Young Entrepreneurs Use Investment Tool to Acquire Small Businesses and Build Wealth

Search Funds as a Business Opportunity: As many baby boomers retire, a significant number of small businesses lack succession plans, creating opportunities for millennials and Gen Z entrepreneurs to acquire and revitalize these essential companies through search funds, which allow individuals to raise capital to buy existing businesses.

Successful Outcomes and Challenges: Entrepreneurs like Jason Jackson have successfully navigated the search fund model, overcoming initial challenges such as fraud to achieve profitable exits, while also emphasizing the mentorship and resources provided by investors, which help aspiring business owners succeed in a turbulent economy.