Let’s Buy a Business
Top 3 Takeaways from an MBA ETA Event with James Lincoln
Jul 17, 2024
James Lincoln, a BYU MBA student and organizer of the BYU ETA event, shares his insights on entrepreneurship through acquisition. He discusses the vibrant gathering of over 200 attendees, blending students and seasoned professionals. James highlights innovative funding strategies for aspiring buyers and the growth of self-funded searches in business acquisitions. He also reflects on the unique challenges and triumphs from his entrepreneurial journey, including his development of a digital marketing agency, providing listeners with inspiration and practical advice.
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Quick takeaways
- The BYU ETA event highlighted a shift towards funding acquisition searches for MBA students, emphasizing a practical approach to entrepreneurship.
- Diverse entrepreneurial models represented at the event illustrate the myriad strategies employed in business acquisitions, inspiring aspiring entrepreneurs.
Deep dives
The Success of the BYU ETA Event
The Entrepreneurship Through Acquisition (ETA) event organized by Brigham Young University marked a significant milestone in the community, attracting over 250 attendees, including a mix of professionals and students. The event showcased the growing interest in business acquisitions, with about half of the participants actively seeking to purchase businesses. Unique to this gathering was the high number of self-funded searchers, setting it apart from other MBA-related conferences that typically attract students aiming to join search funds. The networking opportunities were plentiful, leading to discussions that have resulted in real deals in previous years, underlining the potential for collaboration among entrepreneurs.
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