The Silicon Valley Podcast Ep 263 “Buying a Business the Right Way with Jed Morris
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Jul 15, 2025 Jed Morris, an acquisition entrepreneur and advisor, shares his journey of buying and operating businesses. He discusses surprising challenges he faced during the transition from tech to acquisitions, including a cautionary tale of a failed deal. Jed busts myths tech professionals often believe about small business, and reveals why traditional resources may overlook crucial realities. He emphasizes the importance of cash flow management, practical experience, and building a trustworthy network for aspiring acquirers.
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Track Cash Weekly And Prioritize Culture
- Build a 13-week rolling cash forecast and know every dollar's timing to survive shocks.
- Focus equally on culture because business value is tied to people and owner personality.
Use A 13-Week Cash Forecast
- Maintain a 13-week forward cash flow model listing income, expenses, and timing to predict bank balances.
- Use it to anticipate payroll, insurance hits, and other shocks that can bankrupt a firm.
Keep Your First Deal Simple And Low-Risk
- De-risk your first acquisition: buy one healthy business, operate it, and learn before attempting roll-ups.
- Avoid 100% seller financing and serial leveraged buys as a novice.
