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Joe Odell
Acquisition entrepreneur and former CEO of Pharmacy Specialists who led a traditional search-funded acquisition that ultimately failed; experienced in search, turnarounds, and healthcare-adjacent businesses.
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34 snips
Jan 5, 2026
• 1h 34min
Complexity Hides Fragility: Losing a $20m Business
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Joe Odell, an acquisition entrepreneur and former CEO of Pharmacy Specialists, shares his journey from a military background to navigating the complexities of business acquisition. He delves into the red flags that emerged post-acquisition, including a shocking cash crisis and the hidden loss of a key sales rep that decimated revenues. Joe discusses the emotional toll of the experience, the role of family support, and lessons learned about diligence and risk. He now focuses on consulting and acquiring a plumbing business, emphasizing smart growth strategies over debt.
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