Pivot decision: transitioning to self-funded search

After Megan McGee pivoted her search fund to a self-funded approach, she bought a business where she wanted to settle.

Register for the webinars: 

•  From Owner to Owner: Business Transition Lessons - Thu March 12 - https://bit.ly/4ctCJCw

Topics in Megan’s interview:

• Family background in pest control
• Internship with previous guest Edward McDonnell
• Starting out in traditional search
• Investors declined to support a deal she loved
• Pivoting to self-funded search
• Deciding not to buy her dad’s business
• Buying Virginia Guesthouses without an SBA loan
• Buying from a young seller
• Managing 75 properties
• Her profitable first year

References and how to contact Megan:

• LinkedIn
• Tato Corcoran’s recap episode: How to 4x a Small Manufacturer
• Edward McDonnell on Acquiring Minds: Taking a Single-City Acquisition Nationwide
• Matt Orley on Acquiring Minds: Buying for Brand (Then Growing 4x)
• Guesthouses

Get a free review of your books & financial ops from System Six (a $500 value):

• Book a call with Tim or hello@systemsix.com and mention Acquiring Minds

Download the New CEO’s Guide to Human Resources from Aspen HR:

• From this page or contact jenny@aspenhr.com

Get complimentary due diligence on your acquisition's insurance & benefits program:

• Oberle Risk Strategies - Search Fund Team

Connect with Acquiring Minds:

• See past + future interviews on the YouTube channel
• Connect with host Will Smith on LinkedIn
• Follow Will on Twitter

Edited by Anton Rohozov
Produced by Pam Cameron