Exit Is Now - Plan Accordingly With Scott Snider

The Boomerang Exit: Mike Fischer's Entrepreneurial Journey

Oct 12, 2023

Mike Fischer, an exited entrepreneur and managing partner at Wilco Tech, shares insights from his journey of building and selling Thin Solutions, an IT services company. He discusses the importance of creating a business independent of him and his strategic move towards acquisitions to drive growth. Mike emphasizes his MBA experiences, the impact of his divorce on personal challenges, and how peer groups influenced his entrepreneurial mindset. Now focused on cybersecurity SaaS, he reflects on lessons learned and the desire to pass business wisdom to his children.

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ANECDOTE

Peer Rooms Reframe Possibility

Mike describes how sitting monthly with other business owners reframed what was achievable for him.
Exposure to peers' results convinced him he could grow beyond his initial mild success.

ANECDOTE

Bedroom Startup With A Co-Founder

Mike left a low-paying job after a few years because he brought in business and wanted more control.
He and a co-founder started the company running it out of a duplex and a bedroom office to minimize risk.

ANECDOTE

Customers Followed Them After Quitting

Early client wins came right after quitting their employer when former customers hired them directly.
Landing a law firm and a wealth management firm immediately launched their business.

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Scott Snider is joined by a very special guest on the Exit Is Now podcast. Mike Fischer is the managing partner at Wilco Tech. He is an investor in multiple ventures and an exited owner himself. Scott's story with Mike goes back to 11 years ago when EPI worked out of Mike's former office behind a cigar shop. Mike shares the stories of building a business that was independent of him and one that he knew he was going to sell.

Want to learn more? Go to: https://linktr.ee/theexitplanninginstitute

Connect with Scott: https://www.linkedin.com/in/scott-snider-epi/

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About Scott:

Scott Snider is the President of the Exit Planning Institute (EPI) and the Operating Partner of Snider Premier Growth, a small family investment company. At EPI, Scott is responsible for the strategic direction of the organization along with overseeing the company’s operations and chapter development. Since joining EPI, Scott has expanded the organization regionally, nationally, and globally, providing a transformational educational experience to advisors from all specialties across the globe.

Scott Snider is a nationally recognized industry leader, growth specialist, and lifetime entrepreneur. Two of Snider’s biggest talents: market penetration and rapid growth strategies. As the operational and strategic leader of EPI, Snider thrives on helping advisors learn how to educate clients, achieve market distinction, and deliver real results.