CEO Stories from Chenmark and A.J. Wasserstein

Chenmark shares real stories from life as a CEO

This Week on Think Like an Owner

My this week is Nick Huber, founder of now over a dozen companies beyond Bolt Storage, his self-storage business he’s perhaps most well-known for. Check out our first episode together, episode 68, for more about Bolt Storage. Nick has used his growing Twitter following as a top-of-funnel for all these companies, all of which serve each other in a pretty unique entrepreneurial ecosystem.

Nick and I talk about how his role as a leader has grown in scope as his business empire has expanded, why delegation and recruiting talented people has become his primary responsibility, momentum in business, and what he’s learned studying great entrepreneurs.

This episode’s sponsor is Hood & Strong is a CPA firm highly skilled in working with search funds, providing quality of earnings and due diligence services during the search, along with assurance and tax services post-acquisition.

To learn more about how Hood & Strong can help your search, acquisition, and beyond, please email one of their partners Jerry Zhou at [email protected].

CEO Reading List

We at Think Like an Owner are huge fans of A.J. Wasserstein’s writing and monitor his Yale profile page closely for new papers. This week did not disappoint, with two papers being released:

  1. Check Your Strategy and Capital Allocation Aspirations gives a look at real stories from life as a CEO, courtesy of Trish Higgins at Chenmark. A previous paper written on CEO time allocation is a fantastic pairing to this topic.

  2. Mac Holland Considers His Third Chapter discusses how to plan a great third chapter of your life after a successful entrepreneurial career.

A.J.’s papers offer a deep review on a wide range of topics any ambitious CEO will tackle at some point in their career.

Today I have a special offer from my friends at Pursuant Capital.

They've had over a dozen of their SMBootcamp LIVE attendees close on their own SMB, with another dozen currently under LOI. They're offering a 10% discount to attend one of their remaining 2023 SMBootcamps down in Tampa, FL to all TLAO subscribers.

Make sure you apply using this link to take advantage of their offer. You can check out their website for more information on the remaining SMBootcamps.

Think Like an Owner is sponsored by:

Ravix Group - Ravix Group is a fraction CFO, outsourced accounting, and HR consulting firm serving small and large businesses alike. Whether you or someone you know is getting started, searching to buy a business, or building out an organization, Ravix will help on the journey. To learn more about Ravix Group, head to their website and tell them Think Like An Owner sent you.

Hood & Strong, LLP – Hood & Strong is a CPA firm with a long history of working with search funds and private equity firms on diligence, assurance, tax services, and more. To learn more about how Hood & Strong can help your search, acquisition, and beyond, please email one of their partners Jerry Zhou at [email protected].

Oberle Risk Strategies – Oberle is the leading specialty insurance brokerage catering to search funds and the broader ETA community, providing complimentary due diligence assessments of the target company’s commercial insurance and Employee benefits programs. If you are under LOI, please reach out to learn more about how Oberle can help with insurance due diligence at oberle-risk.com. Or reach out to the CEO, August Felker, directly at [email protected].

Interested in sponsoring? Reply to this email and let’s chat.