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Show Notes
Welcome back to The Richard Geek Podcast. Today, I sit down with Michael Frew, a software engineer who pivoted his career to acquiring online SaaS companies. Frew discusses his journey from corporate burnout to becoming a successful entrepreneur who now enjoys the freedom of running his own portfolio of businesses.
In this episode, we're discussing...
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Frew's transition from traditional software engineer to online business owner through acquisitions.
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The benefits of acquiring established businesses compared to starting from scratch.
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How to identify and target suitable businesses for acquisition.
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Due diligence considerations for software acquisitions, including financial metrics and team expertise.
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The concept of "buying momentum" and taking over operational businesses.
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Warning signs to watch out for during the acquisition process, such as unrealistic profit margins.
Resources from Michael:
Resources from Mike and Nichole: