Nick Haschka - Reversing Course on a Holding Company - Ep.129

<p>My guest on this episode is Nick Haschka, back for a third episode to provide an update on his early ambitions of a holding company, which have taken a slight turn. Two years ago, Nick and his partner Anupam Sharma acquired a commercial landscaping company Vargas Gardening. They added a manager and grew the business, but realized the road ahead was going to be substantially more difficult and so made the decision to sell the business, earning a two-year IRR of 122%. Running a second business with a worse economic profile than Wright Gardener wasn&#39;t going to be as valuable an endeavor, and thus they renewed their focus on Wright after the sale. Nick has also been thinking more about search investing, having reduced his investment activity due to the declining economics he&#39;s seeing. We talk about this change of thought, his interest in investing in public micro-cap stocks, and deeper, more targeted industry theses.</p><p>Listen weekly and follow the show on <a href="https://podcasts.apple.com/us/podcast/think-like-an-owner/id1445929750" rel="nofollow">Apple Podcasts</a>, <a href="https://open.spotify.com/show/3Fbv9d4HpDwuO4MOPvgdvO?si=bfa67fb76c654755" rel="nofollow">Spotify</a>, <a href="https://podcasts.google.com/feed/aHR0cHM6Ly9mZWVkcy5yZWRjaXJjbGUuY29tLzI1ODM4YjdlLTdlZTgtNGZjMC05ZjU0LTViNjJkZDNmZTBjNg" rel="nofollow">Google Podcasts</a>, <a href="https://www.stitcher.com/show/think-like-an-owner" rel="nofollow">Stitcher</a>, <a href="https://www.breaker.audio/think-like-an-owner" rel="nofollow">Breaker</a>, and <a href="https://tunein.com/podcasts/Business--Economics-Podcasts/Think-Like-An-Owner-p1180625/" rel="nofollow">TuneIn</a>.</p><p><strong><u>Links:</u></strong></p><p><a href="https://twitter.com/NickHaschka" rel="nofollow">Nick on Twitter</a></p><p><a href="https://www.linkedin.com/in/nhaschka/" rel="nofollow">Nick on LinkedIn</a></p><p><a href="https://thewrightgardner.com/" rel="nofollow">The Wright Gardner</a></p><p><a href="https://linktr.ee/NickHaschka" rel="nofollow">Nick&#39;s recomme