A group of entrepreneurs shares how Kyle Mallien's workshop and community helped them close a business deal in 90 days. They discuss the resources and support that accelerated their process and offer advice for people just starting out.
The first event with Kyle was. It was something that I had heard before. So I had been through his workshop before. So it wasn't much of a surprise. Some of the building of the fund and the direction and the strategic. Well, the strategic direction of where Kyle was taking the group and the fund was a bit of a surprise, a pleasant surprise. So meeting the group, the activities with the group and being near like minded people was great. Yeah, I'd say that exceeded my expectations. And the venue is absolutely fantastic.
Picks good spots, doesn't it?
Yeah.
Now you actually have a letter of antenna for a business.
I do it.
You're in your diligence legal, you're going through all the process here. Has, has the group had any impact or help on getting? Because you got that done. Really? I mean, we're only talking 90 days ago.
Sure. Yeah.
Talk to me about the last 90 days.
Yeah. You know, we joined the group, my husband and I, we joined the group and we had been trying at this for a few months before we knew that this was the path that we wanted to take. We had again tried our hand at it on our own. And when we found this group and the resources available, our first thought would, that would be that this would compress the time and we would gain the knowledge that we needed that the resources were there to help us understand how to structure deals, how to approach some of these phone calls and conversations with brokers and sellers and have really standout competitive. Lois. And being part of the group has done that. Right. It's compressed the time. I think we could have done it on our own. Right. I do. But I don't think it would have been in 90 days.
Right. So shrinking that time, which has the value to it. Now you're at the spot where, listen, a lot can happen between where you are and it being closed. But what a difference, having being able to compress that time and know you.
Have the resources, the support, the team. We would have had to piece some of the. The resources on our own. Then you have to think through the resources that you are piecing together to get through this deal on due diligence. Are they qualified? Have they been around the bend? Do you. Are they well versed in some of the ideas and the structures that. That Kyle and Dana and some of his team are throwing out. So being able to leverage those resources is impactful.
That's awesome. Yeah, that's awesome. Now, someone going through this for the first time.
Yeah.
What advice would you have? Because there's a lot to get thrown at you here in a very short period of time.
Yeah, I'd say make the commitment. I'd truly say make the commitment. If you're going to invest the resources you probably want to make, the time you need to show up for the calls, you need to expand your horizons. I think some folks in the group, you know, they have an idea of what they're looking for, but at the same time, you don't know what you don't know. And there may be an industry that you're not you hadn't even considered. So expand your horizons. Think about different types of opportunities. Make the commitment to show up and ask questions.
Now put you on the spot just for a minute. If there's anything you want to say to Kyle directly. Kyle's that camera.
A great thank you. I mean, from the bottom of our heart, a great thank you.
