“Are you still interested in buying the business?”
The potential buyer had been grappling over the weekend with a few troubling issues he’d discovered in due diligence for TrollingMotors.net. It was now Monday morning, and we were on a stressful, high-stakes call to see if we could keep the deal moving forward.
On the line: losing a month of progress with a qualified buyer, and all the momentum I’d built with my public $185,000 auction process.
How did things get to this point? [Continue reading]