Knowledge is a powerful competitive advantage, especially for those aiming to launch a search fund or engage in Entrepreneurship Through Acquisition (ETA) in 2025. At Nextgen Growth Partners, we understand the importance of being well-informed. To support your journey, we’ve compiled five essential resources to complement the foundational knowledge you’ve already gained.
First, delve into the insights of industry experts with the MBA Masterclass – Models of Entrepreneurship Through Acquisition with Mark Agnew & Brian O’Connor. This video, featuring our own Managing Partner Brian O’Connor alongside Mark Agnew, explores diverse pathways to acquiring and leading a small business. It’s an excellent primer for anyone seriously considering the ETA route, offering valuable perspectives from experienced practitioners.
For a deep dive into capital allocation and unconventional leadership, The Outsiders by William Thorndike is a must-read. This book profiles eight CEOs who achieved remarkable returns through innovative thinking and strategies that defy traditional management norms. Highly recommended by both investors and operators, “The Outsiders” challenges conventional playbooks and inspires a fresh approach to business leadership.
Tune into Acquiring Minds – Learn How to Buy & Own Businesses, a leading podcast in the ETA space. This podcast features interviews with entrepreneurs who have successfully navigated the complexities of small business acquisition. Gain invaluable insights into deal sourcing, financing strategies, and operational best practices directly from those who have walked the path before you.
Strategy made digestible is the promise of Lost at CEO by Jason Daily. This book uses a compelling business fable to demystify strategy. Follow a struggling CEO’s transformative journey as he learns to manage complexity, align his team, and revitalize his business with a clear and actionable strategic roadmap. It’s a practical guide wrapped in an engaging narrative.
Finally, to navigate the legal landscape of search funds, consult Exploring and Understanding the Various Legal Documents in a Search Fund Project – A.J. Wasserstein & Co. While searchers aren’t expected to be legal experts, understanding the legal framework is crucial. This article breaks down essential legal documents—subscription agreements, escrows, covenants, and more—providing searchers with the confidence to navigate the acquisition process with informed awareness.
These resources, recommended by Nextgen Growth Partners, are designed to equip aspiring entrepreneurs with the knowledge and insights needed to succeed in the dynamic world of ETA. Explore these materials to enhance your understanding and gain a competitive edge as you prepare for your entrepreneurial journey in 2025.
