One of the major hurdles in the business acquisition game is the misuse of others' investments.

16 Nov 2023 · 0 min

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A short YouTube monologue (Mark Evans DM, Nov 16, 2023) warning that a major problem in business acquisitions is buyers misusing investors' capital by failing at operations. The speaker emphasizes that running an acquired business is hard work, requires people and operational skills, and that inexperienced buyers who try to do everything themselves risk harming good people and wasting money.

I think one of the biggest problems in the game of acquiring businesses for growth is destroying other people's money because they can't run the operations. That's a lot of work. It's not like I bought a business. I make millions of dollars. Well, nothing. There's so much effort. And if you don't know how to deal with people, if you don't know operations, if you try to do everything yourself, like, you got to let go. My fear is that a lot of people raising money to buy stuff, I think they'll hurt a lot of good people. There's so many things that people don't talk about in buying businesses. Dude, it's not easy.