Nick’s journey towards small business ownership was a winding road. After graduating from MIT, he went to work for McKinsey. After consulting, he found a passion in clean tech and clean energy with NRG Group, leading their high-tech ventures program.
It was around this time Nick decided he wanted to own a small business. He stressed the importance of living a balanced life, and forming your business around the life you want to live. Not the other way around.
Nick found The Wright Gardner after a month of searching. After becoming Co-Owner he proceeded to do five bolt-on acquisitions to grow the company.
Realizing his passion for investments and acquiring businesses, Nick set up Cub Investments. Cub Investments is a small private equity company whose goal is to buy small, local businesses and hold them forever.
I really enjoyed my chat with Nick. His sense on balance between work and life was refreshing. And you can ALWAYS learn something from talking to an MIT grad. I know you’ll learn a lot too.
[0:00-5:00] Introduction & Background on Nick
[12:00-16:00 ] Nick’s Passion for Clean Energy
[18:30 – 23:00] Why Nick Decided To Buy A Small Business
[26:00-35:00] How Nick Found The Wright Gardener & First Steps In Ownership
[40:00-45:00] Why It’s Important to Plan For Change
[56:00-64:00] Why Nick Started Cub Investments & His Investment Criteria
[65:00-end] Closing Thoughts
Other things Nick referenced during the podcast:
- Clay Christiansen – How Will you Measure Your Life
- Dan Rasmussen – The Gospel According to Michael Porter
- Michael Porter – Shared Value