The Fastest Way to Build Personal Wealth
Apply to the Acquisition Lab Let’s talk about the single best way to build personal wealth. A lot of people don’t know this but right out of my undergraduate degree, I ended up be being a stockbroker for a big bank. When you start at a big bank as a stockbroker, you hit the pavement […]
The ONLY 2 ways to grow your business (with surprising examples)
Apply to the Acquisition Lab As an entrepreneur, you’re always trying to grow your business because if you don’t grow, you are dying. That is a basic fact. It’s taught in MBA schools and understood by entrepreneurs everywhere. You’re growing or you’re dying. There’s no such thing as stagnation. Here’s the thing, there are actually […]
The Six Things You Need to Look at to See if You’re Buying a Healthy Business
Thoroughly checking the financial statement is at the top of your list when looking into a business to acquire. As such, knowing what to look for will be invaluable. Apply to the Acquisition Lab! Your first consideration when deciding on a business purchase is whether it’s financially healthy. It’s worth knowing that a vast majority […]
The 4 Biggest Reasons Deals Fall Apart
Why do deals die? Apply to the Acquisition Lab “The deals off”. These are words no one wants to hear but unfortunately, deals blow up all the time. Within the Lab, we often say buying businesses isn’t for the faint of heart. Acquisitions are not a simple process. I think the level of excitement that […]
Navigating the lack of clarity around business earnings
Figure out what you’ll earn with greater ease! Apply to the Acquisition Lab The most common path an acquisition entrepreneur takes when they learn about the possibility to buy a business, they start digesting the available information on the topic. Regardless of the amount of information consumed, there seems to be a common question for […]
Leap of Faith: Will You Actually Buy a Business?
Revealing the Secret Sauce for Execution! Apply to the Acquisition Lab There are two things that an Acquisition Entrepreneur needs to close on your first business. When buying a company, especially for the very first time, there’s one thing that rules over that decision process and experience. Uncertainty. In other words: “What are the things […]
Why It’s All About Who You Know
Apply to the Acquisition Lab Let’s talk about the importance of your team when acquiring a business and the difference that it can make to the success of your deal. When you buy a company, it’s not just you. It’s going to involve your team whether that be one that you recruit from your network […]
A Glimpse into the Acquisition Lab: How To Compete as a First Time Buyer
Most sessions within the Lab close with an opportunity for open discussion. During a session with Cohort 11, the question was raised by a member about how to compete in a difficult market as a first time buyer. The resulting discussion centered around the motivations and experience of a first time buyer as well as […]