A Brutal Search Rewarded with Success After 3+ Years
Jordan Carter started as a part-time, generalist searcher. 3+ years later, he bought a biz doing $2.4m with 40% margins.
Topics in Jordan's interview:
Part-time vs. full-time searching
Consulting in order to generate income while searching
Misconceptions about how easy it is to find a business to buy
How much cash Jordan saved for his self-funded search
Generalist vs. industry-specific search
Using interns for search
Value of speaking with owners (even if they don't want to sell)
Optimal percentage of time to devote to deal sourcing
Accessing equity capital
Adding value to a super niche…
The skinny
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