Chenmark Series 1: Founding Ideals - Ep.163

<p><a href="https://docs.google.com/forms/d/e/1FAIpQLSfhX5KMMMYwJSgXdB2HP3MJjXbn7qhMxtLZrOMMx4Kws0Az8A/viewform" rel="nofollow">Please take 2 minutes to complete this audience poll and give feedback on the podcast</a></p><p>This episode is the first in a three-part series we are running on Chenmark, one of the most well-known and studied holding companies in the entrepreneurship through acquisition world. And for good reason! Since its founding in 2015 they have acquired 11 operating companies, completed 30+ acquisitions when including add-ons, and has over 600 employees today.</p><p>This series is not meant to be a one-stop-shop for everything Chenmark. The Higgins’ have appeared on Invest Like the Best, there is a fantastic case study by A.J. Wasserstein about them, and they share their thoughts every week through their Weekly Thoughts newsletter, which is one of my favorites. Instead, this series is meant to dive into topic gaps, where I am most personally curious, and areas of change for Chenmark.</p><p>For this first episode, we cover the risk/reward of their path early on, founding ideals, and various pivots and challenges in starting Chenmark. The second episode focuses on their operating ethos, culture, and incentive structures. The third and final episode takes a deep dive on their CEO recruiting function and what has to happen to keep Chenmark on their growth trajectory. I hope you enjoy the series, please enjoy this first episode with Trish Higgins and Palmer Higgins.</p><p><span>Listen weekly and follow the show on </span><a href="https://podcasts.apple.com/us/podcast/think-like-an-owner/id1445929750" rel="nofollow">Apple Podcasts</a><span>, </span><a href="https://open.spotify.com/show/3Fbv9d4HpDwuO4MOPvgdvO?si=bfa67fb76c654755" rel="nofollow">Spotify</a><span>, </span><a href="https://podcasts.google.com/feed/aHR0cHM6Ly9mZWVkcy5yZWRjaXJjbGUuY29tLzI1ODM4YjdlLTdlZTgtNGZjMC05ZjU0LTViNjJkZDNmZTBjNg" rel="nofollow">Google Podcasts</a><span>, </span><a href="https://www.stitcher.com/show/think-like-an-own