Getting up to speed on a new industry

by a searcher from University of California, Berkeley

1 year ago

Hi guys, as you're looking at deals daily, how do you quickly get up to speed on an industry? 

I want to understand the driving forces behind a business, major competitors, why would someone want to get in or avoid a business. Whether this industry is a good fit for you.

How do you go about your own research?

6 likes
221 views
21 comments

professional from University of Southern California - Marshall School of Business

Trade associations.

1 year ago | like reply | 0 likes

searcher

To speed up the process of learning about an industry, I personally just brought on an advisor who has ran their own company within that industry. You can either compensate them upfront through cash or give them a percent or two of equity within the deal you're pursuing.

1 year ago | like reply | 0 likes

More on Searchfunder

Just Closed on My First Deal! Reflections and Takeaways for other Searchers

45,152 transactions are available on Searchfunder (now searchable by keyword)

Now everyone has unlimited IBISWorld access

Family office looking for traditional searchers

Examples of self-funded searcher websites

What are market terms for Seller Notes?

Investor seeking Self-Funded Search Deals

2 Best Ways To Find Motivated Sellers, Off-Market Deals

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.