And Jack's my financial partner too, so we're getting to go build wealth in our own pocketbook every single day. It's exciting even though it's not SMB ownership strictly defined. Yep. And on that point of ownership, Jack, that had been a central driver for you when you started out on this journey.
Acquiring Minds
Deciding to Exit After 2 Years of Ownership
Short excerpts only — hear the full conversation on the publisher's site.
How do you think about it today in and the ownership that you have, obviously you have equity in this enterprise, but it's not, you are not the owner. So how do you think about that? Yeah, like it's, I mean just to be in completely transparent here too.
Like it is a journey that I am still on. Like again, not to overshare conversations that Sam and I have here personally.
Right. But it's like there is, there is nothing that is limiting me today within PSG to go figure out how we run the Western market and to contribute of course at the PSG level. And if there's anything that if there's a day where I don't feel like I have ownership or that I'm waiting for something from someone else to give me, like that's a self limiting belief and I need to work through that.
So again, like I am still very much on my own kind of mental professional journey here, but I'm doing it with people that say just like Sam said to me earlier this week, just go do it man. Like there's literally nothing holding you back. How many places are you going to find that?
Absent of if you're owning your own business but you're constrained by whatever your debt or your, that self limiting belief or your fear of the pg. Right. But it's like, like my, my, my kind of growth, it just, it's continuing. So I'll leave it there.
Well, let's put, let's put a bow on that. We had a real conversation around that. In our business today we need entrepreneurs that can act as if their P L is has a, is a five million dollar revenue business.
Even though we're many, many times bigger than that. You know, we need people to act like they are where the buck stops. They are the sole owner because execution is the most important thing.
And if we get caught, you know, building a capital C corporation where things are slow and there's a lot of red tape, we just won't grow the way a small business will. So we have to strike a balance there. So we talked about that.
And Sam, I think this is an important point with respect to the fact that you partnered with private equity.
Private equity. Can you name. Can you name the fund? Yeah, of course. Bertram Capital.
Bertram Capital out of San Francisco. So you partnered with them, which of course is. Means you sold a chunk of the business.
Want what comes before or after? Hear the full episode on the publisher's site ↗