In The Trenches

Answers to Recurring FAQs from Current and Prospective Searchers

Listen Later

This episode is brought to you by ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Oberle Risk Strategies⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠: Insurance Broker and Insurance Due Diligence Provider for Search Funds and Other Small-to-Medium-Sized Businesses⁠⁠⁠⁠⁠⁠



*



This episode is brought to you by ⁠⁠⁠⁠⁠⁠The Profit Line: The Outsourced Finance & Accounting Department for Small and Medium Sized Businesses⁠⁠⁠⁠⁠⁠



*


Many searchers understandably tend to have very similar questions and areas of uncertainty. Indeed, in most instances, I had these very same questions and areas of uncertainty myself prior to raising my own search fund in 2012. As a result of the frequency with which I'm asked these questions, I've presented each of them in today's episode, and have also included my opinion on what the answers may be. Some of the questions include:

  • Constructing a cap table
  • Differences between the Canadian and US search ecosystems
  • Is the search fund market too crowded/saturated
  • The trade-off between price and business quality
  • What the best searchers do in their first 3-6 months
  • Proprietary vs. brokered deal flow generation
  • When to visit a prospective seller
  • Success rates of industry agnostic searches
  • Having an industry & geographic focus
  • Homogeneity among search investors re: industry preferences
  • How to spend your first week as a new CEO
  • Should I create a 100-day plan?
  • How to communicate the ownership change to customers
    • ...more
    View all episodesView all episodes
    Download on the App Store
    In The TrenchesBy Steve Divitkos
    • 5
    • 5
    • 5
    • 5
    • 5

    5

    13 ratings

    More shows like In The Trenches

    View all
    Built to Sell Radio by John Warrillow

    Built to Sell Radio

    208 Listeners

    Founders by David Senra

    Founders

    1,906 Listeners

    Invest Like the Best with Patrick O'Shaughnessy by Colossus | Investing & Business Podcasts

    Invest Like the Best with Patrick O'Shaughnessy

    2,315 Listeners

    M&A Science by Kison Patel

    M&A Science

    123 Listeners

    Capital Allocators – Inside the Institutional Investment Industry by Ted Seides – Allocator and Asset Management Expert

    Capital Allocators – Inside the Institutional Investment Industry

    802 Listeners

    Think Like an Owner by Alex Bridgeman

    Think Like an Owner

    104 Listeners

    My First Million by Hubspot Media

    My First Million

    2,619 Listeners

    Acquisitions Anonymous - #1 for business buying, selling and operating by Bill D'Alessandro, Mills Snell, Heather Endresen, and Michael Girdley

    Acquisitions Anonymous - #1 for business buying, selling and operating

    243 Listeners

    The Private Equity Podcast, by Raw Selection by Alex Rawlings

    The Private Equity Podcast, by Raw Selection

    30 Listeners

    Business Breakdowns by Colossus | Investing & Business Podcasts

    Business Breakdowns

    346 Listeners

    Acquiring Minds by Will Smith

    Acquiring Minds

    249 Listeners

    50X by Colossus

    50X

    79 Listeners

    Joys of Compounding by Colossus | Investing & Business Podcasts

    Joys of Compounding

    97 Listeners

    Moneywise by Hampton

    Moneywise

    643 Listeners

    Never Enough by Andrew Wilkinson

    Never Enough

    56 Listeners