While start-ups can offer high rewards, they also come with a high degree of risk and uncertainty. On the other hand, acquisitions offer established businesses with proven systems, infrastructure, and market share, which can help entrepreneurs grow and scale their businesses quickly.
By acquiring existing businesses, entrepreneurs can avoid many of the pitfalls associated with starting a new venture from scratch and increase their chances of success in the competitive world of business.
Michael Byars, the founder of Acquisition CEO, a leading mergers and acquisitions company, started his journey as a one-man company with just grit and a growth mindset. At the age of 19, he launched his first tech business from scratch and showed an impressive growth trajectory, expanding it from 2 locations to 10,000 endpoints and generating $40 million in annual revenue.
At 21, Michael obtained his first acquisition deal by purchasing a restaurant. He operated that company for nine years, developing a framework for maximizing market potential, and then sold it at its highest valuation. He then bought a similar restaurant that was on the verge of collapsing.
By this time, Michael Byars had obtained operational intelligence from the first restaurant and quickly grew it to over $3 million in sales and over $1 million in profit in the first 12 months of ownership.
Michael is also the author of a best-selling book, Scale Then Sell: The Blueprint For Unlocking What The 1% Know about Growth. The book has transformed thousands of entrepreneurs’ lives, teaching them how to lead, delegate, raise growth capital, position their companies to sell, and seek strategic partners to help scale their businesses. The principles in the book also enable business owners to implement critical strategies to rapidly drive cash flow, improve their bottom line, and create a multiplying effect when they exit the business.
Acquisition CEO has recently launched a Mastermind program and Course specifically designed for current business owners and entrepreneurs. The Course aims to provide a comprehensive understanding of the advantages of growing a business through mergers or acquisitions by leveraging Michael’s 20 years of experience in buying, scaling, and exiting companies for the highest value possible.
The program is focused on educating entrepreneurs on the benefits of an acquisition over starting a business from scratch and offers guidance on identifying target companies, negotiating deals, and maximizing value for their business.
Today, Michael Byars has amassed $140 million per year in revenue across the 20 companies in his portfolio, stating, “After enduring a few failed start-ups, I quickly realized that I wanted to move into the acquisition space, where businesses already have a proven track record of success and cashflow.”
Through his extensive experience, Michael Byars has discovered the secrets of the 1% when it comes to growth, and he is passionate about sharing these insights with others. He believes that there is a hidden blueprint to success that is often only known by the most successful entrepreneurs, and he is committed to helping others unlock these secrets for themselves.
By providing entrepreneurs with the tools, knowledge, and resources they need to succeed in the mergers and acquisition space, Michael is empowering them to take their businesses to the next level and achieve their own version of success. With his guidance, entrepreneurs can avoid the common pitfalls of starting a new business and increase their chances of success, making the acquisition space an attractive option for anyone looking to scale their business quickly and efficiently.
