In this episode of "Elevate Your Business," Adam chats with Michael Frew of Dev Driven Acquisitions to explore the world of digital business acquisitions. Michael shares his journey from the corporate sphere of software engineering to online business purchases. He discusses the benefits for IT professionals of acquiring established online businesses rather than starting from scratch, offering a practical perspective on career advancement and entrepreneurship.
Michael also outlines his comprehensive 8-step framework for identifying, financing, and acquiring online companies. He provides insights into recent changes in the landscape, including new financing options and the implementation of AI in the acquisition process. With practical advice for IT professionals hesitant to enter this space, Michael explains the financing mechanisms and offers guidance to help listeners confidently step into the world of digital acquisitions. This episode is an informative resource for anyone interested in leveraging their IT skills to achieve business success through strategic acquisitions.
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