Buying a Business with Michael Frew
We talked about the life cycle of a career of a software engineer, what to do when you “age out” of the field, the difficulty of pivoting to a new opportunity and why it’s sometimes necessary to do so.
Why having a background in technology and management can make you an excellent candidate for running a business, how to be proactive about entrepreneurship and skill building, and how to take the initial steps!
Listen to us On
About the Episode
LifeBlood CREATE: We talked about the life cycle of a career of a software engineer, what to do when you “age out” of the field, the difficulty of pivoting to a new opportunity and why it’s sometimes necessary to do so.
Why having a background in technology and management can make you an excellent candidate for running a business, how to be proactive about entrepreneurship and skill building, and how to take the initial steps.
The realities of the failure rate amongst startups, why it can make sense to buy an existing business and what that process looks like.
How to evaluate good opportunities and recognize bad ones when thinking about acquiring a business, and how starting small and learning from your mistakes can be more valuable than an MBA with Michael Frew, entrepreneur, engineer, owner and operator of Tyler Crown, an organization that starts, acquires, operates and sells software products and services.
Listen to learn the pros and cons of buying an existing business versus starting on from scratch!
For the Difference Making Tip, scan ahead to 16:37!
You can learn more about Michael at MichaelFrew.com and LinkedIn.
Thanks, as always for listening! If you got some value and enjoyed the show, please leave us a review wherever you listen and subscribe as well.
You can learn more about us at MoneyAlignmentAcademy.com, Twitter, LinkedIn, Instagram, Pinterest, YouTube and Facebook or you’d like to be a guest on the show, contact George at [email protected].
George Grombacher
Lifeblood Host
Michael Frew
Guest
More Episodes
An Open Letter to Working Class Americans
An Open Letter to Working Class Americans If you could write an open letter to working class Americans regarding their personal finances, what would it say?!About the EpisodeIf you could write an open letter to working class Americans regarding their personal...
Creating Value with Ben Hockema
Creating Value with Ben Hockema Are you creating value, or simply delivering a product or service? Ben Hockema talks about how to do it in a changing marketplace! About the EpisodeWe focused on creating value, the reasons people are turning to message boards and...
Changes in Realtor Commissions
Changes in Realtor Commissions What's going on with Realtor commissions and what does it mean? George G breaks it down and shares a three-step framework for how agents can start delivering more value!About the EpisodeWhat's going on with Realtor commissions and what...
Avoiding Financial Scams
Avoiding Financial Scams Financial scams are an unfortunate reality, and scammers are going after our aging parents. George talks about how to avoid getting taken advantage of!About the EpisodeFinancial scams are an unfortunate reality, and scammers are going after...
Better Financial Decisions with Jake Sadler
Better Financial Decisions with Jake Sadler Making better financial decisions can be simple, but not always easy. Jake Sadler talks about setting the conditions for making it happen! About the EpisodeWe focused on making better financial decisions, how all decisions...
Consider the Source with Vince Shorb
Consider the Source with Vince Shorb It's prudent to consider the source when receiving financial education. Vince Shorb talks about how to become a more informed and educated investor!About the EpisodeWe focused on why it’s prudent to consider the source when...
Building Financial Confidence with Justin McMurdy
Building Financial Confidence with Justin McMurdy Financial confidence can lead to success and peace of mind. Justin McCurdy talks about how to find it regardless if you're a saver or a spender!About the EpisodeWe focused on building financial confidence, the planning...
Tune Out the Noise: Focus On What Really Matters
Tune Out the Noise: Focus On What Really Matters Getting what you want demands you tune out the noise; and there's a lot of it. George talks about how to actually do it! About the EpisodeGetting what you want demands you tune out the noise; and there's a lot of it....
The Problem of Instant Gratification with Lindsey Curry
The Problem of Instant Gratification with Lindsey Curry Our impulse and ability to get what we want when we want isn't great for our finances. Lindsey Curry talks about overcoming instant gratification!About the EpisodeWe focused on the problem of instant...
Join the show.
Interested in being on the show? Tell me a little bit more about you and what you’d like to talk about!