Business Collapse After Going All-In

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Justin Willess liquidated his 401k to buy a $8.5m construction business. He lost the business and may lose his house.

Topics in Justin’s interview:

• Frustration with his consulting career
• Buying a construction company
• Construction landscape in Northern Virginia
• Discovering cooked books after transition
• Seller refused to release promised funds
• Emptying his 401k to make payroll
• Calm is contagious
• Closing the business
• What he learned from the failed acquisition
• Why he wants to acquire again

References and how to contact Justin:

• LinkedIn
• [email protected]

Work with an SBA broker who focuses exclusively on helping entrepreneurs buy businesses:

• Matthias Smith of Pioneer Capital Advisory

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• https://www.malaunchpad.com & enter code ACQUIRINGMINDS

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• The Acquisition Lab

Connect with Acquiring Minds:

• See past + future interviews on the YouTube channel
• Connect with host Will Smith on LinkedIn
• Follow Will on Twitter