due diligence

The video Matt is reacting to nails the basics of private equity due diligence, but here’s what it leaves out: Due diligence is for everyone investing in a business. From checking financials to uncovering legal risks, this process is about knowing what you’re buying and how you can make it better. There are tons of…

In this video, Matt reacts to a great piece of advice about building a business that’s not tied to your personal brand. While having your name and face associated with your business might feel great at first, it can actually hurt your ability to scale and sell. If your business is reliant on you, it…

In this reaction, Matt discusses why always having an exit strategy in mind—whether or not you plan to sell your business soon—is crucial for running a successful company. Approaching your business with a mindset focused on eventual sale leads to better efficiency, profitability, and systemization. It helps you view the business from an outsider’s perspective,…

There has been some talk about the best businesses to buy are those of the boomer generation. Matt reacts to this sentiment and discusses what actually makes a good business to purchase. There are tons of people out on social media giving business advice. Some of it is good advice, but most of it isn’t…

In this video, Matt reacts to a story about a business owner who helped a person looking to buy a laundry mat. In the story, it is implied that the sellers lie about the business to get a better sales price. Matt explains his experience with helping businesses in the due diligence process and how…

The dark side of buying a business is the topic of today’s reaction video. Matt has lots of experience with helping people buy businesses and tells you some of the things to look out for. There are tons of people out on social media giving business advice. Some of it is good advice, but most…

  Have you ever purchased something—whether that be a car, a TV, or a computer—only for it to turn out to be a total dud? That regrettable outcome could have very well been avoided had you practiced what is known as “due diligence.” In a general sense, due diligence refers to the process of exercising…