Leaving Wall Street to Buy a $1m Manufacturing Business

I lived in London and worked New York City for many years and. But when I came back to New York and I was doing that, I was really burning the candle at both ends. I was getting up with Europe in the morning and I was putting myself to bed with Asia Pacific at night and there was a little hours in between.

So it gets, and it's very. You have to, you live and die by each day. You're constantly evaluated based upon your performance.

You don't want to go back and do the same thing and re. Establish yourself at a new firm. And so how does the idea of buying a small business come on your radar? And why do you pursue that path?

Well, when you don't have really an idea, what's next? But I had a good amount of capital to actually contemplate. The idea kind of naturally introduces itself.

It's well, what can I do? Well, I want. I can do my own thing where I run my own business. And how would I do that?

Well, you can buy a business or you could start a business. Yeah, those are the, the two, the two options and, or you could just go in and you know, a third option is you go in and you could be just do something that just pleases you on a daily basis. Be a Walmart greeter or something to that effect.

But I, I always had the Drive. I first of all, I love the game of M. And a second of all, I always had a little entrepreneurial edge to me growing up and throughout the years, partly because I always, you know, as a kid had the paper routes, had the, you know, shoveled snow, mowed lawns, do all that stuff.

But yeah, work for my dad's business. At the same time, I was always contemplating my head, well, what's he was, it was a, it was a home service business and I was always thinking with my brothers, I was like, well, how do we make this better? You know, we. There was no real intention to ever take it over, but it was always there.

Even happened when I was in the world of hedge funds. I was, you know, while I was talking to CEOs of companies or when I was working on companies or even working within the fund, I would be contemplating like what's way to better make this more efficient, optimize this. And if you have that, it's really tough to turn it off and sometimes it can be distracting from what you're actually doing.

So that kind of led me down that path as well. So as you start to explore that, the last thing it probably was that was a factor is I looked at the asset class and when I speak of the asset class, I'm talking about small businesses to acquire.

You know, it didn't back then, it didn't have, I didn't have the terminology of the ETA would use these days, but it was, I looked at companies at certain sizes, I knew what capital I had and I kind of saw what some of the results were.