Acquiring Minds

The $50m Lifestyle Holdco

62 snips
Jan 20, 2025
Abhi Ravi Shankar, co-owner of Trust One Partners, shares his journey from a BCG partner to small business acquirer. He discusses the unique holdco model he developed with friends to grow businesses collaboratively. Topics include their quick acquisition of a pool business and future plans for a Seattle franchise. Abhi emphasizes work-life balance, the importance of strategic partnerships, and how setting clear agreements among partners is vital for success in the entrepreneurial landscape.
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ANECDOTE

From Consulting to ETA

  • Abhi Ravi Shankar, a former BCG partner, transitioned from consulting to the startup world before pursuing entrepreneurship through acquisition.
  • He aimed to buy small businesses for more personal time and long-term wealth building.
INSIGHT

Status Shift

  • Abhi prioritized personal fulfillment over societal status when leaving his prestigious roles at BCG and a Silicon Valley startup.
  • This mindset shift allowed him to embrace the entrepreneurial journey.
ADVICE

Tangible Work

  • Seek tangible work with real-world outcomes for greater fulfillment.
  • Connect with people in your target industry, build a model, and assess if it amplifies your strengths.
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