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Business Collapse After Going All-In

Business Collapse After Going All-In

Update: 2024-10-14
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Justin Willess liquidated his 401k to buy a $8.5m construction business. He lost the business and may lose his house.

Topics in Justin’s interview:

  • Frustration with his consulting career
  • Buying a construction company
  • Construction landscape in Northern Virginia
  • Discovering cooked books after transition
  • Seller refused to release promised funds
  • Emptying his 401k to make payroll
  • Calm is contagious
  • Closing the business
  • What he learned from the failed acquisition
  • Why he wants to acquire again

References and how to contact Justin:

Work with an SBA broker who focuses exclusively on helping entrepreneurs buy businesses:

Get $200 off your ticket to the M&A Launchpad Conference in Chicago on October 26th:

Learn more about Walker Deibel's done-with-you buy-side advisory:

Connect with Acquiring Minds:

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Business Collapse After Going All-In

Business Collapse After Going All-In

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