Acquisitions
How businesses are found, assessed, approached and bought.
What I'm learning
I'm moving from operating businesses to buying them. Rather than wait until it's finished and present it as expertise, I'm documenting the work while it's still work.
How businesses are found, assessed, approached and bought.
Terms, earn-outs, vendor finance, control before ownership.
What a business is worth, and to whom, and why those differ.
Preparation, patience, and deals that work on both sides of the table.
Why owners sell: succession, fatigue, timing, life. Rarely only price.
Removing the owner as the bottleneck. Process over heroics.
Leading people who know more than I do about their part of the business.
The shift from earning inside a business to owning the asset itself.
Building beyond capacity: people, structure, capital, distribution.
Assets, not income. Freedom measured in choice, not lifestyle.
The library
The Journal is where these subjects become full pieces, deal breakdowns, lessons from operating years, and the thinking behind decisions. It is the permanent home of the ideas, independent of any social platform.
Go to the JournalThe Kellie Peyroux Letter
Occasional notes on building businesses, buying businesses and becoming the person capable of building something bigger.
Let's talk
Most of what matters in business starts as a conversation with someone who has actually run one. If any of this is relevant to where you are, write to me directly.