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