2 years post-acquisition: the good, the bad, and the ugly

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October 22, 2024

by a professional from York University in Toronto, ON, Canada

Sharing this great article on someone's personal experience of ETA 2 years post-acquisition: https://x.com/blueprintsmb22/status/1848670098858364968

This part especially resonated: "do your own work to figure out if this path makes sense to you. Talk to other searchers and those that have successfully closed. They are the best resources. There’s generally good legal, accounting, structuring advice on this app but don’t lose sight a lot of these individuals make MONEY on you pursuing this path. That’s absolutely fine but one must take their advice with a grain of salt - they aren’t the ones personally guaranteeing debt or making a lifestyle change that could real stress for your family."

I've had to advise some people not to do ETA. It's not for everyone and needs to be carefully weighed.

When it works, it can be amazing and produce incredible financial and personal rewards.

When it doesn't work, it can be hell on earth and personally and financially devastating.

Buyer beware.

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Reply by a searcher
in Cambridge, UK
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Reply by an investor
from Northwestern University in Philadelphia, PA, USA
Great post. Almost everyone would benefit from getting some general management/P&L experience before buying something to run. There's so much best practice out there to learn.
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