Owner vs CEO: 2 Approaches to Buying a Business
Podcast |
Acquiring Minds
Publisher |
Will Smith
Media Type |
audio
Categories Via RSS |
Business
Entrepreneurship
Investing
Publication Date |
Jun 12, 2023
Episode Duration |
01:25:15

Derek Turner has done both a traditional search fund and self-funded. We hear both stories & explore the differences. 

Topics in Derek’s interview:

  • The advantages of a geographically-focused search
  • His method for pitching business owners doing cold outreach
  • Challenges within the laser van business
  • Being a good soldier vs being a sucker
  • The downside of growth
  • The perils of buying from unpleasant owners
  • How the company grew with no marketing
  • Hiring a GM to run the business
  • Why have a board with a self-funded acquisition
  • Why self-funded search feels different than traditional search funds

Links and how to contact Derek:

With SIG, you can buy your own business and retain majority ownership:

Get complimentary due diligence on your acquisition's insurance & benefits program:

Connect with Acquiring Minds:

This episode currently has no reviews.

Submit Review
This episode could use a review!

This episode could use a review! Have anything to say about it? Share your thoughts using the button below.

Submit Review