Richard Parker

In this discussion, Richard Parker, founder of Diomo Corporation, shares his expertise in guiding aspiring business owners through the maze of acquisitions. He emphasizes the common pitfalls in chasing the wrong deals and unveils his '4-4-4-1-1' strategy to maintain focus. Richard highlights five critical filters to avoid disastrous purchases and reveals how to discern whether a business is chaotic or primed for growth. He also discusses the essential mindset shift needed before approaching sellers. This conversation is a must-listen for anyone contemplating buying a business.