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Leaving a Big Salary in DC for Small Business in Wyoming
Published 3 years ago
Description
Eric Hayes was an accomplished executive in the DC area with 5 kids when he decided to buy a business in Laramie, WY.
Topics in Eric’s interview:
- Walking away from a C-level career to buy a small business
- Difficulty raising equity
- How “smiling and dialing” investors paid off
- Willingness to take “key man risk”
- Negotiating a premium for his operations experience
- The business of restoring native ecosystems
- Costs to serve customers across the Mountain West
- Learning to communicate with his foremen
- Uncertainty of project-based business
- Life in a small town vs. life in a big city
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