How to Survive Buying a Bad Business
Acquiring Minds
English - November 08, 2022 08:00 - 1 hour - 159 MB - ★★★★★ - 131 ratingsEntrepreneurship Business Investing entrepreneurship entrepreneur online business smb acquire acquisition Homepage Download Apple Podcasts Google Podcasts Overcast Castro Pocket Casts RSS feed
Previous Episode: Buying Doggy Daycares After 10 Years in Tech
It looked like a dream: $2m EBITDA, recurring, large market. Only after Judd Lorson bought it did he learn the truth.
Topics in Judd's interview:
Searchfund accelerator pros & consUnderstanding investors' role in your acquisitionImportance of 100% transparency with employees (even pre-acquisition)Debt collection business pros & consDiscovery that he's acquired a bad businessManaging hostility with sellersWhat is the proper attitude for buying a business?How to resign as CEO the right wayLinks & how to reach Judd:
Original case note from Yale about Judd's storyThe Acquiring Minds debate about Self-Funded Search vs. Traditional Search Fundsjudd DOT lorson AT gmailLinkedInGet complimentary due diligence on your acquisition's insurance & benefits program:
Oberle Risk Strategies - Search Fund TeamLearn more about Walker Deibel's done-with-you buy-side advisory:
The Acquisition LabConnect with Acquiring Minds:
See past + future interviews on the YouTube channelConnect with host Will Smith on LinkedInFollow Will on Twitter