Unlock Search Success: Have you been turned down by a broker or seller?

I was recently turned down by a seller. No opportunity to even evaluate the CIM.

This experience got me thinking… how do we stand out from the rest? How are independent searchers perceived by the top brokers and/or sellers? While there are some obvious steps we can take to improve optics, like developing a professional looking website with a nice email address, I've noticed that often once you do a "double click" on that website you find out there just one person.

I think my profile is good… I'm a business owner (through acquisition) in the value-based healthcare field seeking opportunities directly related to my industry knowledge. I have an independent sponsor, advisors, and a co-founder (Dr. Reinert - aka my wife). But I still get turned down for the higher quality deals, often before even seeing the CIM.

So… think it's time to leverage this community and do an informal survey. I would like to see if there is interest in forming an investment and/or acquisition group. Pooling our talent and resources will likely only help us all. Here are a few ideas on how this might work. If you are interested, let me know in the comments and I'll reach out.

Basic Structure:

• Official Legal Structure: The investment and/or M&A group would come together under a legally recognized entity, providing a solid foundation for our collective efforts.

• Establish a Distinct Brand: We would create our own website and brand to showcase our combined expertise and capabilities.

• Complementary Skillsets: Ideally, we would recruit individuals with diverse skill sets, including legal expertise, M&A experience, business ownership, industry knowledge, marketing skills, and more.

•Individual Autonomy: While we collaborate as a group, each member would have the freedom to pursue acquisitions or investments independently.

Benefits:

• Wisdom of the Crowds: By leveraging platforms like a dedicated Slack channel, we can tap into the collective intelligence of our group, sharing insights, discussing deals, and exchanging searching ideas.

• Enhanced Appeal: With a group comprising multiple professionals with differentiated skills, capital, and connections, we can present a stronger value proposition to brokers and sellers, elevating our credibility and attractiveness.

• Additional Perks: Are there any other benefits you envision? Let's discuss and explore additional advantages this collaboration could offer. If you find this idea intriguing, please let me know by expressing your interest. I am eager to reach out and discuss further with those who share a similar vision.

If you find this idea intriguing, please let me know by expressing your interest. I am eager to reach out and discuss further with those who share a similar vision.