SharkPreneur 1047: The Insider’s Guide to Acquiring a Business with Richard Parker
Richard Parker has been helping people achieve their dreams of owning a business for over 30 years. His ‘How To Buy A Good Business At A Great Price’ program has sold over 100,000 copies in more than 80 countries. He was a partner with Ray Dalio and the Dalio family office for four years in an investment firm that was set up for Richard to mentor one of Ray’s sons in the art of buying businesses.
Richard has personally purchased 13 of his own companies plus one co-investment with purchase prices ranging from $50,000 to over $200 million. He has appeared in Forbes, The New York Times, TheStreet.com, Entrepreneur Magazine, Inc., and has over 200 published articles to his credit.
Listen to this informative Sharkpreneur episode with Richard Parker about how to acquire a business.
Here are some of the beneficial topics covered on this week’s show:
- How it’s important to understand the complexities of buying a business so you can avoid common mistakes.
- How one of the biggest mistake buyers make is diving into the process without sufficient knowledge and preparation.
- Why you shouldn’t randomly search online for a business to purchase.
- How it’s smart to meet with multiple people selling their business to gain insights into different industries and business operations.
- How cultural alignment and proper integration when acquiring a business are vital to ensure success.
Connect with Richard:
Guest Contact Info
@richardparkerdiomo
facebook.com/RichardParkerDiomo
Links Mentioned:
richardparker.com
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