If you're planning on participating in the SMB M&A tidal wave over the next 20 years, this thread is for you. This list can be increased or stripped depending on your acquisition size / risk tolerance, but anyway..
FINANCIAL DUE DILIGENCE TIPS FOR BUYING A SERVICE BUSINESS:
I’m 43 days into:
- no alcohol
- no ordering out for dinner
- no junk food
- no pizza (this is by far the hardest)
- exercising every day
The main thing I’ve been trying to do is lose weight, but I realized something way more important I wasn’t expecting
All I was doing when I decided to get drunk when the weekend came, or hitting the easy button and getting DoorDash instead of making dinner..
Was taking shortcuts to avoid pain and discomfort.
I’ve already noticed way more clearly what my trigger points are for anxiety and stress
And now I’m resolving my issues w much more clarity and I feel like a more resilient person
I said I’d do this for 75 days but I may do longer
Cc @pinpulleddrmf LFG
I’ve been writing on here for years and i have so many concepts that have been stuck in my head for years and now that ive began to record video instead of writing, i get immediate clarity on which ones really stick w me and which ones sound lIke bullshit.
Highly recommend
Also recommend working w/ @natecurtiss_yt
I’m 43 days into:
- no alcohol
- no ordering out for dinner
- no junk food
- no pizza (this is by far the hardest)
- exercising every day
The main thing I’ve been trying to do is lose weight, but I realized something way more important I wasn’t expecting
All I was doing when I decided to get drunk when the weekend came, or hitting the easy button and getting DoorDash instead of making dinner..
Was taking shortcuts to avoid pain and discomfort.
I’ve already noticed way more clearly what my trigger points are for anxiety and stress
And now I’m resolving my issues w much more clarity and I feel like a more resilient person
I said I’d do this for 75 days but I may do longer
Cc @pinpulleddrmf LFG