Welcome back to The Richard Geek Podcast. Today, I sit down with Michael Frew, a software engineer who pivoted his career to acquiring online SaaS companies. Frew discusses his journey from corporate burnout to becoming a successful entrepreneur who now enjoys the freedom of running his own portfolio of businesses.

 

In this episode, we're discussing...

• Frew's transition from traditional software engineer to online business owner through acquisitions.

• The benefits of acquiring established businesses compared to starting from scratch.

• How to identify and target suitable businesses for acquisition.

• Due diligence considerations for software acquisitions, including financial metrics and team expertise.

• The concept of "buying momentum" and taking over operational businesses.

• Warning signs to watch out for during the acquisition process, such as unrealistic profit margins.

 

Resources from Michael:

Michael Frew | LinkedIn 

 

Resources from Mike and Nichole:

Gateway Private Equity Group | REI Words | Nic's guide