Buying & Growing a Business While Keeping a Day Job
Acquiring Minds
00:00
Navigating Banking Issues and Building Relationships for Business Acquisition
The chapter discusses challenges faced by the speaker with their initial bank for a business acquisition due to paperwork issues, leading to a switch to Live Oak Bank for a smoother process. It highlights the importance of building relationships with banks and the need for resilience in securing deals. Additionally, it touches on balancing business acquisitions with family responsibilities, involving spouses in wealth-building journeys, aligning incentives with operators through equity stakes, and hiring individuals with life challenges in business operations.
Transcript
Play full episode
