Are Business Mergers Always A Good Idea? - David, Donni & Nehemiah Davis #334
Social Proof Podcast
Social Proof Network
4.9 • 2K Ratings
🗓️ 16 February 2023
⏱️ 103 minutes
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Summary
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Opportunities are only noticed by few people. As the entrepreneurial landscape is shifting it's important to notice the shift so that you can know how to shift with it. This can also be a time when becoming an entrepreneur can be the easiest to get into. But good management is still required in order maintain a solid business.
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Transcript
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| 0:00.0 | I got to fill your energy and just feel where you're at, like your work. |
| 0:04.2 | It's just a whole bunch of things that preliminary, yeah, I would like to see your duty, even |
| 0:08.6 | see if it makes sense. |
| 0:09.6 | So you and I partnered on a bunch of project partnerships before we went all in together |
| 0:15.8 | on this. |
| 0:16.9 | And that makes a difference because you know how I work, I know how you work. |
| 0:21.5 | We know the value that you bring to the table. |
| 0:23.1 | So that's actually like not a bad place to start. |
| 0:25.4 | If you're looking to partner with somebody before you're like, oh, let's merge our brands |
| 0:29.1 | and let's blah, blah, blah, blah, blah, and represent this thing. |
| 0:31.2 | Just do a project first and see how that works. |
| 0:34.0 | And then if that project works well, do it, do another one and just make sure because |
| 0:37.7 | you'll meet, you'll meet somebody's representative. |
| 0:40.9 | You'll meet their representative because they see an opportunity in you in some way. |
| 0:45.0 | So they're going to be on their best behavior, but have a couple of tough times. |
| 0:48.6 | Have tickets not selling the way tickets should be selling, you know, how invested are you |
| 0:52.4 | still? |
| 0:53.4 | Have the people not show up the way they, you know, and money and go through some things |
| 0:57.6 | before just like a relationship, like you said, dating and get to know, but obviously |
| 1:01.8 | that's not possible in every situation. |
| 1:05.2 | Not. |
| 1:06.2 | Yeah. |
... |
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