But it does have outstanding benefits compared to the more traditional entrepreneurial models, and can help a lot of people reach their dream of owning and operating a business. Es difícil saber lo que no sabemos (y empieza a ser peligroso económicamente si nuestro medio o filtro de información tiene incentivos para mostrar un panorama muy positivo y nos incita a "tomar acción"). The author does cover all the basis from internalizing your skillset/interests, sourcing deals, raising capital, understanding financials, negotiations, the transaction process, and transitioning into the CEO and integrating your new team. Get clear, get moving, and stick to your goals and things will generally work out if you remain focused on the most important objectives to get the deal closed. Also, I wish the author went into more detail in how to find target companies in practice and spent some time discussing the details of acquisitions/exits he has been involved with.

Following ViewPoint’s capitulation, I bought a distribution company and used it as a platform for my own entrepreneurial efforts. No recuerdo quién me recomendó el libro, solamente por la idea general que transmite la portada me interesó el tema y lo compré. If you're running a script or application, please register or sign in with your developer credentials here. This book is proposing a strong and detailed framework supporting the principle of acquisition entrepreneurship vs. Tipo de industria (producto, distribución o servicio), tipo de crecimiento, el tamaño de SDE y limitantes.It’s odd to me that despite the interest in entrepreneurship, we really haven’t engineered a better way to reach the end goal. The thesis is based on the assumption that small-medium existing businesses already went through the initial turbulent phases and survived, thus offering the acquirer the opportunity of capitalize on existing assets and processes, and benefiting from a solid platform for brand/product/manufacturing extensions and diversifications, without starting from zero. I believe the reason is that they lack a process to get them from where they are today to where they want to go. The startup a few of us launched a business in grad school that did extremely well in business plan competitions, but floundered in legal hang-ups during our last semester. This book grossly oversells the opportunity of entrepreneurship through acquisition and irresponsibly excludes numbers that go against the book's pitch.

I really enjoyed learning about Walker's process and the many fascinating statistics he brings to prove why acquisition is normally the way to go. He also encourages new owners to solicit input and ideas from the team in a bid to collectively drive the company forward.With jobs not being able to keep up with college graduate demand, entrepreneurship has never been more important. He shares his expertise on the process of finding, evaluating, and successfully running a business, offering practical advice and real-life examples. It provides actionable advice on identifying, evaluating, and acquiring existing companies as a path to entrepreneurial success. I can envision myself doing this one day, either to grow my current company through acquisition of another company, or to start fresh and run a different company once I retired from my day-job. Instead of scrolling through your social media news feed, this is a much better way to spend your spare time in my opinion.