Acquiring Minds

Postmortem of a Broken Deal


Listen Later

Nick Wheeler reflects on investing countless hours to buy a beautiful business, only to have the seller kill the deal.

Topics in Nick’s interview:

  • Finding a commercial landscaping business
  • Winning the sellers’ trust
  • How he interpreted early red flags 
  • Lessons learned about due diligence
  • Conflict with sellers over working capital
  • Why the deal fell apart
  • The financial cost of the broken deal 
  • The emotional cost of the broken deal
  • How brokers can help (or hurt) your deal
  • What Nick is most grateful for

References and how to contact Nick:

Get a complementary pre-acquisition HR & PEO review for your target business:

Connect with A-players who can run your business remotely:

  • More Staffing

Connect with Acquiring Minds:

  • See past + future interviews on the YouTube channel
  • Connect with host Will Smith on LinkedIn
  • Follow Will on Twitter
...more
View all episodesView all episodes
Download on the App Store

Acquiring MindsBy Will Smith

  • 4.8
  • 4.8
  • 4.8
  • 4.8
  • 4.8

4.8

268 ratings


More shows like Acquiring Minds

View all
The Twenty Minute VC (20VC): Venture Capital | Startup Funding | The Pitch by Harry Stebbings

The Twenty Minute VC (20VC): Venture Capital | Startup Funding | The Pitch

539 Listeners

The Knowledge Project by Shane Parrish

The Knowledge Project

2,684 Listeners

Founders by David Senra

Founders

2,196 Listeners

Capital Allocators – Inside the Institutional Investment Industry by Ted Seides – Allocator and Asset Management Expert

Capital Allocators – Inside the Institutional Investment Industry

793 Listeners

The Game with Alex Hormozi by Alex Hormozi

The Game with Alex Hormozi

4,486 Listeners

My First Million by Hubspot Media

My First Million

2,667 Listeners

All-In with Chamath, Jason, Sacks & Friedberg by All-In Podcast, LLC

All-In with Chamath, Jason, Sacks & Friedberg

10,222 Listeners

Minds Capital Podcast by Will Smith & Niklas James

Minds Capital Podcast

19 Listeners

Acquisitions Anonymous - #1 for business buying, selling and operating by Bill D'Alessandro, Mills Snell, Heather Endresen, and Michael Girdley

Acquisitions Anonymous - #1 for business buying, selling and operating

251 Listeners

Business Breakdowns by Colossus | Investing & Business Podcasts

Business Breakdowns

356 Listeners

The Startup Ideas Podcast by Greg Isenberg

The Startup Ideas Podcast

211 Listeners

Moneywise by Hampton

Moneywise

646 Listeners

The Koerner Office - Business Ideas and Deep Dives with Chris Koerner by Chris Koerner

The Koerner Office - Business Ideas and Deep Dives with Chris Koerner

256 Listeners

Think Big, Buy Small by Harvard Business School

Think Big, Buy Small

38 Listeners

David Senra by Scicomm Media

David Senra

227 Listeners