You.
Acquiring Minds
Too Good to Be True: Year 1 in a $700k SDE Business
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I didn't. I never did. I just. I just wanted to do it so bad. I just wanted to do this. I've always wanted to do this.
And I already made the decision in my head. If I make a decision, like, I don't. Whatever's downhill.
This. I'll figure it out. I made the decision in my head. This is happening. So we're going to move. We're going to quit our jobs.
We're going to move over here. This is happening. And so there was a lot of red hindsight is 20 20. I didn't know anything.
I've never bought a business before. My dad was an amazing help, but he's never bought a business before. So we didn't have counseling at all.
We didn't have a representative. I was using his broker for everything. The guy was nice. He was a cool dude. I liked him. I trusted him for the most part.
But I don't know if. If everything was forthcoming. You never know. And going through it again, I Would do things completely different now, of course. But yeah, I was never totally comfortable.
And you didn't work with attorneys or diligence? A diligence provider.
I did. I had an attorney. But midway, he. He quit his. His job. So that was turned over to somebody else. That was turned over to a senior guy, but the guy had no reference. Apparently he told him nothing about the business.
So we had to start from zero again. And it was just communication was slow. It. I felt like every. Not only like my attorney, his attorney, broker, seller, every time I would call someone, send an email, it would take two weeks to get a response.
It. I'm. I'm like that. Like I don't care what I'm doing, I'm going to respond. Doesn't take long. But they weren't. So it took nine months. That's why. Wow.
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