"Amateurs talk about strategy. Professionals talk about logistics." USMC General R.H. Barrow
In this Dream Big, Move Fast episode, Josh Phegan and Phil Harris present their thoughts about mergers and acquisitions. They discuss strategy vs. logistics, the lessons from doing mergers and acquisitions, valuation methodology and top-line revenue, having an M+A team, and limiting your staff to 1 or 2 central people.
They envision what the sale represents for the seller, what life looks like during and after the transaction, making it a wild success, and they explore the principle of fixing your fixed costs first.
