I am in the exploratory phase of deciding if/when I want to pursue a search. I have a personal interest in the personal care space (hair salons), which is dominated by small, owner-operated businesses. However many of the searchers I met in school kept their options open industry-wise and focused on finding a business with the right growth opportunities and team. Would love to hear if anyone narrowed their search to a certain industry and, if so, how long it took you to find the right business.
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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.
In my subsequent businesses, I started with a new approach. My first question was what were the things I wanted personally and professionally to have and what businesses/industries did I think best supported those goals. Along with that I matched those industries with where I saw business opportunities. That was a WAY better approach! I think you can do both in terms of defining your personal/business goals and interests first and then match that up with where there are opportunities. My result was I made more money, worked on the parts of the business I was best at and enjoyed most and was able to balance it with my family life. I would say the best of both worlds.