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Acquiring Minds cover image

Buying Small, Growing Big: From $1m to $26m

Acquiring Minds

NOTE

Lessons from the Early Stages of Acquisitions

The speaker shares their experience of the challenges faced during the first year of an acquisition, including moments of panic and fear of bankruptcy. They describe the stages of grief in the first year of an acquisition, such as the 'honeymoon' phase of getting to know the team, followed by working on performance. The speaker admits to not understanding the new construction side of the business during this period.

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