• How an American Bought a Canadian Business

  • May 2 2024
  • Length: 1 hr and 34 mins
  • Podcast
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How an American Bought a Canadian Business

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  • Summary

  • Most first-timers shy away from buying across borders. Not Christi Loucks, whose Canadian acquisition did $550k of SDE.

    Topics in Christi’s interview:

    • Buying a business for personal fulfillment
    • Painful broken deals
    • Challenges of buying a cross-border business in Canada
    • The positive role emotions play in dealmaking
    • Losing (and regaining) 55% of her clients after transition
    • The line between cold outreach and spam
    • Constant change in the tech industry
    • Unexpected expenses after transition
    • Planning for her maternity leave
    • Her husband’s return to a corporate job

    References and how to contact Christi:

    • LinkedIn
    • Revenue Accelerator
    • Neil Bearden

    Get a complementary pre-acquisition HR & PEO review for your target business:

    • Contact mark@aspenhr.com or visit Aspen HR

    Get complimentary due diligence on your acquisition's insurance & benefits program:

    • Oberle Risk Strategies - Search Fund Team

    Connect with Acquiring Minds:

    • See past + future interviews on the YouTube channel
    • Connect with host Will Smith on LinkedIn
    • Follow Will on Twitter
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Leadership Economics Personal Finance
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