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Leaving a Big Salary in DC for Small Business in Wyoming
Podcast |
Acquiring Minds
Publisher |
Will Smith
Media Type |
audio
Categories Via RSS |
Business
Entrepreneurship
Investing
Publication Date |
Sep 18, 2023
Episode Duration |
01:33:36

Eric Hayes was an accomplished executive in the DC area with 5 kids when he decided to buy a business in Laramie, WY. 

Topics in Eric’s interview:

  • Walking away from a C-level career to buy a small business
  • Difficulty raising equity
  • How “smiling and dialing” investors paid off
  • Willingness to take “key man risk”
  • Negotiating a premium for his operations experience
  • The business of restoring native ecosystems 
  • Costs to serve customers across the Mountain West
  • Learning to communicate with his foremen
  • Uncertainty of project-based business
  • Life in a small town vs. life in a big city

References and how to contact Eric:

Learn more about Walker Deibel's done-with-you buy-side advisory:

Connect with A-players who can run your business remotely:

Connect with Acquiring Minds: 

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