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Acquiring Minds

Doing It His Way: First-Timer Buys 2 at Once

13 Nov 2023

Description

Mike Okhravi left a cushy tech career to buy a towing business & a flooring business — and within 30 days of each other. Topics in Mike’s interview:Why he passed on the Search Fund AcceleratorHis philosophy on taking more risk by moving fastSigns of a motivated sellerBuying a 4-person garage flooring businessSurprises after acquiring the businessWhy profit dips post-acquisitionDiscarding the “searcher rules”What he loves about the towing businessOperating 2 businesses at once (including one 3 hours away)Getting back up after business failuresReferences and how to contact Mike:[email protected] SanchezLearn more about Walker Deibel's done-with-you buy-side advisory:The Acquisition LabGet complimentary due diligence on your acquisition's insurance & benefits program:Oberle Risk Strategies - Search Fund TeamConnect with Acquiring Minds:See past + future interviews on the YouTube channelConnect with host Will Smith on LinkedInFollow Will on Twitter

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