Hiring a CEO to Run Things (and Get Life Back)

The Acquisition Lab was founded by Walker Deibel, author of Buy Then Build, the book that introduced so many of you to the very idea of buying a business. The Lab offers a month long, intensive, almost daily Q and A sessions with advisors, live Deal reviews with Walker, Deal team introductions, and an active community of serious searchers.

Check out acquisitionlab.com link in the notes or email the lab's co founder, Chelsea Wood Chelsea buythenbuild.com just reflecting back again, say what you think it why do you think you were met with hostility? Do you think it's something about you or do you think it's something intrinsic to buying a business in these environments that people listening should also need to be prepared for? I…

I mean a lot of our guys are mid 20s to mid 30s so they're not that much older than me. But the sellers were 40 and it just, it was a transition I think genuinely to realize that their careers and family lives and paychecks were now in the hands of this young guy. And I think that was probably a real thing that was specific to me.

I think the other part absolutely probably more broad to blue collar world and honestly probably just transitions as a whole is it just is a stressful thing for everyone. I mean it's the classic private equity is buying you all. Everyone thinks they're going to lose their job kind of.

That's just the default assumption. And Even in our S.C. i think I thought clearly that's not me.

But no one knows that yet and I think there's just an inherent stress in Realizing that their paychecks are now in somebody else's hands. Yeah, yeah. No, the. The age factor has got to.

To play a role as well. It's not, you know, us, we listeners, as your, you know, supporters and champions. Jeremy, think it's cool that you're young.

The recipients of this news. Whose. Whose careers you hold in the palm of your hand do not. And. And so. And. And. And you can't blame them for that.

I mean, nobody's in the wrong here, But. But you can totally understand that being, um, Sensitive. Yeah, yeah. And I think partially there was.

And again, I'm sure we'll touch on this more later, but I am young. I am confident in my skill sets. I'm not necessarily a guy who gives off a strong bravado in any way.

So I think I. I'm not only young, but I'm also not this. Well, at least he's outspoken and confident kind of guy. It was. Here's a smiley young guy that might be talented, but he's not giving off this air of, I know what I'm doing all the time.