Acquiring Minds Getting Unstuck by Buying a Business
37 snips
Apr 11, 2024 Christian Bateson, entrepreneur who turned a construction services business into a $7.5m venture, discusses the 2008 financial crisis, qualities of top salespeople, choosing business acquisition, difficulties in hiring for construction, post-Covid growth, ignoring red flags in acquisitions, and the benefits of a finance background.
AI Snips
Chapters
Transcript
Episode notes
Christian's Background
- Christian Bateson, miserable at his finance job, found solace in buying a business.
- His background includes an Andover scholarship, Dartmouth, Bear Stearns, and a world trip.
Wall Street Success and Downfall
- Christian made a lot of money at Bear Stearns, even reaching a million-dollar income in 2007.
- However, the 2008 financial crisis led to Bear Stearns' bankruptcy and job loss for Christian.
Transition to Sales
- Christian transitioned to sales at Imperial Capital after Bear Stearns, which he found challenging.
- Despite the challenges, this experience taught him valuable sales skills.