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Second Bite Podcast

How the Seller Gets 90% Cash at Close and the Employees Get the Company 10 Years Later

Feb 24, 2022
37:35

Michael Brown is the Co-founder of Teamshares, a company that buys small businesses from retiring owners. He is also a Partner at Coles Bay Group and the Director at All Type Electric. Previously, Michael was the Director of Corporate Advisory at Perella Weinberg Partners and a Research Associate of Aerospace and Defense at Morgan Stanley.

In this episode…

It’s hard to part with a small business you’ve spent your whole life building. When it’s time to retire, how can you be sure that your life’s work is in good hands?

Co-founder of Teamshares, Michael Brown, explains how he helps small business owners retire with peace of mind. With host Todd Taskey, Michael describes the process of giving ownership to the employees, the type of businesses that Teamshares partners with, and the best advice for exiting business owners.

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