As we discussed last month, selling a business is a highly emotional and sometimes challenging process for even the most rational and staid entrepreneur. As M&A specialists over the past fifteen years, we have seen every flavour, brand and size of emotion known to man – we’ve seen behaviour that would make Charlie Sheen look grounded and well-adjusted.
We have taken some serious learnings from these collective experiences. At the end of the day, the truth is that almost all sellers go through a process that is a long and emotional rollercoaster ride, so it is critical to establish and maintain a solid mental framework to see a transaction through successfully.
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