My First Million Rapid Fire Business Ideas, How to Buy a Public Company, and Mastering Your LinkedIn Profile
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Jan 24, 2023 Suli Ali, a serial entrepreneur and investor renowned for his expertise in mobile apps, joins the discussion to share his insights on innovative business ideas. He passionately discusses the concept of acquiring public companies and why it's an intriguing venture for him. Suli also provides tips for crafting an honest LinkedIn profile that truly reflects one's professional journey. Along the way, he engages in rapid-fire personal questions, revealing his next big moves in the entrepreneurial landscape.
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Transparency in Dealmaking
- Disclose all potential deal-breakers upfront when selling a business to build trust.
- Buyers care more about strategic reasons and financials than nuanced wording.
Signalling Interest
- Express openness to selling your business when asked, even if you're not actively seeking a sale.
- Position yourself as receptive to the right opportunity, signaling interest without desperation.
Identifying Charlatans
- Suli Ali quickly identified a potential buyer as foolish based on their communication style.
- The buyer led with flattery and lacked substance, ultimately making a large but unwise offer.