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January 5th, 2025

6 Biggest Mistakes Entrepreneurs Make When Buying Businesses with Elliott Holland: An EOFire Classic from 2021

  1. 6 Biggest Mistakes Entrepreneurs Make When Buying Businesses with Elliott Holland: An EOFire Classic from 2021 John Lee Dumas 24:20

From the archive: This episode was originally recorded and published in 2021. Our interviews on Entrepreneurs On Fire are meant to be evergreen, and we do our best to confirm that all offers and URL’s in these archive episodes are still relevant.

Elliott Holland is a business buying expert. He has a Harvard MBA and almost 15 years experience in acquisitions. His consulting company prevents clients from losing millions buying bad businesses.

Top 3 Value Bombs

1. Be careful in falling in love with sellers too quickly.

2. Never miss an opportunity to build rapport, that’s critical to getting deals done.

3. The best time to bring in advisors is 3-6 months after you start your search, or about a month before you get serious about a particular deal.

We Stop You From Buying a Bad Business – GuardianDueDiligence.com

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Optimize To chat with JLD about Optimizing your life, click here: EOFire.com/optimize

John Lee Dumas John Lee Dumas

John Lee Dumas is the founder and host of Entrepreneurs On Fire, the first and only daily podcast in the world that interviews the most successful and inspiring Entrepreneurs. With over 160 million listens of his 4500+ episodes, JLD has turned Entrepreneurs On Fire into a media empire and is just getting started.​ You can learn more at EOFire.com

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