2018 Annual Meeting Opening Video
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LEV acquires numerous small businesses (<$10M EV) per year.
LEV applies technology, processes and business model innovations to better serve customers.
We help small businesses accelerate growth and become more valuable to all stakeholders. This means taking a long term approach to compounding while implementing the most impactful next step.
We are business owners with significant portions of our net worth aligned with you.
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Local mead and cider maker to join neighborhood craft brewer. On May 20, 2019 New Day Craft merged with Fountain Square Brewery. Both brands established themselves in the Fountain Square neighborhood of Indianapolis, Indiana. Today, the brands ship packaged craft beers, meads, ciders, and spritzers across Indiana, Kentucky, Ohio and most recently New York City. Read more about New Day Craft Merges with Fountain Square Brewery[…]
by Daryl B. Starr What is “capital allocation?” Why is understanding the first principles of this discipline important? Allow me to pontificate. Investment is a choice to bear uncertainty with an intention to realize a profit. The actions that proceed from this choice are allocation. Allocation is defined as resource assignment for a given purpose. Read more about Principles of Capital Allocation[…]
At times I feel really selfish. At other times I feel really generous. For a long time I’ve described MatchBOX as the thing that I wish had existed when I started DelMar. Right out of college I was working out of my spare bedroom and coffee shops. Even though I had been in Lafayette for Read more about Selfish ideas, generous actions[…]
Last week I attended an orphan care conference on behalf of my church and Bethesda Outreach Ministries where Daryl and I both serve on the board. It was my first time at this conference or at anything with this much breadth and depth related to orphan care. It was almost all new to me. I Read more about Autocrat, Figurehead, Volunteer, Partner[…]
On May 9, 2019 the Indiana Small Business Development Center (ISBDC) awarded Little Engine Ventures (LEV) the Impact award for the Hoosier Heartland region. Monty Henderson, Regional Director, nominated the investment partnership for their role in preserving and growing small businesses in the region. LEV utilized the ISBDC to conduct market research on various industries Read more about Indiana Small Business Development Center Recognizes Little Engine Ventures for Impact[…]
Attending the Berkshire Hathaway Annual Shareholder Meeting was a bucket list item of mine. This year, I rented a house on VRBO and then figured out how to get there. What I learned was that waiting in line for two hours was near pointless… I still wound up in the second balcony. I also took Read more about Review of BRK AGM 2019[…]
Congruence is beautiful. Form and order your thoughts. Fix your beliefs and test. Set forth words and speak. Act in accord. Can these be ordered differently? Which comes first? Do you believe and then act? Or, do you begin acting, form a habit and begin to believe? What of your speech? Do you believe and Read more about Beliefs, Words, Actions[…]
I spoke with the matriarch of a family business yesterday. She received numerous mailers from Little Engine Ventures over the last couple of years. Eventually, she decided to explore further. She started by holding on to one as a reminder. She then surveyed her husband: “Dear, how would you rank your job satisfaction?” To which Read more about Uncertainty and Profit[…]
Little Engine Ventures (LEV) acquired 100% of Skydive Indianapolis from Indiana Skydive Center on April 19, 2019. Skydive Indy was founded and owned by Bob Dougherty. Dougherty launched the business more than 30 years ago from Greensburg, IN. The business was relocated to Frankfort, IN after a tornado hit the Greensburg airport. Skydive Indy is Read more about Little Engine Ventures acquires Skydive Indianapolis[…]
What is business ownership? Why would anyone want to own a business? Why would we want to own a whole lot of them? These are questions I’ve been pondering for about 20 years. But I don’t think I had the language enough in my own head to realize it until about a year ago. Spending Read more about The Nature of the Firm[…]