Self Funded SMB

Leaving behind a career in M&A in the hunt for a great business in the great state of Colorado

[Self Funded SMB @SelfFundedSMB]

@AlfieJCarter Stack

[Self Funded SMB @SelfFundedSMB]

@mrfboyer Tough one 👀

[Self Funded SMB @SelfFundedSMB]

@ConnorAbene CAC

[Self Funded SMB @SelfFundedSMB]

@vrexec Europe

[Self Funded SMB @SelfFundedSMB]

@AndyAcquires Great to see realistic takes on where the market is actually at. It is frustrating to see potential searchers being sold a glossy narrative that if they rip the investment criteria page out of the HBR guide and do a little networking a high-quality business will appear at 3x.

[Self Funded SMB @SelfFundedSMB]

@SteveWiesnerSMB Don't let the old man in!

[Self Funded SMB @SelfFundedSMB]

@EyeforRetail_ Gold 😂

[Self Funded SMB @SelfFundedSMB]

@patrickdichter Immediate credit for the add-back ✅

Sko Buffs

[Self Funded SMB @SelfFundedSMB]

@mrfboyer Haha respect for that

[Self Funded SMB @SelfFundedSMB]

@EyeforRetail_ @girdley This is gold 😂

[ihatepivots @ihatepivots]

simple 15 cell cash-on-cash calc that gets you to within 100bps of the IRR of the full model anyways

[Self Funded SMB @SelfFundedSMB]

@EyeforRetail_ Racking my brain, but the only independent brands I can think of are those launched on the backs of a celebrity’s existing audience (e.g., prime, aviation, etc)

$PSCO’s Bubly is an ex. of a corporate brand that won solid market share nationally at launch.

[Self Funded SMB @SelfFundedSMB]

@picknatrick Good idea 💡

[Self Funded SMB @SelfFundedSMB]

@ClintFiore Thanks Clint! I agree. 📞 has been active on all of them ahead of putting pen to paper

Like all good businesses with a good broker / process - it has been competitive. Good feeling on this one though 🤞🏼

[Self Funded SMB @SelfFundedSMB]

@dennis_unrein Couldn’t agree more - thanks, Dennis.

[Self Funded SMB @SelfFundedSMB]

@CBarrett_CPA Thanks 🤞! Professional services (not an accounting firm).

[Self Funded SMB @SelfFundedSMB]

@SMB_Attorney @KHendersonCo Thanks 🙏

[Self Funded SMB @SelfFundedSMB]

@seanplanchard @jordanwinery Enjoy Sean - that’s awesome

[Self Funded SMB @SelfFundedSMB]

@Berci Would you use this en lieu of an in-person interpreter -or- only in the absence of being able to find/schedule an in-person interpreter?