Acquiring Minds

When the Business Can't Be Saved: Resilience

61 snips
Sep 26, 2024
Dustin Fusillo, a first-time business buyer, shares his eye-opening journey into acquiring a struggling ATM parts and services business. He discusses the emotional rollercoaster of personal growth after divorce and losing money in multiple ventures. Dustin emphasizes the importance of mentorship, navigating acquisition challenges, and the harsh realities of misreported financials. He also highlights resilience during tough times, using strategies like meditation and financial analysis to cope and adapt as he learns valuable lessons during his entrepreneurial journey.
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ANECDOTE

Early Entrepreneurial Spirit

  • Dustin Fusillo's entrepreneurial journey began at age 11, mowing lawns to buy a bike.
  • This experience instilled in him a strong work ethic and the value of earning money.
ANECDOTE

Startup Experience

  • After college, Dustin worked for an angel investor, helping build a private school from the ground up.
  • This experience ignited his passion for organizing, planning, and growing businesses.
ADVICE

Growth from Pain

  • Learn and grow from painful experiences instead of numbing them.
  • View these challenges as opportunities for personal and professional development.
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