How to build an efficient team of interns?

by a searcher from Georgetown University - The McDonough School of Business

2 months ago

Hello fellow searchers, 

I was looking for ideas and/or recommendations on how to build and structure an efficient team of interns for a traditional searchfund.
-	Ideal number of interns?
-	different backgrounds and work experience?
-	Is it better to have them working together or separate leads?
-	Etc…
I know the answers will vary from fund to fund, but I’d like to hear best practices and success stories with the reasoning behind them.
Thanks!

1 like
151 views
22 comments

searcher from INSEAD

My approach has been to go more high-volume, so I actually have a lot of interns###-###-#### depending on the point in time). It has enabled me to have a high volume of personalized outreach, as well as have a deal team focused on helping me to analyze deals. Top performers are given opportunities to lead teams / functions. It took some time to set up, but gives me high leverage to focus my time on deals rather than operations. Happy to talk more via DM.

1 month ago | like reply | 1 like

searcher from University of Louisville

Thanks for sharing.

1 month 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?

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

Sorry, but you are a broker's worst nightmare ... and how to fix it

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.