due diligence

“I actually worked with a due diligence company, actually, who, like, went to the code base and did all of that work, and I felt like they It just wasn't all that helpful at the deal sites that I was doing to get that level of, like, there were things that were…”

“I think that there is a limited amount of due diligence that you can do depending on the deal size, and so I think I probably over complicated that part of the process when I first got started.”

“A lot of the due diligence work, like getting my books in order, getting, you know, just getting the things that I know that they're probably going to ask for doing a lot of that prep work even before I listed helped, helped a lot so that by the time it got in…”

“I think if somebody in due diligence is really clueless what to do, what to ask for, it also kind of shows they don't have any plan on what to do with the business after that”

“Transferring assets can sometimes be harder than due diligence, just because, like, I've heard stories of people having, you know, some really good products or businesses inside of a single AWS account, they got to pull it out Or a Stripe account with multiple…”

“And I think that the most effective way to investigate because buyers can record the section, the session and watched later.”

“I show proof of earnings and ask for the set of questions, and I'm always proactive at any stage, and I tend to demonstrate and explain more than they ask for.”

“When you share that with the buyer doing during due diligence that can exponentially increase the chances of close case, something pops up.”

“When you sign an LOI, don't stop selling. Do not stop selling the business. Like you're going to have all this stuff that the buyer wants. Right. What you should also always do is record like a loom on how marketing works, how sales works, how showcase me, you…”

“The quicker they get to an LOI, or the quicker they get to, you know, responding to questions they ask, or sending you additional questions they may have, that's kind of what Due diligence is going to be like. If it's really slow getting the LOI, if it's reall…”

“If I understood it better, I would have started the process as we started due diligence. And not have lost that month in the due diligence to then start the process.”

“During due diligence, you kind of, maybe as a founder, you yourself, you see, You know, business for what it is. Because sometimes as a founder, you know, it's our it's our child, it's our project, and we care about it. So sometimes, you know, we just say, oh,…”

“Having all of your accounts separate, not having like your AWS account mixed with four other different startups or projects just makes everything so much smoother when you get to due diligence and the transfer stage.”

“Try to build a product that is very easy to transfer and get ready things done before even the due diligence process started, because you, at the end of the day, you have to transfer the assets, right? So be prepared yourself so that there is very less time be…”

“Because I think because they're small projects, there wasn't a huge amount of due diligence, but so it made it really smooth and quick processes in both cases.”

“The process of delivering all the due diligence took a little bit longer, and I was hoping to celebrate probably two months earlier than it actually happened”