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The reason might be that the owner gets bored with the business? Maybe the owner liked the getting started part, but doesn't enjoy all the analytics and marketi
by jakobegger 10y ago
The reason might be that the owner gets bored with the business? Maybe the owner liked the getting started part, but doesn't enjoy all the analytics and marketing stuff that's necessary to grow the business to it's full potential?
- charlesdm 10y agoAbsolutely. But buying an asset can be quite hard, especially if you're at least trying to align it with your personal skill set. For example, I've probably looked through 30-40 prospectuses and have only once found something moderately interesting.
- rstocker99 10y agoSee my comment above on the alternative approach. The short answer is to approach the problem the other way. Build a list of businesses you'd buy and start emailing.