

How to Survive Going from Hedge Funds to SMB Owner
Oct 19, 2023
Neil Finneran, former hedge fund professional and CFO, talks about his career pivot to becoming a small business owner by buying a pest control business. He discusses the value of a supportive spouse, hiring and incentivizing blue-collar employees, retaining customers in a recurring revenue business, advantages of being part of a franchise, competitors in the pest control space, and decision-making for marketing spend.
Chapters
Transcript
Episode notes
1 2 3 4 5 6 7 8 9
Introduction
00:00 • 4min
From Finance to Small Business Owner: Exploring New Ventures and Opportunities
03:31 • 9min
Resale Business: High Margins and Cash Flow
12:37 • 6min
Successful searcher and insurance firm for acquisition entrepreneurs
19:04 • 2min
Buying Debt, Interest Rates, and Number of Employees
21:27 • 2min
Working in a Blue Collar Business
23:33 • 19min
Challenges of Running a Home Services Business
42:26 • 2min
Lifetime Value vs Cost of Acquisition
44:27 • 20min
Pest Control Business and Recurring Revenue
01:04:10 • 11min