Wednesday, October 3, 2012

Bob Nokley's update on Deal Fatigue

I have a very explicit reason for reposting and updating a previous blog. (Previously posted by Bob Nokley) I have a whole respect for deal fatigue. During a recent conversation with a friend and prior to this conversation I have used the phase deal fatigue. What does it mean? To me it means no matter what actions I took, the deal took its own course of actions that required specific milestones not know at the beginning of the deal opportunity. It went from an easy to evaluative to a complicated series of events that needed to happen before the deal really had any real value. I doubt that any of us associated with the deal could have known at any given time just how close the deal was to making or breaking. In other words, we just had to keep working our butts off and let the deal come to us. That’s fatigue in its purest since. At least to me for this specific trade…. Of course updating this blog at a much later time, as important as that deal was to Bob Nokley and Nokley Group, LLC I recall that the primary reason other than time and developments that the entire team working that specific deal was not committed to the deal. They were still content in better times that they did not need to work that hard to make a deal happen, how things have changed… Patients and commitments are two very important ingredients in personal, spiritual, social and business life. One could only hope to have a business deal that is worthy of “deal fatigue”, after all is it not that all good things are worth waiting for? More on the subject later.

Bob Nokley has two causes he follows

Bob Nokley Follows Adoption Awareness Foundation Bob Nokley Follows Alzheimer's Foundation of America