Bob Wang

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Once you hit the 3-year mark, consider a yearly discussion on M&A with your board. First focus on business performance, growth and becoming a seasoned CEO. Because of the serious risk M&A involves (hence the generally lousy outcomes), it would not be wise to consider M&A before both board and CEO have a good understanding of the business and the CEO is ready to embark on the journey.
Search Funds & Entrepreneurial Acquisitions: The Roadmap for Buying a Business and Leading it to the Next Level
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