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Postmortem of a Broken Deal
Podcast |
Acquiring Minds
Publisher |
Will Smith
Media Type |
audio
Categories Via RSS |
Business
Entrepreneurship
Investing
Publication Date |
Aug 10, 2023
Episode Duration |
00:54:22

Nick Wheeler reflects on investing countless hours to buy a beautiful business, only to have the seller kill the deal.

Topics in Nick’s interview:

  • Finding a commercial landscaping business
  • Winning the sellers’ trust
  • How he interpreted early red flags 
  • Lessons learned about due diligence
  • Conflict with sellers over working capital
  • Why the deal fell apart
  • The financial cost of the broken deal 
  • The emotional cost of the broken deal
  • How brokers can help (or hurt) your deal
  • What Nick is most grateful for

References and how to contact Nick:

Get a complementary pre-acquisition HR & PEO review for your target business:

Connect with A-players who can run your business remotely:

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