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Leaving a Big Salary in DC for Small Business in Wyoming

Leaving a Big Salary in DC for Small Business in Wyoming

FromAcquiring Minds


Leaving a Big Salary in DC for Small Business in Wyoming

FromAcquiring Minds

ratings:
Length:
94 minutes
Released:
Sep 18, 2023
Format:
Podcast episode

Description

Eric Hayes was an accomplished executive in the DC area with 5 kids when he decided to buy a business in Laramie, WY. Topics in Eric’s interview:
Walking away from a C-level career to buy a small business
Difficulty raising equity
How “smiling and dialing” investors paid off
Willingness to take “key man risk”
Negotiating a premium for his operations experience
The business of restoring native ecosystems 
Costs to serve customers across the Mountain West
Learning to communicate with his foremen
Uncertainty of project-based business
Life in a small town vs. life in a big city
References and how to contact Eric:
LinkedIn
Rocky Mountain Reclamation
Learn more about Walker Deibel's done-with-you buy-side advisory:The Acquisition LabConnect with A-players who can run your business remotely:More StaffingConnect with Acquiring Minds: 
See past + future interviews on the YouTube channel 
Connect with host Will Smith on LinkedIn 
Follow Will on Twitter
Released:
Sep 18, 2023
Format:
Podcast episode

Titles in the series (100)

Buying a business is an amazing path for many successful entrepreneurs. Learn how to buy a business from the entrepreneurs who have already done it. Stories, insights, & valuable advice about acquisition entrepreneurship. Hosted by Will Smith, who is on his own path to acquire a business.