Something I got asked yesterday but didn’t have a good answer: Why does it seem the vast majority of people talk about starting/buying a business but never do it?
People get this idea from Warren Buffett and people in private equity. It seems so easy. Then you look at http://bizbuysell.com and you're like "Shit, this is going to be hard." I think RE works the same way. People don't realize how much time is spent seeking good deals.
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Nah. It has nothing to do with Buffett. It's the same reason most people forget about their new year resolution on January 2nd.
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Well I can tell you that that is how it worked for me. I tried to roll-up some companies in summer of 2017 only to realize that they were all trash and the synergies were weak. Seemed really hard.
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