Finding a Good Business After 2+ Years of Searching
Acquiring Minds · Will Smith
About this episode
Register here for the webinar, The Anatomy of an LOI:https://bit.ly/3SsxKrtRyan Doyle was 2 long years into searching when he walked away from a deal, but he was rewarded for the self discipline. Topics in Ryan’s interview:Lessons learned from a failed dealValue of a thorough quality of earnings investigationWhy “stupid good margins” are a bad signBuying a residential pool business in the Golden Isles of GeorgiaBeing ghosted by his bookkeeper after transitionHis intern who stepped in after the bookkeeper disappearedWhy Ryan’s business doesn’t do pool constructionWhat he likes about seasonalityHis plan to own the Georgia coastHis WhatsApp search support “pod”References and how to contact Ryan:TwitterTurner Point CapitalGet a complementary pre-acquisition HR & PEO review for your target business:Contact [email protected] or visit Aspen HRGet complimentary due diligence on your acquisition's insurance & benefits program:Oberle Risk Strategies - Search Fund Team
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