Tag archives for self-funded search
Is search right for you?
Searching almost sounds too good to be true! You want to be an entrepreneur, but have no "great idea". You have just completed your MBA and dread jumping back into what you did before school.…
When to Search?
Deciding when to start your search is one of the more significant decisions in your entrepreneurial life; be sure you get it right, as you may likely get only one chance. Search is not for…
Where to search from?
Choosing the geographic boundaries of your search has far-reaching implications on your tactics, fundraising, personal expenditures and even the perception of the sellers you may purchase from. Selecting a home base from which to work…
Choosing a search partner – or not!
After fully committing to a search, one of the next critical decision is whether to identify a partner for the journey, or to forge ahead as a solo searcher. Remember, you may be fully engaged…
Searching as a Couple
Husband-and-wife teams searching for, purchasing and then running a business, is a special variation on selecting a partner for a search. Searching with a partner is one of the key decisions a searcher must make…
Respecting your significant other
The support you receive during your search will come not just from your investors, other searchers, personal friends, and other advisors, but also from the "significant other" in your life, whether that be your spouse,…
Wearing the coat
Being a CEO early in your career is the most significant benefit of the search process. However, the reality of taking over the reins of an established business may not live up to your imagined…
Compensation
During your search, and once you are operating the business you have purchased, you should be "reasonably" compensated for your efforts. Certainly, not at the highest level of your friends in other careers, but enough…
Researching Search
While there is a wealth of materials, books, articles, experts and opinion leaders covering entrepreneurial start-ups, not much information exists about searching for and buying your own company on the path to being an entrepreneur.…
Blog Purpose and Objectives
Having "searched" for my own business to purchase almost 30 years ago and as an investor in and mentor for many searchers, I am regularly asked for my opinion and advice. A Blog allows…