Buy Then Build

Three key ideas

1. 1The book says buying an existing company is an alternative to starting from zero.
2. 2An operating history is evidence to investigate, not a guarantee of easy or profitable ownership.
3. 3Set criteria based on your skills, interests, resources, and risk tolerance before a deal grabs you.

The five 2-minute lessons

1. 1.Start with a running business
2. 2.Fit the buyer to the work
3. 3.Check what holds the profit up
4. 4.Test the deal before you sign
5. 5.Protect what works, then build

From the comic

More from Entrepreneurship & Business

• The Lean Startup
  The Lean StartupEric Ries
• Start With Why
  Start With WhySimon Sinek
• Rework
  ReworkJason Fried and David Heinemeier Hansson