In this episode of the M&A Launchpad Conference, we delve into the journey of Mike Okhravi, a first-time acquirer who courageously ventured into the world of ETA. Departing from his corporate role in the tech industry, Mike embraced the challenge of business ownership by successfully acquiring two small businesses – an Epoxy Coating enterprise and a Towing operation – within an impressively short timeframe. With genuine candor, Mike shares the trials, victories, and invaluable lessons encountered during his journey as a first-time business acquirer.
In this podcast episode, we discuss:
- The Leap from Corporate Tech to Entrepreneurship
Mike’s courageous leap from the familiar terrain of corporate tech to the dynamic world of SMB ownership, underscoring the motivations and aspirations that fueled his transition and the pivotal moments that defined his path.
- Acquiring 2 Businesses at Once
With full transparency, Mike shares his journey acquiring two distinct businesses within a month of each other, shedding light on the deal structuring, challenges, and gratifying victories that characterized this rapid succession of acquisitions.
- The Power of Intellectual Capital in SMB
Insights are offered into the indispensable role of your key team members and the value they add to the business. Mike discusses how he navigated challenges with staff and keeping the intellectual capital of his business
- Deconstructing Deal Structures and Seller Financing
Mike provides valuable insights into the diverse approaches to structuring a deal and how he leveraged seller financing to get a deal done
- Embracing Challenges, Embracing Growth
Mike extends an invaluable invitation for listeners to glean from his experiences in M&A, embracing the challenges, embracing growth, and charting their own course toward entrepreneurial success.
You can connect with Mike Okhravi at – mikeokhravi@gmail.com
Mike’s M&A Resource recommendations:
- https://acquiringminds.co/
- https://podcasts.apple.com/us/podcast/the-prof-g-pod-with-scott-galloway/id1498802610
Additional Resources:
- Access our archive of video interviews on YouTube
- Checkout our upcoming Conference – https://malaunchpad.com/
- Get in touch with show hosts Casey Minshew and Feras Moussa at – info@equitylaunchpad.com
- Looking to invest in M&A opportunities or partner with an advisor to acquire, scale or sell your business? Visit Equity Launchpad
