Listen "Nick Akers – From Co-Leading a Family Company to 'Buying and Building' an IT MSP"
Episode Synopsis
Nick Akers shares his journey from being a graduate student in chemistry to becoming the CEO of a startup. He discusses the challenges of commercializing scientific inventions and the importance of communication in leadership roles. Nick also talks about his experience in running a family-owned chemical company and the opportunities for professionalizing the business. Ultimately, he decided to leave the company and pursue a different direction in his career. Nick Akers shares his experience transitioning from a family business to forging his own path as an independent sponsor. He discusses the challenges of pushing the organization and the need for personal growth. After exploring different roles, he decides to partner with NovaStone, an accelerator, to increase his chances of successfully acquiring a business. He talks about the rigorous interview process and the support NovaStone provides in terms of capital, expertise, and systems. Nick pivots his search strategy from a hyper-specific proprietary search to an industry-agnostic nationwide search, ultimately finding and acquiring STL Communications, an IT managed service provider.
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