In this video, Glen talks about his procurement of Current and touches on the balance between acquisitions and startups in business growth strategies.
Knowing When to Buy and When to Back Out
In this episode of the Conversations with Glen Taylor video series, Glen talks about his acquisition involving Current, a business he bought from the Minnesota company Deluxe. Despite facing competition and the temptation to increase bids, Glen remained steadfast in sticking to his valuation, ultimately leading to a successful acquisition. Glen emphasizes the need for organic growth to demonstrate the company's internal strength in generating sales and providing services. Glen also emphasizes the need for specificity in growth targets, advocating for a thorough understanding of the accounts and strategies required to meet those targets. His strategy highlights the importance of patience, strategic planning, and a balanced approach to business growth through both organic means and acquisitions.
Learn more about Taylor: www.taylor.com
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