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 lendersReferences and how to contact Michael: LinkedInTwitterAmerican Spray TechnologiesWork with an SBA broker who focuses exclusively on helping entrepreneurs buy businesses: Matthias Smith of Pioneer Capital AdvisoryGet $200 off your ticket to the M&A Launchpad Conference in Chicago on October 26th: https://www.malaunchpad.com & enter code ACQUIRINGMINDSGet a free review of your books & financial ops from System Six (a $500 value): Book a call with Tim or email [email protected] and mention Acquiring MindsConnect with Acquiring Minds: See past + future interviews on the YouTube channelConnect with host Will Smith on LinkedInFollow Will on Twitter