Comments on: Old Economy >>> New Economy Transformation — Where Do You Find the Old Economy Companies? https://themusingsofthebigredcar.com/old-economy-new-economy-transformation-where-do-you-find-the-old-economy-companies/?utm_source=rss&utm_medium=rss&utm_campaign=old-economy-new-economy-transformation-where-do-you-find-the-old-economy-companies 53 years and 204,000 miles of business, CEO, leadership, startup, political, military wisdom Mon, 25 Feb 2013 02:13:00 +0000 hourly 1 https://wordpress.org/?v=5.9.11 By: JLM https://themusingsofthebigredcar.com/old-economy-new-economy-transformation-where-do-you-find-the-old-economy-companies/#comment-428 Mon, 25 Feb 2013 02:13:00 +0000 http://themusingsofthebigredcar.com/?p=1264#comment-428 In reply to Parkite.

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Zero.

I was buying operating units that I folded into a bigger corpus but each one was an operating business in two different industries.

The characteristics and motivations of the sellers was the secret sauce as I have laid it out for you.

Bit of a roll up and consolidation to use Wall Street vernacular.

Multi-unit, multi State operating businesses.

This is not hard to do if you follow the steps and work the deal. Do not try to reinvent sex or business.

The first one is the learning experience and the rest of them are formulaic.

BRC
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]]> By: Parkite https://themusingsofthebigredcar.com/old-economy-new-economy-transformation-where-do-you-find-the-old-economy-companies/#comment-426 Sun, 24 Feb 2013 23:05:00 +0000 http://themusingsofthebigredcar.com/?p=1264#comment-426 Damn. Over a 100 transactions? What percent, roughly, did you have buyer’s remorse?

]]> By: JLM https://themusingsofthebigredcar.com/old-economy-new-economy-transformation-where-do-you-find-the-old-economy-companies/#comment-425 Sun, 24 Feb 2013 02:03:00 +0000 http://themusingsofthebigredcar.com/?p=1264#comment-425 In reply to Rohan.

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Thanks, Rohan. Be well, my friend.

BRC
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]]> By: Rohan https://themusingsofthebigredcar.com/old-economy-new-economy-transformation-where-do-you-find-the-old-economy-companies/#comment-424 Sat, 23 Feb 2013 23:14:00 +0000 http://themusingsofthebigredcar.com/?p=1264#comment-424 Really nice post, JLM! 🙂

]]> By: JLM https://themusingsofthebigredcar.com/old-economy-new-economy-transformation-where-do-you-find-the-old-economy-companies/#comment-423 Sat, 23 Feb 2013 20:51:00 +0000 http://themusingsofthebigredcar.com/?p=1264#comment-423 In reply to Tom Bakalis.

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A cup of coffee with a side of 10W30?

jminch2011@gmail.com

Hell, yes.

BRC
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]]> By: Tom Bakalis https://themusingsofthebigredcar.com/old-economy-new-economy-transformation-where-do-you-find-the-old-economy-companies/#comment-422 Sat, 23 Feb 2013 20:44:00 +0000 http://themusingsofthebigredcar.com/?p=1264#comment-422 Outstanding posts on transforming old economy businesses into new economy entities! You’ve obviously learned a thing or two in 47 years and 172,000 miles and its refreshing to see you’re willing to share that knowledge. Well played indeed!
I would love to buy you a coffee next time you’re in NYC.

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