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Acquiring Minds

Doing It His Way: First-Timer Buys 2 at Once

95 min • 13 november 2023

Mike Okhravi left a cushy tech career to buy a towing business & a flooring business — and within 30 days of each other. 

Topics in Mike’s interview:

  • Why he passed on the Search Fund Accelerator
  • His philosophy on taking more risk by moving fast
  • Signs of a motivated seller
  • Buying a 4-person garage flooring business
  • Surprises after acquiring the business
  • Why profit dips post-acquisition
  • Discarding the “searcher rules”
  • What he loves about the towing business
  • Operating 2 businesses at once (including one 3 hours away)
  • Getting back up after business failures

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