Hey everyone – I recently joined the community, as I am extremely interested in the acquisition entrepreneur route. I've noticed a large amount of folks here either have an MBA, business or finance background.
I however, do not. My professional background is in marketing, as I've led and managed marketing for a couple FinTech companies in the Bay Area (Robinhood, Chime). Being at these companies early on, I was however exposed to a large portion of the business.
I am curious if there is anyone who has a non-business background, who has successfully acquired a business or started/partnered in a search fund? And if so, how did you leverage your existing skill set, and what are some steps you took to acquire new skills that were vital to your success in search funding/acquiring a business?
Acquiring businesses with a non-MBA/finance background?
by a searcher from University of Southern California
More on Searchfunder
Searchfunder is an online community and toolkit for searchfunds. Over 80% of those involved in searchfunds maintain a Searchfunder.com account to help them network, problem solve challenges, and keep up with the industry.
We maintain partnerships with database providers that make searching more effective, efficient and affordable along with features that help searchers find deals and investors and vice versa.
We maintain partnerships with database providers that make searching more effective, efficient and affordable along with features that help searchers find deals and investors and vice versa.
I leveraged my operations background to start to grow the business advisory side of the business. A lot of small business owners don't know how to create process/standards/KPI's dashboards, or know how to do proper goal setting and people management. These are all things I can add a lot of value to a small business with. To fill in some of the gaps I have on the accounting side of things (I have a liberal arts undergraduate degree) I am taking accounting courses at my local community college, but honestly don't plan to do much of the work myself...just want to be a little more literate when speaking with my team and prospects.