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Acquiring Minds
Surviving a 2-Month Revenue Freeze in Year 1
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Returning to the plot now, your decision to go do entrepreneurship through acquisition to buy a business. Tell us more about that decision and tell us to how your relationship to risk evolved. being exposed to American people and their families.
So the journey to his ETA, you know, I'll always say started at Duke where I was fortunate to get my MBA and take a class by David Robinson. And, you know, and it was entrepreneurship through acquisition. But prior to that, I would say just, you know, being an immigrant risk was always something that was kind of
presented in a very scary way. You didn't take risk. But I will say being exposed to my classmates in business school and really understanding risk in a more optimal way.
So it helped me reframe and really challenge the way that risk was presented to me growing up. and studying finance and realizing there are ways to optimize risk, right? And risk is necessary to achieve outcomes and especially big outcomes, right?
We often say got to bet big to win even bigger, but that loses kind of that sense of optimal kind of structure in risk. So business school helped me kind of challenge my understanding of risk and that was the beginning.
And then also we should say, just speak directly to New Majority Capital, your investor. Some folks will be familiar with what New Majority Capital is. Tell us what it is. And particularly for the people in the audience who are listening for whom the program exists.
So new majority capital is an impact driven investor and particularly around supporting business acquisition for various groups of people, whether it's minorities or whether it's first time buyers in all walks of life. So that's their mission. And I think it's a worthwhile mission in that they provide a community of support.
And that community of support where it was very helpful for myself, while someone can say, oh, you're a banker, you might know all of these things. New Majority Capital was pivotal in me flattening the learning curve of SBA. And that's what they're there for.
They help flatten that learning curve by way of classes that they present. So it's about a 10-week program. immersed in a kind of intense program that you go through to understand just the fundamentals around SBA.
And you're also in a community of like-minded people with various backgrounds. So you get a lot of opportunity to learn from different walks of life and different perspectives. And even more importantly, you get downstream connections that would take you.
a while if you're not a sponsored searcher or if you don't have a lot of capital. And it's also a free program. So that's where my quality of earning support came from.
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