G
GuestUser4aMPs1
Guest
A little bit of background: I've just sold my first business after running it for 2 years.
Not "FU" money yet, but it's some good padding to think about the next opportunity.
One thing I'll say is I've learned a LOT through this process, and after selling immediately began looking into businesses to buy. I'm naturally a spreadsheet maniac and began examining a few businesses on flippa and scoring them strictly on the numbers...
Although I'm not going to jump on these myself, what I love about this process is the mental exercise of compiling information, examining a market, crunching numbers, weighing risks, and potentially pitching a biz to a buyer. Strategy was always my strong point in all biz endeavors...basically anything other than running the business itself I was pretty good at, and this seems like a potential vehicle.
My question is...is there such a thing as a "bird dog" for businesses? Are there guys who only look for businesses all day? If so, do they only exist within brokerages or investment firms? Can you do this solo?
I can see the need exists for investors who don't want to spend hours finding good deals, and I take a cut of the business purchase.
So far, it seems like the only real place to pursue a path like this is by working at an investment firm. Probably not a bad gig but I don't have control.
Any insight is appreciated.
Not "FU" money yet, but it's some good padding to think about the next opportunity.
One thing I'll say is I've learned a LOT through this process, and after selling immediately began looking into businesses to buy. I'm naturally a spreadsheet maniac and began examining a few businesses on flippa and scoring them strictly on the numbers...
Although I'm not going to jump on these myself, what I love about this process is the mental exercise of compiling information, examining a market, crunching numbers, weighing risks, and potentially pitching a biz to a buyer. Strategy was always my strong point in all biz endeavors...basically anything other than running the business itself I was pretty good at, and this seems like a potential vehicle.
My question is...is there such a thing as a "bird dog" for businesses? Are there guys who only look for businesses all day? If so, do they only exist within brokerages or investment firms? Can you do this solo?
I can see the need exists for investors who don't want to spend hours finding good deals, and I take a cut of the business purchase.
So far, it seems like the only real place to pursue a path like this is by working at an investment firm. Probably not a bad gig but I don't have control.
Any insight is appreciated.
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