How to Buy a Business - Joseph Wechsler
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Get my new book: https://bronsonequity.com/fireyourself Download my new special report - How to Use Inflation to Your Advantage - www.bronsonequity.com/inflation Welcome to this episode! Today, we're privileged to be joined by Joseph Wechsler, the CEO of VirtuAlly, a leading telehealth company, and a dynamic Managing Director at Blueline Ventures, a prominent middle-market business acquisition firm. With a knack for strategy execution, organizational transformation, and program management, Joseph brings a wealth of experience to our discussion. Join us as Joseph shares his insights into the world of business acquisition, drawing from his extensive background in leading strategic engagements across various industries, with a recent focus on healthcare providers. From small private practices to academic medical centers, Joseph has collaborated with top-tier executives, navigating the intricacies of buying and transforming businesses. In this episode, Joseph delves into the potential for acquiring small businesses in today's market, offering valuable guidance on navigating the acquisition process and emphasizing the importance of thorough upfront work. He also sheds light on the benefits and processes of passive investing in business acquisitions, highlighting operational considerations and the quest for the right investment opportunity. Whether you're an experienced entrepreneur or a budding investor, Joseph's insights promise to inform and inspire. Tune in now to gain exclusive access to Joseph Wechsler's expertise and unlock the secrets to success in the world of business acquisition. This episode is not to be missed! TIMESTAMPS 01:33 - Guest Introduction: Joseph Wechsler 02:27 - The potential for buying small businesses in the current market. 04:31 - Navigating the process of buying a business 09:29 - Experience with buying a business and the importance of upfront work. 15:31 - The benefits and process of passive investing in business acquisitions 20:00 - The operational aspects of buying a business 27:18 - Finding the right investment opportunity Connect with the Guest: Website: https://www.virtually.io/about Linkedin: https://www.linkedin.com/in/josephwechsler/ #BusinessAcquisitionInsights #StrategicInvesting #IndustryExpertise
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