Search Process

How's it going? Search as a sales job.

Find out what's going through the mind of a searcher as he embarks on his journey. This episode captures the necessary sales skillset that Rob has found to be useful in the initial phase of search.

July 16, 2026
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Illustration of an Australian main street with local businesses
Find out what's going through the mind of a searcher as he embarks on his journey. This episode captures the necessary sales skillset that Rob has found to be useful in the initial phase of search.

Rob Gaunt began his career selling copiers on commission only. And before he was CEO of Marine Rescue Technologies, he was fueling their sales team.

It therefore comes as no surprise that he found himself in his element when building and managing a pipeline of acquisition opportunities, on 30-40 calls per week with business owners, qualifying quickly, frontloading the deal killers, and moving a winner to closing.

Search is a sales job. There’s no way around it, and I’ve been saying it for years. It’s all about generating leads, qualifying those leads, and moving prospects efficiently through a pipeline over and over and over again. The more proficient you are in these core sales abilities, the more productive your search will be.

Glamorous? No. Interesting? Absolutely. The variety of businesses and personalities you’ll encounter during the search will keep you on your toes, but at some point you’ll be itching to move to the CEO role.

In the meantime, set your metrics and keep yourself honest. As a searcher, you’re a sales department of one (or two), so it’s up to you to hold yourself accountable. You’re looking to close only one deal, but it’s a big one.

Written by
Jake Nicholson
Founder and managing director of SMEVentures. In search funds since 2011, INSEAD Entrepreneur in Residence, and host of The Search Fund Podcast.

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Written by
Jake Nicholson
Founder and managing director of SMEVentures. In search funds since 2011, INSEAD Entrepreneur in Residence, and host of The Search Fund Podcast.

Get more insights

Join our newsletter for the latest articles, interviews and market updates.
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