Walker shares a fantastic answer in Buy Then Build: ambitious entrepreneurs should buy an existing company and use it as a platform to build value, rather than start a business from scratch. There are three primary reasons: Startups have a little flaw: they mostly fail. Existing companies have the established infrastructure that many startups are trying to build in the first place. Acquisition entrepreneurs should match their resources and talent to transitioning businesses to create significant value in a company all their own.
