ETA Insider Podcast Navigating Personal and Financial Risk in Entrepreneurship
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Sep 29, 2023 Tim Lahey, CEO of r:Home, discusses personal risk assessment in entrepreneurship, acquisition process, challenges of scaling a service-oriented business, and the value of industry knowledge. He reflects on personal growth and learning experiences in ETA, encouraging aspiring entrepreneurs.
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From Finance To Entrepreneurship
- Tim Leahy transitioned from a finance career to buying a business after hearing about acquisition as a path to entrepreneurship.
- He cold-called a speaker he admired, met for coffee, and that conversation launched his search journey.
Two Faces Of Risk
- Tim separates risk into financial risk and personal risk when evaluating ETA.
- He emphasizes assessing personal tolerance for being tested beyond corporate guardrails.
Pick A Search Style That Fits You
- Do choose a search approach that matches your desire for decision-making agency and collaboration preference.
- Tim chose a self-funded search so he retained ownership of decisions and accountability.