Leading While Learning: A First-Time Business Buyer’s Experience

Join Sam Foreman and Jacob Wayman in this episode of How To Buy & Sell A Business Successfully and welcome guest Caleb Edelman, a small business owner who bought his first company without prior industry experience. He transitioned from a corporate role into entrepreneurship through acquisition.   Get insights into what it’s really like to step into an unfamiliar industry and lead a team that knows more than you. Find out how Caleb navigated the challenges of being a first-time business owner, from building trust and shifting his mindset to managing daily operations and long-term growth. Hear more on how he worked with the seller during the transition, and what he’s still figuring out along the way. Whether you're exploring your first acquisition or already in the thick of ownership, this episode offers key takeaways and honest lessons from someone learning by doing.