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The Double Life of Owning a Business 2.5 Hours Away
Published 2 years, 5 months ago
Description
Get $200 off your ticket to the M&A Launchpad Conference in Houston on May 11th:
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John Murphy pushed through divorce, $500k debt, and a bad broken deal to finally buy a 60-year-old business doing $8m.
Topics in John’s interview:
- Losing a deal one week before closing
- Value of peer groups
- How real estate compares to business ownership
- Taking over a company before the deal closed
- Unforseen transition expenses
- Carl Allen’s business buying course
- Leaving his W-2 to search for a business
- Value of joining industry associations
- Restructuring his workforce to increase margins
- Buying a company with a management layer
References and how to contact John:
- Dave Cole Decorators
- John@dcd-inc.com
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