Navigating Key Man Risk in Business Acquisition

Michael Byars is the founder of a holding company with the portfolio of 18 companies with total revenue of over $140,000,000

On this episode, PrivatEquityGuy & Michael discuss:

- how Michael increased his initial investment in the restaurant business by 8-10x

- the three things that Michael changed in these companies that ultimately made a difference

- how the first mentor changed his life and what he taught to Michael (he wouldn't have achieved so much without him)

- what size and type of companies Michel acquires

- typical due diligence process by Michael and his team

- what exactly needs to be changed to improve the company's operations

- how Michael took a business from $120,000 to $4.5 million in one year

- how to buy a business with no money down

- how has entrepreneurship changed Michael's life

- why is doing due diligence the best investment advice he can give

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Michael on Twitter: https://twitter.com/AcquisitionCEO