Acquiring Minds

Leaving Corporate to Buy a $4m Manufacturer


Listen Later

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:

  • LinkedIn
  • Twitter
  • American Spray Technologies

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

  • Matthias Smith of Pioneer Capital Advisory

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

  • https://www.malaunchpad.com & enter code ACQUIRINGMINDS

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

Connect with Acquiring Minds:

  • See past + future interviews on the YouTube channel
  • Connect with host Will Smith on LinkedIn
  • Follow Will on Twitter
...more
View all episodesView all episodes
Download on the App Store

Acquiring MindsBy Will Smith

  • 4.8
  • 4.8
  • 4.8
  • 4.8
  • 4.8

4.8

242 ratings


More shows like Acquiring Minds

View all
Invest Like the Best with Patrick O'Shaughnessy by Colossus | Investing & Business Podcasts

Invest Like the Best with Patrick O'Shaughnessy

2,323 Listeners

Built to Sell Radio by John Warrillow

Built to Sell Radio

212 Listeners

Founders by David Senra

Founders

2,137 Listeners

M&A Science by Kison Patel

M&A Science

135 Listeners

The Sweaty Startup by Nick Huber

The Sweaty Startup

369 Listeners

POWERS by Chris Powers

POWERS

494 Listeners

My First Million by Hubspot Media

My First Million

2,637 Listeners

Minds Capital Podcast by Will Smith & Niklas James

Minds Capital Podcast

14 Listeners

Acquisitions Anonymous - #1 for business buying, selling and operating by Bill D'Alessandro, Mills Snell, Heather Endresen, and Michael Girdley

Acquisitions Anonymous - #1 for business buying, selling and operating

247 Listeners

The Private Equity Podcast, by Raw Selection by Alex Rawlings

The Private Equity Podcast, by Raw Selection

32 Listeners

Business Breakdowns by Colossus | Investing & Business Podcasts

Business Breakdowns

353 Listeners

The Startup Ideas Podcast by Greg Isenberg

The Startup Ideas Podcast

206 Listeners

Moneywise by Hampton

Moneywise

652 Listeners

The Koerner Office - Business Ideas and Small Business Deep Dives with Entrepreneurs by Chris Koerner

The Koerner Office - Business Ideas and Small Business Deep Dives with Entrepreneurs

225 Listeners

Think Big, Buy Small by Harvard Business School

Think Big, Buy Small

39 Listeners