Chase Murdock: From VC Founder to CEO of Holding Company and 4 SMB Acquisitions

Top M&A Entrepreneurs

In this podcast interview, Chase Murdock tells the story of how he transitioned from launching a few venture capital backed companies to CEO of a holding company of 5 SMBs and making 4 SMB acquisitions. He offers valuable insights on the importance of doing what you love, the value of relationships, and more!
SHOW NOTES:
00:00 Intro to Chase Murdock
02:20 The downside of VC backed companies
03:21 The accidental call to adventure to the world of SMB's
06:49 Producing more revenue from the first SMB versus the VC backed firm -but learning holistically
10:10 Learning the avatar in a 0 to 1 environment - learning fast - Arrival fallacy
12:42 Finding the best business partner run a contest: who treats the other better
17:02 How he finances the acquisitions
19:15 His holding company thesis - no rich uncle - goal: 5X Love & Energy
22:29 How to become expert in growth in different niches
24:01 Finding and or promoting operators
24:57 Discovering how operators boost their productivity
26:28 How to prove to seller you can bring the resources to grow their business
27:33 The framework for how Chase works with portfolio companies
30:40 How to help the GMs break & scale
34:36 Who Chase goes to for personal growth
36:07 Working 60 hours at Holding Co. vs 60 Hours at VC backed companies
38:19 Sellers do not own equity in holding company
38:43 Is your success attracting money?
41:10 Why do you have imperative to grow at break neck speed (out of death zone)
42:17 Buy and hold or exit?
43:14 How he decided pay themselves from Free Cash Flow
44:40 Ernest Hemmingway mean to him