Planet MicroCap Podcast | MicroCap Investing Strategies

Buying and Operating Portfolio of Small Private Companies is Harder than it Looks with Colin King, Partner at Circle City Capital Group, Inc.

Nov 20, 2024

Colin King, Partner at Circle City Capital Group, Inc., specializes in acquiring small private companies and shares his real-world insights into this challenging venture. He debunks the myths surrounding small business acquisitions, emphasizing that it's far from the glamorous stories often depicted online. Colin discusses the complexities of time management when overseeing multiple businesses, the nuances of financial compensation in partnerships, and the tough choices involved in exiting investments. His journey highlights the importance of a strategic, hands-on approach to sustainable success.

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Intro

00:00 • 2min

The Realities of Buying Small Businesses

02:23 • 18min

Navigating Time Management in a Diverse Portfolio

20:46 • 2min

Navigating Financial Compensation in Business Partnerships

22:38 • 2min

Navigating the Difficult Decisions of Exiting Businesses in a Portfolio

24:28 • 2min

Navigating Small Business Acquisitions

26:41 • 9min

Navigating Private Investment Opportunities

35:20 • 5min

My guest on the show today is Colin King, Partner at Circle City Capital Group, Inc., and known as @valuedontlie on Twitter/X. I think we've all seen those memes and videos of folks who left their amazing job at Goldman Sacks to buy multiple small businesses, then of course, if you subscribe to their newsletter they'll show you how they did it. All jokes aside, it's a strategy that has worked time and again for many folks out there, however, buying and operating small private businesses is not as easy as social media would make you think, goes without saying. I invited on Colin to talk about his journey to launching and running this strategy at Circle City Capital Group. Colin mentioned a number of names during the interview today and for full disclosure, I am not a shareholder in any of them.

For more information about Circle City Capital Group, Inc., please visit: https://www.circlecitycapitalgroup.com/

You can Follow Colin King on Twitter/X @valuedontlie: https://x.com/valuedontlie

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