Michael Streets returns to Success Profiles Radio in this episode. He is a 26 year old entrepreneur who has started businesses on four continents. He also recently sold a business for $1.5 million.
We discussed how buying and selling businesses involves solving complex problems and how he relies on his chess training to help with that.
In addition, we talked about his first million-dollar exit, the considerations involved in successfully selling a business, the importance of knowing your customer and your numbers, and the decision to use either debt financing or cash to buy a business.
Finally, we discussed the ideal time to sell a business, where to find deals, and the hot business niches to invest in now. You can listen and subscribe to the show on Apple Podcasts/iTunes. You can also hear it at Success Profiles Radio | Live Internet Talk Radio | Best Shows Podcasts and on Audible and Spotify.
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