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Acquiring Minds
The $50m Lifestyle Holdco
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.
01:45:20
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Quick takeaways
- The transition from employee to owner-CEO presents emotional challenges, emphasizing the need for support in decision-making.
- Abhi's collaborative holdco model allows partners to share responsibilities and leverage collective resources for sustained business growth.
Deep dives
Transition from Employee to Owner-CEO
The transition from being an employee to an owner-CEO is often both exciting and daunting. Business buyers frequently experience feelings of isolation as they leave the supportive structure of team-based decision-making behind. This loneliness can become a significant emotional challenge, as many new owners find themselves solely responsible for the outcomes of their decisions. Acknowledging this emotional aspect is crucial to understanding the psychological landscape that accompanies the shift to ownership.
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