Navigating the Shift: From Corporate Life to Entrepreneurship

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):

• Book a call with Tim or email hello@systemsix.com and mention Acquiring Minds

Connect with Acquiring Minds:

• See past + future interviews on the YouTube channel
• Connect with host Will Smith on LinkedIn
• Follow Will on Twitter