Launch Series Ep.3: Diligence and Closing with Ryan Turk and Keith Gross - Ep.178

I want to tell you about our audience survey we are currently running. These surveys help us create the best content for listeners and better understand your needs and interests. Thank you in advance for sharing your feedback, we greatly appreciate it. After 30 days we are giving $250 cash to 4 survey responders, just add your email at the end of the survey. Take the survey here: https://bit.ly/3QLBB1N Ep.178: Alex (@aebridgeman) is joined by Ryan Turk (@Ryan-Turk) and Keith Gross (@Keithmgross). This is the third episode in our Launch Series, a partnered episode series with Trilogy Search Partners and Pacific Lake Partners. This conversation focused on managing the due diligence process after a signed LOI with past guest Ryan Turk, CEO of Radiation Detection Company, and Keith Gross, Partner at Pacific Lake. This discussion touches on managing third parties, the importance of open and regular communication, the goals of different types of due diligence, and focusing on the issues that matter. Listen weekly and follow the show on Apple Podcasts, Spotify, Google Podcasts, Stitcher, Breaker, and TuneIn.  Learn more about Alex and Think Like an Owner at https://tlaopodcast.com/ Links: Ryan on LinkedIn Keith on LinkedIn Pacific Lake Partners Radiation Detection Company Think Like an Owner Ep.110 w/ Ryan Turk Timestamps: (00:02:45) The objective of doing diligence  (00:06:15) Deciding where to focus diligence (00:14:05) Having flexibility in your areas of focus (00:15:42) Pipeline management while in diligence or doing a deal (00:22:27) Managing investor communications & Board construction (00:41:42) Managing external parties (00:44:00) Confirmatory diligence (00:46:51) Keeping legal advisors focused  (00:50:24) Managing seller relationships