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McKinsey Consultant -> Two $1M+ Businesses in 2 years | Savanna Rush

Episode 80 Published 4 months ago
Description

This week, I sat down with Savannah Rush, Managing Partner at Funded Ventures.


Savannah went from McKinsey consultant to owner-operator of Midway Electric in Columbia, Missouri. 


She and her partner Brian Wolf (who I interviewed previously) have closed two home services deals and are laser focused on building a long-term holding company.


She's not aiming to flip or exit. Her goal is to build a compounding machine. 


Here are some of the highlights from the deep dive:

🔥 How she went from "ETA skeptic" to running an electrical company in a market where she doesn't exactly look like the typical president

🔥 The state of the business when they bought it (everything was on paper, hourly rates were 40% below market, and the owners were barely holding on)

🔥 How they turned it around in months, including the pricing conversation with the team that actually got buy-in

🔥 Why they're willing to go "super, super small" on acquisitions when everyone else says to go bigger


Here's her must-watch breakdown...


She also shared some things I don't hear enough people admit out loud:

❓ Why she was nervous about stepping into the role 

❓ The one thing her McKinsey background didn't prepare her for 

❓ Why "being involved in the community" has become one of their biggest unlocks for finding proprietary deals


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