ETA Timing Question: Consulting as an Interim Step?

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January 20, 2026

by a searcher from Universidad Iberoamericana in Mexico City, CDMX, Mexico

Hi everyone, I’d appreciate the community’s perspective on a decision I’m currently evaluating. I’m 32 years old with ~6 years of experience across Venture Capital and Real Estate. Fortunately, I have financial flexibility and a long-term intention to pursue an Entrepreneur Through Acquisition (ETA), self-funded, acquiring primarily with my own capital and a small group of private investors (intentionally keeping a tight investor circle). I’m not in a rush to acquire. Given the current macroeconomic uncertainty, I’m considering whether it makes sense to take an interim step before formally setting up a search vehicle or raising additional third-party capital. Specifically, I’m thinking about starting a boutique business advisory / consulting practice, focused on: Value creation initiatives M&A advisory (buy-side / sell-side support, strategy, execution) This would likely involve proactively reaching out to friends & family and other networks to source projects, build relationships, and develop deal flow. Beyond generating cash flow, I see two potential benefits: Building deeper relationships with business owners who could eventually become acquisition targets. Strengthening relationships with potential future investors through real execution and shared experience. My question to the group: Do you see this as a reasonable and complementary path toward ETA? Or could this be a distraction or suboptimal decision that delays focus and credibility as a future searcher? If anyone has pursued a similar path — or seriously considered it — I’d really value hearing what worked, what didn’t, and any advice you’d offer in hindsight. Thanks in advance for your thoughts.
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commentor profile
Reply by an intermediary
from The University of Chicago in Chicago, IL, USA
Do not let macroeconomic conditions hold you back. In my 35+ years as M&A advisor, I have observed that all years are good for "learning" how to acquire. It takes 6 to 18 months to learn. Would be nice if you have a job or some income stream.
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Reply by a searcher
from University of California, Berkeley in Dallas, TX, USA
Consulting gives a quick glimpse into different business models. You do want to make sure your getting ppl management experience as well though. Running an ETA business is 90% ppl, and the other 10% is also ppl…. Lol
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