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Episode #18 - Justin Turner, Partner at Traction Capital Partners

Episode #18 - Justin Turner, Partner at Traction Capital Partners

FromThe Circle of Competence Podcast


Episode #18 - Justin Turner, Partner at Traction Capital Partners

FromThe Circle of Competence Podcast

ratings:
Length:
76 minutes
Released:
Jan 24, 2021
Format:
Podcast episode

Description

This week I interviewed Justin Turner, Partner at Traction Capital Partners. We discussed his journey building Traction and did a deep dive on the first two companies that Traction purchased. The two biggest takeaways from our conversation were twofold.
I. Small businesses are small for a reason. Delegation, hiring, management, retaining complete control, and growth risk are all fears that first generation owners have to conquer before scaling a business. Some choose to stay small for a reason. This is your opportunity. (Share on Twitter)
II. Growth is risky. A company can spend a TON of money upfront outfitting sales teams and building out a presence in a new market, only to enter the wrong market. Table selection is just as important as execution. (Share on Twitter)
Enjoy our deep dive into his first two investments, SeaWestern and Swagoffroad.com. 

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Support this podcast: https://anchor.fm/the-circle-of-competence/support
Released:
Jan 24, 2021
Format:
Podcast episode

Titles in the series (43)

The Circle of Competence Podcast focuses on the nexus between entrepreneurship and investing, and explores each guest's journey of buying, building, and operating businesses. From real estate to technology to small business investing and more, this podcast will be a wide-ranging exploration of what it takes to build a sustainable operation in today's competitive world. Support this podcast: https://anchor.fm/the-circle-of-competence/support