Acquiring Minds

Turning $500k into a $38m Holdco (No Investors)

26 snips
Jul 1, 2024
Entrepreneur Garrison Snell shares his journey from a small recording artist marketing agency to a $38m holdco. Topics include early ventures in real estate, acquiring in manufacturing, leadership challenges, community-minded business, and applying Porter's 5 Forces.
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ANECDOTE

Musician Turned Entrepreneur

  • Garrison Snell, a 30-year-old with a music background, built a $38M holding company.
  • His company owns five businesses, four in manufacturing and one in financial services.
INSIGHT

Existential Crisis at 24

  • A $500,000 exit at 24 prompted Garrison to seek purpose beyond financial security.
  • This led to a depressive period and the realization that he needed a mission.
ANECDOTE

Investing in Good

  • Snell Ventures aims to do good with its investments by acquiring and holding family businesses.
  • They support employees and communities, like funding a high school's FFA program.
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