Leaving Corporate to Buy a $4m Manufacturer
Update: 2024-09-03
Description
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:
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- Book a call with Tim or email hello@systemsix.com and mention Acquiring Minds
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