Industrial Revolution

I bought a business on April 1, 2005. I'll update the blog a few times a week to share some of my experiences.

Thursday, July 14, 2005

Any blog readers have $20M they want to invest?

I received a funny call this afternoon. The caller initially asked for Greg, the previous owner. When I explained that Greg isn't around much since I bought the company, the caller almost immediately asked, "Do you want to buy another company?" "Maybe," I said. We talked for a while and he explained that he's trying to sell a company in Dallas (don't hold your breath, Mom). He said it's about a $30M company. No problem, I said, please tell me more. An email is on the way. Of course, that price is a hugemongous problem, but it was too early to tell him that. Besides, I'm comfortable that I'll be able to negotiate the price down to $20M or less and one of my faithful (and impressed) blog readers will stake me.

Right? I'm sitting by the phone. Please call immediately.

0 Comments:

Post a Comment

<< Home