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- New Podcast: How This Former VC-Backed Entrepreneur Started A Holding Company With 3 Acquisitions And 2 Startups
New Podcast: How This Former VC-Backed Entrepreneur Started A Holding Company With 3 Acquisitions And 2 Startups
An interview with Chase Murdock
Hello SMB Deal Hunters!
I’m excited to share a new interview with Chase Murdock, a former VC-backed entrepreneur who now owns a holding company, Decada Group.
Through Decada Group, Chase has made 3 acquisitions and started 2 companies in Salt Lake City–all without taking any outside investor capital.
Today's issue is sponsored by SMB Diligence, the platform I helped start for matching business buyers with vetted legal counsel and Quality of Earnings providers.
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Here's what one member shared this week:
INTERVIEW
In the interview with Chase, we discuss:
Skillsets of someone who is a 0-1 entrepreneur vs a 1-10 entrepreneur
What it’s like to run a lifestyle holding company where the goal is to create a day to day that you don’t have to retire from
How Chase 4-5xed his first acquisition, Workshop SLC, in its first year (and then again in its second year!)
How Chase acquired a construction company and electrical contractor company 90 days later
How to plug in operators and support a management team
The one thing that makes a good operator vs a great operator
And more!
PRESENTED BY SMB DILIGENCE
Here’s Why You Shouldn’t Skip Due Diligence…
A friend of mine put a business under LOI and asked me for my advice.
I recommended he contract a 3rd party due diligence partner to rebuild the company's P&L from scratch.
Turns out their EBITDA was off by 2x 😳
Enter SMB Diligence.
SMB Diligence is the platform I helped start for matching business buyers with vetted diligence providers, from M&A lawyers to Quality of Earnings providers.
Their network of experts has worked on hundreds of small business transactions (including many from the SMB Deal Hunter community).
COMMUNITY PERKS
• Want to invest passively in SMB acquisitions? Get access to investment opportunities.
• Get a personal introduction to my preferred SBA 7(a) lender, non-SBA lenders, Quality of Earnings providers, or legal counsel
• Raising capital for your deal? I’ll connect you with investors from the SMB Deal Hunter Community.
• Interested in selling your business? I’ll help you connect with buyers from the SMB Deal Hunter Community.
THAT’S A WRAP
Want me to interview you for my podcast? Hit reply.
See you tomorrow with some new deals!
-Helen Guo
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Disclaimer
This publication is a newsletter only and the information provided herein is the opinion of our editors and writers only. Any transaction or opportunity of any kind is provided for information only; SMB Deal Hunter does not verify nor confirm information. SMB Deal Hunter is not making any offer to readers to participate in any transaction or opportunity described herein.