In this episode, Tiago recounts a conventional corporate journey turned unconventional. He and his partner acquired two businesses about a year apart, marking the first acquisitions in Portugal's budding search fund market. Now helming TECLENA and JUNCOR as co-CEO, Tiago shares the thinking that spurred him into the search fund space, and how his robust partnership has enabled him to create value and lead both companies through the supply chain crisis brought about by the pandemic.
Chapters
Early beginnings: business and finance (5:21)
Discovering the search fund model (9:50)
Consulting, partnerships and new markets (16:46)
The anatomy of the search (26:04)
The two acquisitions: adding value as co-CEO (38:48)
Past, present and future goals (48:37)
In hindsight: advice for aspiring searchers (51:44)
Some advice from Tiago:
"You don’t need to have a lot of prior experience, if you really wanna be an entrepreneur. If you really want to do it, you can do it. There are a lot of experienced people in the search fund environment who are willing to help, willing to coach you. So it’s just a question of whether you really want to do it, whether you really want to be an entrepreneur or not."
"I wouldn't worry too much about the challenges or the things that you probably wouldn’t be able to do because you're going to have a big, interesting environment around you that will support you during your search. You'll be entering an ecosystem. There are always investors, ex-searchers who have been through it, like me, and can help you achieve your goals."
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