4 ms·
this is great. how did you identify and qualify this opportunity?
by gregcohn 14y ago
this is great. how did you identify and qualify this opportunity?
- TamDenholm 14y agoThis sounds a bit crazy, but I saw the opportunity on Gumtree, a guy wanted to sell this part of his business. I went over his historical figures, did as much due diligence as i could and considered the figures to see if it was worth it. I have kind of a rule, if i can get a 100% ROI in 1 year, its worth doing, I initially thought i'd get a 100% RIO in 8 months, i figured i'd miss something (which i did) but i thought there was enough room for a little bit of error and decided to go for it.