You, too, should be emulating Elon Musk if you want to buy . . .

professional profile

June 22, 2022

by a professional from University of Southern California - Marshall School of Business in North Palm Beach, FL, USA

. . . the right business the right way. However, sadly, most business buyers neglect the most important part of the diligence: direct evaluation and communication with (at least) key employees. Here’s a proven way to do it:

Elon Musk to face Twitter staff for the first time Employees fear Musk will upend the company’s culture and initiate mass layoffs. https://www.washingtonpost.com/technology/2022/06/16/elon-musk-twitter-employee-meeting/

More essential than ever: Interview employees before buying a business. And so is doing it the right ways at the right times. Watch the webinar recording: https://youtu.be/fOvfLJoW8Qk. The pandemic is accelerating the decisions of employees and employers. Increasing dissatisfaction and changing expectations is something searchers need to delve deeply into before buying companies. Get this wrong, or too late, and you could (and probably will) regret your M&A transaction.

You get a list of 20 questions. You'll hear how business buyers are blindsided by the seller's employees. And how to avoid it.

We can Zoom if you want to talk about it.

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Reply by a professional
from University of Southern California in North Palm Beach, FL, USA
Oh, folks, I forgot to mention how badly Musk handled the employees (and nearly everyone else). Check out my article about him: Cautionary tale or divine comedy? Fractured Fairy Tale – Musk and Twitter? .

https://www.linkedin.com/pulse/fractured-fairy-tale-musk-twitter-the-business-buyer-advocate/
commentor profile
Reply by a professional
from University of Southern California in North Palm Beach, FL, USA
Let me know, by providing your email address, if you want a link to the recording of my event: Q&A Roundtable - Let’s Demystify Pre-LOI Due Diligence. (Limited time offer.)
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