Spotify: https://open.spotify.com/episode/0O1VPRfk8TqrKLCt5foexD?si=3l8nbra9SKG5-ZeZVoKt2A&context=spotify%3Ashow%3A2vZrl0u2wMHPEz1EZFw2dC&nd=1
SIG website: https://www.searchinvestgroup.com/
Jordan Carter started as a part-time, generalist searcher. 3+ years later, he bought a biz doing $2.4m with 40% margins.
Topics in Jordan's interview: Part-time vs. full-time searching Consulting in order to generate income while searching
- Misconceptions about how easy it is to find a business to buy
How much cash Jordan saved for his self-funded search
Generalist vs. industry-specific search
Using interns for search Value of speaking with owners (even if they don't want to sell)
Optimal percentage of time to devote to deal sourcing
Accessing equity capital
Adding value to a super niche business you're completely new to
Growing a business 40% in 2 years after acquisition
The pain of losing an LOI
Reach Jordan at: @jordanpcarter
Great podcast with SIG founder Jordan Carter on finding a good deal quickly
by a searcher from University of Texas at Austin
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.
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