I've just wrapped up a fascinating conversation with Malcolm Peace, a savvy investor who's got a knack for buying and scaling blue-collar businesses right here in the heart of Texas. I'm thrilled to share some highlights from our latest episode that I'm sure will pique your interest.

👨‍👧 Girl Dad & Ironman Enthusiast
Malcolm's not just a business whiz; he's a dedicated girl dad and an Ironman athlete. He's crafted a business model that allows him to balance his family life, training, and professional aspirations. It's all about creating a legacy his kids can be proud of while providing an exceptional experience for his employees.

📈 Scaling Businesses the Texan Way
Born and raised in Austin, Malcolm has a unique perspective on the bustling Texas economy. He's on a mission to acquire family-owned businesses with a solid community reputation and help them reach new heights through lean scaling.

🏭 The Ideal Acquisition
Malcolm's ideal targets are stable businesses with over a decade of history, healthy net margins, and a strong community presence. He's candid about the transition process, aiming for smooth handovers that respect the legacy of the original owners.

🚧 Navigating Transition Risks
Acquiring a business isn't without its challenges. Malcolm dives into the importance of due diligence, protecting against customer concentration, and the delicate balance of maintaining a business's reputation during the transition.

🤝 Building Trust and Treating People Well
For Malcolm, it's not about flipping businesses; it's about long-term stability and creating value. He's all about fostering a culture of trust and humility, ensuring that each business thrives under his wing.

🧠 Psychology in Leadership
Malcolm's background in psychology has given him a unique edge in leadership development. He shares how understanding group dynamics and emotional feedback is crucial in counseling and business interactions.

🔍 The Search for Talent
Malcolm's company is on the lookout for talented individuals who are eager to be part of their long-term vision. They're rolling out an internal development program to groom the next generation of operators who are ready to take the driver's seat in Texas-based businesses.

If you're as intrigued as I am by Malcolm's approach to business and leadership, you won't want to miss this episode. Tune in to hear the full story and learn how Malcolm's strategies can inspire your own business ventures.

Next Steps

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Disclaimer: The content shared on this podcast is for informational purposes only and should not be taken as financial, legal, or tax advice. The views and opinions expressed are those of the host, Josh Wilson, and any guests, and do not necessarily reflect the official policy or position of any agency or organization.

Josh Wilson is a licensed real estate broker and an investment banker, but this podcast is not a substitute for professional advice. We strongly recommend that you consult with a qualified financial advisor, legal counsel, and tax professional before making any financial decisions or taking any actions based on the information provided in this podcast.

Buy and Hold Family Businesses with Malcolm Peace

The Deal Scout