The Winning Momentum Podcast with Scott Sinclair
The Winning Momentum Podcast with Scott Sinclair
Scott Sinclair
223. How to Approach Due Diligence (it’s not about the red flags)
48 minutes Posted Apr 11, 2023 at 9:00 am.
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In this Episode, I present a layered approach to help anyone think about due diligence.  

Due diligence is a process that is typically used in business or legal contexts to evaluate and investigate a particular situation, opportunity, or risk.  

Many people think of due diligence as an exercise in finding what’s wrong with a deal so they can reject it.  They are searching for red flags.

Instead, think of due diligence as a process of evaluating whether a deal makes sense for you, assuming everything you’re told is true.  Next, work to identify, quantify and mitigate risks.  That should be the end product of a due diligence process.

Also, in this episode, I address some questions sent to me about the due diligence process.