Hello World

Starting My Entrepreneurship Journey

It has been about two months since I left my job to search full time for a business to buy. So far, I have:

• Reviewed 300+ business listings

• Requested 28 confidential information memorandums (CIMs)

• Spoken with 12 business brokers

• Chatted with 4 sellers

• Sent out 1 letter of intent (LOI)

  
  

Looking at these numbers, it may seem like I have everything under control. But the reality is, I feel scared. Every step comes with doubts. What if I miss a red flag in the financials? What if I overlook an important risk in the industry? What if I make a mistake and fail?

The Reality of Search

The stakes are high. I have two young daughters who depend on me and a budget that looks bleak without my income. My husband has quickly realized that our mortgage payments do not care about my ambitions. So remind me, why did I take this leap again?

Because I believe in being an example for my daughters. I have always dreamed of being an entrepreneur but lacked the courage. How can I expect my daughters to pursue their dreams if I won’t pursue mine?

There is also power in Entrepreneurship Through Acquisition (ETA). It gives me the opportunity to own a business, build something meaningful that I can pass on to my baby girls, and create a flexible life that allows me to be present for them. But getting there is not easy.

I know I am not the only one feeling this way. Many women in entrepreneurship struggle with self-doubt, especially when taking big financial risks. Buying a business is a complex process, and the fear of making the wrong decision is real.

That is why I am sharing my journey. My goal is to help other women in ETA by being transparent about what works, what does not, and what I am learning along the way.

What’s Next? How I Prepared to Buy a Business

In my next post, I’ll share the key concepts and foundational terms around Entrepreneurship Through Acquisition (ETA). This is where I started—by learning the landscape. Understanding the acronyms and jargon early on is incredibly helpful. It sets you apart from less prepared buyers and gives you an edge as you navigate this journey.

Subscribe to get my next post and receive a quick, easy-to-follow overview of everything you need to know about ETA.

Have you ever thought about acquiring a business? Let me know in the comments!