Aspiring Entrepreneur Exploring SMB Acquisitions in Home Services

November 22, 2024

by a searcher from University of Connecticut in New Haven, CT, USA

Hi everyone,

I’m excited to introduce myself to this community! I recently graduated from the University of Connecticut with a degree in Finance (concentration in Portfolio Management and Valuation). After graduation, I entered wealth management, where I passed my Series 7 and 66 licenses and currently work under a Financial Advisor.

While I’ve gained valuable licensing and client relationship experience, I’ve come to realize that this path doesn’t align with my long-term vision or entrepreneurial ambitions. The firm I joined hasn’t provided the mentorship or learning opportunities I had hoped for, leaving me feeling out of sync with my creative drive and ultimate goals.

Entrepreneurship has always been my passion. During college, I started and scaled a cleaning service business that generated $10,000 in SDE per month during the summers. It was an incredibly fulfilling experience that taught me how to build relationships, manage teams, and implement scalable systems. I now want to apply those skills to a larger endeavor.

I’ve recently begun my search for small businesses to acquire, focusing on the home service industry, where I already have hands-on experience. My strategy involves leveraging horizontal integration, creating repeatable frameworks, and automating operations to allow businesses to thrive independently of the owner.

As an ambitious newcomer to the SMB acquisition space, I’m eager to learn from experienced professionals and build relationships with like-minded individuals. If you’re open to a 20-minute chat, I’d love the opportunity to connect, share ideas, and explore ways we can stay in touch.

Looking forward to hearing from you!

Best regards,

Michael Castellano

www.linkedin.com/in/castellanomichael

Reply by a searcher
from University of Connecticut in West Newbury, MA, USA

Hey Michael - fellow UConn alumn, and entrepreneur here. I’m in the process of evaluating my first ETA search acquisition and have been at it for a few months. While this is my first ETA per se, my experience is in building and growing companies, both in tech and real estate. So happy to spend some time with you to share general knowledge and help any way I can. Email me at redacted to schedule something

Reply by a lender
from University of Southern California in Los Angeles, CA, USA

Thanks for the tag ^redacted‌. ^redacted‌ my specialty is SBA loan financing for these transactions. You can message me to schedule a meeting. SBA financing is how most SMB acquisitions are done.

+15 more replies.

Join the discussion