Shownotes
In this episode, Jed shares his experience of buying and losing a business, the lessons he learned, and his mission to shed light on the often-overlooked challenges of business acquisitions. His forthcoming book, Buyer Beware: Real Stories of Business Acquisition Failure, compiles stories of searchers who’ve faced setbacks, offering actionable takeaways.
Key Takeaways:
- The importance of cash flow management and its impact on business viability.
- Why the character of the seller matters as much as the financials of the deal.
- Understanding behavioral finance in the context of business transactions.
- The value of sharing failures and lessons learned to guide future buyers.
- Why traditional vs. self-funded search is a lifestyle decision, not just a financial one.
Resources Mentioned:
- Jed’s Book Presale Page – Sign up for early access and snippets from the book--> https://buyerbewarebook.carrd.co/
- Search Fund Study --> https://hadleyfamilycapital.com/wp-content/uploads/120907-Search-Funds_Death-and-the-Afterlife_Benjamin-Kessler_9.7.2012-1.pdf
Become an Unpolished MBA Guest: https://unpolishedmba.com
Follow Monique Mills
LinkedIn: https://www.linkedin.com/in/moniquemills/
Bio Website: https://moniquemills.biz/
TPM Focus - Strategy Firm for Startups and SMBs: https://tpmfocus.com/
Guest Co-Hosts:
Follow Kinza Azmat
Company --> thechiefrebel.com
Book --> https://www.thechiefrebel.com/book
LinkedIn --> https://www.linkedin.com/in/kinzaazmat/
Follow Jed Morris
Company --> Sunset Coast Partners
NEW BOOK RELEASING SOON! https://buyerbewarebook.carrd.co/
LinkedIn --> https://www.linkedin.com/in/jedmorris/
Newsletter --> https://stillsearching.beehiiv.com/subscribe
