Episode Details
Back to Episodes
Doing It His Way: First-Timer Buys 2 at Once
Published 2 years, 10 months ago
Description
Mike Okhravi left a cushy tech career to buy a towing business & a flooring business — and within 30 days of each other.
Topics in Mike’s interview:
- Why he passed on the Search Fund Accelerator
- His philosophy on taking more risk by moving fast
- Signs of a motivated seller
- Buying a 4-person garage flooring business
- Surprises after acquiring the business
- Why profit dips post-acquisition
- Discarding the “searcher rules”
- What he loves about the towing business
- Operating 2 businesses at once (including one 3 hours away)
- Getting back up after business failures
References and how to contact Mike:
- mikeokhravi@gmail.com
- Codie Sanchez
Learn more about Walker Deibel's done-with-you buy-side advisory:
Get complimentary due diligence on your acquisition's insurance & benefits program:
Connect with Acquiring Minds:
- See past + future interviews on the YouTube channel
- Connect with host Will Smith on LinkedIn
- Follow Will on Twitter