An Infinite Games Mindset - Sieva Kozinsky - Founder of Enduring Ventures
Manage episode 407463043 series 3560640
Sieva Kozinsky is the Managing Partner and co-founder of Enduring Ventures, a long-term holding company dedicated to buying and building beautiful businesses and stewarding them with exceptional, values-driven leadership.
On this episode, Jake and Sieva discuss:
- Pivoting from being an operator to an investor
- Due diligence on potential acquisitions
- How to incentivize management teams and CEOs
- How Enduring integrates into an acquired company
Links:
Connect & Invest with Jake:
Follow Jake on Twitter: https://twitter.com/jwurzak
Take the Hospitality Investing Masterclass: https://learn.jakewurzak.com/
Learn How to Invest with DoveHill: https://bit.ly/3yg8Pwo
Topics:
(00:00:00) - Intro
(00:03:33) - What is a holdco and why are they so popular?
(00:07:20) - Sieva’s focus on private companies
(00:14:54) - Pivoting from being an operator to an investor
(00:17:13) - Starting Enduring
(00:20:41) - How did you make UpCouncil a profitable business?
(00:23:52) - VC Turnaround work
(00:26:58) - What kind of due diligence are you doing to get you to a quick yes or no?
(00:30:56) - How do you interview management teams to determine if they will stick around?
(00:37:16) - What’s the best way to incentivize CEOs?
(00:39:18) - What’s the best way to integrate Enduring into an acquisition?
(00:46:10) - How do you keep a pulse on all 21 companies within Enduring?
(00:49:13) - Are there any outstanding ideas or processes from a CEO within Enduring that you wanted to apply to all the companies?
(00:54:20) - Do you get more energy from finding deals or making an acquisition flourish?
(00:58:54) - Acquiring platforms vs. businesses
(01:03:17) - The Enduring Ventures organizational structure
(01:15:10) - Finding the balance for doing what’s best for an individual business and the portfolio
(01:16:31) - How does the financing for doing a deal work?
(01:27:10) - What scares you most about growing a business?
(01:30:05) - What is your favorite hotel?
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