Chandra Rao

Chandra Rao, an acquisitions entrepreneur with a track record of seven successful purchases in six years, shares fascinating insights on business acquisitions. He discusses the importance of detecting fraud and the strategic choice between acquiring smaller entities versus a larger firm. Notably, he recounts a troubling tale of a partner who faked cancer, emphasizing the necessity of due diligence and accountability. Chandra also illuminates the effectiveness of clawbacks and holdbacks to safeguard investments, highlighting critical lessons that can help aspiring entrepreneurs navigate the turbulent waters of business acquisitions.

Experienced entrepreneur Chandra Rao discusses challenges with dishonest sellers, financial struggles, navigating payment terms, and partnering issues. He shares insights on due diligence mistakes, embezzlement, conventional loans vs. SBA, and exponential business growth in electrical contracting and fiber cabling. Rao reflects on juggling a roll-up, dealing with fraud, and the complexities of acquisitions and financing in the construction industry.