Acquiring Minds Boom, Bust, Boom: Buying a Whiplash Business
13 snips
Oct 26, 2023 Chandler Reed reflects on his experience of buying a project-based business, the challenges of managing people, the ups and downs of project-based revenue, and the impact of interest rates on deal flow. He also discusses his preference for digital businesses, the importance of key individuals in acquisitions, and the transition to a more independent role. The speakers encourage growth and support in the self-funded search industry and discuss upcoming boot camps and conferences.
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Transcript
Episode notes
1 2 3 4 5 6 7 8 9 10
Introduction
00:00 • 2min
A Unique Journey into the World of Buying a Business
01:33 • 3min
Background and Opportunity
04:28 • 12min
Navigating HR Challenges and Employee Management in Acquired Businesses
16:09 • 3min
Acquiring a Business and Assessing Key Individuals
19:21 • 19min
Life after Transition: Making Hires and Achieving Work-Life Balance
38:39 • 2min
The Growth and Success of the Business
40:41 • 18min
Transitioning to a More Independent Role
58:39 • 19min
Encouraging Growth and Support in the Self Funded Search Industry
01:17:19 • 2min
Upcoming Boot Camp and SM Bash
01:19:06 • 4min