This week, I sat down with Savannah Rush, Managing Partner at Funded Ventures.
Savannah went from McKinsey consultant to owner-operator of Midway Electric in Columbia, Missouri.
She and her partner Brian Wolf (who I interviewed previously) have closed two home services deals and are laser focused on building a long-term holding company.
She's not aiming to flip or exit. Her goal is to build a compounding machine.
Here are some of the highlights from the deep dive:
🔥 How she went from "ETA skeptic" to running an electrical company in a market where she doesn't exactly look like the typical president
🔥 The state of the business when they bought it (everything was on paper, hourly rates were 40% below market, and the owners were barely holding on)
🔥 How they turned it around in months, including the pricing conversation with the team that actually got buy-in
🔥 Why they're willing to go "super, super small" on acquisitions when everyone else says to go bigger
Here's her must-watch breakdown...
She also shared some things I don't hear enough people admit out loud:
âť“ Why she was nervous about stepping into the role
âť“ The one thing her McKinsey background didn't prepare her for
âť“ Why "being involved in the community" has become one of their biggest unlocks for finding proprietary deals
