How do you decide it's time to expand your search criteria to increase your deal flow?
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by an intermediary
1yr ago
in United States
^redacted - That's a tricky question as there are many variables involved.
First thing to evaluate is how many deals are you getting per unit of time using the current criteria. For example, if you are only able to find one opportunity a month, maybe the criteria are too tight.
Of course you cannot really tell that unless you have clarity on how much volume are you doing (businesses you speak with), and how much time are you committing towards generating deal flow.
In short there are quite a lot of variable to consider when making that decision. Since this is a late comment and you have been looking for a year, what would you say has been the biggest challenge in sourcing deals?