The Shoot the Moon podcast is for IT business owners and executives. The Revenue Rocket leadership team brings their 20+ years of experience with M&A and growth strategies to IT Services company leaders worldwide.
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The Shoot the Moon podcast is for IT business owners and executives. The Revenue Rocket leadership team brings their 20+ years of experience with M&A and growth strategies to IT Services company leaders worldwide.
Mike Harvath and Ryan Barnett discuss the emotional component of mergers and acquisitions in the IT services industry. They highlight the emotional challenges founders face when selling their businesses, including attachment to relationships and inflated business valuations. They emphasize the importance of maintaining objectivity and using advisors to navigate negotiations. Common signs of emotional clouding include inflated business valuations and overzealous buyer behavior. Preparation, alignment with advisors, and patience are crucial for a successful transaction. Emotions should be managed to enhance enthusiasm but not cloud judgment. Advisors act as mediators to ensure rational decision-making and improve transaction success rates.
Shoot the Moon with Revenue Rocket
The Shoot the Moon podcast is for IT business owners and executives. The Revenue Rocket leadership team brings their 20+ years of experience with M&A and growth strategies to IT Services company leaders worldwide.