Acquiring Minds

1 Business vs. Many: Deciding to Roll Up

Jun 13, 2024
Elliott Edge, an entrepreneur, shares insights on submitting LOI's, acquiring during Covid, remote work transition, and creating value through roll-ups. He discusses spouse's role in acquisition, MBA importance, and continuous change belief.
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ADVICE

Searcher Positioning

  • As a searcher, position yourself strategically.
  • Compete on speed and local presence, not just financial metrics.
ADVICE

Make Offers Early

  • Focus on making offers early in your business search.
  • Don't get bogged down in analysis; test valuations and learn by doing.
ANECDOTE

Wife's Advice

  • Elliott Edge's wife encouraged him to buy a smaller business.
  • She reasoned he could grow it faster than finding a larger one.
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