Business Brokers & Losing A Deal

How does a Business Broker(BB) help? Being extremely independent accross the spectrum of my personality, I have the tendency to want to do things "my way". When buying a business, trying to get through the malaise and politics of Business Brokers can be daunting and even excite you to the point of anger-yes, anger! These is more than 1 BB that I would like to "shake them like a rag doll". I had (and will have) many a discussion with several BB's and their professionalism was, well, lets say if I was their Boss or they worked for me, they would not. Let me articulate: If Brokerage is about Buying and Selling, then a major component would be a relationship between 2 people-built on professional ethics. NONE, yes NONE of these BB's demonstrated this behavior. Strange and unbelievable you say, nevertheless, it is true for me experientially. So, take the time to find a BB-research and talk and research and talk until you find someone you know and can have a professional relationship with and ultimately reach the successful conclusion. This did FINALLY happen for me. BB's still act the way they do, but at least there is a layer for someone else to deal with them and their issues and we can (stay)focus on the task at hand.

As I think about my recent experience, I am still "hurting" from my attempt
to buy a "service" business in my home town. It was nothing special, a successful Pizza place that had a great reputation. What was disappointing was that you work to a point to be able to make an offer, in that you do your research-due diligence, and then step up to the table only to find that the business is already in escrow. If this is your case, then remember 50% of all businesses fall out of escrow, SO I am resolved that this business has sold, but hopeful that I might get a second chance. And yes, It hurts, I am no different that anybody else. So, back to the research, stay up late, start the "motivational routine and find a new prospect.

I am interested in NO TECH-worked in HIGH and LOW, and I am tired of the failure of the Technology Industry. NO TECH, what is NO TECH? Well, that Pizza Place represented NO TECH and it was beautiful. So, what can fall into the NO TECH business opportunity description. For me, I have located a couple of businesses and I am starting my due diligence. Once you have a process you can get yourself back into the "routine" pretty easy. Along the way of establishing a process, I have talked to people and have a "network" building. One of those HIGH TECH "thingys"...This all builds toward the successful conclusion.

Expectations and Hope are high-talk to you soon

Blog WOD(Word of the Day): RELATIVE - not the one your sister is

married to but like "EXPERT" - expertise is RELATIVE.