Episode
Why Smart People Buy Bad Businesses
- Published
- Jul 20, 2026
- Duration seconds
- 1140
- Processing state
not_requested- Canonical source
- https://soundcloud.com/dbarnettmoncton/why-smart-people-buy-bad
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Summary
- Join David's email list, RECEIVE 7 FREE GIFTS!!- https://www.DavidCBarnettList.com **New Video Alert! Why do intelligent people sometimes make terrible business acquisitions? It's rarely because they can't understand the numbers. More often, it's because excitement, urgency, and social pressure cloud their judgment. In this week's video, I explain how the famous Solomon Asch conformity experiment applies directly to buying a business. We discuss why buyers ignore red flags, how broker and market pressure influence decision-making, and what you can do to stay objective throughout the acquisition process. If you're planning to buy a business, learning how to think independently could save you from making one of the most expensive mistakes of your career. Cheers **** Do Business with David using these incredible internet links... - David's Blog where you can find hundreds of free videos and articles, https://www.DavidCBarnett.com - Book a call with David and let him help you with your project, https://www.CallDavidCBarnett.com - Learn how to buy a successful and profitable business in a risk-controlled way https://www.BusinessBuyerAdvantage.com - Get help selling your business, https://www.HowToSellMyOwnBusiness.com ----- #BuyABusiness #BusinessAcquisition #BusinessBuyer #DueDiligence #Entrepreneurship #SmallBusiness #BusinessStrategy #Psychology #ETA Youtube music licensing code: 5PJWQOE5ZZHTQSRY