Buy Then Build: How Acquisition Entrepreneurs Outsmart the Startup Game

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A readable and concise introduction to self-funded ETA by an entrepreneur with significant success in the field. Es difícil saber lo que no sabemos (y empieza a ser peligroso económicamente si nuestro medio o filtro de información tiene incentivos para mostrar un panorama muy positivo y nos incita a "tomar acción"). The examples are mostly from the US, but the wider insights and terminology can definitely be applied at an international scale. The strategy outlined is spot on and is the type of advice I personally have given dozens of people over the years.

Entender las tres As, evaluar las habilidades, saber el nivel de involucramiento y dia a dia que quieren, tamaño de SDE, etc. You need to be willing to create a business plan and pitch it to banks or other potential investors. It goes through vetting different companies to but and how to actually execute the purchase the company.

I can add capabilities to my existing businesses or leverage my skill set and complement it using other peoples in the business that I would acquire. I needed a high-quality source of information for how to acquire an existing company, but it didn’t exist. A great book that outlines another way of launching ones career as an entrepreneur, rather than just starting from scratch. I do find the subject quite intriguing (which is why I read the book), and having gone through an acquisition and multiple tuck-ins, it was nice to take a step back and truly codify the process. Short for "Big Hairy Audacious Goal," a BHAG isn't just a goal; it's a tangible, engaging force that sparks enthusiasm, unifies teams, and propels progress.

This involves learning the necessary ropes from the previous owner, attempting to maintain existing client relationships, and making strategic and operational changes to drive growth. It’s an approach to entrepreneurship that provides the best odds for the outcome entrepreneurs want to achieve; namely running, and owning, a successful business that they can be passionate about and put their fingerprint on. He also encourages new owners to solicit input and ideas from the team in a bid to collectively drive the company forward. While highly readable, the book is intended as a cursory introduction and does not delve into the minutiae of the process.Most of them rightly assumed I had very little capital to invest and tried to sell me a downward-trending bar or a laundromat. They were the people who took a product market fit business and turned them into large scale businesses. If entrepreneurs are investing the money anyway, why wouldn’t they acquire something already established to begin with? As a book that's supposed to give you an in-depth understanding of this investment type, the author is actively misleading the reader.

It's highly addictive to get core insights on personally relevant topics without repetition or triviality. To understand a business's potential you must be aware of the core elements and tailor your growth strategy accordingly. Walker Deibel is an entrepreneur and investor who has co-founded three startups, acquired seven companies, and consulted or participated in over 100 business transactions. If you're running a script or application, please register or sign in with your developer credentials here. The thesis is based on the assumption that small-medium existing businesses already went through the initial turbulent phases and survived, thus offering the acquirer the opportunity of capitalize on existing assets and processes, and benefiting from a solid platform for brand/product/manufacturing extensions and diversifications, without starting from zero.A partir de conocimientos obtenidos en otros libros ahora entiendo que existen amplios catálogos de libros de negocios que simplifican las circunstancias económicas de las empresas estudiadas y proveen de información al lector que puede ser mal interpretada o no comparada con otras variables. I can envision myself doing this one day, either to grow my current company through acquisition of another company, or to start fresh and run a different company once I retired from my day-job. After reading more about acquisition entrepreneurship lately and not just in this book, I have come to realise that you can read a lot, but you can't learn the soft skills or on the ground skills that are required unless you actually do a deal (handheld or not). With jobs not being able to keep up with college graduate demand, entrepreneurship has never been more important. Apply these principles to your business, relationships, or personal endeavors, and you'll witness a major transformation.