When the Business Can't Be Saved : Resilience | Dustin Fusillo Interview

Today's interview is about emotional resilience. It is the story of a small business acquisition gone wrong. But it is not about fetal position moments and tears. Dustin Fusillo, who bought an ATM parts & services business, handled the decline and ultimate shuttering of the business he bought with stoicism. Not to say that it was easy, or that he just breezed through. He was disciplined about his mental health as things went sideways. He leaned on mentors and friends. And Dustin had toughened due to events in his personal life in years prior. So in today's interview you'll hear from someone whose acquisition went in the wrong direction, fatally, but he did not let it consume him. Not only that, he actually landed on his feet. Please enjoy this unusual story of first-time business buyer Dustin Fusillo.

❤️ Enjoy this interview? SUBSCRIBE for more: https://bit.ly/42hLnN0

00:00:00. Dustin’s background
00:06:09. Dustin’s first entrepreneurial risk
00:13:21. Dustin starts searching for a business
00:16:38. His first deal falls apart
00:23:02. Dustin buys a turnaround
00:32:56. Deal structure and seller note
00:35:57. Discovering Financial Discrepancies
00:39:41. Attempting to clean up the books
00:43:49. Managing stress
00:47:55. Reflecting on due diligence
00:51:46. Selling to a competitor
00:58:44. His new job managing P&L
01:04:28. Reflecting on his journey

CONNECT with the Acquiring Minds podcast, socials, etc.
🎧 Podcast on Spotify: https://open.spotify.com/show/2vZrl0u2wMHPEz1EZFw2dC
🎧 Podcast on Apple: https://podcasts.apple.com/us/podcast/acquiring-minds/id1569715379
👉 Get notified of new interviews: https://acquiringminds.co
👉 Follow host Will Smith on Twitter: https://twitter.com/whentheresawill
👉 Connect with host Will Smith on LinkedIn: https://www.linkedin.com/in/willsmithsf/

ABOUT Acquiring Minds
Acquiring Minds is a podcast about buying businesses. Acquiring an existing business is an awesome opportunity for many entrepreneurs, and host Will Smith talks to the people who do it. New episodes 2x per week.

#business #acquisitions #buyingbusiness

Видео When the Business Can't Be Saved : Resilience | Dustin Fusillo Interview канала Acquiring Minds