They are successful people, making lots of money, beating their competitors. They think this will be similar to other negotiations they have had. It is not.
More Quotes from Colin Gabriel:
With a leveraged buyout, someone will borrow 70 to 80 percent of the purchase price and laden the company with debt. The astute seller has to decide in advance whether to engage in a deal like that.Colin Gabriel
The best buyers are the ones who come knocking on your door, because they have an interest in your company.
Colin Gabriel
Offline, we tell our kids not to take candy from strangers and not to get into cars with strangers, ... But in chat rooms, they take the (virtual) candy and jump in the (virtual) car all the time.
Colin Gabriel
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Once you have a child, you change so much along the way, you don't even recognize yourself by the time they're ready to move out!
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