Looking for Advice on Search
March 17, 2023
by a searcher from Temple University in Chicago, IL, USA
I am currently searching on my own for a business to buy. I have considered other options such as traditional search, but my understanding (probably wrong) is that you have to have an elite MBA background. This is not the case for me. I have an MBA from Temple University Japan, a Master's in Geriatrics, and a doctorate in community organizing. I have operated organizations from###-###-#### people. I am searching in a number of industries and primarily focused on health care such as non-medical home care, hospice, ALF. I operated a care management practice and have started a home care business. I am even considering just creating relationships off-market that will payoff in the future when they are ready to sell. Is there a best route in this situation? Would I be a suitable candidate for traditional search if I chose to go in that direction? Thanks in advance!
from University of Oxford in San Francisco, CA, USA
But you do have to have a particularly good & realistic plan and it sounds like you're on the right track. Many ETA folks have made huge returns out of home care and there's lots of ripe target companies, so I'd expect you to be able to gain support quickly.
However, maybe you can also skip the traditional search model's massive equity/control loss by finding the target and then raising deal funds via this network as a part-time but self-funded searcher while you work on whatever job will quickly pay your bills..
from Rice University in Jeffersonville, West Norriton, PA 19403, USA