How to Survive Buying into a Terrible Industry
Register for the webinar: •Legal Preparation for Your Search - Thu Jan 30 - https://bit.ly/3CbswuPMonths into his ownership, Ayo Phillips realized his industry was fatally flawed. He survived and 5 years later, exited.Topics in Ayo’s interview:Acquiring with funding from a family officeBuying a declining business in a competitive industryUnethical practices within his industryBeing honest about your motivation to buy a businessLosing 19 employees who became competitorsTreating his business like a startupPivoting from countertops to drivewaysThe toll the business took on his familySuccessfully exiting the businessHis 16 Commandments of SearchReferences and how to contact Ayo:The 16 Commandments of Acquisition EntrepreneurshipLinkedInTwitterOperators CoachTwitter threadLP First CapitalThomas InceGet a complementary pre-acquisition HR & PEO review for your target business:Contact mark@aspenhr.com or visit Aspen HRGet a free review of your books & financial ops from System Six (a $500 value):Book a call with Tim or email hello@systemsix.com and mention Acquiring MindsGet a complimentary IT audit of your target business:Email Nick Akers at nick@inzotechnologies.com, and tell him you’re a searcherConnect with Acquiring Minds:See past + future interviews on the YouTube channelConnect with host Will Smith on LinkedInFollow Will on TwitterCredits:Edited by Anton RohozovProduced by Pam Cameron