Buying a $40m Business as a 49-Year-Old First-Timer

Yeah. Barbara, thank you so much for doing this. We, we really appreciate it. Very generous of you as the introvert in the relationship.

You were, as I said, a good sport to come on a, on a podcast introvert today. Oh, good. Well, you did it. You did a great job with it.

All right, thanks for having me.

Thank you, wife. Well, thank you for that. I think it's really important that people understand that the whole family is affected by this journey. Right. It is a journey and you don't know what's going to happen next and you've got to take everybody along with you or you're gonna wind up having a massive problem on the home front, which will then greatly risk the business.

So these are just constant de risking. You know, we talk about the whole doing this in your 40s. You have a wife, a mortgage, health insurance, kids, a life, you know, and you've got your own experience.

So while sometimes it looks like the risk goes up, if you are aligned with your bride or your spouse or your partner and you are using your years of experience, you can actually de risk. You can be less risky than somebody who doesn't have that level of life experience because the realities of having a family kick in. So that just makes you stronger.

Having all those years of different types of experience kicks in so that you stronger and all those things de risk. So I think sometimes we get to that later that 40 stage and you're like, oh my gosh, now we're doing it so risky. But I, I'm just going to disagree with that.

Well, you, you had said as well to me, Greg, that you thought that buying a business at this st. At this stage in your career. So now you're late 40s is mid.

Late 40s was less risky than getting a job, than going back and getting a job somewhere. What did you mean by that?

Well, that's probably a personal thing, Right. So I, I found that over the years, I did much better in a smaller entrepreneurial type situation where we could hard drive and grow if the. So that, that's just a me thing. I just know that that, that works really well for me.

Okay.