The rules I buy on
Most people overpay for businesses when they buy them. I look for a business that's doing well despite itself, and an owner who wants their time and freedom back.
When I bought my bakery, a £1.8m business, the manager, Tony, stepped up when the owner left and turned out to be the better leader. I was spending a quarter of a million pounds on ice cream with Walls, so when I bought Rossi I moved that spend into it and grew Rossi's turnover by the same amount.
This lesson is those rules, written down as 12 checks you can run on any business for sale in ten minutes.
A little bit of money from a lot of people, a lot of the time.













From the lesson