Buying into a Tanking Industry

professional profile

February 18, 2022

by a professional from Harvard University - Harvard Business School in Atlanta, GA, USA

Watch out for sellers with bad intentions. Sometimes sellers will be in the market because they know that their business or industry is about to tank. That means you could be the unwitting buyer that gets persuaded to buy them out before the downturn happens--leaving you with an unsuccessful company. This almost happened to me when I was looking to buy a durable medical equipment business in Arkansas.

Read what went down in my new blog post:
https://www.guardianduediligence.com/blog/war-story-buying-into-a-tanking-industry

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Reply by a searcher
from Brigham Young University in Salt Lake City, UT, USA
I highly recommend this above. I've looked at 500+ deals and Elliott blows my mind every time I talk to him on something off my radar.
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Reply by a searcher
from University of Calgary in Calgary, AB, Canada
Great perspective to keep in mind through the deal process.
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