M&A Unplugged

In this episode, Domenic and Scott Becker discuss:  How to create a coherent plan of action   The factors that go into a successful financial transaction  How Scott managed multiple businesses  How to be successful at both buying and selling     Key Takeaways:  Scott credits his success to having lots of energy and drive, surrounding himself with magnificent people and leaders, and his understanding of the importance of being both niche centric and customer centric  There are three parts of a transaction - getting your people all on the same page, getting in sync with those on the other side of the transaction, and all the tasks necessary to close a deal  The most successful buyers know the business extremely well, assess risks quickly and easily, and take their knowledge combined with personal/relationship skills to complete transactions.  The most successful sellers understand their purpose    "In the legal business and in the sort of media business, the whole ability to grow, and scale the practice for