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Acquiring Minds

Seller's View of a Searcher Buying His Business

14 Sep 2023

Description

Peter Wild fielded offers to buy his business for years but sold only after being introduced to the searcher community. Topics in Peter & Carlos’ interview:The psychology of a sellerRecognizing the business as “searcher friendly”Finding the right individual to buy the businessHistory of the organic tree health industryWhy this sale was a “reverse search fund”Upgrading to Salesforce from a 40-year-old custom databaseUpgrading to digital contracts from paperWhy he wouldn’t sell to a strategicOvercoming skepticism about selling to a “searcher”The owner’s life as a proxy for whether to buy a businessListen to Part 1 of this story:Buying a 45-Year-Old Industry PioneerReferences and how to contact Peter & Carlos:Peter WildCarlos LaconiBoston Tree PreservationDon Gourley, the buyer of the businessSearchfunder.com, where Carlos posted the business for saleGet a complementary pre-acquisition HR & PEO review for your target business:Contact [email protected] or visit Aspen HRConnect with A-players who can run your business remotely:More StaffingConnect with Acquiring Minds:See past + future interviews on the YouTube channelConnect with host Will Smith on LinkedInFollow Will on Twitter

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