Buying a Small Business to Build for Decades
Episode 1 hr 14 min

Buying a Small Business to Build for Decades

From Acquiring Minds Will Smith

August Felker did a search fund, then later a self-funded search so he could own & build his business for years to come.

Topics in August’s interview:

  • Buying a business without an MBA
  • How cold calling led to his first deal
  • Buying an “elevator asset business”
  • Early lessons in leadership
  • What he loved about traditional search
  • The resiliency of the insurance industry
  • The normalcy of 3-year earnouts
  • Self-funding his second deal
  • His vision for building a brand
  • The niche of working with searchers

References and how to contact August:

Learn more about Walker Deibel's done-with-you buy-side advisory:

Connect with A-players who can run your business remotely:

Connect with Acquiring Minds:

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