Navigating Failure: Buying a $5m+ Business that Collapses

John Ikalowych shares his traumatic journey of going all-in to buy a hail-repair business, then having to shut it down. Topics in John Ikalowych’s interview:John’s background in commercial bankingBuying a car hail repair businessLosing half his staff just months after acquisitionThe disaster that tanked their financesPivoting from B2C to B2BShutting down the businessHow the business failure changed himClosing a business with a personal guaranteeJohn’s advice to searchersThe importance of peer supportLinks and how to contact John:LinkedIn303-704-2461Entrepreneurs’ OrganizationLearn more about Walker Deibel's done-with-you buy-side advisory:The Acquisition LabGet complimentary due diligence on your acquisition's insurance & benefits program:Oberle Risk Strategies - Search Fund TeamConnect with Acquiring Minds:See past + future interviews on the YouTube channel Connect with host Will Smith on LinkedIn Follow Will on Twitter