Life after a no-dealer

January 17, 2021

by a searcher in Toronto, ON, Canada

I have read several articles on failed searches, but would like to hear some real life experiences and stories. Of course, there are different ways to "fail", but just focusing on no-dealers for a moment, I'm curious what people's experiences have been in bouncing back from this.. As someone who has financial obligations, the prospect of facing an income gap after a failed search is daunting. My background is not in finance or PE, so running a search fund is not likely to help my resume if I want to find employment in my previous line of work. What are employment prospects really like after a no-dealer for someone like me?

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Reply by a searcher
from Westminster College of Salt Lake City in Salt Lake City, UT, USA

Well, had the CT scan, chest x-ray & lab analysis of my blood done. Met with my doctor to review the results... Before leaving that morning my mom sent me a text wishing me good luck & I responded saying that I didn't need any luck because I was just going to confirm the only possible outcome. The mind is the most powerful thing on earth & maybe even in the universe. If I would have let myself fall into the darkness that kept tugging on my thoughts & emotions instead of being resolute, the results would have been different. My conviction didn't waiver, at least not until I felt the prick from the needle for the contrast injection, right before the CT scan. Then all of sudden everything got real. It wasn't a rehearsal in my head anymore. I was really there in the hospital & it was judgement day! I started to think to myself that all this staying positive stuff was so insanely futile & silly. Like, who in the hell did I really think I was? I thought that I should have done more. I should have done anything & everything possible. This is my life for hell's sake! I could feel the panic building up inside. I wanted to jerk the needle out of my arm & run. I wasn't ready to deal with reality just yet. But right at the last second my rational mind got control. If I lost it in the final seconds, all the months of mental discipline would be wasted & time is too precious to waste. So, I pictured myself walking out of the hospital, calling my loved ones & telling them that I was right, I had won. I replayed that scene over & over for the rest of the morning, through the rest of the tests & even during the eternity long wait for the doctor to come in the room. Sure enough, I was right. I'm home free or as my doctor said, I'm "cured outright". Thanks for reading my super-verbose posts & for the kind remarks. Cheers y'all! Onward & upward.

Reply by a searcher
from Westminster College of Salt Lake City in Salt Lake City, UT, USA

Thank you very much David! But if inspiration is on the menu, watch this. It is my great grandfather’s story & only covers about 2/3 of the deals he did. It hints to a few classified deals, like mining uranium & I know he supplied for the Manhattan Project but not sure how much, hence the mention of warheads in the start & the tank, etc. Unfortunately, he died at a young age from brain cancer, likely from the radiation, shortly after this film was produced & broadcast across the entire nationally multiple times. We held on to some of the assets until just a few years back, like The Charleston Apts. But it’s really too bad he let go of the oil refinery & the 155+ gas stations that he built all over the western U.S. before dying because that oil refinery produces 1 million gallons of gas per day right now. I’m also bummed his son, my grandfather, sold all three gypsum board (aka drywall) plants, one of which is covered at the very end if the film. The plants are all owned by U.S. Gypsum now. Heck, I could go on, I wish he held on to every deal, like American Fence, an absolute monster today, Tracy Collins Bank, which became First Security Bank & then Wells Fargo acquired them. The list of deals/assets is too long, from the film & what isn’t covered but the story is amazing. I hope you enjoy everything about it. It’s a gem from the greatest generation, during a time when America was its best & much of what made it the best has been lost too. This is why I was so hell bent on investing in innovation for our public education system & generating significant returns while realigning our schools with the 21st-century global economy, where we’ve fallen from #1 in education at the time of this film, to #36 of 46 today.

Link to video: https://youtu.be/tqnUsuJJD5U

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