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
Fiduciary Rule Conspiracy Theory
Fiduciary Rule Conspiracy Theory Could there be a conspiracy theory about the new fiduciary rule? There is now! George G breaks down what he thinks is really going on. About the EpisodeCould there be a conspiracy theory about the new fiduciary rule? Who is it designed...
Focus on What Matters with Peter Mallouk
Focus on What Matters with Peter Mallouk Do you focus on what matters, or what seems urgent? Peter Mallouk talks about the value of taking a simplified approach to your finances! About the EpisodeWe focused on how to focus on what matters when it comes to your money,...
What’s Your Number and Does it Matter?
What's Your Number and Does it Matter? What's your number to live a comfortable retirement, and is that what you should be focused on? George G breaks the process down!About the EpisodeWhat's your number to live a comfortable retirement, and is that what you should be...
The Fiduciary Rule with Stephen Kagawa
The Fiduciary Rule with Stephen Kagawa A new fiduciary rule could negatively impact the way financial services and advice are delivered. Stephen Kagawa breaks down what you need to know!About the EpisodeWe focused on the fiduciary rule impacting how financial services...
Financial What If’s with Derek Mazzarella
Financial What If's with Derek Mazzarella There are a lot of financial what if's when it comes to retirement. Derek Mazzarella shares his perspective on how to find the success you're looking for!About the EpisodeWe focused on financial what if’s in retirement, how to...
Better Investing with Gil Baumgarten
Better Investing with Gil Baumgarten Could being more patient lead to better investing? Gil Baumgarten talks about how to become a permanent participant in the market and the benefits of doing it!About the EpisodeWe focused on better investing, what it means to be a...
Lifetime Income with Matt Wolniewicz
Lifetime Income with Matt Wolniewicz Even after we stop working, we still want consistent lifetime income. Matt Wolniewicz talks about how to make that happen with your 401(k)! About the EpisodeWe focused on creating lifetime income, the challenges of accumulating...
Money Advice for Young Adults
Money Advice for Young Adults What money advice would you give to your younger self? George G talks about the fundamentals for getting off to the right start!About the EpisodeWhat money advice would you give yourself as a young adult? The world of personal finance is...
Inflationary Vibes
Inflationary Vibes Is inflation really a problem, or does it just feel like it's a problem? George G breaks down the numbers and talks about our current reality! About the EpisodeIs inflation really a problem, or does it just feel like it's a problem? The Wall Street...
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!