Overcoming a Career Rut by Buying a Business
Frustrated after losing 3 jobs, Bruce Vann used savings to acquire a 25-employee, 7-figure curtain manufacturer for 2x.
Themes from Bruce’s interview:
Paying 2x for a growing 70-year-old business
Buying a business to pull out of a career rut
Why finding a business is like a full court shot
The need for persistence
Abandoning a proprietary search because of seller overvaluations
Chasing down leads and not becoming complacent
The importance of documenting business processes in case of sudden staff departures
Dealing with uneasy staff during the transition period
The experience of acquiring a…
The skinny
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