Leaving Corporate to Buy a $4m Manufacturer

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 ownershipSelling his real estate investment to buy a businessBeware turning your passion into your incomeBuying a business in his 40’sHow risky is business ownership?The risk build-up model of valuing a businessSaying no to a friend’s investmentBuying a business bundled with real estateManaging a blue collar workforceHaving to suddenly switch lenders References and how to contact Michael:LinkedInTwitterAmerican 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 channelConnect with host Will Smith on LinkedInFollow Will on Twitter