Acquiring Minds

7 Years Later: Leaving Wall Street to Buy Small Businesses


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The 3 founders of Chenmark left promising corporate careers to pursue a multi-decade path of acquiring small businesses. 

Themes from the interview with James & Palmer Higgins:

  • Why the Chenmark founders decided to do this
  • Lessons learned from 30+ acquisitions
  • How the founding thesis is performing 7 years in
  • The value of an "extreme delayed gratification muscle"
  • Intellectual stimulation in corporate life vs. small business
  • Buying big vs. buying small
  • How has competition in search evolved over the last 5 years
  • Chenmark’s diversification strategy

Other recommend podcasts where Chenmark has appeared:

  • Invest Like the Best: Trish and James Higgins of Chenmark Capital - Permanent Equity
  • Think Like An Owner: Trish Higgins, Chenmark Capital
  • Think Like An Owner: Trish Higgins – Chenmark Five Years Later
  • Think Like An Owner: Palmer Higgins – Moving to the Operating Side – Ep. 43
  • Think Like An Owner: Palmer Higgins – Removing Sales Roles at Mainely Grass – Ep. 61
  • The Commercial Landscaper: James Higgins - Reinforcing Areas to Create a More Scalable Platform
  • The ThriveTime Show: What’s Your Business Worth? Buying Small and Mid-sized Businesses with Chenmark Capital

Subscribe to: Chenmark’s Weekly Thoughts.

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Acquiring MindsBy Will Smith

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