Acquiring Minds One Couple, 4 Kids, and a Business 3 Hours Away
11 snips
Aug 12, 2024 
Gabe Perez, a former corporate employee turned entrepreneur, and Kristen, a professional returning to work to manage their new family business, discuss their journey to acquiring a $4 million cold storage manufacturer. They reveal how they balance family life with business challenges, emphasizing the importance of communication and teamwork. Gabe shares insights on securing lender confidence despite the business's cyclicality, while Kristen talks about the emotional toll of entrepreneurship and their goal to create a supportive workplace for their family.
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Kristen's Career Path
- Kristen's prior career involved working on a hedge fund's trading floor.
- She chose to stay home for a decade due to the demands of Gabe's consulting job and childcare costs.
Moving to Western Mass
- The Perez family moved to Western Massachusetts from New Jersey due to high costs of living and taxes in the suburbs.
- This unconventional decision prepared them for the similar reaction they received when deciding to buy a business.
Risk Re-Evaluation
- Gabe's corporate career path felt risky with no certainty.
- This realization, combined with impending college tuition costs, prompted him to seek an alternative.