What is the Smallest Self-Funded Search "Worth" Doing?
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by a searcher
from Indiana University, Bloomington/Indianapolis - Kelley School of Business
in Indianapolis, IN, USA
in Indianapolis, IN, USA
5yrs ago
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by an investor
2yrs ago
from Ohio Wesleyan University in Charlotte, NC, USA
from Ohio Wesleyan University in Charlotte, NC, USA
I agree with Michael Kelker. I do think a lot of folks go too small, and I feel a business with north of $2 million of EBITDA is much easier to attract quality investors.
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by a searcher
2yrs ago
from University of Virginia in Fort Lauderdale, FL, USA
from University of Virginia in Fort Lauderdale, FL, USA
There is also a tradeoff of "professionalization" and what is growable, especially if you're taking outside capital. A good proxy for "is this big enough" can be "who does payroll and QuickBooks?" If the owner is doing those and is the head salesperson, head of operations, [...] it's a good bet your focus will be on rowing the boat, not steering the ship
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