Moving To The Middle of Nowhere to Buy a Business

by a searcher from The University of Texas at Austin - Red McCombs School of Business

1 year ago

Does anyone have experience with this?

I am evaluating a company with great fundamentals and a highly favorable valuation, but would require moving to a town of 10,000 people.

I've only lived in big cities, so this would be quite the change of pace. I'd be leaving all of my friends behind.

Bored in my current role but a little bit concerned this is too far off the reservation.

Would like to hear other searchers experiences in leaving behind everything they knew to go run a company and how they avoided loneliness in the process.

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26 comments

investor from University of Rochester - William E. Simon Graduate School of Business

I think you need to do a bit of self-reflection before you can decide on this. You need to make sure that the environment and opportunity fit you and vice-versa. Smaller cities/towns certainly have their advantages, but they are not for everyone. As for remote options -- you could investigate, but don't count on it. Time to take some personal inventory -- the right answer is the one that is right for you.

1 year ago | like reply | 0 likes

searcher from Missouri University of Science and Technology

I have lived in areas big and small, and while there are pros and cons for both (small towns and big cities), it really comes down to personal preference.

1 year ago | like reply | 0 likes

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