Neil Patel
š¤ SpeakerAppearances Over Time
Podcast Appearances
It's the easiest time for me to pick up companies and I can pick it up for cheap.
But if I start spending all my money and more money than I should be spending, if I was public, people would be like, whoa, you're going a little too crazy there.
Slow down.
You got to watch out for quarterly earnings.
Your business growth rate's slowing down and you want to spend more money.
The markets would crush you.
But that's what I do.
And during this time, I've been doing that for three years.
I've been investing so much into the business.
It's been painful because my growth has slowed down and I'm spending more money than ever.
But when during a good economy, I'll see the fruits of all my investments or the flowers will start blooming, whatever analogy you want to end up using.
And it's worth it.
But it's hard to do that kind of stuff when you have investors or outside shareholders in your public.
Yes.
We buy a lot.
So much so that a lot of times now I tend to meet the entrepreneurs after we buy the company, not before.
Because there's too many deals you're looking at.
I'll talk to them before we close a transaction.
But usually my M&A team comes to me and says, hey, we're going to buy this company.
It's in UK or Germany or wherever.