The Life-Changing Potential of Buying a Business

Acquiring Minds

Chris Munn, Bakari Akil, and Bruce Vann reflect on being Black men who bought businesses & why this path is so powerful. 

Topics in this interview:

  • What inspires and motivates them as business owners
  • The three necessary factors for capitalism to work
  • Unclaimed opportunities for minority businesses
  • The impact of entrepreneurship on family and future generations
  • Changing your mentality to lead a company effectively
  • Being “buttoned up” vs. being authentic
  • Dealing with sellers who want to talk U.S. politics
  • Overcoming challenges and persisting in the face of adversity
  • The limitations of “climbing the ladder” in a W2
  • Why now is the best time for Black people to buy businesses

References and how to contact:

  • Bakari Akil LinkedIn - Twitter - Graves Hall Capital
  • Elliot Holland LinkedIn - Twitter - Guardian Due Diligence
  • Bruce Vann LinkedIn - LuXout Products Inc - Blinds & More
  • Chris Munn LinkedIn - The Fairfield Company
  • Dame Dash Full Interview at The Breakfast Club Power 105.1
  • Early Career LBOs Using the Search Fund Model
  • HBR Guide to Buying a Small Business
  • Why Should White Guys Have All the Fun? by Reginald F. Lewis and Blair S. Walker

Learn more about Walker Deibel's done-with-you buy-side advisory:

  • The Acquisition Lab

 Get complimentary due diligence on your acquisition's insurance & benefits program:

  • Oberle Risk Strategies - Search Fund Team

Connect with Acquiring Minds:

  • See past + future interviews on the YouTube channel
  • Connect with host Will Smith on LinkedIn
  • Follow Will on Twitter

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