WHEN YOU FIND A GREAT BUSINESS TO BUY (BUT IT'S WRONG FOR YOU)...
Would love some thoughts from the community. I'm a funded searcher, and I've got a great business under LOI that I think is a great opportunity, but not a great fit for my background. What's the best path forward?
Sell it for a finder's fee? Complete the transaction and hire a CEO? Negotiate w/ my investors to keep a piece of the equity (while they hire a CEO) and keep searching? I'm sure there are other's out there who have experienced this also. Would love to hear about what you did.
Tagging a few Searchfunders who have commented on this topic in the past and might be able to contribute to this thread: ^[redacted], ^[redacted], ^[redacted], ^[redacted], ^[redacted], ^[redacted], ^[redacted], ^[redacted], ^[redacted], ^[redacted], ^[redacted], ^[redacted], ^[redacted], ^[redacted], ^[redacted], ^[redacted], ^[redacted], ^[redacted], ^[redacted], ^[redacted], ^[redacted], ^[redacted], ^[redacted], ^[redacted], ^[redacted], ^[redacted], ^[redacted], ^[redacted], ^[redacted], ^[redacted], ^[redacted], ^[redacted], ^[redacted], ^[redacted], ^[redacted], ^[redacted], ^[redacted], ^[redacted], ^[redacted], ^[redacted], ^[redacted], ^[redacted], ^[redacted], ^[redacted] (To our friends, THANK YOU for helping to make Searchfunder a collaborative community. Be sure to take full advantage of your UNLIMITED access to IBISWorld (Searchers only) & BVR Deal Stats, now available under the INDUSTRIES & VALUATIONS tabs at the top of this screen. With Best Wishes, ^[redacted]).