No SBA Loan and $75k Out of Pocket
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概要
After Megan McGee pivoted her search fund to a self-funded approach, she bought a business where she wanted to settle.
Register for the webinars:
- From Owner to Owner: Business Transition Lessons - Thu March 12 - https://bit.ly/4ctCJCw
Topics in Megan’s interview:
- Family background in pest control
- Internship with previous guest Edward McDonnell
- Starting out in traditional search
- Investors declined to support a deal she loved
- Pivoting to self-funded search
- Deciding not to buy her dad’s business
- Buying Virginia Guesthouses without an SBA loan
- Buying from a young seller
- Managing 75 properties
- Her profitable first year
References and how to contact Megan:
- Tato Corcoran’s recap episode: How to 4x a Small Manufacturer
- Edward McDonnell on Acquiring Minds: Taking a Single-City Acquisition Nationwide
- Matt Orley on Acquiring Minds: Buying for Brand (Then Growing 4x)
- Guesthouses
Get a free review of your books & financial ops from System Six (a $500 value):
- Book a call with Tim or hello@systemsix.com and mention Acquiring Minds
Download the New CEO’s Guide to Human Resources from Aspen HR:
- From this page or contact jenny@aspenhr.com
Get complimentary due diligence on your acquisition's insurance & benefits program:
- Oberle Risk Strategies - Search Fund Team
Connect with Acquiring Minds:
- See past + future interviews on the YouTube channel
- Connect with host Will Smith on LinkedIn
- Follow Will on Twitter
Edited by Anton Rohozov
Produced by Pam Cameron
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