Michael Brown is the Co-founder of Teamshares, a company that buys small businesses from retiring owners. He is also a Partner at Coles Bay Group and the Director at All Type Electric. Previously, Michael was the Director of Corporate Advisory at Perella Weinberg Partners and a Research Associate of Aerospace and Defense at Morgan Stanley.
Here’s a glimpse of what you’ll learn:
- Michael Brown explains how Teamshares began
- How does Teamshares give ownership to the employees?
- The types of businesses that Teamshares acquires
- Michael’s advice for business owners: wait to sell until you’re ready financially and personally
In this episode…
It’s hard to part with a small business you’ve spent your whole life building. When it’s time to retire, how can you be sure that your life’s work is in good hands?
Co-founder of Teamshares, Michael Brown, explains how he helps small business owners retire with peace of mind. With host Todd Taskey, Michael describes the process of giving ownership to the employees, the type of businesses that Teamshares partners with, and the best advice for exiting business owners.
Resources Mentioned in this episode
- Michael Brown on LinkedIn
- Teamshares
- Traction: Get a Grip on Your Business by Gino Wickman
- Todd Taskey on LinkedIn
- Potomac Business Capital
Sponsor for this episode…
This episode is brought to you by Potomac Business Capital, where we help businesses in the lower middle market maximize their value.
By putting a unique twist on the typical banking process, we create satisfied, wealthy clients who make an impact on the world.
Over the past 15 years, we have perfected our strategies for M&A advising and exit planning to guide clients through everything — from pre-deal planning to closing.
To learn more, visit potomacbusinesscapital.com or email todd@potomacbusinesscapital.com.
This episode is also brought to you by Trivest.
Trivest is a top private equity firm created specifically for founders and family-owned companies. They have completed 300+ transactions and are on Inc. Magazine’s Founder Friendly list for 2019 and 2020.
To learn more about Trivest, visit Trivest.com/secondbite.