Postmortem of a Broken Deal
Aug 10, 2023•54 min
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Episode description
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:
- Contact mark@aspenhr.com or visit Aspen HR
Connect with A-players who can run your business remotely:
Connect with Acquiring Minds:
- See past + future interviews on the YouTube channel
- Connect with host Will Smith on LinkedIn
- Follow Will on Twitter
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