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Parham Mirshahpanah

Adjunct Lecturer at Saint Mary's College Of California

Highlights

Aug 20 · linkedin

If you're building a business, watch this video. It provides a simple and systematic approach to goal setting, measurement, and most importantly learning. We all know this formula, but often don't exercise it with the level of discipline needed to succeed. The one section that stood out to me most is the progression of learning from failures to WINS:

At first, when you conduct an experiment, you'll likely fail at achieving your outcome. As you continue to learn you'll start increasing your wins. So the overall journey will look like this:

Stage 1: fail, fail, fail, fail... Stage 2: fail, fail, WIN, fail.. Stage 3: WIN, WIN, fail, WIN..

All of this depends on having a system that captures and leverages learnings.

(the first 30min of the video is the presentation, the rest is Q&A)

Jul 24 · linkedin

Having built a couple of companies over the last decade, I know the value of applying an MBA in real-world business. The rise of search funds offers MBA graduates the chance to step into a cash-flowing business and put their education to practical use. This challenging experience provides invaluable lessons in operational excellence and growth.

💡 A recent report by Stanford University Graduate School of Business provides some great insights into search funds:

▶ $682M was invested in core search funds in 2022-2023 ▶ Median purchase price of a company was $14.4M, representing 7x EBITDA ▶ Average age of searchers is 35 or younger ▶ Average time to the first LOI was 7.8 months ▶ "Service business" acquisitions eclipsed all other business categories

As someone who loves building and operating businesses, I'm excited about getting involved in search funds as an operator. If you're interested in this space, let's connect!

Download the full report here: https://lnkd.in/gi5gJi9v

Related Questions

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Parham Mirshahpanah
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Experience

Research Associate at Bayer Pharmaceuticals
Research Intern at Bayer Pharmaceuticals

Education

Bachelor Of Arts In Biology, University Of California, Berkeley
Master Of Business Administration, Escp Business School

Location

Lafayette, California, United States