I became interested in acquiring a small business after learning about Brent Beshore (Permanent Equity) on a podcast. The journey of buying a business, making it your own and earning a great return is what attracted me. However I underestimated how tough it is to actually acquire a business, especially on the smaller end (100k-400k of EBITA). Many of these SMB's do not keep good books, which makes it extremely hard to verify. Additionally, many small businesses are just a job, not really an investment. Meaning the owner does all the work/is the business, there's no management structure.

Like anything that has the prospects of good returns, the journey is going to be tough. If finding a small business (operating a search fund) were easy, the potential returns would be a lot smaller.

I made the jump into searchfunding through Walker Deibel the author of "Buy Then Build". His insights into acquiring a business are extremely helpful and within the book he mentioned search funder. After I read that, I almost immediately looked searchfunder up and found out the massive value that it had to offer. I am so glad to be a part of this community and look forward to acquiring a business by December 10, 2020. Thank you.