Why x10?

Those that know me know that I’m a self-professed ‘Deal Guy’ – put more simply, happiest when I’m doing deals. My first real job out of college was the GM of a recently-closed ‘deal’. . . My first sales job was part of a team raising $25 million for a cellphone ‘deal’. My first career position was for a business growing by acquisition and I got to be part of 4 ‘deals’ there.

When I finally made the jump out of corporate at 33 years young I was hell-bent on finding a ‘deal’ – more specifically a business to own and scale*. When I did acquire my first company back in 2009, that dramatically changed my personal and professional life for the better, and more importantly allowed me to get on a path to create wealth.

…I’VE DESIGNED X10 VENTURES TO BE
THE FIRST TRUE BUYER’S ADVOCATE
ACQUISITION CONSULTANCY; PURPOSE
BUILT TO SUPPORT THOSE ON THE
BUY-SIDE PART OF THE JOURNEY.”

With all of that history and guidance as learnings, I’m excited today to announce the launch of my newest company, x10 Ventures. Building x10 Ventures allows me to focus all of my passion and energy towards empowering ‘deals’ for those that want to grow – personally and professionally – through business acquisitions. That’s it – the simple – yet passionate – premise on which I’ve built x10.

Rather than ‘copy-cat’ anything out on the market, I’ve designed x10 Ventures to be the first true buyer’s advocate acquisition consultancy; purpose built to support those on the buy-side part of the journey.

x10 Ventures offers comprehensive services to those ready to start their path to business ownership – through their first business purchase, or to expand their possibilities for growth through strategic acquisitions in an existing business. Either scenario presents the perfect opportunity for x10’s team of experienced acquisitions professionals to support that effort and drive a more positive result, with less risk, and with a quicker return on investment.

I’ve been fortunate to have acquired 7 businesses in the last 13 years with priceless learnings from each success and each failure, but what’s most memorable is that each time I either closed a deal – or ran into something unexpected on the deal – I would ask myself, ‘Where would somebody go that’s doing this for the first time?’ Up until now there wasn’t a company dedicated to the buy-side of the deal-flow, and I saw a blue ocean opportunity to build an experienced acquisitions consultancy in x10 Ventures.

OUR AIM IS TO WORK WITH OUR CLIENTS
EVEN BEFORE THEY’VE SET THEIR SIGHTS
ON AN EXIT TIMELINE, BECAUSE WE
KNOW THAT PROPER EXIT PLANNING
STARTS AT DAY ONE.”

For those considering acquiring their first business, x10 becomes the ideal partner to help them find, close, and fuel their first transaction. We have their back at every step of the process – from finding qualified businesses that fit their specific acquisition criteria (and psychological profile), to working with them to formulate and negotiate an offer, close the deal, and hit the ground running with our RocketFuel strategic plan, which is specifically designed to help maximize their return on investment (ROI) in the first 90 days of ownership.

I get particular enjoyment out of understanding the vision of what a new entrepreneur wants to achieve, and backing that up with strategy and tactical execution, via an experienced team ideally suited to help them get there. Whether they’ve already found a business that they’re favoring to acquire, or if they’re staring at a blank sheet of paper to figure out what to do next, we have the experience and passion to help them get to the finish line with more confidence, less risk, and a quicker, more certain path to ROI.

x10 Ventures is also uniquely suited to add value to existing businesses that are stuck or stagnant, or not sure where to go. If conventional means of growth have not moved the needle adequately, a solution worth exploring is growth through acquisition. For existing and mature businesses, we work with clients to develop a targeted strategic plan, thoroughly vet and qualify businesses on their behalf, and be at their side through every step of an acquisition, the integration, and beyond.

“AT THE END OF THE DAY, I WANT TO
WORK WITH PEOPLE WHO ARE TIRED OF
MAKING OTHER PEOPLE RICH, AND I’VE
BUILT X10 VENTURES TO SHOW OTHERS
WHAT’S POSSIBLE IN GROWTH THROUGH
BUSINESS ACQUISITIONS.”

Growth through acquisition is the main mission for x10 Ventures, but we also want to participate in bringing these businesses to the finish line via successful exits. Our aim is to work with our clients even before they’ve set their sights on an exit timeline, because we know that proper exit planning starts at day one. Our experienced team works with them to exit-score all aspects of the business, and subsequently develops a 24-month plan to optimize areas all that need improvement; all with the goal to maximize the ultimate exit selling multiple (i.e. price).

At the end of the day, I want to work with people who are tired of making other people rich, and I’ve built x10 Ventures to show others what’s possible in growth – through business acquisitions. I’m extremely excited to channel my passion for ‘deals’ into something that provides a meaningful contribution to their lives. If you know of someone that’s considering buying a business, or someone who has a business that should consider growing through acquisition, I’d appreciate an introduction to see if x10 Ventures is the ideal partner for their journey. Put more simply, If you know someone that’s got – or wants – a ‘deal’ – let’s talk!