Acquiring Minds Candid Reflections on 7 Years of SMB Ownership
9 snips
Jun 27, 2024 
Ex-Marine Dan Verboski shares insights on buying a sign company & doubling its earnings, overcoming culture clashes, firing faster, building new company culture, personal changes post-burnout, standing out by answering phone calls, and growing as a leader in SMB ownership journey.
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Meet the Employees
- When acquiring a business, prioritize meeting the employees beforehand.
- Assessing their openness to change and cultural fit is crucial for long-term success.
Toxic Employee
- Dan struggled with a toxic employee who held leverage due to their specialized license.
- This power dynamic created a difficult situation, ultimately impacting company culture and Dan's well-being.
Insubordination's Impact
- Tolerating insubordination, even from essential employees, is more damaging than the risk of their departure.
- Establish clear boundaries and address issues promptly.