This is a special episode of Think Like an Owner. In this episode, Tim Ludwig turns the microphone around to interview me on where my interest in small companies came from, starting and building Think Like an Owner, memorable moments from running the podcast, my answers to my own closing questions, and much more.
We also discuss a new media company I’m incredibly excited to announce called The Operator’s Handbook. The Handbook is a print publication interviewing small company operators to find new ideas on how to operate, improve, and grow small companies more effectively. Tim has been very impactful in starting The Operator’s Handbook and is a close advisor of mine as I build this new media company. If you want to learn more about the Handbook, visit theoperatorshandbook.com and sign up to receive updates as we prepare the first issue for release.
Tim believed in me when I had very little to show for my ambition and has continued to be an impactful mentor in my life and career. He was the perfect person to host this special episode and I am incredibly grateful for all the time and wisdom he’s shared with me. Please enjoy this turn-the-tables episode with Tim Ludwig and myself.
Think Like an Owner Sponsors
Live Oak Bank – Live Oak Bank is a seasoned SMB lender providing SBA and conventional financing for search funds, independent sponsors, private equity firms, and individuals looking to acquire lower middle market companies. Live Oak has closed billions of dollars in SBA financing and is actively looking to help more small company investors across the country. If you are in the process of acquiring a company or thinking about starting a search, contact Lisa Forrest or Heather Endresen directly to start a conversation or go to www.liveoakbank.com/think.
Hood & Strong, LLP – Hood & Strong is a CPA firm with a long history of working with search funds and private equity firms on diligence, assurance, tax services, and more. Hood & Strong is highly skilled in working with search funds, providing quality of earnings and due diligence services during the search, along with assurance and tax services post-acquisition. They offer a unique way to approach acquisition diligence and manage costs effectively. To learn more about how Hood & Strong can help your search, acquisition, and beyond, please email one of their partners Jerry Zhou at [email protected].
Oberle Risk Strategies– Oberle is the leading specialty insurance brokerage catering to search funds and the broader ETA community, providing complimentary due diligence assessments of the target company’s commercial insurance and Employee benefits programs. Over the past decade, August Felker and his team have engaged with hundreds of searchers to provide due diligence and ultimately place the most competitive insurance program at closing. Given August’s experience as a searcher himself, he and his team understand all that goes into buying a business and pride themselves on making the insurance portion of closing seamless and hassle-free.