My First Business Acquisition – A Seeker's Journey in Finland

I'll tell you a bit about my first business acquisition from a seeker's perspective!

I had a new awakening to the idea that perhaps I could miraculously buy a company or a part of one in the summer of 2021 bC (before the pandemic). I had previously looked into a company when I was still safe behind the flexim locks of the corporate world. Little did I know how cold it is outside! It's cold out there!

After some investigation (a quick Facebook post in an entrepreneur group during a coffee break at the lakeside cottage), it became clear that indeed, there are plenty of companies where the old owner is already tired. I bought the book "HBR Guide to Buying a Small Business" and started researching the topic seriously during wood chopping breaks. In the USA, there's a strong culture and approach to these kinds of business acquisitions. I translated the model into the finnish YYA-Model (LOL). Business acquisitions have been made since ancient Rome, but this kind of J7-YYA acquisition model is somewhat of a new idea in this era and in Finland.

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At the beginning of my search, I was a bit uncertain about whether one could do such a thing and if it was possible. General perceptions influence human behavior. The environment also has an impact. J7 aims to now bring this idea of business acquisition to light so that more people would realize that this is indeed possible. This is an interesting endeavor altogether! Of course, we'll do just fine even if we don't make any more business acquisitions, but we find this fun and interesting.