Exploring Entrepreneurship Through Acquisition? Check out this new read, and follow the story of one searcher's journey from MBA -> CEO
Entrepreneurship Through Acquisition: Markus Scott's Journey from MBA to CEO of EyeQ Monitoring, via BNN Breaking
https://t.co/Go49oLCwFU
"the CEO of EyeQ Monitoring, a company at the forefront of the remote video surveillance industry. With an MBA from @KelloggSchool, Scott raised a search fund, ultimately acquiring EyeQ & transforming it through the application of emerging AI technologies in video surveillance."
"Let’s take a look at the pros and cons of whether to buy a business or to start a business from scratch to help you make a decision that suits your needs..."
Read the full article here via Forbes
#entrepreneur#ETA#searchfund#searcher#acquisition#MA
https://t.co/G0d5qXUuXD
"For anyone wanting a business, this question might be weighing on your mind: Do I buy a business, or start one from scratch? Each path has its own set of challenges, potential gains, and risks. The decision is one that most entrepreneurs will face at some point in their careers.
"...Unfortunately, we struggled through the aftermath of the pandemic and eventually had to shut down operations in 2023. Despite my business failure, I learned ten key lessons applicable to entrepreneurs, franchise owners and small business owners."
https://t.co/XHBY9ejQlk
Great weekend read for those weighing the option to acquire a business: 10 Lessons I Learned From Failing My First Acquisition, via @Entrepreneur
"Even though my first acquisition went to the grave, these ten lessons prepared me for my next venture."
https://t.co/XHBY9ejQlk
"was attracted to this option because you already have revenue, customers, employees and a system to grow the business post-acquisition.
In 2019, I purchased a business that managed and operated cemeteries. Pretty unique, right?"
https://t.co/XHBY9ejQlk
"The idea of acquiring a business instead of building one from the ground up is nothing new by itself. What makes ETA different, however, is the strategy surrounding the acquisition."
#ETA#entrepreneurship#searchfund#searcher
https://t.co/KmpuHucDcl
New on SearchFund. org:
3 Reasons Why Entrepreneurs Should Consider Entrepreneurship Through Acquisition
"Interest in entrepreneurship is at an all-time high. Data shows Gen X-ers’ share of 46% of all small businesses is set to grow over the next decade."
https://t.co/KmpuHucDcl
"With traditional approaches to entrepreneurship now falling short, a change of paradigm is essential. This is where the relatively recent concept of ETA comes into play, especially among mid-career professionals as they stand to benefit the most from current demographic trends."
Great read from Inc. Magazine: 3 Paths Entrepreneurs Can Follow to Reach Profitability Faster
"profitability is unique, there are some strategies worth considering when starting a business. Here are three of them..."
Read the full:
https://t.co/d6mgp1gwAo
#entrepreneur#ETA
Great read from Inc. Magazine: 3 Paths Entrepreneurs Can Follow to Reach Profitability Faster
"There is no one-size-fits-all strategy when it comes to implementing bootstrapping."
https://t.co/d6mgp1gwAo
#entrepreneur#ETA#searchfund#searcher#acquisition#MA
"Without profit, no vision can be realized in the long term.
Fortunately, reaching profitability doesn't necessarily have to be a process that takes a decade and billions of dollars to complete (looking at you, Uber). Though every company's path to.."
https://t.co/d6mgp1gwAo
Yet many more heads of family firms face the opposite predicament: they have no heir at all."
Read the full article and discover why #entrepreneurshipthroughacquisition is a path for many family businesses considering succession planning options
https://t.co/CFApTN5Dfi
📖 New read, courtesy of The Economist
Many family firms lack heirs. Unrelated help is at hand: How to succeed when you have no successor
https://t.co/CFApTN5Dfi
#entrepreneur#ETA#searchfund#searcher#acquisition#MA
"When 29-year-old Frédéric Arnault, the second-youngest of five scions of the LVMH luxury empire, took over its watch unit at the start of the year, speculation swirled about the succession plan being put in place by his billionaire father, Bernard Arnault..."