Complexity Hides Fragility: Losing a $20m Business
Joe Odell and his partner acquired a business with over $4m in earnings and lots of green flags. It went sideways fast.
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Topics in Joe’s interview:
His blue collar, military background
Volunteering without pay for a consulting company
Ultimately rejecting the tech industry
Finding his search partner at business school
Seeking out a complex business
Doing traditional search, on his wife’s advice
Acquiring a home health adjacent company
Post-close cash crisis
Losing a key sales rep
Fatal…
The skinny
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