Knowledge Marketplace
My First Million

My First Million

The best business ideas come from noticing what's working and doing it better, faster, or for a different audience.

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momentum is everything when it comes to deal making
timingsalesexecution

What It Means

The speed of response and follow-up in M&A processes directly impacts deal success

Why It Matters

Slow responses kill buyer interest and create opportunity for competitor deals or changing priorities

When It's True

During active negotiation phases when buyers are evaluating multiple options

When It's Risky

When moving too fast leads to mistakes in due diligence or legal documentation

How to Apply

1

Respond to buyer requests within hours, not days

2

Have materials prepared before they're requested

3

Maintain regular communication cadence

Example Scenario

A buyer requests financial projections and technical architecture overview. Founder responds within 2 hours with comprehensive materials, maintaining buyer excitement and competitive advantage over slower-responding alternatives.