Connor Tomkies. He spent 8 years growing and selling SupportNinja, his global talent acquisition firm. Now he focuses on buying great businesses to scale them for exit. This episode delves into Connor’s exit experience, why he prefers to buy a significant portion of a business over angel investing, and how helping out his extended family members turned out to be the most rewarding use of his exit wealth.
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Timestamps:
00:00:00: Intro
00:01:16: Welcome
00:01:26: The sale of Support Ninja
00:02:42: The experience of selling a company
00:03:08: Lessons learned from selling the company
00:09:48: The start of Operator Equity
00:10:10: How Operator Equity works
00:12:01: Explanation of EOS (Entrepreneur Operating System)
00:14:22: Experiences with EOS and why it was chosen
00:17:01: Ambitions for Operator Equity
00:17:15: Why Operator Equity was started
00:18:11: Personal love for inception and growth of a company
00:19:27: Investment in mature companies
00:20:33: Managing the creative impulse with mature companies
00:21:11: Beginning of Operator Equity journey
00:21:26: Looking ahead: The future of Operator Equity
00:22:15: Reflections on the impact of ego in business
00:23:04: The notion of fleeting success and the value of the journey
00:23:43: The struggle of self-identity post exit
00:26:13: The evolution of thoughts about money and wealth
00:28:24: The challenges and fears related to sudden wealth
00:31:06: Caution around extending financial security to others
00:31:45: Uncertainty in defining personal success after exit
00:33:22: The impact of financial success on personal relationship
00:35:45: Thoughts on sense of purpose post business exit
00:37:55: Avoiding guilt through conscious actions in business
00:39:56: Managing imposter syndrome and motivation
00:43:02: Expectations and understanding of success from parents' perspective
00:43:55: Discussion about stepping down and operator equity
00:44:23: Thoughts on raising future children and entrepreneurship
00:45:35: Talks on operator equity and investments
00:47:24: Inquiry over work-life balance
00:48:42: Question on personal legacy
00:49:50: Conclusion and best wishes for future projects
