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Podcast: Leveling Up with Eric Siu
Episode: What Deven Soni Looks Out For When Acquiring Businesses
Description: Deven Soni shares insights from his personal experience and the valuable lessons he gained in business acquisition at the Leveling Up Founders event.TIME-STAMPED SHOW NOTES:
[00:00] - The most common mistake in business acquisition
[02:15] - Here’s how we got a customer database worth $2M dollars
[03:20] - Don't acquire a company unless you know how to run it
[05:03] - Why motivation is important in acquiring companies
[07:17] - Why it’s easier to buy big businesses
[08:20] - Here’s how you should handle employees when acquiring a company
[10:24] - Don’t change anything drastically when acquiring a company
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