Growing Profits 30% in the First 1.5 Years

Yeah, but you did have a decent sized family. How big is your family?

I have three daughters aged nine, seven and five, and I often have them listening to this podcast in the car, so. Hello, Ruby, Ellen, Sophia. It's awesome.

Ella.

Ella, that your dad has taken quite a big risk here to do this. When you say the now or never moment, for a lot of people, that's when they're totally unattached and they, and they don't have obligations. Yeah, of course your obligations were probably going to be.

Only become more acute as the years marched on, but, you know, but props to you for, for still kind of being willing to step out and do it. It sounds like you guys were pretty financially secure. You had a balance sheet from your years in tech, your wife had a great job.

So you weren't, you know, you, you had resources but you were also. There were real mouths to feed here. Hello again.

Definitely real mouths to feed and always things that target to buy. But, but certainly that was a consideration and I took that and that factored into my approach to how I went about my search. And so you probably may not have time to get into depth of it, but did a self funded search and I did it while working full time.

Talk to us a little bit about that because that does flout the conventional wisdom that to be a successful self funded searcher you need to be giving it your full time attention.

Yeah, yeah. And again this goes back to having like some really good friends and that are now mentors. So Michael's business partner Keith is a different and he just really challenged me along the way. It's like do you really have to like leave your job to do it or like let see how far you can get with your search before you do that because you would be giving up quite a lot to do that.

And so just know that you're in a very, very fortunate position but you can probably accomplish a lot, particularly given that you're doing a regional search, you're intent on staying in the Los Angeles area. So there's real opportunity and my job was flexible enough where I can at night or early mornings go and have meetings with business owners and make a lot of progress on that. So that's what…

I wonder what Keith saw in part time search that so many other people say no, no, it can't be done. Of course countless acquiring minds guests do do it part time. So it, maybe it's, maybe it's not the conventional wisdom that I'm saying it is but you do have people who are quite vocal that it needs to be for your full time attention.