Why? Given my GI bill, I'm in the public school, the number one rated public school. Shout out to Darden. So that's why I chose Darden then.
Acquiring Minds
A $6.5m Business Worth Flying To
Excerpts · 370 segments · ~1:05:45 long
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When I was at Darden, I was considering multiple paths. I was very open to what to do after Darden. I was looking at traditional consulting, I was looking at finance or doing the CXO role from one of these private equity.
Looking at all of these private equity CXO, they required more of a traditional MBA than executive MBA. Somebody seasoned like me, about 15 years of experience. So when I was in quarter six of my MBA, I came through entrepreneurship through acquisition, that class.
And then that piqued my interest. Maybe there is an opportunity that I can pull this off myself. As a self funded searcher, that is the first time I came across that term.
Okay, and so as an executive mba, how old were you?
When I went into the program I was about 40.
About 40. Okay. Okay. And so you discover ETA at the starting program. Had you been entrepreneurial or thought you might be an entrepreneur before? Or was that really your first exposure to some sort of entrepreneurial path?
So once I hit what do you call the midlife crisis, I wanted to do something different. Once I hit 40, doing business school. While I was in business school, I knew I was going to take a pivot, like how I Took a pivot into the army after being five years in the US I wanted to do something else than what I've done before.
So you do decide in fact to do a self funded search. What do the parameters of that search look like?
So during the COVID time I had a little bit of the YOLO kind of money. I had some funds set aside for my during the stock market. So I thought I could use that as down payment to buy this.
Well, I was looking the way I was looking. As I was going by process of elimination I firmly decided on what I did not want to do. I did not want to do business, B2C business to consumer directly.
I want to be in the B2B space, especially non it because I can bring my IT experience to that new business. And then also I was looking at manufacturing hindsight being 20 20, I figured the next decade might be a little bit of onshoring because of the pendulum swings the other way philosophy. So that kind of worked out with this new administration.
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