ETA·BRAINa Katyella project

Acquiring Minds

The Flywheel of Buying Businesses in a Single Region

Excerpts · 289 segments · ~1:21:50 long

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I mean, I think that's critical. They don't, they're not, they don't work for us.

They, they are. It's their search. And so yes, they have partnered with Sleeping Giant, but there's again, nothing stopping them from doing a. So it's not, they're not our, they're not our ser. Searchers. They're, you know, aspiring owner operators that, that we've partnered with.

They're, they have all been from West Michigan here. And one of the, the other reasons why Place Based matters is, I mean, for us to take a, you know, there's often a question like, should I take a site visit? You've had a couple, you know, you had a conversation, you signed an NDA, you get some financials.

It's like, okay, how much is. Is here and should I take a, a site visit? Well, that means getting on a plane.

That means logistics. I mean for us it's like, it's, man, we site visit all the time. It's. Yeah, because it's, it's a short drive for us.

And so the notion of somebody being based in another place would basically require them to move here. Now. We're obviously open to that. And West Michigan's a, you know, the Grand Rapids is consistently in.

West Michigan's consistently rated as a, a top place to live. It's a little, it's a little haven here on, on, on the lake, on Lake Michigan. So if folks wanted to move here.

Yeah. But if they're going to search remotely, I'd say the odds are pretty low that they would be able to do that.

But you are receptive to people who say I'll move there. Oh, yeah, for sure. Yes. Oh, okay. Okay. Because what I was getting to see that. Yeah, I would love to see that.

Okay. Okay. Well, that, that obviously opens up your potential network of, of searchers you partner with dramatically. Everybody listening now is, is fair game. Yes. Go back, Doug, to just the, the, the, that flow you described of somebody coming in to work with Sleeping Giant.

They do this course with Derek. It's one on one what does that mean? It's a, it's a couple hours a week and it's literally a zoom call with Derek.

What does that look like? Yeah, so it's a, it's a eight week session or a course. It's a, basically they do an hour long either zoom or in person call and there's about a month of preparation and reading that needs to be done before the, the course begins and then it is tailored to the person.

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