Get into Business 101 Ep 5 BATNA Startup and Effectuation- Buy a Business

***New Video Alert!
Part 5 of the ‘Get into Business 101’ summer series.
Today, we’re talking about BATNA
Best Alternative to a Negotiated Agreement and why it matters.
Also, how startup entrepreneurs control risk via Effectuation and why a startup plan should be in your BATNA calculation.

Cheers

See you over on YouTube
David C Barnett

#businessbroker #bizbroker #businessbrokers #smallbusiness #mergersandacquisitions #smallbiz #entrepreneurship #entrepreneur #buyabusiness #startup #BATNA #Effectuation #comparison

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[icigaby]

This was good!!! As a sales professional, the SMB vs public difference in running the business is so important. I worked in sales for both types of companies…both have their pros and cons. Love it. Keep them coming!

[davidmuse]

Always useful well thought out content! Thanks for your hard work.

[gangsta]

The book you’re describing sounds like it’s from the Incerto series from Nassim Taleb

[ngussie]

Hello, Sorry if this question may sound ignorant but you use the word "multiple alot", for example, you stated "most people are willing to pay high multiple on a business with 5 employees". Could you explain what a mean when you say multiple?