ETA·BRAINa Katyella project

Acquiring Minds

The Late 40s Pivot Into Business Buying

Excerpts · 380 segments · ~1:35:56 long

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Like I was willing to quit my job and move to Italy. But so, so for me, independence trumped kind of everything else.

But also what you're saying is that you didn't want to work with investors.

Because of that, so I don't want, I didn't want investors because I wanted to be independent. So obviously investors bring a lot of benefits. One of the negatives for me or the primary negative for me was then I'm beholden to investors and I, I'm, I'm ready to be done with that.

I do. I have a lot of kids. I got five kids. My youngest is 13 and he graduates in 2030. So my goal when I, when I quit my, like, north star was by 2030, I need to be able to live wherever I want.

And that was one of, like, one of the, that was independence was what I wanted in general, but that was a way to, to kind of focus it on, you know, the independence will show up as my ability to choose to live wherever we decided to live.

So by 2030, when he's out of the house, your last kid has left the nest. You can. The litmus test of have you accomplished your goal is can wife and I then move wherever we want? Including that old conversation about Italy.

That's right. I don't, I don't know if I'm going to convince her of that, but maybe at least we, at least if we decided to, we could. That's the most important thing to me.

Okay. Okay. Jarom, this is great. Thank you for so much transparency in context. Tell us about the business that you found.

Okay. So on. In late July of 2024, I sat down with my team and told them my plan, my team at the corporation. And that evening I met the founders of Van Life Outfitters for the first time. And so it is an online retail store.

We sell van parts and accessories for people who are converting a cargo van into a camper van or a mini rv. So we sell refrigerators and insulation and tables and things like that. So I fell in love with a few things.

First, it's the, the size of the business. When I first heard of it, it was over a million dollars. Sde. We'll talk about how that came down quite a bit soon.

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