Category: Sell or Buy a Business
Roger Murphy’s Significant Life & Murphy Business Brokerage
Living a significant life that has a significant positive impact on others is a great accomplishment. I believe that the investments of Greybull Stewardship are a force for good in the world and have a significant positive impact. That is certainly true for business brokerage generally, Roger… Continue reading
Investment Asset Class Taking Shape: Smaller, Fast-Growing, Backed by Not-Traditional-VCs
Harvard Business School now catches up to a business trend my investment fund, Greybull Stewardship, has been focusing on for years — the increasing frequency of great businesses that have gotten to nice levels of profitability ($1-3 million) by bootstrapping (i.e., no traditional institutional venture capital).… Continue reading
The Mirage and False Hope of an “Exit Strategy”
At best, an exit strategy becomes overrated and a waste of breath. At worst, an exit strategy becomes a destructive mirage of certainty and false hope. I realize that it is conventional wisdom for every entrepreneur to specify their exit strategy. I have even heard… Continue reading
Lessons From Hyatt Family Decisions on Selling Businesses
For many business owners, selling a business is both about the money and about finding the right home for their life’s work. This was very true for the Hyatt family as they worked to sell family businesses over the last decade after the patriarch’s death.… Continue reading
Two Investments To be Announced as Soon as I Stop Slacking Off in Wyoming
We closed two more acquisitions on August 8 (will announce them soon) after having made two growth business investments earlier in the summer (Murphy business brokerage and one other unannounced). When I began the Greybull investment fund, I expected to do 1-2 investments per year.… Continue reading