The Psychology of Mergers & Acquisitions—with Domenic Rinaldi - EP 151
The world of mergers and acquisitions is thought of as left-brained. And yes, it IS about developing a strategy and analyzing opportunities. But if you’re buying or selling a business, it’s important to be emotionally ready, too. So, how do you know if you’re fully prepared to take over a new venture? Or step away from the one you’ve built?
Domenic Rinaldi is the Owner and Managing Director of Sun Acquisitions, a mergers and acquisitions firm based in Chicago, IL. He helps the owners of privately held companies valued between $2M and $30M acquire and sell businesses. Dominic has been involved in 300-plus business transactions in a variety of industries, and he shares his expertise as a speaker, author and host of the M&A Unplugged Podcast.
On this episode of Men on Purpose, Domenic joins Emerald to explain what called him to the field of mergers and acquisitions and describe the preparation necessary to buy or sell a business. He discusses the importance of soliciting help from the right advisors, hiring experts to compress your learning curve, and using your unique ability to move the needle in your business. Listen in for insight on leveraging your circle to make important decisions and learn how Domenic knows when a seller is emotionally prepared to step away from their business.
What You Will Learn
What called Domenic to the field of mergers and acquisitions
The mental and financial preparation necessary to buy a business
Why it’s crucial for buyers to solicit help from the right advisors
The idea of unique ability and how it can help you move the needle in your business
How hiring an expert helps you compress your learning curve
How Domenic coaches clients to maximize the value of a sale or purchase
Why Domenic brainstorms with his circle to make decisions
Domenic’s insight on the psychology of selling a business
How Domenic knows when a seller is emotionally ready to leave a business
Domenic’s challenge around using tech to get in front of prospects
Connect with Domenic Rinaldi
Connect with Emerald GreenForest
Listener Line (540) 402-0043 Ext. 3333
This episode is sponsored by the Creative Age Consulting Group. Men - Is it time NOW for you to make your mark? Visit timetomakeyourmark.com to apply for an invitation-only consultation.