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Sep 2024
1h 47m

Leaving Corporate to Buy a $4m Manufactu...

Will Smith
About this episode

An engineer at heart, Mike Dey set his sights on buying a manufacturing business for the next stage of his career.

Topics in Michael’s interview:

  • Pivoting from aerospace engineering to business ownership
  • Selling his real estate investment to buy a business
  • Beware turning your passion into your income
  • Buying a business in his 40’s
  • How risky is business ownership?
  • The risk build-up model of valuing a business
  • Saying no to a friend’s investment
  • Buying a business bundled with real estate
  • Managing a blue collar workforce
  • Having to suddenly switch lenders

References and how to contact Michael:

Work with an SBA broker who focuses exclusively on helping entrepreneurs buy businesses:

Get $200 off your ticket to the M&A Launchpad Conference in Chicago on October 26th:

Get a free review of your books & financial ops from System Six (a $500 value):

Connect with Acquiring Minds:

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