Acquiring Minds Exited but Tired: 5 Years in a Hard Business
Aug 29, 2024
Matt Bauer, an entrepreneur with five years of experience in the scale business, and his military buddy Chris Hartman, discuss their grueling journey in a demanding industry. They candidly share the challenges of building a successful sales team, training technicians, and navigating operational chaos. Their strategic decision to sell the business after doubling its earnings led to an impressive 8-figure exit. Matt and Chris also dive into their new venture investing in a port-a-potty startup, mixing humor with valuable insights on the trials of entrepreneurship.
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Brad Pitt Movie
- Matt Bauer advised Brad Pitt on the movie War Machine.
- This was part of a unique opportunity during his time at a private equity advisory firm.
Risk-Reward Motivation
- Matt Bauer's motivation for entrepreneurship stemmed from a risk-reward analysis of his career.
- He viewed his W-2 income as a "government bond" due to its stability and sought higher returns through calculated risks.
Early Business Idea
- Chris Hartman and Matt Bauer discussed buying a business together during their military deployment.
- This early idea eventually led them to pursue a partnered self-funded search.