Heard a really interesting interview with Brent Beshore recently that crystalized a big problem we have in our business. Brent was talking about how he loves the HVAC service business, because, as long as people live in variable climates, they will need machines to maintain comfortable air temperature, and someone is going to get paid
On Friday, we closed up shop to take the whole in-office team wine tasting in Malibu. While I am truly proud of our business, we are not exactly curing cancer. So, Jon and I have realized, if we are going to get very high-quality people to work with us, we need to make Adaptive a
One of the bad habits I’m prone to falling into is failing to grow my network of capital providers. For any given deal, if we’re not deploying a discretionary fund, it’s easiest to reach out to the 3-4 families with whom we do the most business and get one of them to write the check.
Without quite meaning to, Adaptive has built a brand. How do I know? Well, I get email messages like this: “I am reaching out to make contact as I have come across a few of your listings and think they are right up the lane I am looking for for my upcoming move to Los
One of the worst things about running a small company is having to let people go. When you hire someone, you’re entering into an exchange, where he gives you his best effort during the most productive hours of his day, for an indefinite period, and you give him money to support himself. It’s awful for