One of my YouTube viewers bought a business
earlier this year and will soon likely be going #bankrupt.
He wrote me a couple of weeks ago:
David,
I used to watch your videos a lot about a year ago
when I was contemplating buying a business.
I should have bought your course and that is one of my
biggest regret. Now I am in a big hole with [business] that I purchased.
The deal was bad for me. Now I am not making any money.
I'd like to have a phone call with you and see what my
options are.
J.
I took the time to give J. a call and discuss
what happened. There were a bunch of problems with the business and the way in
which he was 'shepherded' through the buying process.
Many of the people he thought were working for
his interests were not. He will now have to figure out how to grow fast with no
further investment or start making plans for going under.
Stop missing my videos and other news. Get on my mailing list
and choose what interests you. http://eepurl.com/brqqjb
Join the legions of small business buyers who are
learning what they need to know so they can avoid a bad deal. They’re taking my online course at www.BusinessBuyerAdvantage.com
Some are learning how to get ahead of brokers with my Prepare to Buy a
Business: The Next Step. Also on the
same site.
Do you have a business to sell? Visit www.HowToSellMyOwnBusiness.com
and learn how I can help you sell. While
you’re there… download a copy of my e-book; 12 Things to do Before
You Consider Selling Your Business.
(No,
I will not put you on an e-mail marketing list)
Thank you and I’ll see you next time.
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