Rob Parker

Yeah, sure. I mean, it's, so if you think about a private equity firm, They take in money from investors, and those investors are institutions. They're endowments, insurance companies, ultra high net worth families, all these sorts of large institutional pools of capital, and they invest that money on their behalf.

Yeah, sure. I mean, it's, so if you think about a private equity firm, They take in money from investors, and those investors are institutions. They're endowments, insurance companies, ultra high net worth families, all these sorts of large institutional pools of capital, and they invest that money on their behalf.

So they have a fiduciary duty to those investors that they're going to really do a very thorough due diligence process. And part of that process is in a business, and A1 is maybe a little unique. Literally your picture is on every single vehicle out there on the road.

So they have a fiduciary duty to those investors that they're going to really do a very thorough due diligence process. And part of that process is in a business, and A1 is maybe a little unique. Literally your picture is on every single vehicle out there on the road.

You know, it's important to understand to do a background check on you and to call people that maybe you've worked with in the past to get an unfiltered view. If you called somebody that works with you today, they would be more inclined to say favorable things because you're their boss.

You know, it's important to understand to do a background check on you and to call people that maybe you've worked with in the past to get an unfiltered view. If you called somebody that works with you today, they would be more inclined to say favorable things because you're their boss.

If you call somebody that doesn't work for you anymore, but used to, that might be a good way to get an unvarnished view of what you're like in the workplace. Are you a motivator? Do you inspire people? Or are you negative and are you, you dress people down in a public way and do you detract from the business and by the way you operate? It's important for them to understand as much as they can.

If you call somebody that doesn't work for you anymore, but used to, that might be a good way to get an unvarnished view of what you're like in the workplace. Are you a motivator? Do you inspire people? Or are you negative and are you, you dress people down in a public way and do you detract from the business and by the way you operate? It's important for them to understand as much as they can.

You know, I'll tell you that the single most important factor I've observed in doing this for nearly 25 years in a successful investment is the leader, the leader and that leader's team. You can have a great idea, great concept, great industry, bad industry.

You know, I'll tell you that the single most important factor I've observed in doing this for nearly 25 years in a successful investment is the leader, the leader and that leader's team. You can have a great idea, great concept, great industry, bad industry.

What matters the most is who is the evangelist at the top that's leading the organization and who is the team that that person has surrounded themselves with. And it makes diligence on that individual just really important. And it's not just background check, things that you can find on Google, or you can hire a firm like Kroll and others to do kind of a background review.

What matters the most is who is the evangelist at the top that's leading the organization and who is the team that that person has surrounded themselves with. And it makes diligence on that individual just really important. And it's not just background check, things that you can find on Google, or you can hire a firm like Kroll and others to do kind of a background review.

It's also calling people who used to work with you and saying, what is he like in the workplace?

It's also calling people who used to work with you and saying, what is he like in the workplace?

I feel like it's happening more and more. Maybe not at 4 million in EBITDA. Maybe not that thorough. They'll definitely do a background check. I mean, that's not that hard to do. I mean, heck, you can find out a lot just by going to Google. They'll definitely do that. They may not do the call around of people they find in your LinkedIn or people who used to work with you.

I feel like it's happening more and more. Maybe not at 4 million in EBITDA. Maybe not that thorough. They'll definitely do a background check. I mean, that's not that hard to do. I mean, heck, you can find out a lot just by going to Google. They'll definitely do that. They may not do the call around of people they find in your LinkedIn or people who used to work with you.

They may not go quite that far, but diligence is getting, it's more every year. I feel like it's a little bit more thorough.

They may not go quite that far, but diligence is getting, it's more every year. I feel like it's a little bit more thorough.

And part of that, part of why it takes six months is we spend a lot of time bringing a knife to a gunfight comment. We spend a lot of time up front preparing. And that's really important because when you launch the process and we're having live conversations with real potential buyers, that momentum at that point makes a big difference. You do not want to slow down.

And part of that, part of why it takes six months is we spend a lot of time bringing a knife to a gunfight comment. We spend a lot of time up front preparing. And that's really important because when you launch the process and we're having live conversations with real potential buyers, that momentum at that point makes a big difference. You do not want to slow down.