Ecosysteming
Ecosysteming is the podcast redefining economic development through the lens of equitable entrepreneurship. Join NC IDEA’s Thom Ruhe as he engages with entrepreneurs and experts who are challenging the status quo and driving lasting change. Catch new episodes of Ecosysteming every other Tuesday on all major podcast platforms.
Ecosysteming
The Next Generation of Business Ownership w/ Darryl Lindie | Ep. 48
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What happens to a successful business when its owner is ready to retire, but there is no one prepared to take over?
On this episode of Ecosysteming, host Thom Ruhe sits down with Darryl Lindie, Co-Founder of New Majority Capital and President of AA Sign & Awning, an 80 year old company he acquired and now operates.
Darryl makes the case for entrepreneurship through acquisition (ETA), a path that allows aspiring entrepreneurs to buy and grow existing businesses rather than starting from scratch. They explore the growing need for business succession, the risk communities face when established companies close their doors, and the opportunity to create a new generation of business owners while preserving jobs and building wealth.
Through New Majority Capital, Darryl is helping create a clearer path to business ownership by preparing the next generation of buyers and making acquisitions more accessible. For anyone who has ever thought about owning a business, this conversation may change the way you think about entrepreneurship.