How not to Fund your self-funded journey

Member resources:

Frequent asked questions:

What is Searchfunder.com?

Searchfunder.com is an online community of searchers, investors, lenders, brokers and other professionals. Over 80% of those involved in searchfunds maintain a Searchfunder account to help them network, hire, and mentor others.

What are the benefits of membership?

In addition to accessing the most active online network of business buyers, Searchfunder licenses research that is simply not cost effective for individuals. Access over 15,000 industry reports and 50,000 transaction financials. You also get monthly credits for contact information for your company sourcing campaign with the option to purchase more at drastically discounted rates. Searchfunder has pre-purchased access from these data providers in order to empower individual buyers and to help searchers level the playing field versus private equity.

Do you have deals?

While we are primarily a buy-side network, we do have hundreds of brokers that regularly post deals to the community.

Can I find an internship on Searchfunder?

Absolutely! We have the industry's largest intern job board. If you are considering a search, the first step is to help another business buyer so you can hit the ground running.

What does it cost?

Searchfunder is a subscription service. We offer flexible monthly, annual and lifetime memberships.

Monthly

$79 / month

Annual

$19 / month

Lifetime

$432 / once

Those who maintain an account with us for over 4 continuous years are permanently added to the community without the need for a membership.

Do I need an MBA to join?

While a large number of our members come from dedicated programs at Harvard Business School, Stanford GSB, Chicago Booth, and other top programs, searching is no longer reserved for the elite. With the current abundance of dry powder in private equity, and an increasing number of business owners reaching retirement age, good deals rarely go unfunded.

Post a question, deal, job, etc...

Make a post...

Complete registration to post.

by a searcher
in Delaware, EE. UU.

2yrs ago

How not to Fund your self-funded journey

I dont recommend start consuming your savings and go full-time on your search journey. Sooner or later you will start being biased to action and, imo, we want to be cold minded.

What i did was bought redacted

redacted
Without my real estate "passive income" my self-funded search wouln´t happened. I bough this 3 bedroom apartment and rented the rooms. Just with it cashflows i can cover my basic life expenses.

redacted</span>" width="640" height="360" class="note-video-clip">

Curious to know how you guys are funding your Self Funded Journey and, btw, if you are an Investor, a Searcher or an operator, join our PRIVATE free community "SelfFunded Room" and discover how other are making deals worldwide:

redacted

0 Likes

367 Views

reply by a searcher 2yrs ago
from Stanford University in Salt Lake City, UT, USA

This is good advice, if the numbers work out. Unfortunately, I chose the "burn baby burn" route. I did have some consulting revenue coming in for the first few months of my search, but haven't spent the time and effort to keep that coming in. Searching is essentially a full time effort for me, and yes, I feel the stress and pressure of trying to get a deal done soon.

reply by a searcher 2yrs ago
from Glasgow Caledonian University in Glasgow, UK

This is an interesting approach ^redacted‌. I have recently concluded an option (subject to planning consent), to purchase a former bank building in a Picturesque costal location in Scotland which attracts all year tourism due to its world Class Whisky heritage, stunning scenery, and Golf courses. I am joint venturing with a developer to convert the 3-Story "Scottish Baronial Style", blonde sandstone building to a fully automated apart-hotel comprised of 11 premium suites.

My plan was to self fund the development and use the cashflow to fund my search but I am seeing further opportunity to use this strategy as the foundation of my fund due to the high returns. My focus is to get the planning secured ( this is imminent) and then share further details but I am happy to start discussion with anyone who would be interested in discussing this strategy.