On the first day of each month we review the book of the month (BOM). Our book this month is "Buy Then Build: How Acquisition Entrepreneurs Outsmart the Startup Game”

The traditional narrative of entrepreneurship often conjures images of two guys tinkering over a prototype in a garage that has been converted into a lab. Think of sleepless nights, ramen noodle diets, and the daunting task of building a business from the ground up. It’s a path fraught with risk, where the vast majority of startups fail within the first few years. Walker Deibel’s "Buy Then Build: How Acquisition Entrepreneurs Outsmart the Startup Game" offers a compelling and meticulously argued alternative: he argues that you should bypass the perilous early stages by acquiring an existing, profitable business and then focus on growth from there.

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BOM - Buy Then Build by Walker Deibel