenue streams. The speaker discusses the appeal of buying businesses with established brands and customer bases, emphasizing the growing trend of seller financing making acquisitions more accessible. They also touch on the challenges of entering the manufacturing world without prior experience and share insights on future plans for the acquired business, including shifting focus to B2C sales and potential expansion through acquiring other businesses.
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