Acquiring Minds

Why Choose Ownership Over Being a CEO


Listen Later

After chafing under the constraints of being a CEO, Katherine Butler-Dines & Rahul Desai bought a business of their own.

Register for the webinar:

  • Financing Your Deal: SBA vs. Non-SBA - Nov 13th - https://bit.ly/47OQpUA

Topics in Katherine and Rahul’s interview:

  • Katherine’s early CEO experience
  • Board conflicts pushed her toward majority ownership
  • Acquiring without a traditional bank loan
  • Convincing the seller to do a seller note
  • Paying the seller note with float from advance bookings
  • Rahul built custom software to increase margins
  • Searching nights and weekends while at their W-2s
  • Affordability of living in the midwest
  • Vision of acquiring and integrating more travel businesses
  • Learning to delegate and enjoying free time

References and how to contact Katherine and Rahul:

  • Katherine’s LinkedIn
  • Rahul’s LinkedIn
  • Affinity Travel Co.
  • Shell Zhang on Acquiring Minds: Buying a Not Boring Business with $600k SDE
  • Jared Benoff on Acquiring Minds: Why Buy a Travel Agency (Because They Can Crush It)

Get complimentary due diligence on your acquisition's insurance & benefits program:

  • Oberle Risk Strategies - Search Fund Team

Work with an SBA loan team focused exclusively on helping entrepreneurs buy businesses:

  • Pioneer Capital Advisory

Learn more about Walker Deibel's done-with-you buy-side advisory:

  • The Acquisition Lab

Connect with Acquiring Minds:

  • See past + future interviews on the YouTube channel
  • Connect with host Will Smith on LinkedIn
  • Follow Will on Twitter

Edited by Anton Rohozov
Produced by Pam Cameron

...more
View all episodesView all episodes
Download on the App Store

Acquiring MindsBy Will Smith

  • 4.8
  • 4.8
  • 4.8
  • 4.8
  • 4.8

4.8

265 ratings


More shows like Acquiring Minds

View all
The Knowledge Project by Shane Parrish

The Knowledge Project

2,685 Listeners

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

Invest Like the Best with Patrick O'Shaughnessy

2,357 Listeners

Founders by David Senra

Founders

2,169 Listeners

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

Capital Allocators – Inside the Institutional Investment Industry

795 Listeners

POWERS by Chris Powers

POWERS

505 Listeners

My First Million by Hubspot Media

My First Million

2,646 Listeners

Dry Powder: The Private Equity Podcast by Hugh MacArthur, Bain & Company

Dry Powder: The Private Equity Podcast

142 Listeners

All-In with Chamath, Jason, Sacks & Friedberg by All-In Podcast, LLC

All-In with Chamath, Jason, Sacks & Friedberg

9,951 Listeners

Minds Capital Podcast by Will Smith & Niklas James

Minds Capital Podcast

14 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

246 Listeners

Business Breakdowns by Colossus | Investing & Business Podcasts

Business Breakdowns

349 Listeners

The Startup Ideas Podcast by Greg Isenberg

The Startup Ideas Podcast

203 Listeners

Moneywise by Hampton

Moneywise

662 Listeners

The Koerner Office - Business Ideas and Small Business Deep Dives with Entrepreneurs by Chris Koerner

The Koerner Office - Business Ideas and Small Business Deep Dives with Entrepreneurs

248 Listeners

Think Big, Buy Small by Harvard Business School

Think Big, Buy Small

38 Listeners