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November 20th, 2024

The 5 Dangers of Buying a Business You Don’t Care About – Why Passionless Ownership Can Cost You Big

The 5 Dangers of Buying a Business You Don’t Care About – Why Passionless Ownership Can Cost You Big

5. Innovation Dies a Painful Death
An SMB without an engaged owner is a ship without a captain. You won’t have the drive to innovate, create, or push through the plateaus. Missed opportunities and a slow, painful fade into irrelevance await.

4. Burnout on Steroids
Running a business takes energy. If you’re not into it, the grind will chew you up. The late nights and tough calls will feel like torture instead of a mission. You’ll want out—fast.

3. Employees and Customers Notice Everything
If you’re not genuinely interested, your team and your customers will pick up on it faster than a dog sniffing bacon. Morale plummets, loyalty evaporates, and your business becomes the Titanic.

2. Management by Neglect
Apathy is the fast track to becoming a disengaged, absentee owner. Guess what happens then? Mediocrity. No new systems. No optimization. And a big, fat “FOR SALE” sign in two years because you ran the thing into the ground.

1. Zero Creativity, Zero Growth
If you don’t give a rip about the business, don’t expect a steady stream of fresh ideas—or content—to flow from your brain. Customers can smell when the owner doesn’t care. If you’re not engaged, they won’t be either.

Here’s My Story
I’ve created over 700 videos—interviews with business buyers, service providers, and step-by-step how-tos—because I’m genuinely curious. That curiosity drives me to dig deeper, to ask better questions, and to keep creating. I don’t do it because I have to—I do it because I care. When you’re genuinely invested, your energy becomes the lifeblood of the business, fueling growth, innovation, and connection.

If you’re not fired up about the business, don’t buy it. Passion might not pay the bills, but apathy kills the business.

Join me at DealFlowSystem.net – I can help you buy your first Million Dollar Business.

Acquiring businesses, teaching entrepreneurs how to acquire businesses and helping entrepreneurs scale businesses through acquisitions and marketing. Jon is adept at negotiation, marketing strategy, structuring and funding of mergers and acquisitions IPOs and exit strategies.

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