Right. So the. The great folks that can take it from 0 to 25 or 30, it's a different group. God bless them. And the group that can take it from 80 and beyond, it's a different group. So I have found that my joy comes in that zone, and I can bring value to people and help them learn and see and gain mentalities that they may not have gotten before, and I can bring them value.
Acquiring Minds
Buying a $40m Business as a 49-Year-Old First-Timer
Excerpts · 416 segments · ~1:31:24 long
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So you have to. I think you need to know where you fit.
So you got in there and it was at 40 million in revenue. And over the next four years, you and your partner grew it to mid-80s of revenue. And then you sold your equity to him and the whole team.
And it was about. And the employee count, what was it? Where did it start?
Yeah, closer to 200. So then you start learning, you know, will as you go things you learn what you're a certain size of a 401k, you have to do a 401k audit. I did not know that one.
Right. So there's things that you, you do as you grow that the business gets bigger and next thing sometimes it gets more complicated. Like I just say that like there's a certain threshold of, of employees where your 401k has to be audited. And we're like, okay, well we'll stop our day and learn about that one.
Right. Didn't know that was coming. So you just, you know, you go on the journey. You know, one of the things I like to say, and I think it's kind of a reminder to myself more than anything else is you have to enjoy the journey.
And I also have seen because I have had my time at Smoky Point and my time at Daskey Corporate and my time searching and my time at Pella Windows and Doors is you have to have a real respect for the fact that you're on a journey and other people are on a journey. And man, when you can get those magical cross times where you guys can go do something amazing together, that's awesome. But that those…
Right? But if you can, you can get an alignment for some amount of time where it's, it can get really magical, but you can't give up on your, your core values or their core values or treating each other with respect. So it's not every day is not pretty, right? But you have to have a core respect for those around you and hope that you can get a core respect for yourself while you're doing what you…
Right.
You're like, oh, okay. And you have to be able to admit that you just kind of screwed that one up. Right. And own it and then move forward.
And that's going to be a lot of that. I mean it's in the Searcher world, every day is a world of I had no idea that's how that worked. But if you can thrive on that, it's great.
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